Frost ICT awards to honor the region’s best
By Digital News Asia June 6, 2012
- Recognizing outstanding companies in Enterprise, Telecom, and Service Provider segments
- Honoring companies and individuals who have pushed the boundaries of excellence
FROST & Sullivan will be honoring and recognizing the region’s best Information and Communications Technology ()ICT) companies and personalities at the 9th annual Frost & Sullivan Asia Pacific ICT Awards 2011 this Thursday, June 7.
The Awards recognize the outstanding performance by companies in the Enterprise, Telecom, and Service Provider segments of the industry, the company said in a statement.
Digital News Asia is among the official media partners for the event.
The Frost & Sullivan Awards are presented to companies that demonstrate best practices in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace.
Founded in 2004, the 2012 Frost & Sullivan Asia Pacific ICT Awards seeks to recognize companies and individuals that have pushed the boundaries of excellence -- rising above the competition and demonstrating outstanding performance across Asia Pacific.
Last year, Cisco Systems, Huawei, XL Axiata, and ZTE were recognised multiple times. Huawei and ZTE walked away with two awards each while Cisco Systems bagged three.
XL Axiata was awarded the Wireless Service Provider of the Year, Service Provider of the Year and CEO of the Year awards. The Axiata Group also received the Telecom Group of the Year award.
“XL Axiata was able to record 27.0% revenue growth and an eight-percentage point increase in EBITDA margin to 52.7% in 2010 from 2009,” Marc Einstein, industry manager for ICT at Frost & Sullivan, said then.
Other notable recipients last year were Ericsson, Telecom Managed Services Provider of the Year; Nokia Siemens Networks, Wireless Infrastructure Vendor of the Year; and SingTel, Managed Service Provider of the Year.
Frost & Sullivan identifies the outstanding industry achievements in the past year by companies in the regional and global markets, through in-depth interviews, market analysis, performance measurements, and benchmarking of market participants to bring unique best practices to the forefront, it said in its statement.
Award recipients were evaluated based on their revenue growth, market share gains, leadership in new product introduction and innovation, breadth of products and solutions, major customer acquisition, and business and market strategy, it added.
The results are then presented to an independent panel of judges, comprising of influential personalities, decision-makers and thought leaders from the ICT sector across Asia pacific.