India holds a relatively strong position in the global Engineering Services Outsourcing (ESO) market, with a potential of US $40 billion by 2015. India's strengths lie in the automotive, aerospace and hi-tech telecom sectors accompanied by a large talent pool and experience in this field. The growth in engineering services signifies the need for global companies to expand their R&D centers beyond their home countries.
Another attractive factor for these global manufacturers is low labor cost along with quality, one of the main reasons that makes India a major outsourcing destination.
Indian engineering service providers are technically proficient and have a fervent eye for detail ensuring that service levels remain better than competing countries. Most of the Indian engineering services providers are at par with competition and offer an array of services, which include computer aided design (CAD), computer aided manufacturing (CAM), computer aided engineering (CAE) while vertical specific engineering services companies provide product life cycle management solutions, reengineering and design change management, too.
To target the maximum potential from engineering service providers and automotive manufacturers, there is a need to address key issues like quality manpower, low cost services and put India on the global market as an engineering service provider. Frost & Sullivan is organizing a two-day high-powered MindXchange to address these issues through its summit "Opportunities in the Automotive Engineering Services Outsourcing Market" to be held on the 11th and 12th August, 2008 at the Leela, Goa.
The summit seeks to understand and discuss the growth needs of companies in the engineering services outsourcing as well as the automotive industry by fostering common understanding of business needs and opportunities that could lead to business partnerships. This forum endeavors to nurture strategic business decisions by bringing together key decision makers and thought leaders from the domestic and international automotive industry and engineering services companies.
Eminent speakers such as, Dr. Arun Jaura, Mahindra & Mahindra; Tarak Balaji, Delphi; Vivek Narayanan, Pierburg; S. D. Pradhan, Argentum Motors; and senior representatives from Satyam Ventures, BMW and many more are expected to be present at the summit.
Satyam Ventures is the event partner and Auto Monitor, Autocar Professional, Dataquest and The Machinist are the media partners for the event.
About Frost & Sullivan:
"We Accelerate Growth" - Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.
Showing posts with label Frost and Sullivan. Show all posts
Showing posts with label Frost and Sullivan. Show all posts
Monday, June 30, 2008
Thursday, February 14, 2008
Felicitating Leadership and Innovation at Frost & Sullivan's 2007 Chemicals, Materials and Foods Awards Banquet
Frost & Sullivan, a global growth consulting company, hosted its 2007 Chemicals, Materials and Foods Awards Banquet, the first of its kind for the industry in India, at Mumbai.
Based on detailed end-user research and customer feedback on various parameters, 13 award titles were presented to companies in recognition for their pioneering efforts with regards to their product lines, innovative distribution strategies, customer service plus support par excellence, outstanding contribution to the industry or for achieving a competitive position in the Indian Chemicals, Materials and Food (CMF) industry.
Speaking on the CMF Industry, Anand Rangachary, Managing Director, Frost & Sullivan, South Asia and Middle East feels that, "The rapidly expanding Indian Chemicals market offers plenty of opportunities to existing players as well as entrants. Many multinationals are making efforts to increase their footprint in the $38-40 Billion Chemicals Industry, which is currently growing at about 10-12 percent per annum. Going through a typical metamorphosis of a developing country, the paints industry is the fastest growing sector with a CAGR of approximately 14-15 percent. The Indian Foods Industry, being a relatively late starter, has one of the lowest rates of food processing globally. The situation is however changing with a growing urban population, higher disposable incomes and the emergence of a cold chain being some of the driving factors. The strong growth of end-user industries such as automotive, healthcare, construction, textiles and leather is expected to increase the demand and consumption of related chemicals. India is expected to become one of the world's top consumers of plastics and synthetics by the year 2010."
According to Mamta Wadhwa, Director, Chemicals, Materials and Food Practice, Frost & Sullivan, South Asia and Middle East, "One of the main aims for Frost & Sullivan is to bring forth outstanding industry achievements and best practices through these awards. Our industry experts recognise the diligence and innovation required to implement a successful business plan and excel in the increasingly competitive global market place. It is always one of the highlights of our calendar year to take an evening out and celebrate the excellent work of industry players. This is a forum where we identify the best-in-class products, services and strategies, an outcome of the ongoing research and analysis done by the Frost & Sullivan team."
Frost & Sullivan followed a rigorous methodology for selecting the Award Recipients. Detailed interviews with key decision makers (drawn from relevant functional departments) from various industry segments across the chemicals industry were conducted. These interviews were executed across various locations in India using questionnaires. Respondents assigned ratings, thereby reflecting their feedback on various attributes within a given criterion. Weightages were assigned to different criteria based on their perceived importance. Winners within a category were selected using powerful statistical analysis to compare the aggregated scores on attributes and rank assigned to different brands for relative position.
----------------------------------------------------------------------
Nutraceuticals
----------------------------------------------------------------------
Brand Strategy Leadership Award Market Leadership Award
Pfizer Ltd. Dabur Foods Ltd.
Elder Pharmaceuticals Ltd.
----------------------------------------------------------------------
Product Line Leadership Award Market Penetration Leadership
Award
Amul
Mahaan Proteins Ltd.
----------------------------------------------------------------------
Chemicals & Materials
----------------------------------------------------------------------
Market Leadership Award Market Penetration Leadership
Award
Baerlocher India Additives Pvt.
Ltd. BASF Construction Chemicals
(India) Pvt. Ltd.
Fosroc Chemicals (India) Pvt. Ltd.
Kansai Nerolac Paints Ltd.
----------------------------------------------------------------------
Competitive Strategy Leadership Brand Development Strategy
Award Leadership Award
Pidilite Industries Ltd.
Pidilite Industries Ltd.
----------------------------------------------------------------------
Technology Innovation Award Technology Leadership Award
Ciba Specialty Chemicals Ltd. Kirloskar Corrocoat Pvt. Ltd.
----------------------------------------------------------------------
About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 40 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.
Based on detailed end-user research and customer feedback on various parameters, 13 award titles were presented to companies in recognition for their pioneering efforts with regards to their product lines, innovative distribution strategies, customer service plus support par excellence, outstanding contribution to the industry or for achieving a competitive position in the Indian Chemicals, Materials and Food (CMF) industry.
Speaking on the CMF Industry, Anand Rangachary, Managing Director, Frost & Sullivan, South Asia and Middle East feels that, "The rapidly expanding Indian Chemicals market offers plenty of opportunities to existing players as well as entrants. Many multinationals are making efforts to increase their footprint in the $38-40 Billion Chemicals Industry, which is currently growing at about 10-12 percent per annum. Going through a typical metamorphosis of a developing country, the paints industry is the fastest growing sector with a CAGR of approximately 14-15 percent. The Indian Foods Industry, being a relatively late starter, has one of the lowest rates of food processing globally. The situation is however changing with a growing urban population, higher disposable incomes and the emergence of a cold chain being some of the driving factors. The strong growth of end-user industries such as automotive, healthcare, construction, textiles and leather is expected to increase the demand and consumption of related chemicals. India is expected to become one of the world's top consumers of plastics and synthetics by the year 2010."
According to Mamta Wadhwa, Director, Chemicals, Materials and Food Practice, Frost & Sullivan, South Asia and Middle East, "One of the main aims for Frost & Sullivan is to bring forth outstanding industry achievements and best practices through these awards. Our industry experts recognise the diligence and innovation required to implement a successful business plan and excel in the increasingly competitive global market place. It is always one of the highlights of our calendar year to take an evening out and celebrate the excellent work of industry players. This is a forum where we identify the best-in-class products, services and strategies, an outcome of the ongoing research and analysis done by the Frost & Sullivan team."
Frost & Sullivan followed a rigorous methodology for selecting the Award Recipients. Detailed interviews with key decision makers (drawn from relevant functional departments) from various industry segments across the chemicals industry were conducted. These interviews were executed across various locations in India using questionnaires. Respondents assigned ratings, thereby reflecting their feedback on various attributes within a given criterion. Weightages were assigned to different criteria based on their perceived importance. Winners within a category were selected using powerful statistical analysis to compare the aggregated scores on attributes and rank assigned to different brands for relative position.
----------------------------------------------------------------------
Nutraceuticals
----------------------------------------------------------------------
Brand Strategy Leadership Award Market Leadership Award
Pfizer Ltd. Dabur Foods Ltd.
Elder Pharmaceuticals Ltd.
----------------------------------------------------------------------
Product Line Leadership Award Market Penetration Leadership
Award
Amul
Mahaan Proteins Ltd.
----------------------------------------------------------------------
Chemicals & Materials
----------------------------------------------------------------------
Market Leadership Award Market Penetration Leadership
Award
Baerlocher India Additives Pvt.
Ltd. BASF Construction Chemicals
(India) Pvt. Ltd.
Fosroc Chemicals (India) Pvt. Ltd.
Kansai Nerolac Paints Ltd.
----------------------------------------------------------------------
Competitive Strategy Leadership Brand Development Strategy
Award Leadership Award
Pidilite Industries Ltd.
Pidilite Industries Ltd.
----------------------------------------------------------------------
Technology Innovation Award Technology Leadership Award
Ciba Specialty Chemicals Ltd. Kirloskar Corrocoat Pvt. Ltd.
----------------------------------------------------------------------
About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 40 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.
Tuesday, November 13, 2007
Frost & Sullivan Names TANDBERG the Global Video Conferencing Company of the Year
TANDBERG(R) (OSLO: TAA), a leading global provider of telepresence, high-definition videoconferencing and mobile video, has been named recipient of the 2008 Frost & Sullivan Global Video Conferencing Company of the Year Award for its excellence in product innovation as well as market execution that has accelerated the adoption of video conferencing.
Frost & Sullivan noted TANDBERG's continued top-line growth and market leadership. Through the first nine months of 2007 (January to September), TANDBERG revenues reached US$437.6 million, growing 51 percent year-over-year. In 2007, TANDBERG also increased its market share standing to become the number one provider of video conferencing endpoints and infrastructure products.
"Showing strong operating fundamentals, TANDBERG continues to aggressively address new and emerging areas of opportunity in its core video communication business," said Roopam Jain Principal Analyst at Frost & Sullivan. "TANDBERG has seen impressive top line growth in recent years, reflecting its market leading innovation and strong sales execution."
According to Frost & Sullivan, TANDBERG has further strengthened its position in the market by broadening its portfolio at both the high end and low end. TANDBERG's high-end telepresence solution, Experia(TM), provides a highly collaborative, in-person meeting experience that allows organizations to use their own networks and existing meeting rooms to create a telepresence experience. Movi(TM) provides a server-based PC-video application for enterprises that increases the accessibility and availability of video communications for PC users.
TANDBERG has also been proactive in green business initiatives by raising awareness for the advantages of using tools and technologies that promote productivity while reducing carbon emissions, traffic congestion and unnecessary business travel.
"Organizations are investing in innovative technologies, such as TANDBERG telepresence and high-definition videoconferencing, to enable natural communication. By providing an in-person meeting experience, TANDBERG solutions enhance collaboration and productivity," said Fredrik Halvorsen, TANDBERG CEO. "Together with our partners we have been able to expand the market and deliver a superior customer experience. We are honored that Frost & Sullivan has recognized our leadership in this exciting industry."
The Frost & Sullivan Award for Company of the Year is presented each year to the company that has demonstrated unparalleled excellence within its industry. The award is based on numerous factors, including the company's business development, competitive strategy, customer satisfaction, and leadership within a particular Frost & Sullivan Industry Research Group (IRG). The company's customer service offerings and performance are expected to be of very high caliber and the company should have proven expertise in taking advantages of market changes by capturing and solidifying market presence, or through execution of innovative strategies within the existing competitive landscape.
About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information, visit http://www.awards.frost.com/ .
About TANDBERG
TANDBERG is a leading global provider of telepresence, high-definition videoconferencing and mobile video products and services with dual headquarters in New York and Norway. TANDBERG designs, develops and markets systems and software for video, voice and data. The company provides sales, support and value-added services in more than 90 countries worldwide. TANDBERG is publicly traded on the Oslo Stock Exchange under the ticker TAA.OL. Please visit http://www.tandberg.com/ for more information.
Frost & Sullivan noted TANDBERG's continued top-line growth and market leadership. Through the first nine months of 2007 (January to September), TANDBERG revenues reached US$437.6 million, growing 51 percent year-over-year. In 2007, TANDBERG also increased its market share standing to become the number one provider of video conferencing endpoints and infrastructure products.
"Showing strong operating fundamentals, TANDBERG continues to aggressively address new and emerging areas of opportunity in its core video communication business," said Roopam Jain Principal Analyst at Frost & Sullivan. "TANDBERG has seen impressive top line growth in recent years, reflecting its market leading innovation and strong sales execution."
According to Frost & Sullivan, TANDBERG has further strengthened its position in the market by broadening its portfolio at both the high end and low end. TANDBERG's high-end telepresence solution, Experia(TM), provides a highly collaborative, in-person meeting experience that allows organizations to use their own networks and existing meeting rooms to create a telepresence experience. Movi(TM) provides a server-based PC-video application for enterprises that increases the accessibility and availability of video communications for PC users.
TANDBERG has also been proactive in green business initiatives by raising awareness for the advantages of using tools and technologies that promote productivity while reducing carbon emissions, traffic congestion and unnecessary business travel.
"Organizations are investing in innovative technologies, such as TANDBERG telepresence and high-definition videoconferencing, to enable natural communication. By providing an in-person meeting experience, TANDBERG solutions enhance collaboration and productivity," said Fredrik Halvorsen, TANDBERG CEO. "Together with our partners we have been able to expand the market and deliver a superior customer experience. We are honored that Frost & Sullivan has recognized our leadership in this exciting industry."
The Frost & Sullivan Award for Company of the Year is presented each year to the company that has demonstrated unparalleled excellence within its industry. The award is based on numerous factors, including the company's business development, competitive strategy, customer satisfaction, and leadership within a particular Frost & Sullivan Industry Research Group (IRG). The company's customer service offerings and performance are expected to be of very high caliber and the company should have proven expertise in taking advantages of market changes by capturing and solidifying market presence, or through execution of innovative strategies within the existing competitive landscape.
About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information, visit http://www.awards.frost.com/ .
About TANDBERG
TANDBERG is a leading global provider of telepresence, high-definition videoconferencing and mobile video products and services with dual headquarters in New York and Norway. TANDBERG designs, develops and markets systems and software for video, voice and data. The company provides sales, support and value-added services in more than 90 countries worldwide. TANDBERG is publicly traded on the Oslo Stock Exchange under the ticker TAA.OL. Please visit http://www.tandberg.com/ for more information.
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