Pointers to recovery in Frost & Sullivan ICT Awards

05.06.2009
There are good signs of an upturn in the global economy, if the winners of the Frost & Sullivan 2009 Asia Pacific Information and Communications Technology (ICT) awards, announced last night at a gala dinner in Singapore, are anything to go by.

The sixth year of the awards, entitled 'Gems of Asia', saw 25 companies receive awards in 31 categories and many were recognised for their substantial growth and profitability in the past year.

The awards recognise outstanding performance and leadership by companies within the ICT industry in the Asia Pacific that have made the most significant impact on the market in 2008. The criteria for winning included a variety of actual market performance indicators, including revenue growth, market share and growth in market share, leadership in product innovation, breadth of products and solutions, major customer acquisitions, and business and market strategy, among other category-specific criteria.

Frost & Sullivan's senior vice president, ICT practice, Asia Pacific, Nitin Bhat, told the dinner audience that the 20 independent judges felt there were some things the winners had in common.

These included the relentless pursuit of a new vision, a focus on customers, a determination to identify new market opportunities, plus a focus on the retention and satisfaction of existing customers.

Key award winners