Monday, May 26, 2008

Technology: Stars in Asia Pacific's ICT industry honoured

29 titles, 25 companies named the region?s best at the 2008 Frost & Sullivan Asia Pacific ICT Awards

Singapore (BUSINESS WIRE) - Honoring Asia Pacific's finest in the ICT (information and communications technology) industry, Frost & Sullivan today hosted the 2008 Frost & Sullivan Asia Pacific ICT Awards. The awards, in its fifth consecutive year, was held at the St. Regis in Singapore.

The Awards seek to recognise companies and individuals that have pushed the boundaries of excellence - rising above the competition and demonstrating outstanding performance in the ICT industry across the region for base year 2007.

This year, the awards saw both global as well as emerging companies claiming the 29 coveted titles offered within four distinct categories ? enterprise vendors, telecom vendors, service providers and the best of the best.

Nitin Bhat, Asia-Pac Senior Vice President for the ICT Practice at Frost & Sullivan says, "While Asia Pacific continues to be one of the fastest growing ICT markets globally, the diversity of the region entails customised strategies for success in each given country. A focus on innovative business models to suit emerging economies; strategies for new revenue streams through service bundling and blending in developed economies; and the increased focus on market segmentation in mature sectors have been some of the common themes across this year's award recipients."

Among the celebrated recipients who took home more than one award were Huawei Technologies, Avaya, Alcatel-Lucent and Telstra. Huawei received the prestigious Vendor of the Year Award along with Broadband Equipment Vendor of the Year, while Avaya clinched two awards for Contact Center Applications Vendor of the Year as well as Enterprise Telephony Vendor of the Year.

Alcatel-Lucent repeated its feat of bagging the NGN Infrastructure Vendor of the Year title for the fourth time, in addition to being named the Optical Vendor of the Year. Mr Solomon Trujillo, CEO of Telstra was selected as the CEO of the Year in the Service Provider category.

Telstra also received the Wireless Data Service Provider of the Year Award.

A much anticipated event in the annual calendar of the ICT industry, the awards has become a benchmark of success among organisations across the region's ICT sector. Nominations are made by a team of Frost & Sullivan experts based on the companies' actual market performance indicators. Measurement criteria include revenue growth, market share and growth in market share, leadership in product innovation, breadth of products and solutions, major customer acquisitions, subscribers and growth in subscriber base, ARPU (average revenue per user) and growth in ARPU, data strategy and next-generation service strategy.

The short-listing along with a detailed evaluation of the nominees is presented to a panel of judges who deliberate on the deserving recipients for each of the contested title.

Supporting partners for the awards are Comverse, Huawei, Oracle, NetGain Systems, Contact Recruitment, and Robert Walters. The official broadcast partner for the Awards is CNBC Asia Pacific. Questex titles - Enterprise Innovation, Telecom Asia, Network World Asia, Wireless Asia and Global Telecom Directory are official media partners, together with Business Today.

About the Frost & Sullivan Asia Pacific ICT Awards The Frost & Sullivan Asia Pacific ICT Awards is held annually to recognize outstanding performance by companies and individuals in the Information and Communications Technology (ICT) industry in Asia Pacific. The awards are presented to companies that demonstrate best practices and superior performance in areas such as market leadership, innovation and business strategies.
It has, over the years, attracted some of the leading names in technology on a single platform to compete for the most coveted titles in ICT. Benchmarked against the highest standards of measurement criteria, the recipients of these awards indeed represent the best-in-class in Asia Pacific. For more information on the awards, research and judging process, and
past recipients, please visit www.ict-awards.com

About 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.

Frost & Sullivan
Neethiya Sadagopal, +65-6890-0966
neethiya.sadagopal@frost.com
or Surbhi Dedhia +65-6890-0926 surbhi.dedhia@frost.com

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