Celebrating Best-in-Class Industry Innovators at Frost & Sullivan Growth Excellence Awards Banquet

- Over 20 companies win consulting firm's seal of recognition for their stellar achievements

LONDON, Oct. 31, 2012 /PRNewswire/ -- Showcasing unparalleled ideas and innovation across a wide variety of products and services which continue to thrive against a backdrop of a struggling world economy; twenty-nine exemplary organisations were honoured at Frost & Sullivan's recent Excellence in Best Practices Awards Banquet.

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These highly select awards, based on Frost & Sullivan's unique TEAM Research™ methodology, highlight the achievements of companies who deliver excellence and best practices in their respective industries.

Speaking on the occasion, Gary Jeffery, Partner and Head of UK Operations Frost & Sullivan, noted, "Our long-established awards programme recognises companies that have demonstrated a unique approach to doing business in their markets. Frost & Sullivan celebrates these ideas and strategies that drive corporate growth."

BT Global Services, HP and Siemens were among the recipients from the ICT sector.  Highlighting the strong ICT representation at the awards ceremony, Adrian Drozd, Research Director - ICT Europe at Frost & Sullivan took to the stage to present the first half of the awards followed by Gary Jeffery with the second half of the winners for the evening.

Other well represented industries were healthcare with 6 award recipients, environment and building technologies with 4 awardees and 3 companies each in the energy and power supplies and the chemicals, materials and foods industries winning commendation.

Awardees were lauded for exceptional growth and market strategies, product development abilities, competitive advancement skills, technology innovation and dedicated customer focus.

"The companies that received awards have shown innovation, competitiveness and leadership in meeting the particular demands of doing business in the current economic climate," remarked Jeffery. "The products and services that we recognise should be applauded as examples of how to effectively optimise strategies, performance and processes."

The consulting firm's methodology identifies companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

• The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation, including: research, analysis, strategy, vision, innovation and implementation.
• The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Contact:
Mireya Espinoza
P: 210. 247.3870
F: 210.348.1003
E: mireya.espinoza@frost.com