Frost & Sullivan Lauds Keysight Technologies for Maintaining its Lead in the Instrumentation Software Market
-- Keysight's integrated hardware and software solutions reduce measurement times and simplify complex measurements
MOUNTAIN VIEW, California, Dec. 3, 2014 /PRNewswire/ -- Based on its recent analysis of the instrumentation software market, Frost & Sullivan recognizes Keysight Technologies Inc. with the 2014 Global Frost & Sullivan Award for Market Leadership for excellence in capturing the highest market revenue within its industry. Keysight has increasingly focused on software development to better integrate hardware and software in its test equipment. In 2013, the company generated $300 million from software that included electronic design automation, application and manufacturing test solutions.
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Keysight's unrivalled software lineup has enabled it to offer superior customer satisfaction across the global electronic test equipment market. It has showcased its strong technological skills with its Keysight EEsof Electronic Design Automation (EDA) software, which delivers unmatched operational product excellence without straining customers' budgets.
Its focus on R&D is one of the key reasons for Keysight's success in the overall electronic test and measurement equipment market and therefore the global instrumentation software market. The constant introduction of new products and enhancements made to existing offerings are made possible through Keysight's strong R&D initiatives. Keysight Laboratories, with its base in Santa Rosa, California has opened up offices in Europe as well as China. With R&D and manufacturing sites located across a wide span of geographies including California and Colorado (in the US) and Australia, China, Denmark, Germany, India, Italy, Japan, Malaysia, Poland, Singapore and the United Kingdom, the company taps the respective trends in each region and accordingly develop new software products and add sought-after functionalities to existing ones. Investing over 12% of its revenues in R&D, resulting into $365 million in its last fiscal year (2013), has led to the company's success, enabling it to introduce new software meeting evolving end-user technologies.
"Apart from developing a strong line of software for its products, Keysight also collaborates with leading companies to enhance its value proposition," said Frost & Sullivan Research Analyst Prathima Bommakanti. "It strives to ensure unparalleled customer satisfaction at every stage of the purchase cycle through continuous customer feedback."
The constant introduction of products and enhancements to existing products is a result of Keysight's continuous R&D initiatives. The Santa Rosa-based company has R&D and manufacturing sites in California, Colorado, Australia, China, Denmark, Germany, India, Italy, Japan, Malaysia, Poland, Singapore and the United Kingdom. It stays abreast of trends in each region and customizes its portfolios according to their specific demands.
Furthermore, Keysight has endeavored to develop best-in-class user interfaces (UI); the recent introduction of the Infiniium UI (an oscilloscope UI) being a case in point. It is an improvement on the Infiniium classic, with a redefined touch feature for full offline analysis, gesture support, smart font and function overview. Additionally, it offers better and faster documentation with features such as drag/drop measurements, adjustable window sizes, peak callouts, peak measurements, and time scale display.
"Keysight is highly regarded for its grasp of current market conditions, customer needs and ability to translate this knowledge into products and solutions that resolve customer challenges," noted Bommakanti. "The company's size and balanced global footprint provide it a unique competitive advantage in the instrumentation software market."
Frost & Sullivan Best Practices Awards recognize 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 to identify best practices in the industry.
About Keysight Technologies
Keysight Technologies (NYSE:KEYS) is a global electronic measurement technology and market leader helping to transform its customers' measurement experience through innovations in wireless, modular, and software solutions. Keysight's electronic measurement instruments, systems, software and services are used in the design, development, manufacture, installation, deployment and operation of electronic equipment. The business had revenues of $2.9 billion in fiscal year 2014. Information about Keysight is available at www.keysight.com.
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