- The company has gained industry acclaim for its high-quality products, services and tireless efforts to surpass customer expectations
MOUNTAIN VIEW, California, Sept. 12, 2012 /PRNewswire/ -- Based on its recent analysis of the small and medium semiconductor market, Frost & Sullivan recognizes Cavium, Inc. (NASDAQ: CAVM), with the 2012 North American Frost & Sullivan Award for Entrepreneurial Company of the Year. The company's ability to provide value through innovation and a differentiated product portfolio has enabled it to grow significantly in the semiconductor market.
Intense competition and rising cost pressures have seen semiconductor manufacturers struggle to break even and profit quickly in the recent past. A company's ability to provide diverse solutions, ramp up time-to-market, create branding, enhance strategic partnerships, and explore potential acquisitions is key to success.
In the midst of intensifying competition, Cavium has managed to stay ahead through focused innovation and services. Cavium's products are responsive and effective to meet customers' ever-changing requirements.
"Cavium is a pioneer amongst its peers and has excelled since its first product launch through sharp business acumen and a clear understanding of customer requirements," said Frost & Sullivan Research Analyst Lavanya Rammohan. "Its products are well-planned, scalable and customizable to suit individual customers' requirements."
The company's impressive product portfolio, which includes integrated and scalable processors and in-house software solutions, has helped it penetrate tier 1 customers in consumer electronics, broadband, enterprise networks, data centers, storage, video conferencing, access and service providers, and netHD markets. Providing a high level of security, Cavium's intelligent multi-core processors do not sacrifice speed or performance while remaining application and content-aware. Customers also benefit from Cavium's software capability; scalable software offers faster integration speeds that facilitate speedier time-to-market.
Fostering strong sales and distribution channel partners has also been a vital impetus for Cavium's growth. With more than 100 strategic alliances, the company has enabled customers to create a strong product road map for success. Its enviable customer base includes Alcatel-Lucent, Brocade, Cisco, Citrix, Dell, F5 Networks, Huawei, IBM, Juniper, Netgear, Nokia Siemens, Palo Alto Networks and Samsung.
A major contributor to Cavium's bid for success is the ability to transcend product innovations into customer satisfaction. By employing standardized platforms, customers are able to integrate Cavium's processors seamlessly within their design. This saves customers from incurring an additional cost of integration. Further, Cavium's breadth of product portfolio and scalability has enabled it to meet increasing complexity and performance (power, functionality, speed) criteria quickly.
"By nurturing customer relationships with industry thought leaders and other partners, Cavium is able to anticipate future needs and incorporate them into current designs," concluded Lavanya. "Cavium has displayed a keen understanding of market dynamics, and its willingness to adapt and respond to any situation distinguishes the company from competitors."
In recognition of these factors, Frost & Sullivan is pleased to present Cavium with the 2012 Entrepreneurial Company of the Year Award in the small and medium-sized semiconductor market. Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in terms of growth strategy and implementation. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.
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 in order to identify best practices in the industry.
About Cavium Inc.
Cavium is a leading provider of highly integrated semiconductor products that enable intelligent processing in networking, communications and the digital home. Cavium offers a broad portfolio of integrated, software compatible processors ranging in performance from 10 Mbps to over 100 Gbps that enable secure, intelligent functionality in enterprise, data-center, broadband/consumer and access & service provider equipment. Cavium's processors are supported by ecosystem partners that provide operating systems, tool support, reference designs and other services. Cavium's principal offices are in San Jose, California with design team locations in California, Massachusetts, India and China. For more information, please visit: http://www.cavium.com.
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SOURCE Frost & Sullivan