PALO ALTO, Calif., March 23 /PRNewswire/ -- Global growth consulting company, Frost & Sullivan today announced that it will be hosting its inaugural 2006 Frost & Sullivan Australia Best Practices Awards next Thursday. To be held for the first time ever in Australia, the Awards seek to recognize outstanding performance and industry achievements by leaders in the Australian Information and Communications Technology (ICT) and Healthcare industry.
“The Frost & Sullivan Australia Best Practices Awards is a unique proposition, which will allow us to recognize companies in two of the world’s fastest growing industries -- ICT and Healthcare. Frost & Sullivan believes that players in both these industries in Australia have the potential to be world-class companies and compete with leaders in the global marketplace. Therefore, the Frost & Sullivan Australia Best Practices Awards is an excellent platform to showcase what companies in Australia’s ICT and Healthcare industry have to offer the world,” said Rhenu Bhuller, Managing Director, Frost & Sullivan Australia.
The Frost & Sullivan Awards, globally recognized as an equitable award, are presented to companies that demonstrate best practices in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace. In 2004, Frost & Sullivan introduced the Frost & Sullivan Asia Pacific ICT Awards to recognize outstanding companies and individuals in the Information and Communications Technology (ICT) industry across the region. This year, in addition to the Asia Pacific ICT Awards, Frost & Sullivan is taking it a step further by introducing to Australia its country specific awards.
Adds Bhuller, “We believe that a country-specific Awards such as the Frost & Sullivan Australia Best Practices Awards will be well received by local and international players due to our unique position as an impartial observer. We will be employing the same stringent measurement standards that have been the hallmark of Frost & Sullivan globally in evaluating the short listed companies. Thus, the recipient of a Frost & Sullivan Award would be the creme-de-la-creme among its peers.”
Based in Sydney, 20 highly qualified analysts and consultants from the Frost & Sullivan ICT and Healthcare practice were involved in short listing and evaluating companies for 16 award categories. The evaluation methodology followed the same thorough approach employed in Frost & Sullivan’s research and consulting projects.
The 16 award categories are: ICT (10 Awards) * Business Communications Service Provider of the year * Broadband Service Provider of the year * Conferencing & Collaboration Service Provider of the year * Contact Centre Outsourcing Provider of the year * Converged Communications Integrator of the year * Hosted Application Vendor of the year * Managed Security Service Provider of the year * Managed Telephony Service Provider of the year * Smart Card Vendor of the year * Communications Equipment Vendor of the year Healthcare (6 Awards) * Biotechnology Product Innovation of the year * Biotechnology Vendor of the year * Clinical Diagnostics Product of the year * Clinical Diagnostics Vendor of the year * Medical Devices Product of the year * Medical Devices Vendor of the year
All 16 categories are in line with Frost & Sullivan’s existing in-depth coverage of both the ICT & Healthcare industries in Australia.
The short listed companies were evaluated based on actual market performance indicators (measurements) such as: revenue growth, market share and growth in market share, leadership in product innovation, breadth of products and solutions, major customer acquisitions, business and marketing strategy.
The findings of the detailed evaluation were then presented to a panel of independent Judges comprising influential personalities and leaders in Australia, who have in themselves pushed the boundaries of innovation and corporate excellence, in deciding the recipients for each category.
The deserving recipients will be awarded their coveted titles at an Awards Ceremony to be held in Sydney next on Thursday, March 30, 2006.
About the Frost & Sullivan Australia Best Practices Awards
Frost & Sullivan Awards are presented to companies that demonstrate best practices in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace. This year, Frost & Sullivan seeks to recognize outstanding performance and excellence by companies in the Australian ICT & Healthcare industry by hosting the first ever “2006 Frost & Sullivan Australia Best Practices Awards”. For more information on the Awards, please visit http://www.frost-awards.com.au .
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company’s industry expertise integrates growth consulting, growth partnership services and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community, by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics and demographics. For more information, visit http://www.frost.com .
Media contact: Sharmin Jassal Corporate Communications Frost & Sullivan Australia P: +61.2.8247.8900 F: +61.2.9252.8066 E: sjassal@frost.com
Frost & Sullivan
CONTACT: Sharmin Jassal, Corporate Communications of Frost & SullivanAustralia, +61-2-8247-8900, or fax, +61-2-9252-8066, or sjassal@frost.com
