F&S awards enterprises for digital transformation

NEW DELHI, INDIA: This year, 29 companies bagged awards at the  Frost & Sullivan 13th edition of its ICT India Awards in New Delhi on June 18, 2015. The companies were recognized for driving the digital transformation and the awards were given away across four award categories – Enterprise Infrastructure, Emerging Software Products and IT Services, Enterprise Telecom Services, and Mobile and Wireless.

Innovation emerged as a key differentiating factor in terms of evolution of the product portfolio, especially in the telecom sector. The stabilization of the Government at the Center and increased focus on digitalization earned the confidence among investors. Hence, enterprises are increasingly investing in or are looking at technology upgrades and futuristic technology adoption more than ever, with BFSI and media segments leading the investment in this space.

“Despite a challenging year, companies have shown technological innovations and high growth backed by constant innovation and product differentiation. For enterprises to grow further, innovation will play a major role, which will enable them to differentiate themselves from their competition,” said Benoy CS, Director, ICT Practice, Frost & Sullivan.

The awards selection involved a measurement-based approach with measurement parameters applied to conduct a detailed study of each of the award contenders. The award recipients were judged on the basis of several parameters such as revenue, market share, product introduction, innovation, diversity of products and solutions, customer acquisitions, product service value, and positioning, etc. To incorporate the end-user perspective, the data was then presented to an elite panel of jury comprising some of the most prominent CIOs/CTOs from the industry.

“The award winners demonstrated superior performances in areas such as leadership, technological innovation, and strategic product development which enabled them to drive business growth in their respective market segments,” added Benoy CS.

The 2015 Frost & Sullivan India ICT Award Recipients are: