Awarepoint Corporation Receives Frost & Sullivan's 2011 North American RFID and RTLS Healthcare Competitive Strategy Leadership Award
Award recognizes Awarepoint's best-in-class RTLS and workflow automation solutions, market leadership and innovation
Industry pioneer on fast track to help hospitals increase top line revenue and patient satisfaction
SAN DIEGO, Sept. 29, 2011 /PRNewswire/ -- Awarepoint Corporation, the leading provider of real-time location system (RTLS) solutions for healthcare, announced today that it received Frost & Sullivan's Radio Frequency Identification (RFID) and RTLS Healthcare Competitive Strategy Leadership Award. The award recognizes Awarepoint's strategy of pioneering and providing complete RTLS and workflow automation solutions that significantly differentiates Awarepoint from their competitors.
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"Frost & Sullivan firmly believes that Awarepoint is a pioneer in developing RTLS and comprehensive workflow automation solutions that are technically advanced and maintain a competitive edge over their competitors," said Neelima Sagar, senior research analyst of Frost & Sullivan. "Since Awarepoint's acquisition of PCTS, the combined offerings of the ZigBee® technology platform and best-in-class software platform provide the first all-inclusive software and services package to meet emerging industry demands. Awarepoint is now clearly positioned as the driving force in the industry and is well deserving of this prestigious award."
Awarepoint's aware360Suite of RTLS-enabled solutions help hospital clients reduce hard operating costs, boost top-line revenue, and increase compliance management and patient satisfaction. Clients have deployed Awarepoint's patented technology and software platforms in the areas of asset management and tracking, rental reduction, temperature monitoring, hand hygiene, emergency and perioperative departmental workflow and throughput, and enterprise patient tracking and workflow automation. Awarepoint provides RTLS applications to 153 facilities nationwide, tracking more than 2 million patients and 240,964 managed assets annually.
In receiving the Frost & Sullivan 2011 North American RFID and RTLS Healthcare Competitive Strategy Leadership Award, Awarepoint underwent a rigorous analysis and evaluation by Frost & Sullivan, which benchmarked companies' performance in leveraging competitive intelligence, execution of competitive strategy, effect of strategy on market share, brand strength and market position, as well as impact on customer satisfaction and measurement of the company's performance against specific criteria.
"This award validates our strategy to deliver a comprehensive and integrated enterprise-wide end-to-end aware360Platform solution enabling hospitals and health systems to overcome the unrelenting pressure to improve care quality, outcomes, safety, and cost effectiveness," said Jaime Ojeda, executive vice president of marketing and business development of Awarepoint. "More importantly our throughput software increases top line revenue and patient satisfaction for hospitals, which is critical in today's environment."
About Awarepoint
Awarepoint is the world's leading supplier of real-time location systems (RTLS) that hospitals use to track, monitor, and optimize the utilization and workflow of personnel, patients, and equipment. These proven solutions, on an integrated software and technical platform, with 153 hospital client sites, tracking over 2 million patients each year and over 240,964 asset tags under management, enable clinicians and administrators to improve asset management, operational efficiency, compliance, and patient throughput more easily and cost effectively. For more information, visit www.awarepoint.com.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
SOURCE Awarepoint Corporation
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