Frost & Sullivan Celebrates Growth and Innovation at Awards Banquet in Recognition of Best-in-Class Innovators

LONDON, May 25 /PRNewswire/ -- Highlighting distinguished industry innovators' unparalleled accomplishments across a wide variety of products and services, which continue to impress against a backdrop of global market volatility and continuing waves of downbeat economic news, Frost & Sullivan hosted its Growth Excellence Awards Banquet at the Emirates Stadium last Wednesday.

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As the global economy emerges from last year's downturn, these award recipients have devised strategies to stay on top of their markets and realise competitive excellence. In honouring these companies, Frost & Sullivan acknowledges best practices and leadership skills that have blazed new trails and set higher standards across a range of diverse markets.

The ceremony saw pioneers and innovators from a diverse range of markets lauded for superlative accomplishments in a broad spectrum of categories, such as Product Innovation, Market Leadership, Business Development, Customer Value Enhancement and Entrepreneurism.

The banquet marked the culmination of the second day of Frost & Sullivan's annual GIL (Growth, Innovation & Leadership) Congress, GIL 2010: Europe, which is largely focused around leveraging innovation as a resource to help shape a better future of our companies and our careers, improving planet health.

Aptly set against the backdrop of Arsenal's Stadium, Frost & Sullivan Chairman David Frigstad set the stage by comparing current economic markets to modern Olympic Games, as both are becoming more fiercely competitive, more demanding and ever-faster paced.

"Frost & Sullivan Best Practices Awards recognise 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," added Frost & Sullivan Gary Jeffery, Partner & Director, UK Operations.

Addressing the multifarious audience composed of C-level executives representing the domains of aerospace and defence, energy and environment, automotive and industrial automation, Gary Jeffery, Partner at Frost & Sullivan, notes: "It is with great pride that we are bestowing these awards on an elite group of companies that truly exemplify the spirit of innovation by demonstrating best practices in their respective fields."

"We are celebrating tonight world-class companies that have sought to innovate, differentiate, delight customers and motivate staff, while producing fabulous products and services," Mr Jeffery continued.

Representing a core part of Frost & Sullivan's proposition, these prestigious accolades are underpinned by the company's proven research methodology.

The following award recipients were honoured during the night's black-tie ceremony.

Frost & Sullivan's Best Practices Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievements 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 Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.

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SOURCE Frost & Sullivan