Best In South East Asia's Industrial Technologies Sector To Be Recognised

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13th March 2009, 11:14pm - Views: 678





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Best in South East Asia's Industrial Technologies Sector to Be Recognised


KUALA LUMPUR, Mar. 13 /PRNewswire-AsiaNet/ --


    Frost & Sullivan, for second consecutive year, will bring the South East

Asia Industrial Technologies fraternity together at the 2009 Frost & Sullivan

South East Asia Industrial Technologies Awards. The banquet will be held on

April 2, 2009 at the Shangri-la, Kuala Lumpur and host 150 senior

participants from the region's industrial technologies sector.


    (Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)


    YB Datuk Dr. Maximus Johnity Ongkili, Minister of Science, Technology,

and Innovation (MOSTI) will grace the banquet with his keynote address.


    Honoring the best practices in highly niche and performance driven

industries - Measurement & Instrumentation, Energy & Power Systems,

Industrial Automation & Process Control, Environmental & Building

Technologies and Electronics & Security - the awards will not only benchmark

organizations but will also bring to light the highly competitive nature of

these industries even in a hard pressed time such as this. Thirty-five

exclusive award titles in five categories will be conferred onto recipients

who have performed above the industry's average in 2008.


    Sanjay Singh, Vice President, Industrial Technologies at Frost & Sullivan

says, "Frost & Sullivan believes that for many industries and business

sectors the current downturn could literally transform the business landscape

over the next 2-3 years. We are increasingly witnessing companies that are

seeking ways to grow their business through greater degree of productivity

and innovation in preparation to capitalize the expected upturn."


    Sanjay, adds that Frost & Sullivan has taken these considerations into

cognizance and has looked at infrastructure sectors - Energy; Water &

Wastewater and Construction - as well as efficiency improvement through use

of automation & electronics and development of emerging technologies in the

selection process.


    The Industrial Technologies Awards are based on the extensive market

engineering tools evolved by Frost & Sullivan over the years. 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.


    The Awards seek to identify and credit the best practices in the industry

segments and are synonymous with Frost & Sullivan's in-depth analysis and

coverage of these industries. In keeping with the company's commitment of

excellence and innovation, the awards presented are carefully reviewed and

evaluated to reflect the current market landscape inclusive of the emerging

technology trends.


    "We believe that in these difficult times it is all the more important to

recognize the companies in these sectors that are demonstrating exemplary

performance in the specific industry verticals and different areas of the

business. We believe that such recognition in the form of the Best Practice

Awards is a testimony to organizations that identify and capitalize on

opportunities in the current turbulent times." adds Sanjay to further spur

the award recipients.

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    In addition, the awards banquet will also recognise Malaysia's best in

manufacturing in a conjoined ceremony - the Malaysia Manufacturing Excellence

Awards. Aimed to applaud Malaysia's manufacturing capability and assess its

global competitiveness, seven distinguished manufacturing giants will be

honored alongside the Industrial Technologies award recipients.


    The manufacturing excellence program, instituted in 2008, is designed to

recognize and showcase the renowned engineering and manufacturing capability

while allowing companies to grade and benchmark themselves against the best

in the manufacturing arena. In its inaugural year, the Frost & Sullivan

Malaysia Manufacturing Excellence Awards will honor companies across four

industry sectors; namely process, automotive, engineering and healthcare for

excellence in their manufacturing capabilities.


    "Frost & Sullivan strongly believes that manufacturing will be an

integral part of Asian economies. We also foresee that this will be one

sector that will hold immense competition within. Via this uniquely

structured manufacturing excellence program, Frost & Sullivan reinstates it's

commitment to help manufacturing establishments in Malaysia, gauge the market

level and benchmark themselves against the local and global manufacturing

environment. The programme paves way for companies to compare their

manufacturing capabilities and competitiveness with their peers locally and

globally for creating better strategic growth opportunities." says Jay

Chandran, Principal Consultant, Frost & Sullivan.


    Elaborating on the future plans for this programme, Jay points out that

the launch of the Malaysia Manufacturing Excellence Awards 2009 will hold

great significance as the programme has been launched under the aegis of Asia

Manufacturing Excellence Awards. This larger wing encompasses five countries

-- China, India, Malaysia, Thailand and Indonesia -- which will spread further

into the individual Asian markets to showcase their individual manufacturing

capability.


    Media partners for the banquet include Asia Channels, Asian eMarketing,

Business Today, Control Engineering Asia, Electronics Manufacturing Asia,

Electronics Manufacturing China, Fairfax Business Media, Home Finder,

Industrial Automation Annual Directory and Industrial Automation News. IA

Community is the supporting association for the awards.


    For more details on 2009 Frost & Sullivan South East Asia Industrial

Technologies Awards, visit - www.frost.com/seaita2009


    For more information on 2009 Frost & Sullivan Malaysia Manufacturing

Excellence Awards, visit - www.frost.com/mmea


    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 over 45 years of experience in

partnering with Global 1000 companies, emerging businesses and the investment

community from 31 offices on six continents. To join our Growth Partnership,

please visit http://www.frost.com.


    MEDIA CONTACTS:


    Surbhi Dedhia                         Neethiya Sadagopal

    Corporate Communications              Corporate Communications

    P: +65.6890.0926                      P: +65.6890.0966

    E: surbhi.dedhia@frost.com            E: neethiya.sadagopal@frost.com


    SOURCE  Frost & Sullivan


    CONTACT: Surbhi Dedhia, +65.6890.0926, surbhi.dedhia@frost.com, or

Neethiya Sadagopal, +65.6890.0966, neethiya.sadagopal@frost.com, both of

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Frost & Sullivan Corporate Communications




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