SINGAPORE, May 20, 2015 /PRNewswire/ -- Huawei received the Frost & Sullivan Asia Pacific Telecom OSS / BSS Vendor of the Year Award for their achievements in the industry within the Asia Pacific region at the 2014 Frost & Sullivan Asia Pacific ICT Awards held on the 25th of June at the Alkaff Mansion, Singapore.
Amidst a rapidly evolving telecom landscape, Huawei has continually strived to provide effective transformation services to their clients, ensuring that they are updated on the latest market and technology developments matched by strong operational best practices. This has made Huawei one of the leading companies within the area of OSS / BSS services.
"Huawei is highly valued by the telecom operators for its fully integrated suite of solutions. Its strength lies in its ability to leverage innovation in developing key products that help telecom operators to manage their operations efficiently, improve customer satisfaction and drive revenue. Its excellent growth strategies and strong product line has made Huawei a market leader in this space," said Sri Nur Hani Binti Azran, Research Associate for Frost & Sullivan's Asia Pacific Best Practices.
Through the introduction of new products and solution suites matched by optimal operation and technology management experiences, it has reinvented the customer experience.
"With increasing business complexities and growing need for managed solutions, the industry requires solutions that are mature, stable, flexible, and scalable, which can also support cost saving targets. Huawei has been successful in designing and developing such solutions," Hani added.
In its 11th consecutive year, the Frost & Sullivan Asia Pacific ICT Awards program seeks to recognize companies and individuals that have demonstrated best practices in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace.
Award recipients are evaluated based on their revenue growth, market share gains, leadership in new product introduction and innovation, breadth of products and solutions, major customer acquisition, and business and market strategy.
The results are then presented to an independent panel of judges, comprising of influential personalities, decision-makers and thought leaders from the ICT sector across Asia Pacific. To view the complete list of judges on the 2014 ICT Awards judging panel, please visit http://ict-awards.com/judges.shtml.
For more information, please visit http://www.ict-awards.com/
To view the enhanced Frost & Sullivan multimedia wire version of the press release, please visit http://www.best-practices.frost-multimedia-wire.com/huaweivendorotyaward/
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies.
Corporate Communications, Asia Pacific
P: +65 6890 0926
SOURCE Frost & Sullivan