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SOURCE Frost & Sullivan
~ Leading Korean companies honored for outstanding achievements across various industries at 2014 Frost & Sullivan Korea Excellence Awards
SEOUL, South Korea, June 13, 2014 /PRNewswire/ -- Frost & Sullivan recognized Korea's best at the 2014 Frost & Sullivan Korea Excellence Awards banquet on 12 June 2014 at the 63 Convention Centre.
In its 3rd consecutive year, the Korea Excellence Awards aim to recognize companies that have demonstrated outstanding achievement and superior performance in various industries from the Automotive, Energy, and Healthcare categories to the Aerospace & Defense and Information Communication Technology sectors.
Award recipients for the 2014 Frost & Sullivan Korea Excellence Awards were identified based on an in-depth research conducted by Frost & Sullivan's analysts. The award categories offered each year are carefully reviewed and evaluated to reflect the current market landscape and include new emerging trends.
The Unified Communications Vendor of the Year award is conferred to the technology vendor that has shown exemplary growth and performance in 2013 in South Korea. The recipient of this award was evaluated based on their revenue & revenue growth in emerging UC applications market, revenue & revenue growth in total UC applications market, end-to-end product coverage and vendors represented, and UC strategy including current and future plans to address UC opportunity, team strength and current capability and solution deployed.
While the unified communications (UC) market in South Korea grew by 3.0%, Ericsson-LG Enterprise secured its strong position in the segment by expanding to 6.0%. To meet the increasing demand for UC solutions, this pioneer in business communications solutions has launched various UC products to enhance user interface and experience to create a better environment for the smart office, mobile worker.
"Ericsson-LG Enterprise, one of the leading Unified communications vendors, had a record growth from its emerging UC applications in 2013. Its 'Your communications Solution' campaign was a tremendous success, allowing Ericsson-LG to capture significant mindshare in the marketplace. They launched several new products as iPECS eMG80, UCP and UCS that helped them stay ahead of market, thereby, positioning themselves as a technology leader. Its strong expertise and excellent branding in business communication enabled them to enter into newer verticals such as education and finance. As such, Frost & Sullivan is glad to recognize Ericsson-LG as the 2014 Unified Communications Vendor of the Year," said Jungmin An, Industry Analyst for Frost & Sullivan.
For more details on the 2014 Korea Excellence Awards log-on to http://www.frost-apac.com/koreaawards
Media partners for the Korea Excellence Awards include Asia Research News, The Electronic Times, and Medical Observer.
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. 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? Contact us: Start the discussion
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