Frost & Sullivan Award ceremony - Group Photo
Ravi N, giving an acceptance speech on behalf of ABB
ABB, the leading power and automation technology group, has received the Frost & Sullivan's "Asia Pacific Electrical Solutions Company of the Year in the Marine & Offshore Market" award at the 2013 Frost & Sullivan Asia Pacific Best Practices Awards ceremony, held on the 17th of October at the St. Regis Hotel, Singapore.
The award is a recognition of the tremendous contribution to the Marine and Offshore sector by Process Automation Division and the Marine and Industry Solutions Business units in the Asia pacific region.
Selection Process / Criteria
Frost & Sullivan conducted an extensive research and evaluated select Automation and Electrification companies in terms of :
a) Growth Strategy Excellence
b) Growth Implementation Excellence
c) Degree of Innovation with Products and Technologies
d) Leadership in Customer Value
Ravi N, Region Division Manager, Process Automation Division, South Asia receiving the award
The selection process also included an extensive interview with the South Asia Region Division Manager (a quote from the transcript is given below). Finally a review by a panel of independent judges placed ABB at the top, for ABB's forward looking strategies to sustain leadership position , application driven electrical solutions and the paramount trust that customers have in ABB Solutions.
Quote from transcript (Ravi 's interview with Frost & Sullivan)
Ravi N - "ABB is one of the very few companies in the market that provides best-in-class technologies and electrical solutions understanding the criticality of an application. When designing products and advising solutions, the company takes into consideration not only the customers’ requirements but the products’ application to maximize customers’ return on investment. As a result, end users appreciate ABB’s technology and solution offered. The company’s products are reputed in the market for improving energy efficiency, reducing fuel costs, and ensuring safety. Besides, almost 75% of our products are not more than 5 years old. The company invests in adding features to the existing products based on evolving market needs".
(L to R - Paul Singh, Ravi N, AlfKare Adnanes)
PA Team in Singapore represented by Ravi N (Region Division Manager, Process Automation Division South Asia, Paul Singh (Vice President and Local Business Unit Manager Industry Solutions) and Alf Kare Adnanes (LBU Manager Marine & Cranes) with award
“ABB has established its market leadership position in the Asia Pacific marine and offshore electrical solutions market within a very short span of time since its market entry in 2008. The brand has become synonymous with top-notch quality, reliability, and efficient service amongst their customers, who include leading oil and gas and shipbuilding companies. With no room for complacency, ABB strives to better its own performance and enhance customer value every year to build an enviable market position,”
Celebration and Recognition of all the efforts put in by colleagues of Marine and Industry Solutions business units and Process Automation Division
“Receiving this award represents a significant milestone in our efforts to provide best-in-class technologies for this market and we are very happy to be recognized by our customers and the industry. We believe our in-depth process knowledge combined with our customer-centric approach and experienced team will continue to support our customers’ needs effectively,” said Ravi N, region division manager for the Process Automation division, South Asia.