ABB recently earned the Frost & Sullivan “Growth Excellence in Market and Product Leadership of the Year Award, for 2006 Low Voltage Drives.” Technological innovation, customer service and strategic product development were contingencies Frost & Sullivan included in its evaluation.
“In the drives space, this Award goes to the company that demonstrates excellence in the fields of technology and evident customer confidence, in terms of loyalty and service,” said Frost & Sullivan research analyst Shibu S L.
Frost & Sullivan reviews the more than 100 companies around the world offering drives, when determining the Award. (At right: Rick Hepperla, general manager for ABB Low Voltage Drives, U.S. (left), represents ABB Drives globally, to receive plaque award from David Frigstad, CEO, Frost & Sullivan.)
When presenting the Award, Shibu S L noted, “This is in recognition of ABB LV Drives for its superior expertise in creating profit-impacting solutions across all end-user verticals, which enables the company to establish itself as a global leader–with unsurpassable global market reach and presence.” ABB has shown unmatched ability to pioneer technological innovation and leadership in penetrating newer markets, Shibu said, and “displayed a superlative ability to translate its consistent quality and technology focus into a customer-winning value proposition, via providing better life cycle value for all its products globally.”
Accepting the Award on behalf of ABB was Richard Hepperla, senior vice president and general manager of ABB Low Voltage Drives, North America. “ABB is particularly pleased with the Award because it is based on Frost and Sullivan’s original research,” he said. “That research confirms that customers value ABB’s focus on quality, technology, and support.”
This kind of unsolicited Award, from a third party that knows the global landscape intimately, is highly motivating to management and employees, observed Roelof Timmer, marketing director for ABB Low Voltage Drives globally. “It gives us confidence that we are on the right track — and reconfirms our commitment to serve our customers throughout markets around the world now, and in the years to come.”
Most Complete Drives Line for Marketplace Includes New DC Technology
ABB is also distinguished in its commitment to serve customers with the most complete line of drives in the marketplace, including AC and DC drives.
Frost & Sullivan noted this distinction in its Award, as well. There are 30 to 40 niche DC drives companies that “are forced to invest a major amount of their revenues into research and development or to partner with larger companies to stay in business,” Shibu said. ABB, by contrast, always has offered the market a full breadth of DC drives and continues to pioneer research that brings new technology and products to this portion of the market.