The annual program recognizes companies that created breakthrough business models and strategies through innovative use of transformative technologies
Frost & Sullivan’s 5th Annual 2018 India Best Practices Awards Banquet, which was recently held in in Mumbai, brought together top-notch CXOs from various industries under one roof.
This year, the program honoured 45 companies that created breakthrough business models and strategies through the innovative use of transformative technologies, and delivered exceptional performances across industries such as Mobility, TechVision, Visionary Science (Chemicals, Materials & Food), Transformational Health, Measurement & Instrumentation, and Industrial Automation & Process Control.
The awards banquet was held right after Frost & Sullivan’s annual flagship event – Growth Innovation & Leadership (GIL) Summit 2018 focusing on “Leading and Winning in an Era of Unprecedented Change”.
Speaking at the award distribution ceremony, Amol Kotwal, Director, Frost & Sullivan said, “It is my pleasure to recognize and honor companies driven by visionary growth, innovation, and leadership – the essential and critical catalysts required for transformation in industries.”
“Frost & Sullivan is proud to felicitate these companies who have showcased exceptional accomplishments and demonstrated superior performance in areas of technological innovation, customer service, strategic product development and other parameters to achieve excellence and take leadership positions in their respective industries,” he added.
Besides incorporating inputs from Frost & Sullivan’s expert analysts, the awards assessment also involved a jury evaluation process conducted by a panel of thought leaders, which included some well-known names from the industry.
Frost & Sullivan’s Best Practices Awards are presented each year to recognise companies that have shown significant growth in their respective industries, identified emerging trends before they become a marketplace standard, and created advanced technologies that catalyzes and transforms industries.