Emerson honoured with Market Leadership Award

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Emerson honoured with Market Leadership Award

Frost & Sullivan has honoured Emerson Network Power with the 2010 Market Leadership Award in the Indian UPS Segment. The Award was presented to Emerson Network Power at the "India Backup Power Industry Excellence Awards" ceremony held in Gurgaon.

The Award was given to Emerson for demonstrating outstanding achievement in improving market reach, technological innovations, customer service, strategic product development, and building strategies to sustain growth amidst fierce competition.

Receiving the award, Sandeep Nair, President & Managing Director, Emerson Network Power (India) Private Limited, said, "This award reflects the level of trust placed in Emerson by our customers over many decades. It is also a testimony to the relentless efforts put in by our people to set higher benchmarks in the industry. I am happy to find that we have stood out amidst tough competition in the face of a comprehensive criterion measuring every element of marketing success."

The Indian UPS Market has ample growth opportunities, but has become highly competitive due to the presence of several Indian and multinational suppliers. The Indian UPS market, which was affected by the global economic downturn, is recovering slowly and is expected to witness moderate growth over the next 2-3 years. The market is undergoing consolidation globally, a development which the Indian market is also witnessing. Quality products, prompt after-sales service and product availability across multiple channels across the country are the key differentiating factors among the market participants.

For More Details See

www.varindia.com

Comments

Post a Comment

Popular posts from this blog

N Chandrasekaran appointed chairman of Tata Sons

Image
The board of directors of Tata Sons, at its meeting has unanimously appointed N Chandrasekaran as executive chairman, Tata Sons. N Chandrasekaran shall take charge from February 21, 2017. The board of Tata Sons said, “Chandrasekaran has demonstrated exemplary leadership as the chief executive officer and managing director, Tata Consultancy Services. We believe he will now inspire the entire Tata group to realise its potential acting as leaders in their respective businesses, always in keeping with our value system and ethics and adhering with the practices of the Tata group which have stood it in good stead.” Chandrasekaran was the chief executive officer and managing director of Tata Consultancy Services since 2009. A Tata lifer, he had joined the company in 1987 and was appointed as a director on the board of Tata Sons on October 25, 2016.
Read more

Visa buys NFT based CryptoPunk and paid $150,000 in Etherium

Image
Visa buys NFT based CryptoPunk and paid $150,000 in Etherium:  Leader in the digital payments   Visa   has purchased a digital CryptoPunk for $150,000, marking the company's first ever   NFT   purchase. The deal is clearly shows that, Visa is stepping into the world of NFTs with its purchase of   CryptoPunk 7610 .   Going forward, NFTs and Visa to align and integrate them in new brand strategy to gain a sizable market share. However, NFTs have often been compared to physical collectible items like rare trading cards and works of art.   The CryptoPunk 7610, which feBlatures a female punk with a mohawk and large green eyes. "We envision there could be a future where your crypto address becomes as important as your mailing address," Visa's Head of Crypto said.   An NFT - which stands for non-fungible token - is a unique digital asset designed to represent ownership of a virtual item. Unlike bitcoin and other cryptocurrencies, NFTs can’...
Read more

Prizm Payment Services changes its name to Hitachi Payment Services

Image
Hitachi Payment Services Pvt. Ltd has changed its corporate name from Prizm Payment Services Pvt. Ltd (“Prizm Payment Services”) to Hitachi Payment Services Pvt. Ltd (“Hitachi Payment Services”). “The new name reflects Hitachi’s commitment to business expansion in India, and to build a strong global financial payments offering leveraging the expertise of the Prizm Payment Services acquisition. Hitachi sees immediate potential to grow in the Asian subcontinent markets with the epicentre of growth being India, and migrate into other markets. Also, the name change will have no change on Prizm Payment Services’ operations,” said Loney Antony, Managing Director, Hitachi Payment Services. “Hitachi had acquired Prizm Payment Services with the aim of accelerating global development of IT services businesses targeting financial institutions, particularly in the fast-growing Asian region, and the company has been the gateway of entering into the services business in India for Hitachi. We ...
Read more