2013 Frost & Sullivan Competitive2013 Frost & Sullivan Competitive Strategy Leadership Award in the Asia Pacific Distribution Grid Management Market Presented to Siemens PR Newswire SINGAPORE, April 3, 2014 Siemens was presented the Competitive Strategy Leadership Award in the Asia Pacific Distribution Grid Management Market at the 2013 Frost & Sullivan Asia Pacific Best Practices Awards held on the 17th of October at the St Regis Hotel, Singapore. This Frost & Sullivan Award is presented each year to the company who has exhibited competitive strategy leadership, excelled in product innovation, and has recognized and responded to customer requirements in the market. The Asia Pacific Smart Grid market is in the growth phase of market life- cycle; key markets such as Australia, Japan and South Korea leads in Distribution Grid Management implementation while countries in the ASEAN region are growing slowly. Distribution Grid Management (DGM) identifies the key technologies installed to monitor and control the grid to reduce outages and reduce restoration time. Key technologies covered under DGM are regulated transformers, compact auto-reclosure switchgears, intelligent energy storage devices, network control systems and energy automation systems. "The award recipient has exhibited remarkable growth in the Asia Pacific Distribution Grid Management market by doubling its revenues in 2012 through its innovative product range and astute pricing strategy.
2013 Frost & Sullivan Competitive Strategy Leadership Award in the Asia Pacific Distribution Grid Management Market Presented to Siemens
PR Newswire
SINGAPORE, April 3, 2014
Siemens was presented the Competitive Strategy Leadership Award in the Asia Pacific Distribution Grid Management Market at the 2013 Frost & Sullivan Asia Pacific Best Practices Awards held on the 17th of October at the St Regis Hotel, Singapore.