Frost & Sullivan to Present Siemens Infrastructure and Cities Sector with the Unique 2012 Global Frost & Sullivan Company of the Year Award for Leveraging on "City as a Customer"

Informations

• Publié par: frost-sullivan
• Nombre de lectures: 13
• Langue: English

Extrait

Frost & Sullivan to Present Siemens

Infrastructure and Cities Sector with the Unique

2012 Global Frost & Sullivan Company of the

Year Award for Leveraging on "City as a

Customer"

PR Newswire

LONDON, Sept. 20, 2012

- Siemens is among the first to take cognizance of the tremendous

opportunities cities offer as customers

LONDON

,

Sept. 20, 2012

/PRNewswire/ -- Frost & Sullivan is proud to present

the 2012 Global Award for Company of the Year in the "City as a Customer"

market to Siemens Infrastructure and Cities Sector. This prestigious award

recognizes a company's best practices in identifying global Mega Trends and

their implications, and subsequently pioneering products and services to take a

competitive lead in servicing this new client base and its unmet needs.

The Visionary Innovation Research group of Frost & Sullivan conducts cutting-

edge visionary research by tracking the most important global Mega Trends,

potential scenarios of specific trends in 2020 and beyond, and the macro to

micro implications of these trends.

The Visionary Innovation Research teams have conducted extensive work on

urbanization, smart as well as sustainable cities, and have identified "City as a

Customer" as a New Mega Trend that will force companies to re-organize their

organization structure and strategy and create new white space market

opportunities. This award category is to recognize best practices of those

companies who have rightly identified "this trend and its implications and have

accordingly pioneered products and services to take a competitive lead in

servicing their existing and new client base with their unmet needs."

Cities in the future would have transformed from being a mere hub of

economic activity and growth to being full-fledged customers, demanding

highly customized, unique and innovative city concepts and infrastructure

solutions. With 60 percent of population in urban areas, 35 Mega Cities, 21

Mega Regions, and 21 Mega Corridors by 2025 globally, Frost & Sullivan expects

companies to be in a serious scramble to capitalize on the opportunities offered

by burgeoning populace and global city infrastructure spending.

Visionary companies will try to meet that demand either by revamping their

divisions or by partnering with companies that boast of "city infrastructure"

capabilities. Frost & Sullivan's recent research shows that Siemens is one

company that is setting a precedent to win the urban race for city

opportunities.

The company has adopted a simple yet effective strategy. Already an

integrated technology company with business areas (known as Sectors) in

industry, energy and healthcare, Siemens AG has unveiled a strategic move to

create a fourth Sector called Infrastructure and Cities (IC) to exploit the future

city infrastructure spending and compete with its rivals that sell city

infrastructure solutions in the urban sector.