Chloride, one of the leading global suppliers of Uninterruptible Power Supply (UPS) systems and services, today announced that it has been awarded the 2009 European UPS Market Company of the Year Award by independent analyst firm Frost & Sullivan. Each year, Frost & Sullivan presents this award to a company that has demonstrated great growth strategies and implementation. The award lauds the recipient’s innovation in business processes, products and/or technologies to garner leadership in customer value and market penetration.
“Chloride increased its sales by 15% in Eastern Europe in 2009 as compared to 2008 and its order book grew by around 16% during the same period, in spite of the economic downturn that began in the last quarter of 2008,” explained Malavika Tohani, Research Manager, Energy & Power Systems, Frost & Sullivan. “The company's success and consistent performance can be attributed to its innovative strategies of geographic diversification, high level of customer service, focus on upcoming applications and constant product innovation.”
For the 2009 European UPS Market Company of the Year, Chloride was assessed on a number of criteria, including Growth Strategy and Implementation, Degree of Innovation in Business Processes, Products and/or Technologies, and Leadership in Customer Value and Market Penetration. According to Frost & Sullivan, Chloride excelled at all of these and provided the best return on investment (ROI) for the supply and maintenance of its customers’ secure power systems.
“The Company of the Year Award is a prestigious recognition of Chloride’s accomplishments in the UPS market in Europe,” said Franco Costa, Strategic Planning Director, Chloride. “We are constantly refreshing and enhancing our product portfolio and continue to deliver high levels of service covering, not just for UPS systems but also other equipment such as gensets and flywheels. This award and the increasing growth of Chloride are clear testimonials to our leadership and achievement.”
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