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Frost & Sullivan Best Practices Awards 2011: EUROPEAN COGENERATION MARKET NEW PRODUCT INNOVATION AWARD

Frost & Sullivan is in its 50th year in business with a global research organization of 1,800 analysts and consultants who monitor more than 300 industries and 250,000 companies. The company’s research philosophy originates with the CEO’s 360 Degree Perspective™, which serves as the foundation of its TEAM Research™ methodology. This unique approach enables us to determine how best-in-class companies worldwide manage growth, innovation and leadership. Based on the findings of this Best Practices research, Frost & Sullivan has presented the 2011 European New Product Innovation Award in Cogeneration Market to Turbomach.

For the New Product Innovation Award, the following criteria were used to benchmark Turbomach’s performance against key competitors:

  • Innovative Element of the Product
  • Leverage Leading Edge Technologies in Product
  • Value Added Features/Benefits
  • Increased Customer ROI (small change)
  • Customer Acquisition/Penetration Potential