Vacon Receives Frost & Sullivan's European AC Drives Product Line Strategy Award
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Frost & Sullivan, one of the world's most respected growth consultancy companies, has announced global AC drives manufacturer Vacon as the recipient of the European Low Voltage (LV) Alternating Current (AC) Electric Drives Product Line Strategy Award for 2012. The accolade recognizes Vacon's achievements in effectively optimizing strategies, processes and performance.
"Vacon is one of the leading manufacturers of LV AC electric drives in Europe. The company's expertise has enabled it to produce and market a range of drives which accommodates diverse end-user applications. Vacon has consistently developed products with improved safety features, reliability, efficiency and value-added benefits. VACON® 100, VACON® 100 X and VACON® 20 X have all witnessed wide acceptance from the broad customer base in the European industry. The unmatched benefits of Vacon's product line for varied applications make Vacon the worthiest recipient of the 2012 Frost & Sullivan Product Line Strategy Award," concludes the Frost & Sullivan report on the award.
To support its evaluation of best practices across multiple business performance categories, Frost & Sullivan employed a customized Decision Support Matrix (DSM). The DSM is an analytical tool that compares companies' performance relative to each other by integrating quantitative and qualitative metrics.
"We highly appreciate receiving this award, especially because it is based on a methodology where the performances of other key players were evaluated with the same criteria," says Heikki Hiltunen, Executive Vice President, Market Operations, Vacon Plc. "Our passion and commitment is based on giving the best value and expertise to our customers. Our latest third-generation product line is an excellent case in point. These products offer unique and innovative features, increase energy efficiency and are flexible enough for a wide range of applications. Combined with our wide service offering, they provide a complete solution for the most demanding situations," Hiltunen concludes.
Further information:
Heikki Hiltunen, Executive Vice President, Market Operations, Vacon Plc, phone +358 (0)40 8371 609, heikki.hiltunen@vacon.com
Sebastian Linko, Director, Corporate Communications and Investor Relations, Vacon Plc, phone +358 (0)40 8371 634, sebastian.linko@vacon.com
Vacon in brief:
Vacon is driven by a passion to develop, manufacture and sell the best AC drives and inverters in the world - and provide customers with efficient product lifecycle services. Our AC drives offer optimum process control and energy efficiency for electric motors. Vacon inverters play a key role when energy is produced from renewable sources. Vacon has production and R&D facilities in Europe, Asia and North America, and sales offices in 27 countries. Further, Vacon has sales representatives and service partners in nearly 90 countries. In 2011, Vacon's revenues amounted to EUR 380.9 million, and the company employed globally approximately 1,500 people. The shares of Vacon Plc (VAC1V) are quoted on the main list of the Helsinki stock exchange (NASDAQ OMX Helsinki).
Driven by Drives, www.vacon.com
