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Frost & Sullivan Honors EXFO for Providing Powerful Product Portfolios in the Gigabit Ethernet Test Equipment SpaceA Market-Driven Rather Than Technology-Driven Strategy Has Helped EXFO Record a 22.3 Percent Growth Rate in 2010 (January 19, 2012)
MOUNTAIN VIEW, CA -- (Marketwire) -- 01/19/12 -- Based on its recent analysis of the Gigabit Ethernet test equipment market, Frost & Sullivan recognizes EXFO, Inc. with the 2011 Global Frost & Sullivan Award for Growth Excellence. EXFO stands out from the competition for its superior commitment to customer value by developing custom-designed test products and solutions that are at the forefront of market requirements.
EXFO's commitment to enhance its product lines have resulted in a highly reliable and efficient product portfolio. Its' extensive and all-inclusive portfolio is designed to maximize customer value by addressing every aspect of testing and monitoring of the entire network lifecycle.
"Apart from offering advanced solutions that help optimize network performance, EXFO's game-changing solutions also significantly reduce the operational expenditure (OPEX) of its customers by resolving their challenges," said Frost & Sullivan Research Analyst, Prathima Bommakanti. "The company's strong focus on product quality and ease-of-use ensures maximum performance without compromising on accuracy."
Its cloud-based test management solution, EXFO Connect, is a perfect example of the company's commitment to bring to market innovative solutions that tackle the major operational components of network testing by providing fully automated management of all EXFO test equipment. Putting the data at the service provider's fingertips, EXFO Connect brings a centralized access to all data. It can essentially take the data from a static test report and make this data dynamic for complete report customization.
"In spite of having a commendable line of products, the company still strives to constantly enhance its portfolio to exceed the industry's expectations," said Bommakanti. "In 2010 and 2011, the company introduced key products and solutions such as the FTB-1 Platform, The FTB-860 NetBlazer series Ethernet Testers, the BV-10 Performance Endpoint Unit, and the SyncWatch-110 Synchronization Testing Unit (SyncWatch-110)."
It also promotes the ITU-T Y.1564 standard. Identifying a strong need for a new and comprehensive standard that is adapted to today's requirements, which would support the deployment of multiclass Ethernet services, EXFO played a pivotal role in developing the concept and driving the adoption of the ITU-T Y.1564 standard. It is also the first company to introduce the standard in its EtherSAM test suite.
Each year, Frost & Sullivan presents this award to the company that demonstrates excellence in capturing a commendable growth rate for three consecutive years.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
About EXFO Inc.
Listed on the NASDAQ and TSX stock exchanges, EXFO is among the leading providers of next-generation test and service assurance solutions for wireline and wireless network operators and equipment manufacturers in the global telecommunications industry. The company offers innovative solutions for the development, installation, management and maintenance of converged, IP fixed and mobile networks--from the core to the edge. Key technologies supported include VDSL2, ADSL2+, 3G, 4G/LTE, IMS, Ethernet, OTN, FTTx, and various optical technologies (accounting for an estimated 35% of the portable fiber-optic test market). EXFO has a staff of approximately 1800 people in 25 countries, supporting more than 2000 telecom customers worldwide. For more information, visit www.EXFO.com.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
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