Emerson Network Power's ASCO Power Technologies division, a leading supplier of emergency and standby power transfer technology, received the 2003 Frost & Sullivan Market Leadership Award for leading the Automatic Transfer Switch (ATS) market. The technology has the company on "a path to growth," according to the analyst firm.
The award is given annually to the company that displays excellence in all areas of market leadership, including the identification of market challenges, drivers and restraints, and strategies for addressing these dynamics.
"ASCO Power Technology, LP has continually demonstrated solutions for monitoring market changes and for implementing superior marketing strategies," said Frost & Sullivan analyst Vishal Sapru. "By utilizing these strategies for success, ASCO has established itself as the market share leader in its industry."
Frost & Sullivan attributed the company's success to continuous development of new Automatic Transfer Switch solutions, offering an extensive range of products for different end-user segments and applications, as well as brand recognition and customer service.
"The company's expertise in various market segments and ability to build strong relationships with existing and potential customers puts it on a path of growth as end-users become increasingly interested in installing emergency, standby, and onsite power systems," Sapru said.
ASCO's Automatic Transfer Switch technology makes reliable power hassle-free by sensing an electrical power loss almost instantly, starting an on-site generator and restoring power within 10 seconds. The switches later sense when the utility restores power and automatically reconnects to the utility power source.
Emerson's ASCO division this month announced a new Automatic Transfer Switch configuration to meet the reliable power needs of homeowners and small businesses. Available through contractors and certified electricians, it is the same transfer technology used by hospitals, airports and government facilities.
"When the stakes are high, our customers look to Emerson Network Power and leading technologies like those from ASCO to provide clean, reliable power for their critical loads," said Emerson President James G. Berges. "This honor acknowledges our commitment to develop and deploy power solutions that meet our customers' needs."
About Emerson Network Power
Emerson Network Power is an Emerson business that provides a full spectrum of reliable power solutions, including inbound power, connectivity, power supplies, power systems and precision cooling, backed by the largest global services organization in the power industry. These Emerson companies serve the needs of telecommunications networks, data centers, health care and industrial facilities worldwide. For more information, visit www.emersonnetworkpower.com.
About Emerson
St. Louis-based Emerson (www.gotoemerson.com) is a global leader in bringing technology and engineering together to provide innovative solutions to customers in electronics and telecommunications; process control; industrial automation; heating, ventilating and air conditioning; and appliance and tools. Sales in fiscal 2002 were $13.8 billion.
About Frost & Sullivan
Founded in 1961, Frost & Sullivan, a global leader in growth consulting, presents its awards to companies that demonstrate excellence in their industry, commending the diligence and innovative business strategies required to advance in the global marketplace. Frost & Sullivan rigorously analyzes specific criteria to determine award recipients in a vast variety of market industries and landscapes. For further information, visit www.frost.com.