Azbil Corporation has received the prestigious 2022 Southeast Asia Smart Building Solutions Company of the Year Award from growth strategy consulting and research firm Frost & Sullivan as part of their 2022 Asia-Pacific Best Practices Awards.
The Frost & Sullivan Best Practices Awards recognize leading organizations that have accomplished innovative or disruptive breakthroughs while continually demonstrating excellence. Frost & Sullivan applies a rigorous analytical process to nominate award recipients based on Frost & Sullivan’s proprietary, measurement-based methodology derived from extensive research, in-depth interviews, analysis, and industry benchmarking. Best-in-class companies in the Asia Pacific are shortlisted using their real-time performance indicators including market share, revenue growth, customer acquisition, product/service value, and technology innovation. The process involves a detailed evaluation of best practices criteria across two dimensions for each nominated company before determining the final award recipient. Azbil was commended for its outstanding performance and valuable contributions in shaping new trends across the region, particularly in fulfilling many criteria in the smart building solutions space. For two consecutive years, Azbil previously received the 2020 and 2021 Southeast Asia Building Automation Systems Customer Value Leadership Award for customer value creation.
