Mumbai:
3i
Infotech, formerly ICICI Infotech Limited has won the
Growth Strategy Leadership Award for India ERP Software
for SMB at the Frost & Sullivan technology awards
2005. This award comes close on the heels of the prestigious
'service provider of the year' award which 3i Infotech
recently won at the Asia Insurance Industry Awards 2005.
The
key criteria employed by Frost & Sullivan in the benchmarking
study and judging process were based on actual market
performance indicators for calendar year 2004. These include
revenue growth, market share and growth in market share,
leadership in product innovation, breadth of products
and solutions, major customer acquisitions, and business
and market strategy.
According
to Aditya Sapru, managing director, India, Frost &
Sullivan, "3i Infotech has displayed innovation,
insight and perseverance to develop and execute a successful
business plan for growth of its software products in an
increasingly competitive marketplace, yielding them a
year-on-year growth of 131 per cent in India, making them
one of the top five Indian software product companies.
As a result, within three years of entering the software
products space, 3i Infotech is, today, the fastest growing
Indian software product company."
Manoj
Kunkalienkar, executive director, 3i Infotech Ltd. said,
"We thank Frost & Sullivan for honouring us with
this award, which recognises
the agility with which we have empowered our customers
with our software solutions. This, as well as the 'Service
Provider of the Year' award from Asia Insurance Industry
Awards 2005, clearly reinforces our capabilities as a
preferred provider of innovative IT solutions globally."
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