labels: frost and sullivan, it news
3i Infotech bags Frost & Sullivan growth strategy leadership award news
Our Infotech Bureau
25 October 2005

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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3i Infotech bags Frost & Sullivan growth strategy leadership award