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Frost & Sullivan Company of the Year Award in Medical Grade PCs Presented to Advantech

Frost & Sullivan
2012-10-15 19:28 2163

Excellence in Growth Strategy and Implementation Underpin Company's Strong Performance

LONDON, Oct. 15, 2012 /PRNewswire/ -- Based on its recent analysis of the medical grade PCs market, Frost & Sullivan recognises Advantech Co., Ltd. with the prestigious 2012 European Company of the Year Award.

"Advantech has outshined its competitors over the last 5 years in the European market through prudent distribution channel optimisation, continuous product portfolio expansion and competitive product pricing," noted Frost & Sullivan Research Analyst Somsainathan. "The company maintains high quality standards for its products, meeting all the European standards including EN-60601, and is still able to competitively price its products, mainly due to its efficient in-house manufacturing facility (ISO-13485) in Taiwan."

Motivated by people-based technologies that put patient safety and comfort at the forefront, Advantech's revolutionary medical grade PCs enable patient-centric technologies that deliver more convenient and digitally-enhanced healthcare services. Advantech's medical grade PCs can be efficiently used in a diverse range of medical applications including data acquisition, vital signs monitoring devices, patient data management systems (PDMS) and visualisation (x-ray, endoscopy).

"They help in bringing electronic medical records (EMR), picture archiving and communication systems (PACS) and computerised physician order entry (CPOE) to the point-of-care," added Somsainathan. "They also comply with prevailing medical technology standards, such as UL60601-1 and EN60601-1, thereby ensuring safety and reliability."

Many medical institutions in Europe and around the world have benefited from Advantech's medical grade PCs. These robust and instantaneous information solutions ensure precise clinical decision-making. In essence, these solutions, as exemplified by the company's flagship POC-S197, effectively upgrade the quality of care and safety, and the overall satisfaction derived from medical treatment.

Advantech has also achieved a high degree of customer appreciation, mainly due to the implementation of a timely support platform. Its six call centers / sales offices in Europe effectively respond to client queries on varied issues ranging from the technical to shipping.

"Advantech offers several unique services to its customers, including online stores - 'Advantech eStore' and 'MyAdvantech' - that provide a one-stop solution for all devices and accessories," explained Somsainathan. "Interactive self-service options add customer value by helping clients access technical documents, 3-dimensional product models, online training modules and catalogues."

Unlike many of its competitors, Advantech has consistently recorded positive sales figures and has grown at about 20 per cent in the past year as a result of the effective implementation of its growth strategies. As yet, no other company can match it in terms of the balance of product quality and price that it has achieved.

Frost & Sullivan presents this award to the company that has demonstrated excellence in growth strategy and growth implementation. The company is lauded for its customer value leadership and superiority in market penetration. A high degree of innovation in terms of products and technologies also underlie the award receipt.

Frost & Sullivan Best Practices awards recognise 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 Advantech Co., Ltd.

Advantech, founded in 1983 and headquartered at Taiwan, is now an active participant in Europe that provides innovative embedded and automation products and solutions. Advantech offers comprehensive customer-centric design services and global service support backed by its industry-leading front and back office business solutions. Advantech develops and manufactures high-performance computing platforms for industrial and healthcare clients, and has empowered these solutions by offering trustworthy products and services that enabled its customers to adopt smart applications.

About Frost & Sullivan

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Contact:

Kristina Menzefricke
Frost & Sullivan
Best Practices Group
T: +44(0)207 9157862
E: Kristina.menzefricke@frost.com

Source: Frost & Sullivan
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