WAM!NET Awarded Frost & Sullivan 2003 Market Engineering Leadership Award
Press release from the issuing company
EAGAN, Minn. – March 25, 2002 – WAMNET, a global provider of content management and distribution services, announced today that it has received Frost & Sullivan’s 2003 Market Engineering Leadership Award for the Digital Delivery Market. Digital content delivery is an efficient solution to the growing collaboration needs among decentralized workgroups. Products and services in this award segment enable collaborative authorization of content, and the transport of digital assets across public or private networks from one location to another.
Frost & Sullivan, a global growth consulting firm, presents Market Engineering Awards to companies that demonstrate the diligence, perseverance, and dedication required to develop a successful business plan and excel in the increasingly competitive global marketplace. In Frost & Sullivan’s report, ”U.S. Digital Content Management Markets (A192-70),” WAM!NET was reported as displaying “excellence in all areas of the Market Engineering process, including the identification of market challenges, drivers and restraints, as well as strategy development and methods of addressing these market dynamics.” By utilizing these strategies for success, Frost & Sullivan acknowledged that WAM!NET had established itself as the leader in its industry with a 34 percent market share, sustained by significant market growth.
“WAM!NET has layered on top of their initial transport service storage capabilities, hosting capabilities and now professional services. They provide customers with a three-pronged approach of network storage and hosting surrounded by professional services,” comments Mukul Krishna, a Senior Industry Analyst for Frost & Sullivan. “They have become the market share leaders in this space. In recognition of their achievement, Frost and Sullivan is proud to present WAM!NET with the 2002 Market Engineering Leadership Award for the Digital Delivery market.”
“We appreciate that Frost & Sullivan has recognized the work WAM!NET has accomplished over the past year,” remarks Mike Williams, CEO, WAM!NET. “It bodes well for us, particularly given that Frost & Sullivan predicts significant market growth – 34.9 percent compound annual growth through 2009 – for digital delivery across the vertical markets on which we focus, such as print and publishing, corporate and creative services, and media and entertainment. Working with us, our customers have found ways to shorten cycle times within their workflows, achieve cost efficiencies, and avoid significant capital costs.”
For information about how to purchase ”U.S. Digital Content Management Markets (A192-70),” please visit www.frost.com.
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