SELECTION PROCESS & CRITERIA
The Frost & Sullivan Malaysia Excellence Awards are an acknowledgement of companies that excel in their business segments, and are noted for their efforts to improve the industry as a whole.
The companies are typically studied on their revenues, market share, capabilities, and overall contribution to the industry. The short listed companies are interviewed, and the analysts compare the data collected with proprietary Frost & Sullivan resources, as well as secondary research available from public sources.
The findings of the detailed evaluation will then be presented to a panel of independent judges comprising influential personalities and leaders in Malaysia, to decide the recipient for each category.
Frost & Sullivan follows a rigorous measurement based methodology to select the recipients in each category. The following measurement parameters will be used in conducting the detailed study of each nominated company based on actual market performance indicators. Some variations on specific measurements may apply to certain categories. Base year for benchmarking study is financial year 2012.
- Revenue growth
- Market share in specific category and growth in market share
- Demonstrated leadership in new product introduction and innovation
- Breadth of products and solutions
- Major customer acquisitions
- Subscribers and growth in subscriber base
- Business/market strategy