Riello UPS named Company of the Year at Frost & Sullivan Awards
Riello UPS has been named UPS Company of the Year at the recent Frost & Sullivan Best Practice Awards.After extensive analysis of the uninterruptible power supply (UPS) market, the judges at Frost & Sullivan were impressed with Riello UPS’ product portfolio as well as its growth through both organic development and strategic acquisitions.
The Company of the Year award is presented to a company that has excelled in growth strategy and implementation and in achieving a high degree of innovation with products and technologies. The company is also commended for its leadership in customer value and market penetration.
Riello UPS has steadily ranked among the top five players in the European UPS market over the last decade. Its revenues have risen by 85 per cent in 2011 compared to 2005, while its market share has grown from around nine per cent to 11 per cent in 2011.
In 2011, Riello UPS acquired Marm UPS, an Australian UPS company, forming part of its strategy to maintain a direct presence worldwide.
Robin Koffler, general manager of Riello UPS, attended the event and accepted the award for Riello. He said, ‘Riello is working its way to achieving its objective of extensive global presence. In areas where a direct presence is difficult, Riello employs a highly trained and efficient sales network and creates strong partnerships with distributors to achieve faster sales. Receiving this award from Frost & Sullivan is a great honour and a testament to Riello’s position as a total service provider, offering a complete range of UPS solutions synonymous with reliability and resilience.’
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.