SANTA CLARA, Calif., April 25, 2012
Agilent Technologies Inc. (NYSE: A) has received the 2011 Global Frost & Sullivan Award for Company of the Year for its performance in the oscilloscope market.
The award is based on Frost & Sullivan's recent analysis of the oscilloscope market. Frost & Sullivan ranked Agilent as the No. 2 company in 2009, but its rapid revenue growth since then has made it the leader in market penetration.
"The introduction of highly innovative products, the breadth of its portfolio that enables the provision of application-specific solutions, and the move toward indirect distribution channels for its mainstream oscilloscopes are some of the key reasons for Agilent's success," said Frost & Sullivan Industry Director Jessy Cavazos.
In making the award, Frost & Sullivan noted Agilent's concerted efforts to become a market leader, evidenced by its introduction of products in all segments of the oscilloscope market. It also noted Agilent's involvement in various technology standards groups. Agilent's involvement in these standards groups enables the company to bring the right solutions to market when customers need them.
During 2011, Agilent introduced the Infiniium 90000 X-Series for the high-end segment of the market and the InfiniiVision 2000 and 3000 X-Series for the mainstream segment. Agilent also provides unique application-specific solutions across multiple hardware and software systems, which has helped the company make major strides in both of those segments.
According to Frost &Sullivan, Agilent's adoption of indirect distribution channels for its mainstream oscilloscope line and the company's high-performance application-specific integrated circuits contributed to its growing market share in high-end and mainstream oscilloscopes.
Agilent invested in integrated circuits made with indium phosphide, using a proprietary process, and was able to increase transistor speeds to greater than 200 GHz. That enabled the company to give its oscilloscopes high-frequency capability (up to 33 GHz), while maintaining the industry's lowest noise floor and jitter measurement floor. By integrating features such as oscilloscope data acquisition, display and analysis processing into a single CMOS circuit, Agilent also significantly reduced the cost of its InfiniiVision 2000 and 3000 X-Series oscilloscopes.
About Best Practice Awards
Frost & Sullivan's Best Practices Awards recognize 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 in order to identify best practices in the industry. More information is available at www.awards.frost.com.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, visit www.frost.com.
About Agilent Technologies
Agilent Technologies Inc. (NYSE: A) is the world's premier measurement company and a technology leader in chemical analysis, life sciences, electronics and communications. The company's 18,700 employees serve customers in more than 100 countries. Agilent had net revenues of $6.6 billion in fiscal 2011. Information about Agilent is available at www.agilent.com.
# # #
Janet Smith, Americas
Sarah Calnan, Europe
Iris Ng, Asia