Barco receives Frost & Sullivan Award for Competitive Strategy Innovation
Kortrijk, Belgium, 2 March 2011 – Healthcare imaging specialist Barco has been granted the 2011 Competitive Strategy Innovation Award by global growth consulting company Frost & Sullivan. This award is presented each year to the company that has shown excellence in three domains, including uniqueness of strategy, market position and competitive intelligence.
“Barco continuously strives to achieve the best image quality on its displays by means of constant innovation,” commented Frost & Sullivan Research Analyst Gideon Praveen. “The company has a very broad product portfolio of displays that meets every application and budget. Furthermore, Barco offers exceptional customer service and support, which is superior to that provided by its competitors in the market.”With this award, Frost & Sullivan also honors Barco's innate understanding of the future of medical imaging display monitors. The company is working towards innovating color displays with high-quality resolution. Currently, the lion's share of the PACS display monitors in Europe is grayscale. With the rise of color medical imaging, an innovative approach to high-quality medical displays will further strengthen Barco's leading market position.
"We are proud to see our vision and market strategy endorsed by this prestigious award,” said Piet Candeel, Vice President at Barco and General Manager of Barco's Healthcare division. “It recognizes our profound commitment to deliver high-grade healthcare imaging solutions and it acknowledges our market strategy, which focuses strongly on continuous innovation, proximity to our customers and differentiation on value.”
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, please visit http://www.frost.com.
About Barco
Barco, a global technology company, designs and develops visualization products for a variety of selected professional markets. Barco has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and Asia Pacific. Barco (NYSE Euronext Brussels: BAR) is active in more than 90 countries with about 3,500 employees worldwide. Barco posted sales of 897 million euro in 2010.
© Copyright 2011 by Barco
