Frost & Sullivan Honours EthosEnergy for Topping the Power Plant Services Market Leaderboard through Unrivalled Value-added Services

EthosEnergy boasts the best capabilities and market reach, as well as an impressive global footprint in the power plant services market

May 19, 2015, 04:00 ET from Frost & Sullivan

LONDON, May 19, 2015 /PRNewswire/ -- Frost & Sullivan has recognised EthosEnergy with the 2015 Global Frost & Sullivan Entrepreneurial Company of the Year Award.

Each year, Frost & Sullivan presents this award to the company that demonstrates superior entrepreneurial ability.  This award signifies the company's identification of a unique and revolutionary product solution with considerable market potential.

Frost & Sullivan CEO David Frigstad said; "To achieve excellence in entrepreneurial innovation is never an easy task, but it is one made even more difficult due to today's competitive intensity, customer volatility, and economic uncertainty. Within this context, receipt of this award signifies an even greater accomplishment".

Unique to EthosEnergy is its broad capability and proven experience across the total asset life cycle – from EPC-plant design, operations & maintenance, major maintenance, life extension to asset re-purposing.

What has set EthosEnergy apart from the competition is the ability to synthesize its broad capability with specific customer needs – effectively tailoring a more insightful solution – through combining technology with life cycle value and service excellence, EthosEnergy ultimately delivers incremental economic value over the life of an asset.

"The key to EthosEnergy's enhanced customer service is its industry-best agility, quality, efficiency and responsiveness.   Additionally, the executive leadership at EthosEnergy reviews and acts on customer feedback to continually improve the overall customer experience and provide Service Excellence,"  noted Pritil Gunjan, Frost & Sullivan analyst.

Mark Dobler, CEO of EthosEnergy added; "We appreciate this industry recognition, as it reinforces what our customers see as our underlying value proposition, the ability to apply some, or all, of our service capability in such a way as to create material value to their operations. With a focus on customer requirements and customer satisfaction, we use our Service Excellence platform and strive to deliver our products and services in a repeatable and predictable manner." 

He added; "It is the breadth of our service offering and how this is then applied to specific customer requirements that creates our differentiation. Our customers are realizing material improvements in operating performance, flexibility, availability and reliability - while reducing total capital employed and schedule risk. Our focus will continue to be on developing innovative solutions and broadening our portfolio such that we meet their needs both today and tomorrow."

Notes to editors

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. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.

About EthosEnergy

EthosEnergy is a leading independent service provider of rotating equipment services and solutions to the power, oil & gas and industrial markets. Globally, these services include power plant engineering, procurement and construction; facility operations & maintenance; design, manufacture and application of engineered components, upgrades and re-rates; repair, overhaul and optimization of gas and steam turbines, generators, pumps, compressors and other high-speed rotating equipment.

About Frost & Sullivan

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Jennifer Gibson
Tel.: +44 1224 367256

Adelaide Mendes
Best Practices Group
Frost & Sullivan
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SOURCE Frost & Sullivan