RALEIGH, N.C., Sept. 18, 2017 /PRNewswire/ -- Trilliant, a global provider of IoT and smart energy communications solutions, has been awarded the 2017 Frost & Sullivan Southeast Asia Smart Grid Solutions Company of the Year. The award, based on analysis of companies offering end-to-end smart grid solutions in Southeast Asia, recognized Trilliant's emergence as a market leader with remarkable growth and expansion of its customer base.
The Company of the Year Award honors the provider that has demonstrated excellence in growth, innovation and leadership; typically translating into superior performance in demand generation, brand development and competitive positioning.
"This award validates the goals we set for Trilliant five years ago," said Bryan Spear, Trilliant's managing director, Asia Pacific. "By bringing a globally compliant and flexible solution, we're uniquely meeting the needs of a wide variety of utilities looking to gain efficiencies and customer satisfaction through smart grid technology."
Frost & Sullivan cited Trilliant's extensive knowledge of market gaps and its initiative in working closely with utilities to develop solutions for their specific needs. Its growth diversification strategy, above market growth, industry best practices and best value for price helped secure their strong market foothold in Southeast Asia's growing smart grid market.
"Trilliant exhibited an extraordinary performance in the Smart Grid Solutions market in Southeast Asia during 2016. The market is still in its nascent stage, but Trilliant has successfully expanded their customer base in the region during the past few years," according to Avanthika Satheesh, industry analyst energy and environment, Frost & Sullivan. "Trilliant has emerged as one the leading players in the Southeast Asian Smart grid market, with solutions for smart meters, distribution automation and demand response among other offerings. They have rightly identified the market gaps and worked closely with the power utilities to develop the solutions for their specific needs."
Trilliant's accomplishments in the region include establishing Vietnam's first smart energy communications network, a strategic alliance in Malaysia, an agreement to deploy the region's first smart city demonstration project by the end of 2017 and various other projects and innovative smart grid and smart city solutions across the region.
"As Southeast Asia looks to drive the region's rapidly growing economies, we are proud to have the opportunity to work with many progressive utilities, providing solutions that help achieve their vision," said Andy White, president and CEO of Trilliant. "We look forward to continued growth and expansion in the Southeast Asia market and around the globe to serve our customers' needs."
The Frost & Sullivan awards ceremony will be Wednesday, October 4, 2017 at 6:30 p.m. at the Shangri-La Hotel Singapore.