Azbil Wins Frost & Sullivan’s 2024 Southeast Asia Company of the Year Award

Azbil
Corporation
(Tokyo
Stock
Exchange
Code:
6845)
announced
that
it
has
won
Frost
&
Sullivan’s
2024
Best
Practices
Company
of
the
Year
Award
in
the
Southeast
Asia
smart
building
solutions
industry,
marking
its
third
consecutive
year
of
recognition.
Frost
&
Sullivan’s
Company
of
the
Year
Award,
its
top
honor,
recognizes
Azbil
for
exemplifying
visionary
innovation,
market-leading
performance,
and
exceptional
customer
care.
This
accolade
is
based
on
an
independent
evaluation
of
two
key
criteria
types:
Visionary
Innovation
&
Performance
and
Customer
Impact.
Azbil
excels
in
many
of
the
criteria
in
the
smart
building
solutions
space.
 

Azbil
Wins
Frost
&
Sullivan’s
2024
Southeast
Asia
Company
of
the
Year
Award

Frost
&
Sullivan,
a
global
growth
strategy
consulting
firm,
presents
Azbil
with
this
award
for
demonstrating
excellence
in
growth
strategy
and
implementation.
The
award
recognizes
a
high
degree
of
innovation
with
products
and
technologies,
and
the
company’s
resulting
leadership
in
customer
value
and
market
penetration.

Frost
&
Sullivan
Best
Practices
awards
recognize
companies
in
various
regional
and
global
markets
for
demonstrating
outstanding
achievement
and
superior
performance
in
leadership,
technological
innovation,
customer
service,
and
strategic
product
development.
Industry
analysts
compare
market
participants
and
measure
performance
through
in-depth
interviews,
analyses,
and
extensive
secondary
research
to
identify
best
practices
in
the
industry.

Previously,
Azbil
received
these
awards
from
Frost
&
Sullivan:

• 
  
  2022
  and
  2023
  Southeast
  Asia
  Company
  of
  the
  Year
  Award,
  Smart
  Buildings
  Solutions

• 
  
  2020
  and
  2021
  Southeast
  Asia
  Customer
  Value
  Leadership
  Award,
  Building
  Automation
  Systems

Azbil
was
commended
for
its
commitment
to
exceeding
customer
expectations,
solidifying
its
leadership
in
enhancing
building
safety,
comfort,
and
energy
optimization
through
advanced
automation
technology.
The
company’s
expansion
strategy
is
focused
on
three
growth
fields
—new
automation,
environment
and
energy,
and
life
cycle
solutions—which
enables
it
to
address
global
challenges
and
create
long-term
value.
Azbil’s
innovative
use
of
AI,
IoT,
and
cloud
systems
in
smart
building
solutions,
coupled
with
its
strong
focus
on
R&D
and
strategic
collaborations,
continues
to
drive
innovation.

“Azbil’s
success
as
a
pioneer
in
the
smart
building
solutions
industry
stems
from
its
ability
to
adapt
to
global
challenges,
leverage
its
deep
expertise
in
automation,
and
focus
on
delivering
innovative
and
comprehensive
solutions.
By
continuously
evolving
its
business
model
and
addressing
the
needs
of
a
changing
world,
Azbil
remains
at
the
forefront
of
the
industry,”
said

Mr.
Anirudh
Bhaskaran,
Industry
Principal,
Energy
&
Environment,
Frost
&
Sullivan.

“We
are
honored
to
receive
the
esteemed
award
from
Frost
&
Sullivan.
This
achievement
is
a
testament
to
Azbil’s
commitment
to
addressing
evolving
challenges
and
opportunities
with
visionary
strategies,
smart
building
automation
technologies,
and
industry-leading
best
practices
to
deliver
excellence
across
the
value
chain.
We
share
this
achievement
with
our
employees,
customers,
and
partners,
whose
collective
efforts
drive
our
success.
Moving
forward,
we
remain
steadfast
in
advancing
industry
growth
and
strengthening
our
position
as
a
global
top
value
creator
for
innovative,
human-centered
solutions,”
said

Mr.
Kazuyasu
Hamada,
Managing
Corporate
Executive
and
President
of
Building
Systems
Company,
Azbil
Corporation.

Click
the
URL
below
for
a
full
report
from
Frost
&
Sullivan. www.azbil.com/press/pdf/250121-01.pdf

Guided
by
the
Group
philosophy
of
“human-centered
automation”,
Azbil
continues
to
provide
products
and
solutions
that
contribute
“in
series”
to
creating
a
sustainable
society.

About
Azbil
Corporation

Azbil
Corporation formerly
known
as
Yamatake
Corporation,
is
a
leading
company
in
building
and
industrial
automation,
using
its
measurement
and
control
technologies
to
provide
customers
with
high
value-added
solutions
to
make
their
operations
more
efficient
and
sustainable.
Founded
in
1906,
Azbil
serves
customers
across
the
globe
in
a
broad
range
of
industries
and
aims
to
contribute
to
people’s
safety,
comfort,
and
fulfilment,
and
global
environmental
preservation.
At
the
end
of
March
2024,
Azbil
employed
about
10,000
people
worldwide
and
generated
¥290.9
billion
in
revenue.

For
more
information,
please
visit www.azbil.com.