Frost & Sullivan's 2005 Excellence in Automotive & Transportation Awards Banquet Lauds Europe's Achievers.LONDON -- Frost & Sullivan's 2005 Excellence in Automotive & Transportation Awards Banquet was held last night at the Steigenberger Hotel in Stuttgart, Germany. The well-attended event honoured leaders and achievers in the European automotive and transportation industry. Awardees at the evening's function were welcomed by Aroop Zutshi, Managing Director at Frost & Sullivan, with Sarwant Singh, Director of the Automotive & Transportation Practice at Frost & Sullivan, delivering the keynote address keynote address n. An opening address, as at a political convention, that outlines the issues to be considered. Also called keynote speech. Noun 1. . In his keynote speech keynote speech n. See keynote address. Noun 1. keynote speech - a speech setting forth the keynote keynote address keynote - the principal theme in a speech or literary work , Mr. Singh, commented on the exciting future of the European market saying, "There are a plethora of automotive and transportation technologies waiting to be commercialised. Cars of the future are going to have cooperative systems which will enable vehicle-to-infrastructure communication and inter-action, which is going to open up huge opportunities for technologies and will make driving a much safer and more enjoyable experience." This was followed by a glittering awards presentation ceremony. Award recipients were commended for exceptional planning and execution of product launches, strategic alliances, distribution strategies, technological innovations, customer service and mergers and acquisitions. Outstanding leadership, strategy, service, innovation, integration and development skills were also recognised at the event. Among top performers lauded for their accomplishments in the automotive and transportation industry included Pierre Levi, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of FAURECIA, for Automotive CEO of the Year, ThyssenKrupp AG ThyssenKrupp AG German steel company. The Krupp firm began in 1811 when Friedrich Krupp (1787–1826) founded a steel plant in Essen, and it remained in family hands for a century and a half. for Automotive Company of the Year and Autostrade S.p.A. for Transportation Company of the Year. The Automotive Product of the Year Award was conferred on Pioneer Corporation while the Automotive Technology Noun 1. automotive technology - the activity of designing and constructing automobiles automotive engineering engineering, technology - the practical application of science to commerce or industry of the Year Award was presented to IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Automotive Solutions. In recognition of its technology leadership, Toll Collect GmbH was bestowed the Transportation Technology Innovation & Leadership of the Year Award. Frost & Sullivan also honoured Raben Group with the 2005 Customer Service Leadership Award, BOSE Bose , Satyendra Nath 1894-1974. Indian physicist whose work in quantum mechanics provided the base for a statistical description of the behavior of large numbers of bosons. Noun 1. with the 2005 Product Innovation Award and IBM Corporation with the 2005 Customer Service Innovation Award. Autostrade S.p.A. was honoured with the 2004 Vertical Market Penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" Leadership Award with FIEGE Group winning accolades as the recipient of the 2005 Product Innovation Award. The awards gala was preceded by a round table discussion on "Automotive Technologies of the Future: Developing a Business Model" held at the Open Technology Forum of the European Automotive Components Exposition. Industry experts debated strategic approaches to developing a business case for future automotive technologies. Round table discussants included Michael Wellenzohn, MD, and member of the Board for ThyssenKrupp Presta Steertec; Erich Nickel, Director of IBM Global Automotive Solutions in Marketing Sales and Services; Peter Mies, Deputy General Manager, Automotive Business Unite, Renesas Technology Renesas Technology Corporation (ルネサス テクノロジ| Europe; Piero Bergamini, Director, Advanced Services Direction of Autostrade per l'Italia; Edmund Chew, Editor, Supplier Business; and Sarwant Singh, Automotive & Transportation Practice Director at Frost & Sullivan. Nick Ford, consulting Manager of Frost & Sullivan's Transportation Practice, moderated the productive and rewarding session. About Frost & Sullivan Frost & Sullivan, a global growth consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community, by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics econometrics, technique of economic analysis that expresses economic theory in terms of mathematical relationships and then tests it empirically through statistical research. , and demographics. For more information, visit http://www.frost.com. Frost & Sullivan Awards A Sullivan Award may refer to:
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