Frost & Sullivan Recognizes WebGen Systems for Pioneering Role in Building Automation.BOSTON -- Frost & Sullivan presented WebGen Systems with the 2004 Customer Value Enhancement Award at last night's Excellence in Customer Value Enhancement Awards Banquet A banquet is a large public meal or feast, complete with main courses and desserts. It usually serves a purpose, such as a charitable gathering, a ceremony, or a celebration. Sometimes a banquet consists of only desserts, but it is advisable to include main courses as well. in recognition of WebGen's unique proactive approach to managing building facilities Frost & Sullivan's Customer Value Enhancement Award acknowledges a company's unparalleled customer service support and its ability to keep pace with changing end-user demands. It is also a tribute to the company's winning edge over other participants, its superior technological ability, its acceptance within the market, and its impact on the existing competitive landscape. While WebGen primarily catered to financial institutions and corporate establishments in the beginning, it has now expanded its services to other sectors, such as institutional and governmental facilities. Its capacity to utilize energy efficiently and to provide its customers with a complete, dynamic enterprise energy management solution has earned it a reputation for "intelligent" energy usage. "WebGen has played a pioneering role in transforming building automation systems (BAS BAS abbr. 1. Bachelor of Agricultural Science 2. Bachelor of Applied Science ) to 'intelligent technologies' that are capable of proactively conserving con·serve v. con·served, con·serv·ing, con·serves v.tr. 1. a. To protect from loss or harm; preserve: energy," say Frost & Sullivan Research Manager Sanjiv Bhaskar and Analyst Sapan Agarwal. "The ability to learn and optimize optimize - optimisation energy usage in building facilities gives the company its edge over its peers." WebGen products reflect a thorough understanding of consumer needs. The company offers multiple pricing options strategy to suit its wide array of customers. Apart from flexible pricing strategies There are many ways in which the price of a product can be determined. The following are the foremost strategies that businesses are likely to use. Competition-based pricing Setting the price based upon prices of the similar competitor products. , WebGen has also focused on satisfying distinct requirements for multiple customer segments. To this end, the company has been trying to constantly innovate in·no·vate v. in·no·vat·ed, in·no·vat·ing, in·no·vates v.tr. To begin or introduce (something new) for or as if for the first time. v.intr. To begin or introduce something new. its products. To maximize energy savings and ease of operation, the company uses the "intelligent use of energy" (IUE IUE International Ultraviolet Explorer (NASA) IUE Istituto Universitario Europeo (Italian: European University Institute) IUE Image Understanding Environment IUE Izmir University of Economics ) system. A fully automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. approach, IUE is much more efficient than other systems in the market in terms of energy savings. "WebGen is seeking to foster partnerships with diverse end-user segments, such as building owners, energy suppliers, and regulatory agencies regulatory agency Independent government commission charged by the legislature with setting and enforcing standards for specific industries in the private sector. The concept was invented by the U.S. ," say the analysts. "Each of these segments clearly has different expectations from its BAS system, and WebGen aims to provide exceptional service customized to their requirements backed by technical expertise." This is likely to significantly improve customer interaction and satisfaction. Frost & Sullivan views these accomplishments as hallmarks of a company with a clear vision and ability to execute its plan. Held in Boston, the Frost & Sullivan banquet honored hon·or n. 1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate. 2. a. Good name; reputation. b. world-class companies for outstanding performance and achievements in customer care. An annual event, the banquet recognized the quality and merit of distinguished individuals and companies. About WebGen Systems, Inc. Headquartered in Cambridge, Mass., WebGen Systems, Inc., provides advanced software for energy conservation and control in commercial buildings. WebGen combines the highest level of industry expertise with a reliable suite of open-protocol software tools, called IUE(R), to provide real-time command of energy use to generate savings. Its system connects all aspects of building energy management to automatically measure, monitor, and control energy consumption -- building by building, system by system, meter by meter, and device by device. WebGen offers the most effective Enterprise Energy Management solution on the market today. Additional information can be found on the company Web site: www.webgensystems.com. About Frost & Sullivan Founded in 1961, Frost & Sullivan is recognized as a global leader in growth consulting. Frost & Sullivan Awards A Sullivan Award may refer to:
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