Tokyo, Japan - October 7, 2008
Yokogawa Electric Corporation is pleased to announce that its subsidiary, Yokogawa Engineering Asia, is awarded the "2008 Frost & Sullivan Asia Pacific Distributed Control System (DCS) Company of the Year" Award for the outstanding performance of its DCS across the Asia Pacific region.
"DCS Company of the Year" Award Logo
Frost & Sullivan recognizes Yokogawa as the DCS Company of the Year for its high market share in the Asia Pacific DCS market, due to its high quality engineering support and service, competitive price and strong customer base. Yokogawa's ability to provide high value-added solutions that satisfy the evolving needs of customers, to capitalize on opportunities in the Asia Pacific market, to contribute unique capabilities and its involved presence in the Asia Pacific market also contributed to this success.
Frost & Sullivan acknowledges that Yokogawa, as a company, has been actively engaged in developing businesses in control, measurement and information, and established in 1915, Yokogawa is growing explosively in Asia Pacific in the field of automation and control solutions.
In April 2008, Frost & Sullivan awarded five Yokogawa group of companies with six prestigious Market Leadership Awards for Distributed Control System (DCS) for Singapore, Indonesia, Malaysia, Australia and New Zealand, and Market Leadership Award for DCS and Automation, and Software for Thailand.
"Yokogawa is honoured to receive this Award. This endorsement by Frost & Sullivan and by the market, clearly affirms Yokogawa's commitment to customers' excellence. Yokogawa's leadership position is the result of our continuous investment in R&D, dedicated personnel and our unwavering lifecycle operation support to customers. We are grateful to them for their trust and confidence in Yokogawa. We will continue to be their dependable partner of choice and provide innovative solutions for the industry in the years to come," said Kersi Aspar, Executive Vice President, Yokogawa Engineering Asia.
He added, "We are also confident that our leadership position will be strengthened with the newly launched CENTUM VP, a new integrated production control system that goes beyond the traditional DCS functions to deliver operational excellence solutions to our customers for achieving a safe, reliable and profitable plant."
Yokogawa introduced the first DCS, called CENTUM, in 1975 and since then it has passed many state-of-the-art generations. In February this year, Yokogawa launched the 8th generation DCS, CENTUM VP, a new integrated production control system that will become the flagship platform for the VigilantPlant Operational Excellence initiative. CENTUM VP redefines the role of DCS by going beyond the traditional DCS function of controlling and monitoring a plant. CENTUM VP offers a unified operating environment by integrating plant information management, asset management, and operation support.
Yokogawa's global network of 19 manufacturing facilities and 89 companies spans 32 countries. Since its founding in 1915, the US$4 billion company has been engaged in cutting-edge research and innovation, securing more than 7,500 patents and registrations, including the world's first digital sensors for flow and pressure measurement. Industrial automation and control, test and measurement, information systems and industry support are the core businesses of Yokogawa. For more information about Yokogawa, please visit our website at www.yokogawa.com.
Yokogawa Engineering Asia Pte Ltd is a subsidiary of US$4 billion Yokogawa Electric Corporation, Tokyo, a global leader in the manufacture and supply of instrumentation, process control, and automation solutions. Yokogawa Engineering Asia is the Regional Business Headquarters for sales, engineering, services and research & development for Asean countries, Australia, New Zealand and Pakistan. Located in Singapore, Yokogawa Engineering Asia is also the Global Center of Excellence for engineering (Global Engineering Solution Centre), solution services (Production Excellence Solution Center) and research & development (Singapore Development Centre). For more information about Yokogawa, please visit our website at www.yokogawa.com/sg/.
Frost & Sullivan Best Practices Awards recognize 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 in order to identify best practices in the industry. www.awards.frost.com
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