International. The Frost & Sullivan Best Practice Awards ceremony was recently held in London. These awards are given each year to companies that are expected to foster significant growth in their industries and identify emerging trends before becoming a standard in the market and create advanced technologies that will catalyze and transform industries in the near future.
The words of Art Robbins, president, consultant and senior partner of Frost & Sullivan were:
"These awardees have demonstrated their ability to disrupt the market with creativity and persistent passion."
"Kgroup's focus and dedication to continuous product development, its strong R&D culture, combined with extensive intellectual property, has allowed Kgroup to demonstrate its product differentiation, which ultimately provides it with a unique advantage in a highly competitive market. Its ability to combine technology and design to achieve high machine efficiency, combined with cutting-edge features all provide a unique shopping experience for users that is admirable." All this has earned Kgroup the "Frost & Sullivan's 2018 Company of the Year" award
The company's official statement explains that "the value of receiving the Company of the Year award, being recognized as a leader not only in our sector, but also among our non-sector counterparts, requires the company to demonstrate excellence in growth, in innovation and leadership. This type of excellence typically translates into superior performance in three key areas: demand generation, brand development , and competitive positioning. These areas serve as the foundation for future success for the company and in addition to preparing it to meet the two criteria that define the Company of the Year Award: Visionary Innovation and Performance and Customer Impact."
