SINGAPORE, Sept. 25, 2012 /PRNewswire/ -- Tata Communications has been awarded the 2012 Frost & Sullivan Asia Pacific Managed Enterprise Video Service Provider of the Year. The award was presented at the 2012 Frost & Sullivan Asia Pacific Best Practices Awards held on the 25 th of September at the Shangri-La Hotel, Singapore.
This award is presented each year to the company who exhibits excellence in Growth Strategy and Implementation, Degree of Innovation with New Products and Technologies, Leadership in Customer Value and Market Penetration.
The Unified Communications-as-a-Service market is a very dynamic and vibrant market in the overall hosted and managed business applications industry. The 2012 market for hosted and managed UC applications is expected to be worth US$1.9 billion, growing at an expected rate of 15.8% over the previous year. The market is in varying levels of maturity, depending on the applications and the geography. Tata Communications was one of the pioneers of managed business video services in the region, as well as globally.
"When it comes to enterprise video and Telepresence services, Tata Communications' service portfolio is one of the most comprehensive in its ability to offer complete turn-key solutions that take the load off managing expensive hardware, their product refresh cycles and maintenance costs," said Nitin Bhat, Partner & Head of Consulting, Frost & Sullivan.Tata Communications' video services business growth in the past year was 22.1%, one of the best in the industry. Over the last two years, it has grown to be a premier provider of end-to-end managed, wholly-owned, video services due to its experience in the market, its extensive list of partners, and its impressive submarine cable network around the world. Tata Communications' service solves a long-standing problem of visual collaboration between businesses across the globe, which has been a roadblock to increased utilisation and effectiveness of video solutions owned by corporations.