The award acknowledges EXFO for its leadership in the portable FOTE sector, with a market share of more than 35 percent
QUEBEC CITY, Nov. 6, 2012 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO) (TSX: EXF) announced today that it has been named recipient of the 2012 Frost & Sullivan Global Market Share Leadership Award in the portable fiber-optic test equipment (FOTE) market.
According to Frost & Sullivan, a leading global growth consulting firm, EXFO has captured first place in the overall portable FOTE market with a market share of 36.7% in 2011. EXFO's close collaboration with customers and the superior quality of its products have helped the company establish its brand globally in the portable FOTE market. The key performance driver for EXFO has been its focus on portable OTDRs, fiber inspection solutions, power meters, light sources, optical loss test sets and optical spectrum analyzers, for which the company has gained incredible momentum in new regions, with more than 100% growth in Brazil and other Latin American countries in 2011 over 2010.
The intelligent Optical Link Mapper (iOLM) is one of the many sources of EXFO's continuous success in the FOTE market; using patent-pending Link-Aware™ technology, this unique OTDR-based application removes all complexity from traditional OTDR testing by launching multipulse acquisitions, automating parameter settings, analyzing the results and presenting clear pass/fail verdicts, illustrated with colored icons. Key portable FOTE products also include power meters, light sources, inspection probes, OTDRs, dispersion analyzers and optical spectrum analyzers (OSA). As proof of the popularity of EXFO's portable test solutions, the market-leading FTB-200 Compact Platform reached in the last year the milestone of over 25,000 units sold, with sales of the powerful FTB-1 handheld platform continuously growing.Another key factor of success for EXFO is the unique environment that surrounds its portable test product portfolio. Thanks to the connectivity features of the FTB Ecosystem of portable test platforms, as well as EXFO Connect cloud-based hardware and test data management services, FTB test devices are continuously synchronized and interconnected throughout the test cycle, enabling operators to do more with their test results while simplifying the actual field work for all end users, from technicians to deployment managers. "Developing close relationships with our customers, tailoring solutions for their challenges, and delivering innovation that offers them true value are all factors that have helped EXFO maintain the no. 1 position in the portable FOTE market over the years," said Étienne Gagnon, Vice-President of EXFO's Test and Measurement Division. "We will continue to build our brand and increase our global presence to make sure we offer our customers the best FOTE portfolio in the industry."