Arkadin Receives Third Consecutive Frost & Sullivan Growth Excellence Award in the Asia Pacific Hosted Conferencing Services Market

Arkadin Receives Third Consecutive Frost & Sullivan Growth Excellence Award in the Asia Pacific Hosted Conferencing Services Market PR Newswire SINGAPORE, Sept. 25, 2012 SINGAPORE, Sept. 25, 2012 /PRNewswire/ -- Arkadin has been awarded the 2012 Frost & Sullivan Growth Excellence Award in the Asia Pacific Hosted Conferencing Services Market for the third consecutive year. The award was presented at the 2012 Frost & Sullivan Asia Pacific Best Practices Awards held on the 25th of September at the Shangri-La Hotel, Singapore. The Frost & Sullivan Growth Excellence Award is bestowed each year upon the company that has demonstrated excellence across two facets, growth strategy and growth implementation. This award recognizes the company's leadership ability to sustain growth in the short-term and the long-term as measured by the quality of its vision, people, processes, and policies. The Asia Pacific market for hosted conferencing services recorded 16.8% in yearly growth for 2011, the highest in the past three years, with the total market exceeding US$600 million in value. The high growth in the market was driven by increasing usage from both traditional and emerging businesses, as well as efforts from market participants to increase penetration in the small and medium business (SMB) segment. "Arkadin once again demonstrated their strong growth initiatives by developing suitable go-to-market strategies in 2011.