NEC is Frost & Sullivan's 2012 Asia Pacific Enterprise Telephony Vendor of the Year

NEC is Frost & Sullivan's 2012 Asia Pacific Enterprise Telephony Vendor of the Year PR Newswire SINGAPORE, June 7, 2012 SINGAPORE, June 7, 2012 /PRNewswire/ -- NEC has been awarded the 2012 Frost & Sullivan Asia Pacific Enterprise Telephony Vendor of the Year at the 2012 Frost & Sullivan Asia Pacific ICT Awards held on the 7th of June at the Shangri-La Hotel, Singapore. Founded in 2004, the 2012 Frost & Sullivan Asia Pacific ICT Awards seeks to recognize companies and individuals that have pushed the boundaries of excellence, rising above the competition and demonstrating outstanding performance across Asia Pacific. The Asia Pacific Enterprise Telephony Vendor of the Year award is conferred to the telephony vendor that has shown exemplary growth and performance in 2011 in Asia Pacific. The recipient was evaluated based on their revenues, market share, geographical spread, and key achievements. "NEC has performed outstandingly in a fiercely competitive market. Although the enterprise telephony market grew by 6.2%, NEC grew its revenues by 14.2%. This is remarkable growth for a market leader, already commanding one fifth of the market, in a comparatively mature market. NEC's success is primarily related to its extraordinary focus on this market and the successful migration of its customers from TDM to IP telephony.