Press release from Business Wire India
Source: Frost & Sullivan
Friday, May 18, 2012 05:36 PM IST (12:06 PM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Business services, Construction, Information technology, Real estate; Technology
Quadra Software Solutions Private Limited receives the IT Application Vendor of the Year in the Real Estate and Construction Sector at 2012 Frost & Sullivan India ICT Awards
Mumbai, Maharashtra, India, Friday, May 18, 2012 — (Business Wire India) — Frost & Sullivan awards Quadra Software Solutions Private Limited, IT Application Vendor of the Year in the Real Estate and Construction Sector for the year 2011. ERP adoption in the real estate and construction sector in India is on the rise and the enterprises seek vendors who can collaborate with them in implementing the appropriate technology solutions thereby driving growth, reducing operational costs and bringing in best practices. The large number of enterprises in this space undergoing a phase of transformation offers significant business opportunities for ERP vendors.
On receiving the award, Mr. Hari Krishna. A, Managing Director, Quadra Software Solutions Private Limited said, “Quadra is delighted on being recognized by Frost & Sullivan for its relentless industry focus in the realty and construction verticals. This award is the result of the effort put in the past 15 years of Quadra’s presence. With industry transforming product line, international presence in more than 3 continents, Quadra strives to take IT transformation to next level of “Paperless office” for more than 180+ of its customers. Quadra believes in customer focus delivery, technology innovation, relentless Implementation and execution are foundation for Quadra’s success.”
Quadra Software Solutions Private Limited has exhibited strong strategic focus on the real estate and construction vertical bagging in the largest number of new deals during 2011, making it one of the fastest growing vendors in this space. It has successfully implemented its go to market strategy by building a strong portfolio of products, strengthening its channel network, with innovative price value proposition to the end customer segments.
While presenting the award, Nishchal Khorana, Head- Consulting, Information & Communications Technology Practice, Frost & Sullivan, South Asia and Middle East stated, “Quadra’s strong domain capabilities coupled with focused approach and sound market strategy has enabled it to become a leading vendor in the real estate and construction sector, offering solutions to enterprises across sub segments and sizes”
The recipient of the award was judged based on a variety of parameters like business strategy, revenues, growth rate, market Share, product offerings and key initiatives in 2011. Frost & Sullivan analysts through in depth primary did the analysis and secondary research. The data was than presented to an elite panel of jury members comprising of some of the most prominent CIOs/CTOs from the industry to incorporate the end user perspective. Frost & Sullivan then presented the award to the company that received the number one industry rank.
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CONSUMER, CONSULTANCY SERVICES, BUSINESS SERVICES, CONSTRUCTION, IT, REAL ESTATE, TECHNOLOGY
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