Owing to its strong product offering, brand awareness, valid growth strategy, and global presence, Tektronix has been able to take and maintain a strong position in the market.
"The Frost & Sullivan Leadership Award is a great recognition of the success we've had in the marketplace in delivering valuable monitoring systems to our customers," said Doug Dickerson, Vice President and General Manager, Network Management, Tektronix. "Tektronix strives to be on the cutting edge of technology to provide scalable, flexible solutions that address the evolving needs of our customers, in particular the move to all-IP networks. Major operators have discovered that these networks are very complex to build, monitor and maintain. As a result, our size and experience in rolling out monitoring systems for these complex cutting-edge technologies is proving to be a strong benefit to our customers," said Doug Dickerson
In 2003, Tektronix had a total market share of 6.7 percent. However, with the strategic acquisition of INET Technologies in September 2004, the company attained a major foothold in the market. In fact, it ranked first in global wireless network monitoring systems market in 2006, with a market share of 39.6 percent.
Tektronix has an in-depth understanding of the industry and a strong grasp on the current and future trends affecting the market. In 2006, Tektronix announced further extensions of IMS performance monitoring capabilities for true end-to-end IMS monitoring to its Unified Assurance Solution, which is a family of products for network management, service management, and customer management.
The company’s single efficient platform monitors SS7, GSM, GPRS, UMTS and IP networks. Its monitoring solution provides network-wide surveillance and actionable troubleshooting paths, real-time alarms and performance statistics, and ensures round-the-clock visibility to all network traffic. Other benefits include end-to-end multi-protocol correlation of individual session and call performance, accelerated problem detection and resolution and compact, scalable footprint.
Tektronix’ offerings are unique, as carriers can use them in an integrated fashion to troubleshoot subscriber issues faster with guided actionable drill-down path to detect the root cause of the problem.
The company’s strong brand image in the T&M industry helped it close deals with several major network operators.
"Tektronix has a growth strategy based on increasing its market share in core product categories, expanding its addressable market, leveraging its core strengths into adjacent positions, and focusing on highest growth sectors with long term potential for growth," explains Frost & Sullivan Industry Manager Jessy Cavazos.
In order to achieve these goals, Tektronix has made significant investments in research and development of products as well as M&A investments such as the recent Minacom acquisition that address the ever-changing needs of the communications industry.
"Tektronix has established itself as a true leader in the world wireless network monitoring systems market with various operations, manufacturing sites, development centers, and distributors strategically located in more than 19 countries worldwide, to support its global customer base," notes Cavazos. "Its strong product offering, brand awareness, valid growth strategy, and global presence are likely to ensure that it remains a dominant force in the market for years to come."
Each year, the Frost & Sullivan Award for Market Leadership is presented to the company that has exhibited market share leadership through the implementation of market strategy. The recipient has displayed excellence in all areas of the market leadership process, including the identification of market challenges, drivers and restraints, as well as strategy development and methods of addressing these market dynamics.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
Tektronix (tektronix.com) is a leading supplier of test, measurement, and monitoring products, solutions and services for the communications, computer, and semiconductor industries - as well as military/aerospace, consumer electronics, education and a broad range of other industries worldwide. With 60 years of experience, Tektronix enables its customers to design, build, deploy, and manage next-generation global communications networks, advanced and pervasive technologies. Headquartered in Beaverton, Oregon, Tektronix has operations in 19 countries worldwide.
Tektronix provides network operators and equipment manufacturers a comprehensive and unparalleled suite of network diagnostics and management solutions for fixed, mobile, IP and converged multi-service networks. These solutions support such architectures and applications as fixed mobile convergence, IMS, broadband wireless access, WiMAX, VoIP and triple play, including IPTV.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.