Want to work for an industry-leading company? Digital infrastructure company Colt Technology Services has received Frost & Sullivan’s 2022 Best Practices Company of the Year Award in the European network services industry, in recognition of its position at the forefront of innovation and growth, creating new products, solutions, and services that meet ever-evolving customer needs and advance the overall market.
Frost & Sullivan, Senior Vice President of Research, Lynda Stadtmueller, said: “We’re proud to present Colt Technology Services with this year’s Best Practices Company of the Year Award in the European network services industry. Colt has consistently developed its growth strategy based on a visionary understanding of the future and effectively addresses new challenges and opportunities. In the context of strategic imperatives forcing great change today, such as disruptive technologies, value chain compression, industry convergence, and new business models, Colt’s recognition signifies an even greater accomplishment.”
“This award from Frost & Sullivan recognises Colt's commitment to our customers, people and the planet. They are truly at the centre of everything we do,” said Colt CEO, Keri Gilder.
“Our industry has the greatest impact on the digital transformation of today’s world, and as a leading digital infrastructure provider, Colt is at the forefront of driving that change with our best in breed innovations, customer experience and network flexibility. Being honoured with the Company of the Year Award is also a testament to Colt's values and the dedication of our partners and employees. We’re excited to continue to win together and deliver pioneering services and make the world better connected, more sustainable and fairer for all,” commented the CEO.
Frost & Sullivan recognises that ESG is incorporated into every department and process at Colt and states that in doing so, the company is leading the charge for responsible social and environmental practices in the telecommunications industry. Colt takes its responsibility as a corporate citizen very seriously and is leading ESG initiatives and establishing benchmarks that are industry-wide.
Applying a rigorous analytical process to evaluate multiple nominees
Frost & Sullivan applies a rigorous analytical process to evaluate multiple nominees, involving a detailed evaluation of best practices criteria across two dimensions: visionary innovation and performance and customer impact.
The analyst house found Colt excels in many of the criteria in the network services space and highlights five areas of outstanding performance in the award report:
- Next-generation, high-performance network infrastructure
- Innovative services to support specific market needs
- Integrated, AI-enabled customer portal
- Outstanding levels of customer satisfaction
- ESG leadership
Demonstrating outstanding achievement and superior performance
Frost & Sullivan’s Company of the Year Award is its top honour and recognises the market participant that exemplifies visionary innovation, market-leading performance, and unmatched customer care.
The Best Practices awards recognise companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
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