- Frost & Sullivan awarded Electro Rent the Global Company of the Year 2019 for its global asset management and electronic test and measurement equipment optimization offering.
Frost & Sullivan, a consulting firm, presents the annual Company of the Year award to the organization that demonstrates excellence in growth strategy and implementation in its field. The award recognizes a high degree of product and technology innovation and the resulting leadership in customer value and market penetration.
“Electro Rent is the global market leader with its integrated service offering. Its positioning will therefore enable it to continue to generate significant revenue potential. It is a recognized business service provider whose solutions provide visibility into all test equipment involved in various projects and locations,” said Mariano Kimbara, analyst at Frost & Sullivan.
“Electro Rent is committed to enhancing the standard business model used in the test equipment market and transforming the industry with its unique offering. It offers a unique combination of three services: real-time management platforms, analysis to optimize equipment flow and logistics, controlled procurement activities to reduce hidden costs, and integrated service options, including calibration and repair management and rental and sale of underutilized test equipment,” adds Mariano Kimbara.
Established in 1965, Electro Rent specializes in the rental, leasing, sale and management of test and measurement equipment for a variety of industries including telecommunications, aerospace, defense, automotive, energy, education and general electronics.