NEVADA CITY, USA: Telestream, a provider of world-class video transcoding solutions, affirms its leadership position with the announcement that Frost & Sullivan has presented the company with two 2009 Global Video Transcoders Market Leadership Awards.
The Competitive Strategy Leadership Award recognizes Telestream for its accomplishments in the overall global enterprise, broadband and mobile video transcoders market. The World Market Share Leadership award recognizes Telestream's position in the global broadband video transcoders market sector.
The awards cite Telestream's best practices as being unmatched in their field; acknowledge the company's continued double-digit growth rate and market share dominance; as well as the creativity and dedication of its executive team and employees.
Frost and Sullivan's Competitive Strategy Leadership Award is based on key criteria that benchmarks Telestream against its competitors in the areas of competitive intelligence, competitive strategy, market share, brand positioning and customer satisfaction.
"Telestream has focused on using transcoding as an enabling technology and has been able to successfully merge it with other components to provide customers with complete workflow solutions. Further, Telestream has made two major acquisitions that have helped the company leverage growth," said Vidya S. Nath, Senior Industry Analyst at Frost and Sullivan.
"Despite tough economic conditions and extremely competitive situations, Telestream has enjoyed substantial growth in 2009 and established itself as a leading transcoding vendor across multiple market segments."