Frost & Sullivan honors Honeywell
Frost & Sullivan named Honeywell Process Solutions as the recipient of the 2007 Frost & Sullivan Award for Market Leadership for its automation and software solutions in the oil and gas industry.
The oil and gas production automation market has changed significantly in the past several years, with producers competing to bring assets into production earlier and squeeze more out of existing fields.
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.