The award acknowledges EXFO for its leadership in the portable FOTE
sector, with a market share of more than 38 percent.
QUEBEC CITY, March 10, 2014 /CNW Telbec/ - EXFO Inc. (NASDAQ: EXFO)
(TSX: EXF) announced today that it has been named recipient of the 2014
Frost & Sullivan Global Market Share Leadership Award in the portable
fiber-optic test equipment (FOTE) market.
According to Frost & Sullivan, a leading global growth consulting firm,
EXFO has solidified its first place in 2013 in the overall portable
FOTE market with a market share of 38.2%, an 8% gap with its closest
competitor. EXFO's close collaboration with customers and the superior
quality of its products have helped the company maintain its brand
globally in the portable FOTE market. The key performance driver for
EXFO has been its focus on portable OTDRs, fiber inspection solutions
and optical spectrum analyzers, for which the company has gained
incredible momentum in new regions, with more than 100% growth in
Brazil and other Latin American countries in 2011 over 2010.
The intelligent Optical Link Mapper (iOLM), one of the many sources of EXFO's continuous success in the FOTE
market, has seen its functionalities expanded to cover all common fiber
applications such as FTTx last-mile, FTTH/PON, Metro, CDWM and, more
recently, FTTA and data centers with the addition of a multimode
version. iOLM uses the patent-pending Link-Aware™ technology, a unique
OTDR-based application that removes all complexity from traditional
OTDR testing by launching multipulse acquisitions, automating parameter
settings, analyzing the results and presenting clear pass/fail
verdicts, illustrated with colored icons. Selling thousands of iOLMs
over the past three years has secured EXFO's position in the global
fiber-optic test equipment market.
Other key portable FOTE products include power meters, light sources, inspection probes, OTDRs, dispersion analyzers and optical spectrum analyzers (OSA). As proof of the cutting-edge technology, EXFO introduced portable
test solutions, the new MaxTester, the first tablet-inspired handheld
OTDR, and the FIP-400B Fiber Inspection Probe series. Both of these
products were designed to be compact and intuitive, with an unmatched
end-user experience, and also be intelligent and connected, to improve
and automate the testing workflow, thus boosting test efficiency.
Another key factor of success for EXFO is the unique environment that
surrounds its portable test product portfolio. Thanks to the
connectivity features of the FTB Ecosystem of portable test platforms, as well as EXFO Connect cloud-based hardware and test data management services, FTB test devices
are continuously synchronized and interconnected throughout the test
cycle, enabling operators to do more with their test results while
simplifying the actual field work for all end users, from technicians
to deployment managers.
"Developing close relationships with our customers, tailoring solutions
for their challenges, and delivering innovation that offers them true
value are all factors that have helped EXFO maintain the no. 1 position
in the portable FOTE market over the years," said Étienne Gagnon,
Vice-President of EXFO's Test and Measurement Division. "We will
continue to build our brand and increase our global presence to make
sure we offer our customers the best FOTE portfolio in the industry."
"EXFO's success in the portable FOTE market segment is attributed to the
close relationships it maintains with its customers in order to
identify their specific requirements and therefore come up with new
products and solutions that are in line with market requirements," said
Sujan Sami, Industry Manager at Frost & Sullivan. "Over the years, EXFO
has developed innovative products that simplify test processes while
increasing testing speed and accuracy, which explains the company's
significant growth in the portable FOTE market segment globally."
To learn more about Frost & Sullivan's awards, visit www.awards.frost.com. For details about EXFO's other industry recognitions, visit the Awards and Recognitions section on our website.
Listed on the NASDAQ and TSX stock exchanges, EXFO is among the leading
providers of next-generation test and service assurance solutions for
wireline and wireless network operators and equipment manufacturers in
the global telecommunications industry. The company offers innovative
solutions for the development, installation, management and maintenance
of converged, IP fixed and mobile networks—from the core to the edge.
Key technologies supported include 3G, 4G/LTE, IMS, Ethernet, OTN,
FTTx, xDSL and various optical technologies accounting for more than
35% of the portable fiber-optic test market. EXFO has a staff of
approximately 1600 people in 25 countries, supporting more than 2000
customers worldwide. For more information, visit www.EXFO.com and follow us on the EXFO Blog, Twitter, LinkedIn, Facebook, Google+ and YouTube.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best-in-class positions in growth,
innovation and leadership. The company's Growth Partnership Service
provides the CEO and the CEO's Growth Team with disciplined research
and best-practice models to drive the generation, evaluation and
implementation of powerful growth strategies. Frost & Sullivan
leverages 50 years of experience in partnering with Global 1000
companies, emerging businesses and the investment community from more
than 40 offices on six continents. To join our Growth Partnership,
please visit http://www.frost.com.
SOURCE: EXFO inc.
For further information:
(418) 683-0913, Ext. 23417
Director, Investor Relations
(418) 683-0913, Ext. 23733