Jessy Cavazos, industrial director at Frost & Sullivan, stated: “Winning the Company of the Year award for three consecutive years is a rare distinction, but thanks to its outstanding performance, Microlease has rightfully earned Frost & Sullivan’s 2015 Global Company of the Year award. Striving to become the one-stop shop that customers seek, the company has continued to expand its rental and leasing services offering to include new test equipment, pre-owned test equipment, and asset management services. Microlease has adopted a very different strategy from its main competitors, enabling it to grow its business at a much faster pace.”
 
“Customers are increasingly aware of the cost of testing and are exploring how to better manage the costs associated with testing and measurement tasks. Microlease is committed to working with them and helping them identify and adopt testing strategies that are better suited to their needs. We are delighted that Frost & Sullivan has recognized Microlease as a market leader based on customer service, vision, financial performance, and brand positioning for the third consecutive year,” said Nigel Brown, Managing Director of Microlease.
 
In its report, Frost & Sullivan highlighted that Microlease’s success is driven by delivering value to customers and providing high-quality services, fostering strong customer loyalty. Analysts were particularly impressed by the company’s high level of technical expertise in supporting customers. Furthermore, Frost & Sullivan’s research indicates that its growing global presence has also proven crucial in providing local support in Asia for American and European customers operating on that continent.
 
Cavazos added: “Microlease’s global presence surpasses that of any of its competitors, covering North America, Europe, and Asia-Pacific. The acquisition of Livingston boosted the organic growth of its rental business in Europe and added offices in India and Singapore, further solidifying its position in Asia.”
 
To receive the Frost & Sullivan Company of the Year award, a company must demonstrate excellence in growth, innovation, and leadership. Analysts look at a company’s performance in terms of demand drive, brand strength, and differentiation from the competition. They also look for a strong commitment to visionary innovation that enhances value and impact for the customer. Frost & Sullivan’s independent analysis clearly demonstrated that the company’s differentiated offering, along with a set of factors such as equipment availability and logistics that determine success in the rental market, have enabled Microlease to grow its revenue at a rate far exceeding that of its peers.