Montgomery, IL — Frost & Sullivan selected Braeburn Systems LLC as the recipient of the 2006 Frost & Sullivan Award for Growth Strategy Leadership in the North American Thermostats Market. The company's success, ability to overcome obstacles and pre-eminence in growth strategy leadership stem from its commitment to its core competencies.
Braeburn has overcome formidable market entry barriers to become the fastest growing supplier of electronic thermostats in North America. Between 2001 and 2006, it witnessed an excellent compound annual growth rate of 105 percent, when the overall market rate was only 4.8 percent.
The company achieved this growth through sound financial and operational strategies. For instance, rather than building its own logistical infrastructure, Braeburn outsourced all its logistical needs and manufacturing operations such as warehousing, real-time delivery and assembly.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. Each year, Frost & Sullivan presents this award to the company that has bolstered its position in the market during the base year and whose strategy will have a lasting impact on the market. The company has proven its ability to grow in a saturated or maturing market, implement a unique sales strategy and invent technologies.