|
 |
News |
 |
|
| |
Email this article |
Printer Friendly Version
|
| |
Tripp Lite revenues soar by 55% in 2006 owing to greater demand for power protection products across the Middle East |
| |
6/11/2007 10:08:56 AM |
| |
Tripp Lite, the world’s leading manufacturer of power protection equipment, has announced a strong market performance with an impressive year-on-year revenue growth of 55 per cent in 2006 compared to 2005, as it witnessed huge demand from major industries in the burgeoning regional economy. The US-based company further sustained its growth momentum in the GCC for the first quarter of 2007 with a 15 per cent rise compared to the same period last year. The company achieved robust sales of its extensive power product portfolio across different market sectors and expects a 65 per cent growth in the power protection industry in the GCC for 2007.
“Our tremendous growth is reflective of our ability to answer the varying needs of the booming regional economy with a comprehensive product portfolio and specialized services, which have helped clients ensure business continuity and disaster recovery, especially critical in highly-competitive environments. Our first quarter growth was largely impacted by huge sales particularly in the real estate, utilities and hospitality sectors, and we aim to leverage the 65 per cent growth we expect in the power protection business in the GCC,” said Vipin Sharma, Vice President of EEMEA Sales, Tripp Lite.
Tripp Lite offers localized assistance to its customers in the GCC with service centers and over 15 in-country distributors spread across the region, which are headed by well-trained service and sales teams. Customers have particularly benefited from onsite support warranties offered by the company’s authorized partners for mission critical businesses. In addition, Tripp Lite’s stringent manufacturing processes and high quality products have enabled the company to achieve ISO 9001 and SASO & Bureau Veritas certifications.
“Tripp Lite has always maintained a focused commitment to customers through the provision of prompt and efficient services and ensuring that they have easy access to our products with a wide network of distributors in different countries across the globe. Further, we ensure that our customers get genuine and quality products by exclusively distributing only through our ‘Golden Resellers’. These exemplary standards and practices have translated to a huge share in different segments including the information and communication technology (ICT), telecommunication, GSM, banking, hospitality, real estate, utilities and the government, and we remain upbeat about sustaining the present growth and capturing new markets in the future,” added Sharma.
Innovative products and services have been key drivers in Tripp Lite’s sustained market stronghold for over 80 years in the industry. The US-based company is renowned for introducing to the market the world’s first UPS for personal computers and the world’s most trusted surge suppressor, the Isobar, with more than 15 million units used worldwide. The company recently introduced some of its latest UPS systems, which boast of advanced features essential for 24/7 business continuity and disaster recovery management.
“Our operations in the Middle East have been traditionally successful with 3 phase Mission Critical applications addressing Utilities, Manufacturing, and Real Estate Malls. The modular system with battery expansion facility and hot sync parallel redundant systems is guaranteed and will never let the customer down. These diesel generator compatible systems are tested for high efficiency mode and are available with dual power input facility, which enable hot stand by for fault tolerance. Unlike others, our UPS systems come with user-friendly software installations for AS400 & remote management. We are further boosting our UPS systems range in 2007 and will come up with the next generation of midrange UPS solutions tailored to the regional environment,” concluded Sharma.
Tripp Lite has the biggest ready-to-ship inventory in the industry with over 1,000 products including UPS systems, surge suppressors, line conditioners, power inverters, KVM switches, cables and connectivity products, power strips and PDUs, notebook accessories, rack systems and network management accessories. Headquartered in Chicago, Illinois, it maintains a global presence with fully-staffed offices worldwide.
Tripp Lite quality products provide increased reliability and protection to PC workstations, network file servers, telephone systems, point-of-sale terminals, audio/video systems and laboratory equipment. Tripp Lite recently received ISO 9001 certification for the highest standard of design, manufacturing, distribution, marketing and service excellence. Eighty-five years after it began, the Tripp Lite marketing effort now spans the globe with shipments to more than eighty different countries worldwide
|
| |
Source: DubaiCity.com |
news |
| |
Email this article | Printer Friendly Version |
|
 |
| |
|
|
|
| Current Events |
 |
|
| DubaiGetaway |
 |
|
| Featured Links |
| |
|
|
|