Palo Alto, Calif. — June 27, 2006
— Frost & Sullivan recognized ShoreTel with the 2006
Frost & Sullivan Award for Market Penetration Strategy based
on its focused efforts and significant accomplishments in
the North American enterprise telephony system market.The
telephony market has been historically dominated by
traditional telephony and IP stalwarts. Yet, ShoreTel
possesses the reputation of currently being the fastest
growing vendor in this highly competitive market.
ShoreTel’s leverage in the market is its start from a
"clean sheet of paper". The market is inundated with
traditional telephony vendors that have tacked on IP
capabilities and data-centric vendors that worked backwards
to tack on telephony capabilities. ShoreTel has designed its
solution with specifically IP-centric telephony in mind.
Thus, compared to many incumbent suppliers, ShoreTel offers
price competitiveness and ease of system installation,
management and use.
ShoreTel’s product fills the requirement for customers
with a need for economic distributed communications across
multiple facilities. One of ShoreTel's major strengths is
its superior product architecture that delivers reliability
well beyond competitive alternatives with no single point of
failure. A unique capability of ShoreTel’s system is that a
single product targets small businesses all the way up to
large businesses with 10,000 employees.
"Having a distributed approach, ShoreTel offers the
perfect solution to businesses that need efficient
multi-site solutions," says Frost & Sullivan Research
Analyst Krithi Rao. "Further, ShoreTel is able to succeed
due to its superior return on investment based on
competitive capital costs and dramatically lower operating
and administration costs.
ShoreTel’s IP telephony system delivers feature-rich IP
PBX functionality across an entire organization of 10 to
10,000 employees while also providing key system emulation
to branch offices, all integrated into a single
enterprise-wide platform. Most competing vendors have not
focused on the "key system" functionality in their IP-PBX
line.
The company also has an excellent distribution method. It
sells and services the ShoreTel product through selected
channel partners around the globe. As part of its Lifecycle
Support Model, ShoreTel partners sell, install and support
the product with ShoreTel supporting them. This also
includes a major accounts program to service and support
those customers with geographically dispersed location
requirements.
Finally, one of ShoreTel’s best practices that has
enabled the company to display explosive growth in a highly
competitive market is its customer-centric business model.
The company continually measures customer satisfaction based
on objective in-depth customer interviews by an independent
third party. ShoreTel employee bonuses, starting from the
CEO, are directly tied to customer satisfaction, and the
company rewards its channel partners who provide top-notch
service and support to their customers.
"ShoreTel has demonstrated that it fully understands the
value of developing an eco-system to survive in the North
American enterprise communications market and compete with
communication giants that have end-to-end solutions of voice
and data," says Rao. "Accordingly, to ramp up its offerings,
ShoreTel has developed partnerships with Extreme Networks,
Foundry and Juniper – IP network infrastructure providers –
to deliver complete voice and data solutions to its
customers."
As a result, ShoreTel is likely to continue to increase
its presence in the enterprise telephony market with its
feature rich and easy to manage product portfolio, growing
customer base, strategic alliances, high customer
satisfaction levels, and growing brand name recognition.
Each year Frost & Sullivan presents this Award to
a company that has demonstrated excellence in capturing
market share within its industry. The recipient has
demonstrated strategic excellence in product innovation,
marketing, and sales strategies that have resulted in the
largest gain in market share over the past 2-3 years.
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.
About ShoreTel
ShoreTel is the fastest growing IP PBX company worldwide
and the leader in customer satisfaction. The company has
shipped its groundbreaking solutions since 1998 and
continues to outpace the rapidly expanding VoIP market with
technological advances and sales that are doubling year over
year. ShoreTel voice systems are designed to make businesses
smarter, setting new standards for usability and
manageability while reducing telecommunications costs. A
uniquely distributed architecture extends enterprise-class
voice services to every office and outpost, keeping
employees fully connected wherever they go. A select,
worldwide group of channel partners provide top-notch
service and support. For more information, visit
http://www.shoretel.com/ or call 1-877-80SHORE
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company,
has been partnering with clients to support the development
of innovative strategies for more than 40 years. The
company's industry expertise integrates growth consulting,
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training to identify and develop opportunities. Frost &
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Global 1000 companies, emerging companies, and the
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combines ongoing analysis of markets, technologies,
econometrics, and demographics. For more information, visit
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Contact:
Stacie Jones
210.247.2450
Stacie.jones@frost.com