Netzsch has announced that for the second time since 2011, it will be presented with a highly appreciated best practices award by Frost & Sullivan. In its motivation statement, Frost & Sullivan explains that the 2014 Global Product Leadership Award in Progressive Cavity Pumps for Oil and Gas was issued by evaluating total client experience and strategy implementation excellence using a scorecard, including 10 benchmark criteria for both product leadership and management culture, which has set Netzsch apart from the other companies in the field.
Frost & Sullivan recognises that the dynamics within the oil and gas industry are constantly changing. Innovativeness, uniqueness, customer values and matching the needs of the end customers are the key ingredients for success in this highly competitive market. To gain market share, pump manufacturers must introduce new and better technology to replace existing inefficient technology in the oil and gas industry. Vision alignment, operational efficiency, and positive company culture will nurture the existing talent within the company to manufacture high-performance, high-quality and reliable products. Netzsch has been in the progressive cavity pumps market for more than 60 years, and Frost & Sullivan finds that close partnerships with end users have given the company the knowledge of various processes, which led it to design a suitable product that meets all of the end-user requirements, as well as in upstream as mid- and downstream applications.
Oil and gas is a critical process industry, as it cannot afford downtime. Hence, the reliability and quality of a pump play important roles in ensuring that the process is problem-free. Frost & Sullivan analysis confirms that Netzsch offers products that are highly reliable and dependable. Moreover, the company uses advanced testing facilities to ascertain that all pumps perform satisfactorily before they are installed on site.