|By PR Newswire||
|April 8, 2014 07:10 AM EDT||
LONDON, April 8, 2014 /PRNewswire/ -- Based on its recent research on the automotive polyetheretherketones (PEEK) compounds market, Frost & Sullivan presents Victrex with the 2013 European Customer Value Leadership Award. Victrex has an extensive range of PEEK compounds designed to deliver improved performance in aggressive environments in the automotive industry. The premium VICTREX® WG™ family of products has successfully addressed a number of customer requirements such as higher efficiency and improved durability by offering a lower coefficient of friction and reduced wear, all of which remain critical in under-hood applications.
The company has been striving to enhance customer value through its relentless technical support, quality assurance, and product customisation. With a strong resin manufacturing capability to support its tailor-made offerings, the company leads the way within the European automotive PEEK compounds applications.
Replacing metals with plastics
Victrex's PEEK compounds have successfully replaced metal in the most challenging applications, as its development process involves a systematic approach that involves well-informed material selection, as well as design and development support. By partnering with customers and by offering consulting services in the development phase, subsequently solving production challenges as well as extending after-sales support, Victrex truly adds value to its clients' business.
"Owing to the dynamic regulatory trends aimed at reducing emissions and improving fuel efficiency, automotive manufacturers are moving towards smaller engines with improved power output and higher efficiency transmissions," said Frost & Sullivan Research Analyst Soundarya Shankar. "VICTREX® PEEK polymer thermoplastics are ideal in this environment, as they have been designed to withstand wide temperature ranges and sustain prolonged operating conditions. They also perform efficiently in aggressive environments resulting in reduced maintenance."
Victrex helps industry to put challenging applications into practise
In addition to offering new products, Victrex has been striving to deliver improved value to its customers. In automotive applications the lightweight and reliable high performance thermoplastics help to reduce costs and emissions, while increasing efficiency. The over-mouldability of VICTREX® PEEK polymers reduces the conventional assembling processes speeding up production and reducing system costs.
Furthermore, Victrex´s fully integrated resin manufacturing capabilities not only support product customisation but also strengthen technical know-how to help customers during development and deployment.
Victrex's close relationship with OEMs and component manufacturers in understanding material requirements has helped the company establish a strong customer base in the market. In addition, the company focuses on partnering with plastic moulders and extruders. Ms Shankar adds: "High performance polymer (HPP) compounds are used in critical applications for metal replacement. To facilitate a smooth transition from metal to plastics in critical applications Victrex is partnering with plastic moulders and extruders who have sound technical capabilities."
Reduction of processing costs and part-to-part delivery
Victrex's PEEK polymers have been designed to address the most stringent material requirements in the automotive industry. For instance, in a testing procedure, Victrex's PEEK polymers retained their original stiffness, tensile, and impact strength after 5,000 hours of use while competing high-performance materials, such as heat-stabilised polyamides and PA 46 grades showed degraded material performance after similar procedures. Furthermore, PEEK polymers can be used on standard injection moulding machines, thus helping customers reduce processing costs and part-to-part variability.
Victrex has a global team of engineers who support customers in handling production challenges and processing needs. It has a strategic customer support model that focuses on high-level customer engagement during product development and after-sales service programs.
Understanding the importance of timely delivery of products
"Another aspect in which Victrex has significantly differentiated itself from its competitors is its supply security. The company has a strong record of prompt supply, even during tough economic times, when there were significant supply shortages in the market," noted Ms Shankar. "This has been possible through a robust model for lead capacity management. Understanding the importance of timely delivery of products in the automotive industry, Victrex maintains a maximum lead time of five to seven days for standard products across the globe."
The company's continuous efforts to strengthen customer relationships by solving their design, development, and processing challenges have ensured success in the marketplace.
Each year, Frost & Sullivan presents this award to a company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. The award recognises the company's inordinate focus on enhancing the value that its customers receive, beyond simply good customer service, leading to improved customer retention and ultimately customer base expansion.
Frost & Sullivan's Best Practices Awards recognise 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.
Victrex is an innovative world leader in high performance polymer solutions, serving a diversified range of markets from aerospace and automotive to electronic devices, oil & gas operations and medical devices. Every day, millions of people rely on products or applications which contain Victrex´s thermoplastic polymer solutions.
With over 35 years' experience, Victrex is the world's leader of high performance polyaryletherketone (PAEK) solutions such as VICTREX® PEEK, VICOTE® Coatings, APTIV® Film and VICTREX Pipes™. These materials offer an exceptional combination of properties to help OEMs, designers and processors reach new levels of cost savings, quality, and performance.
Victrex is investing in application and technology leadership to deliver new solutions to customers and markets. The company has continuously expanded its product range, applications and production capacity at its headquarters in Thornton Cleveleys in Great Britain, where the global production is located, too.
All Victrex material production comes under Victrex's ISO 9001:2008 quality registration. For its environmental management system at the British manufacturing site Victrex is certified according to ISO 14001:2004. The certificate covers the manufacture of VICTREX PAEK polymer compounded pellets consisting of polymers and fillers, from production of pellets to dispatch.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Marketing Communications Europe
Victrex Europa GmbH
T: +49 (0) 61 92 / 96 49 19
E: [email protected]
Frost & Sullivan
T: +44 (0) 207 915 7862
E: [email protected]
SOURCE Frost & Sullivan
"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software, in this SYS-CON.tv interview at DevOps Summit at Cloud Expo®, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
May. 25, 2015 03:45 AM EDT Reads: 6,046
The truth is, today’s databases are anything but agile – they are effectively static repositories that are cumbersome to work with, difficult to change, and cannot keep pace with application demands. Performance suffers as a result, and it takes far longer than it should to deliver new features and capabilities needed to make your organization competitive. As your application and business needs change, data repositories and structures get outmoded rapidly, resulting in increased work for applica...
May. 25, 2015 03:30 AM EDT Reads: 2,676
Docker offers a new, lightweight approach to application portability. Applications are shipped using a common container format and managed with a high-level API. Their processes run within isolated namespaces that abstract the operating environment independently of the distribution, versions, network setup, and other details of this environment. This "containerization" has often been nicknamed "the new virtualization." But containers are more than lightweight virtual machines. Beyond their small...
May. 25, 2015 03:15 AM EDT Reads: 6,002
Grow your business with enterprise wearable apps using SAP Platforms and Google Glass. SAP and Google just launched the SAP and Google Glass Challenge, an opportunity for you to innovate and develop the best Enterprise Wearable App using SAP Platforms and Google Glass and gain valuable market exposure. In his session at @ThingsExpo, Brian McPhail, Senior Director of Business Development, ISVs & Digital Commerce at SAP, outlined the timeline of the SAP Google Glass Challenge and the opportunity...
May. 25, 2015 03:00 AM EDT Reads: 4,848
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo – to be held June 9-11, 2015, at the Javits Center in New York City, NY – is now accepting Hackathon proposals. Hackathon sponsorship benefits include general brand exposure and increasing engagement with the developer ecosystem. At Cloud Expo 2014 Silicon Valley, IBM held the Bluemix Developer Playground on November 5 and ElasticBox held the DevOps Hackathon on November 6. Both events took place on the expo fl...
May. 25, 2015 03:00 AM EDT Reads: 3,299
Enthusiasm for the Internet of Things has reached an all-time high. In 2013 alone, venture capitalists spent more than $1 billion dollars investing in the IoT space. With "smart" appliances and devices, IoT covers wearable smart devices, cloud services to hardware companies. Nest, a Google company, detects temperatures inside homes and automatically adjusts it by tracking its user's habit. These technologies are quickly developing and with it come challenges such as bridging infrastructure gaps,...
May. 25, 2015 02:45 AM EDT Reads: 6,537
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...
May. 25, 2015 02:30 AM EDT Reads: 5,492
A new definition of Big Data & the practical applications of the defined components & associated technical architecture models This presentation introduces a new definition of Big Data, along with the practical applications of the defined components and associated technical architecture models. In his session at Big Data Expo, Tony Shan will start with looking into the concept of Big Data and tracing back the first definition by Doug Laney, and then he will dive deep into the description of 3V...
May. 25, 2015 02:30 AM EDT Reads: 1,843
NuoDB just introduced the Swifts 2.1 Release. In this demo at 15th Cloud Expo, Seth Proctor, CTO of NuoDB, Inc., discussed why scaling databases in the cloud is challenging, why building your application on top of the infrastructure that is designed with this in mind makes a difference, and what you can do with NuoDB that simplifies your programming model, your operations model.
May. 25, 2015 02:15 AM EDT Reads: 4,275
Hovhannes Avoyan, CEO of Monitis, Inc., a provider of on-demand systems management and monitoring software to 50,000 users spanning small businesses and Fortune 500 companies, has surpassed 1.5 million page views on the SYS-CON family of online magazines, which includes Cloud Computing Journal, DevOps Journal, Internet of Things Journal, and Big Data Journal. His home page at SYS-CON can be found at Montis.SYS-CON.com
May. 25, 2015 02:00 AM EDT Reads: 2,851
As enterprises look to take advantage of the cloud, they need to understand the importance of safeguarding their confidential and sensitive data in cloud environments. Enterprises must protect their data from (i) system administrators who don't need to see the data in the clear and (ii) adversaries who become system administrators from stolen credentials. In short, enterprises must take control of their data: The best way to do this is by using advanced encryption, centralized key management and...
May. 25, 2015 02:00 AM EDT Reads: 4,304
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focu...
May. 25, 2015 02:00 AM EDT Reads: 5,001
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
May. 25, 2015 01:45 AM EDT Reads: 5,308
SYS-CON Events announced today that Liaison Technologies, a leading provider of data management and integration cloud services and solutions, has been named "Silver Sponsor" of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York, NY. Liaison Technologies is a recognized market leader in providing cloud-enabled data integration and data management solutions to break down complex information barriers, enabling enterprises to make sm...
May. 25, 2015 01:30 AM EDT Reads: 5,125
The speed of software changes in growing and large scale rapid-paced DevOps environments presents a challenge for continuous testing. Many organizations struggle to get this right. Practices that work for small scale continuous testing may not be sufficient as the requirements grow. In his session at DevOps Summit, Marc Hornbeek, Sr. Solutions Architect of DevOps continuous test solutions at Spirent Communications, will explain the best practices of continuous testing at high scale, which is r...
May. 25, 2015 01:15 AM EDT Reads: 3,341