Wed, 29 Apr 2020 7:00 am
PITTSBURGH--Evoqua Water Technologies, an industry leader in mission-critical water treatment solutions, today announced that it has received the 2020 Frost & Sullivan Global Company of the Year Award in the Global Water Technologies category. The company was honored because of its robust revenue growth, dual-pronged approach to solutions and services, comprehensive customer-centric strategy, cutting-edge technological advancements, and strong overall performance in the market.
Frost & Sullivan’s Company of the Year Award honors leading industry participants that demonstrate excellence in growth, innovation, and leadership. This distinction, according to the firm, typically translates into superior performance in the following three key areas: demand generation, brand development, and competitive positioning. In addition, the winner delivers on the following two factors that define the Company of the Year Award: visionary innovation and performance and customer impact.
“Anchored by more than a century of experience, Evoqua regularly evaluates its strategies and processes in service of its key focus: transforming water and enriching life. To this end, the company streamlined its organizational structure into two segments—Integrated Solutions and Services and Applied Product Technologies—which leverage technological expertise to provide solutions across the entire water cycle, from influent to effluent,” said Fredrick Royan, Vice President-Research, Sustainability and Circular Economy at Frost & Sullivan. “To ensure it continually serves the market with relevant technologies, Evoqua stays abreast of current and emerging challenges and alters its product pipeline when necessary. With its Water One® platform, Evoqua strengthens its predictive maintenance foundation with Internet of Things technology, delivering real-time analytics and remote monitoring capabilities that differentiate it from the competition while delivering unmatched value to customers.”
“Proper access to and the utilization of safe, clean water continues to be a challenge for organizations and municipalities across the globe,” said Evoqua CEO Ron Keating. “Our team, at Evoqua, delivers a tremendous amount of technology expertise, research and hard work to provide innovative and sustainable solutions creating valuable customer experiences to combat these challenges. We’re honored to be recognized for our efforts in each of these distinct areas by Frost & Sullivan as we continue on our journey in providing mission-critical water and wastewater treatment solutions to transform water and enrich life.”
To learn more, please visit Evoqua’s website.
About Evoqua Water Technologies
Evoqua Water Technologies is a leading provider of mission critical water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and recreational customers who value water. Evoqua has worked to protect water, the environment and its employees for more than 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, the company operates in more than 150 locations across nine countries. Serving more than 38,000 customers and 200,000 installations worldwide, our employees are united by a common purpose: Transforming Water. Enriching Life®.
DESOTEC, founded in 1990, is the leading European provider of mobile filtration solutions through a unique and circular service concept, which helps protect the planet by enabling clean water, air, and soil. DESOTEC's customer base is constantly growing thanks to a strong focus on 24/7 service and a commitment to design and deliver the best solution in close dialogue with the customer. Through in-depth expertise of industrial applications and continuous investment in mobile filters, reactivation capacity and well-positioned hubs, DESOTEC ensures that the industry can meet the increasing regulations for a better and cleaner environment. Private equity funds managed by Blackstone acquired DESOTEC in 2021. Further information is available at www.desotec.com.
Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $951 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com.