Technology leaders honoured at banquet

Frost and Sullivan made 25 awards at its prestigious 2006 Emerging Technologies Awards Banquet held in Central London.

Frost and Sullivan made 25 awards at its prestigious 2006 Emerging Technologies Awards Banquet held in Central London.

Awards were presented for excellence in technological and product innovation across such diverse fields as homeland security, ambient intelligence, e-mail firewalls, reproductive monitoring and 3G-network technologies.

The companies awarded for Technology innovation are: AltoBridge, Clearswift Limited, AlgoNomics NV, HotSip AB, OrSense, EBI Food Safety BV, EMITALL Surveillance and Glycominds, while Dimaco UK Limited, Eurotech SpA, Convergin, SenseAir, Modulight and Lipid Nutrition BV received recognition for their pioneering product developments.

DxS, Aquanova, MediaCrypt - Nagravison, NICE Systems, Ubisense and Bizanga were commended for their technological excellence.

The 2006 Frost and Sullivan Technology Leadership Award was presented to Siemens AG, Power Transmission and Distribution for their achievements in the field of substation automation.

Mologen Holding AG, Miltenyi Biotec, Astron Clinica and Trig Medical were recognised for their successes in the fields of vector technologies for gene therapy and genetic vaccination, life sciences and pharmaceuticals, skin imaging technology and labour monitoring technologies, respectively.

Delivering the keynote speech on 'Investing in Central Europe - Why Now?', Mr Mathew Hill leading coach, consultant and intercultural trainer for multi-national businesses examined the challenges and opportunities offered by the EU's newest member states.

"Central Europe offers multiple benefits ranging from an educated population fluent in major languages such as English, German and French, good tax incentives and production costs that are often 40 per cent lower than in the west to easy geographical access to numerous economically promising countries together with a prospective consumer base of 130 million people".

However, warning of the perils of the 'invisible culture' of the region, Mr Hill stressed that entrants needed to do their homework and prepare for the challenges ahead.

"Building trust, adapting your message to regional particularities, ensuring a smooth cultural translation from the western to the central and eastern worlds, and exploiting the advantages of well-experienced personnel familiar with change will be vital to capitalising on growth opportunities in central Europe".

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