Siemens PLM Software was conferred the Growth Strategy Leadership Award for PLM at the recently held '2007 Frost & Sullivan India ICT Awards' at JW Marriott, Mumbai.

While presenting the award, Dr. T.R Madan Mohan, Director (Consulting), ICT Practice, Frost & Sullivan, South Asia and Middle East said, "Siemens PLM Software has been selected based on the depth of products offered to existing/new clients and significant market growth by increased licensing for existing customers and new customers acquisitions in 2006-07. With extensive partner network for deployment and a focused SMB strategy, it has seen higher adoption across verticals."

According to Narendar Reddy, Vice President and General Manager, India Operations, Siemens PLM Software, "We are honoured that Frost & Sullivan has selected us to receive such a prestigious award. To be recognised with this award is a testament of our market leadership, built on a portfolio of market-leading PLM solutions and a strong sales and support infrastructure combined with strong partners' presence covering 50 cities in India. We will continue to strive for greater growth and success and stay committed to help our customers gain greater business value from our products and solutions."