HOUSTON and HASSELT, Belgium (October 25, 2017) – TrendMiner CEO and Founder Bert Baeck was presented the 2017 European Frost & Sullivan Award for the company’s visionary leadership and focus on innovation in the European predictive analytics market for process industries. The award was presented at the Frost & Sullivan Best Practices Award Gala held in London on Monday, October 23.

Frost & Sullivan Best Practices Awards recognize 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 to identify best practices in the industry.

"TrendMiner aids a best-in-class 40 percent improvement in plant resources efficiency through its process and asset data analytics capabilities," noted Senior Research Analyst, Sharmila Annaswamy. "It is one of the few market participants to offer fast diagnostics that are not Excel-based and, importantly, its patent-pending pattern recognition software for predictive situations delivers optimal price-performance value."

For its visionary leadership and focus on innovation-led growth, Frost & Sullivan is pleased to present TrendMiner with the 2017 Frost & Sullivan Award for Entrepreneurial Company of the Year. Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in devising a strong growth strategy and robustly implementing it.

Baeck, along with TrendMiner CFO Mario Van Gasse, attended the gala and accepted the award on behalf of the company. “Being named winner of the Frost & Sullivan Best Practices Award is an incredible honor,” commented Baeck. “Frost & Sullivan’s recognition is also supported by our customers. Based on proven multi-million value cases our customers rapidly implement our software globally.”

The award recognizes TrendMiner’s strength in terms of innovation in products and technologies, leadership in customer value, as well as speed in response to market needs. In short, the award looks at the emerging market players in the industry and recognizes their best practices that are positioned for future growth excellence.

“We differentiate ourselves with a working joint innovation model,” continues Baeck. “Customer intimacy is crucial to support our customers’ digitalization journey and help them transform their organization. This is directly visible via our doorbell chat, but also by aligning the digital roadmap of our customers with our roadmap and innovations. For keeping our customers highly competitive in their markets, more innovations will be brought to market soon.”