Frost & Sullivan 2020 Competitive Strategy Leadership Award
Frost & Sullivan uses three key strategic imperatives - new business models, competitive intensity and disruptive technologies - to determine the recipient of the Competitive Strategy Leadership Award in the Global Cloud Industry. Tencent Cloud achieved this award based on a set of criteria which includes competitive differentiation, strategy execution and effectiveness as well as customer experience and more. Respondents of the 2020 Frost & Sullivan Global Cloud User Survey indicated that improving business process efficiency and quality, customer experience and employee productivity are their top strategic business goals. To support companies in achieving these goals, Tencent Cloud has presented multiple initiatives as cited by Frost & Sullivan, including the launch of VooV Meeting, Global Office Access (GOA) and the establishment of 300 edge computing centers, among others. It also helps businesses maintain profitability as well as keeping their customers and employees engaged. Tencent Cloud's achievements of top-level security standards globally and leadership in multiple industries places it in the posiition to change the competitive landscape in the global cloud market, earning it the 2020 Competititve Strategy Leadership Award.