With the Frost & Sullivan Awards, the international management consultancy Frost & Sullivan honours enterprises, organisations, corporate divisions and business units which have delivered the best results in their respective sectors with their services. The factors taken into consideration in their assessments include a company's performance-oriented strategy, problem-solving capability, customer and service orientation, commitment and implementation of innovative, long-term and sustained strategies, all of which highlight the significant contributions made by the prize-winners to progress and growth in the global market and competitive environment.
The teams of analysts at Frost & Sullivan, deployed a complex in-house research methodology in their work leading to the award of the "2016 Latin American Bus and Coach Chassis Price/Performance Value Leadership" prize. The ten assessment criteria include the critical judgement of such price-performance attributes as technology leadership, functionality, product and service quality and reliability. Additional factors include the perceived added value of the product coming out of surveys of customers, suppliers and bodybuilders, the experiences of the bus and coach operators in respect of procurement and operating cost analyses, the servicing and services on offer and the brand value. Daimler Buses Latin America was a clear winner in at least six areas of the analysis.