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June 21, 2002 — (WEB HOST INDUSTRY REVIEW) — Verio (Verio.com) announced yesterday that it has won the prominent Frost & Sullivan Market Engineering Award for its market share leadership and excellence in serving the small-to-medium-sized enterprise Web hosting market.
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The consulting firm awarded the honor to Verio for retaining a solid 23.5 per cent market share in the SME category, representing a significant lead over its closest competitor.
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The Frost & Sullivan award also accounted for excellence in the identification of market challenges, drivers and restraints as well as strategy development and methods of addressing such market dynamics.
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Frost & Sullivan, in choosing the award recipient, tracked competitor revenue and market share by interviewing all major market participants and extensive secondary research of proprietary data sources.
