NEXIQ Technologies, Sterling Heights, Mich., has been presented with a 2001 Frost & Sullivan Business Development Award, highlighting its innovative business model in the remote vehicle diagnostics market.
The award is presented each year to the company that has demonstrated excellence in business development within their industry. According to the study, NEXIQ Technologies is well positioned to capture the remote vehicle diagnostics market in North America with its eTechnician offering. ETechnician combines NEXIQ Technologies' solid position in vehicle diagnostics and OEM relationships with the latest wireless and web technologies. The system provides a telematics infrastructure for remote diagnostics, maintenance, logistics and vehicle connectivity.
In particular, eTechnician was cited by Frost & Sullivan Industry Research Manager Inge Matthey for its scalability, affordability and customization capabilities.
"With eTechnician, NEXIQ Technologies has implemented a unique and attractive business model that allows users to pay a one-time activation fee for the use of the system, while NEXIQ Technologies retains ownership of the hardware. This allows the user to pay a lower fee compared to buying the whole system, and is a great customer relationship management tool for NEXIQ Technologies," said Matthey.
The award is presented each year to the company that has demonstrated excellence in business development within their industry. According to the study, NEXIQ Technologies is well positioned to capture the remote vehicle diagnostics market in North America with its eTechnician offering. ETechnician combines NEXIQ Technologies' solid position in vehicle diagnostics and OEM relationships with the latest wireless and web technologies. The system provides a telematics infrastructure for remote diagnostics, maintenance, logistics and vehicle connectivity.
In particular, eTechnician was cited by Frost & Sullivan Industry Research Manager Inge Matthey for its scalability, affordability and customization capabilities.
"With eTechnician, NEXIQ Technologies has implemented a unique and attractive business model that allows users to pay a one-time activation fee for the use of the system, while NEXIQ Technologies retains ownership of the hardware. This allows the user to pay a lower fee compared to buying the whole system, and is a great customer relationship management tool for NEXIQ Technologies," said Matthey.
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