Frost & Sullivan Recognizes MIOX Corp. for ‘Robust Product Line Strategy’
Award recognizes extent to which product line meets customer base demands and overall impact in terms of customer value
Based on its recent analysis of the onsite hypochlorite generation (OSHG) technology market, Frost & Sullivan recognized Miox Corp. with the 2010 North American Frost & Sullivan Award for Product Line Strategy. The municipal water treatment market is experiencing a paradigm shift, identifying safety and the ability to provide cost-effective treatment solutions as current areas of concerns, the firm said. For municipal end users that utilize bulk hypochlorite systems for treatment, OSHG technology solutions are the cost-effective and safe alternatives. Miox Corp. is well positioned in the marketplace with a strong product line composed of small-scale, mid-range and full-scale systems, according to Frost & Sullivan.
"The success of four major product lines that cover the three product sizes allows Miox Corp. to address the treatment needs of both industrial and municipal end users, with varying volume capacity expectations," said Frost & Sullivan Research Analyst Eric Meliton. "If increased awareness for public and employee safety and environmental sustainability initiatives continue, Miox will experience strong growth in this industry segment in the future."
Miox Corp.'s small series hypo system (HYPO-10 and HYPO-20) is the top seller for the company and is especially intended for small well sites, small-scale commercial and industrial facilities and residential and recreational aquatic centers. The VAULT on-site generator system (VAULT H25, H50, H75, H100) provides hypochlorite generation for small- to midsize systems (ranging in capacity from 25 to 100 lb/day) and offers modular capacity increments for the markets it serves. Its self-cleaning and automatic flow control features make it virtually maintenance free, which removes cost for industrial and municipal facilities.
In the midsize range, the RIO series (RIO H1, H2, H3, H4 and H5) is popular in modular applications and is utilized by small to mid-sized municipalities, well water treatment applications, raw water applications and industrial facilities such as bottling and beverage facilities. Finally, the large-scale RIO Grande series is ideal for larger municipalities and high-volume industrial manufacturing facilities.
Partnerships with engineering, procurement and construction (EPC) firms have allowed Miox Corp. to maintain exposure within the OSHG technology marketplace, as the competitive marketplace is quite small. Acceptance of Miox Corp.'s OSHG technology product lines depends on offering competitive returns on investment, providing a solid list of product features and capabilities, improving operational efficiency and energy use, and by maintaining a solid vendor reputation--which influences procurement by both end users and EPC firms.
"Municipalities and industrial end-users are slowly becoming more aware of the benefits of OSHG technology, inclusive of ROI, energy optimization, safety, security, and lower risk in comparison to bulk hypochlorite systems and conventional chlorine gas applications," Meliton said. "As this awareness continues throughout both segments of the industry, more end users will seek out alternatives, and Miox Corp. is well positioned to address the needs for all capacity requirements."
Each year, Frost & Sullivan presents this award to the company that has developed a comprehensive product line that caters to the breadth of the market it serves. The award recognizes the extent to which the product line meets customer base demands and the overall impact it has in terms of customer value.
Frost & Sullivan's 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 interviews, analysis and secondary research in order to identify best practices in the industry.