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Elico Commended by Frost & Sullivan for Leveraging IoT to Grow in the Laboratory Analytical Instrumentation Market
"In spite of being a Tier III company in the electrochemistry, spectroscopy, and mass spectrometry product segments, Elico is well positioned to compete against Tier 1 vendors due to its use of IoT," said Sujan Sami , Program Manager. "IoT is still an emerging concept in the laboratory analytical instrumentation segment, which gives Elico an early-mover advantage."
Meanwhile, the company's focus on R&D has enabled it to own several patents. The government sector is one of its key end-user segments, but it is looking to expand its customer base in the long term with the offer of hyphenated products.
"Despite being a regionally focused company, Elico has been able to create a brand image for itself with its broad product portfolio," noted Sami. "It has the opportunity to build on this brand image and expand globally through partnerships."
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ELICO Ltd is a leading Analytical Instruments Design & Manufacturing Company established in 1960 headquartered in Hyderabad, India . Over the decades it achieved leadership in developing indigenous Analytical Instruments in Electrochemistry, Spectroscopy, Chromatography with a strong Intellectual Property Rights base. Apart from instrument development and manufacturing. ELICO provides R&D and Manufacturing Services to Global Analytical Instrument Companies, supported by a strong base of quality system certified for ISO 9001, ISO14001 & ISO 27001 standards
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