Ittiam Systems, the Bangalore-based technology product company which is focussed on digital signal processing, has emerged as the world's most preferred supplier of DSP-based intellectual property (IP) in both software and hardware categories in the DSP Professionals Survey 2004, conducted by Forward Concepts, USA. |
"The finding is significant in more ways than one. It indicates the value our customers see in Ittiam. It reaffirms our progress towards Ittiam's founding vision of being one of the leading DSP systems companies in the world," Srini Rajam, chairman and chief executive officer, Ittiam Systems, said. |
Forward Concepts is a premier market research company specialising in DSP and related segments. It has been covering the markets for DSP in the semiconductor and end equipment industries over several years. |
In 2003, Forward Concepts introduced a special coverage for the DSP IP market segment in the software and hardware space. This new initiative underlines the growing demand and importance of independent IP suppliers. |
The survey indicated that three times the number of professionals chose Ittiam over its nearest competitor for DSP software IP and nearly one and a half time times its nearest competitor for DSP hardware IP. |
According to Will Strauss, president and founder of Forward Concepts, "An early identification of the market with a committed follow through by the company (Ittiam) has gone a long way in achieving this difficult recognition." |
Within three years of starting-up, Ittiam made its way to the first ever preferred DSP IP supplier survey conducted by Forward Concepts last year. |
Ittiam Systems operates through its network of offices and representatives around the world. It customers include Fortune 100 companies and are distributed across USA, Europe, Japan and Asia. |