Frost & Sullivan Best Practices Award Research Methodology

Lucidworks is a San Francisco-based software firm that focuses on enterprise search technology using open source software. Founded in 2007, Lucidworks has been the recipient of a number of awards, including the Frost & Sullivan Entrepreneurial Company of the Year Award in 2012.

An international research and consulting firm, Frost & Sullivan strives to help their client organizations achieve transformational growth and business success. The Entrepreneurial Company of the Year Award is one of several honors that constitute Frost & Sullivan’s Best Practice Awards, a series of awards that recognize excellence in business areas, such as technological innovation, customer service, and leadership.

Prior to receiving a Best Practice Award, candidates are evaluated using Frost & Sullivan’s 360° Research Methodology™, an evaluation platform that helps the awards team identify high performing companies. This platform integrates seven different research disciplines, including a company’s understanding of the market, the economy, and their finances. The methodology also incorporates interviews with industry leaders and analysis of each candidate using the best-practice criteria.

Further information regarding the Best Practices Awards and the candidate evaluation process can be found at ww2.frost.com.