Congratulating the winners, Mr. Som Mittal, President, NASSCOM, said, “The Innovation Awards were instituted to enable the Indian IT industry to set new standards for business and people practices. Each year, the winners present a fresh perspective on how innovation can be integrated into the growth of the industry. NASSCOM is committed to create an innovation ecosystem in India and encourage the use ICT for inclusive growth of the society.“
Each year, NASSCOM recognizes organizations within the IT-BPO industry that have embraced innovation to grow within their domains of specialization and differentiate themselves from peers. Organizations are acknowledged for the pioneering steps they have taken in the areas of market facing innovation, process innovation, and new technology advancement. This time around too, the Innovation Awards have been conferred on a number of leading organizations.
About NASSCOM
NASSCOM (www.nasscom.in) is India's National Association of Software and Service Companies, the premier trade body and the chamber of commerce of the IT software and services industry in India. NASSCOM is a global trade body with over 1300 members, of which over 250 are global companies from the US, UK, EU, Japan and China. NASSCOM's member companies are in the business of software development, software services, software products, IT-enabled/BPO services and e-commerce. NASSCOM has been the strongest proponent of global free trade in India.
NASSCOM is committed to work proactively to encourage its members to adopt world class management practices, build and uphold highest quality standards and become globally competitive. In India and around the world, NASSCOM members are participants in the new global economy and are reputed for their cutting-edge business practices and social initiatives.
About NASSCOM Innovation Awards
The NASSCOM innovation awards were introduced in 2004. Ninth in the series this year, the award serves as a benchmark for the industry to capture the innovation journey of India across Indian and multinational organizations. The awards recognize companies that have made innovation a part of their organizational DNA, and used the innovation engine to reinvent their processes, marketing and product development strategies. The award categories include:
Technology Innovation
The technology innovation category recognizes the implementation of a technology which is new to the company or client’s industry of operation. These include innovations in software or hardware that the company has developed for a new business application or as part of an existing solution.
Process Innovation
The category includes innovations that have demonstrated significant improvement in efficiency / effectiveness of internal production or delivery processes, including techniques, equipment and / or software. These could also comprise of solutions that have been implemented at the company itself or by clients. The impact is judged based on improved workforce productivity, process times, quality, or improved utilization of resources.
Business Innovation
This category covers customer facing or market facing products / services that have created customer value through modification of its existing structure or operating model. The innovation must impact the company’s own business, client’s business or even society in general.
About the winners
Category: Technology Innovation
Winner- Vigyanlabs Innovations Private Limited
Innovation: Intelligent Power Management-Application Sensor Technology
• The technology provides real time information on IT infrastructure performance and its correlation with power, helping in IT Optimization, Decision Making and Data Centre Consolidation
• By reducing the time taken for conducting IT hardware and software audits it ensures the availability of near real time IT inventory data
• The sensor provides in-depth management reporting and asset monitoring capabilities across a wide range of devices and provides a real-time dashboard of enterprise-wide power consumption and power saving including CO2 footprint reduction
Runners up: Intuit Inc.
Innovation: txtWeb
• txtWeb enables users to easily retrieve information or invoke services on the go with any mobile phone without an internet or data plan
• No integration effort is needed by a customer other than to expose their web url and link it to a txtWeb keyword
• High impact potential in India which has a very large mobile phone market (900 million subscribers) but relatively small internet penetration
Category: Process Innovation
Winner- Atos India Private Limited
Innovation: Cloud Orchestration
• The innovation is in the form of a solution for establishing reliable data exchange methodology when one cloud needs to invoke a service outside its own technology environment
• It serves as system integration solution for public, private & multi cloud systems connecting cross-cloud applications (or transactions living inside applications) to other applications or transactions
• This enhances the technology leveraging ability of organizations and provides blanket services under different service environments
Category: Business Innovation
Winner: Infosys Limited
Innovation: InfosysEdge
• InfosysEdge is a comprehensive solution that aids the go-to-market strategy of enterprises for brand enhancement, customer loyalty etc.
• InfosysEdge delivers business solutions to business problems through 3 key features:-
1. Guaranteed business outcomes – Every business platform guarantees a measurable impact on top or bottom lines. Customers pay for measurable results and not technology
2. Speed – The platforms will help enterprises get to markets faster and deliver value rapidly
3. Shared destiny – Infosys will share risks and rewards with our customers
Special Recognition: Phoenix IT Solutions Limited
Innovation: mPower Revenue Protection System (RPS) on Cloud
• The mPower Revenue Protection System is a comprehensive solution for identifying revenue leakage and recovering lost money
• The solution finds application in in importing consumer, metering, billing and collection of data from utilities in a pre-defined format. It analyzes the imported data and prepares a list of exceptions that have already resulted in revenue leakages or a potential threat
• It has the potential for substantial social impact by making utility authorities aware about consumer’s consumption habits and helping authorities in designing service improvements
