Unleashing the innovative power of Indian IT-ITES industry (given by NASCOM and BCG)

The term ‘Innovation’ refers to changes to products, services, processes or business models.
In the organisational context, innovation may be linked to performance and growth through
improvements in effi ciency, productivity, quality, competitive positioning, market share, etc.
Future winners will be decided based on their capability to innovate and translate their
innovations into fi nancial results.
Today, India promises more opportunities for innovative technology fi rms, both Indian and
international, than any other country perhaps. On one hand, there is a huge unfulfi lled market in
India’s billion plus population for many products and services, including healthcare, education,
fi nancial services, retail, e-governance, etc. These untapped markets present signifi cant
opportunities for low-cost and innovative IT solutions that may enable lean, cost-effective
and value-creating business models.

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NASSCOM Innovation in IT Awards 2007

The recently released report by NASSCOM and Boston Consulting Group (BCG) called the ‘Innovation Report 2007’, benchmarks the Indian innovation ecosystem with leading innovation ecosystems around the world, and outlines recommendations for developing India’s innovation ecosystem for the country. According to the report focusing on innovation will also allow the Indian IT sector to tap additional revenue streams worth US$ 50 billion by 2012 and ‘NASSCOM’s Innovation Awards’ is a key component of towards realizing this opportunity.

FINALISTS FOR 2007, INNOVATION IN IT AWARDS

• Comat Technologies (P) Ltd
• Financial Technologies India Ltd
• Mango Technologies Pvt Ltd
• MediaLab Asia
• Mindtree Consulting
• Mistral Solutions Pvt Ltd
• MeritTrac Services Private Limited
• Texas Instruments

Read more about the program
Inofrmation about the winners

JEC Group’s 2008 Innovation Awards

The JEC Group’s 2008 Innovation Awards Programme will reward eight companies and their partners on April 1st, 2008, during a special evening at the Louvre Museum.
This year’s categories are Aeronautics & Space, Ground Transport & Automotive, Construction & Equipment, Energy & Industry, Environment, Process, Sports & Leisure, and Software.

Based on criteria for technical significance, marketing potential, originality, financial impact, and partnership complementarity, a jury of 15 international experts chose processes, applications and products that most successfully implemented a composite solution.

The 2008 winners are:more

At SIME Innovation Day

A number of the startups had the opportunity to present themself from the stage. The presentations where limited to 6 minutes, so they had to make their point very concise. And I would say they all did, altough some slides used had quite a lot of text and bullets.


Below is a summary of the companies that made a "6 minutes elevator pitch" from stage. Many more where at the SIME Innovation Day, but I will not mention all of the around 100 companies. Simply to many, but they where all interesting!

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