Wharton Infosys Business Transformation Awards 2003 Honor Innovative Users of Technology
Fujitsu Siemens, ING Direct, Imperial Sugar Company Among the Winners
Bangalore, May 29 2003: Infosys (Nasdaq: INFY) and the Wharton School of the University of Pennsylvania announced the winners of the second Wharton Infosys Business Transformation Awards (WIBTA). These awards recognize visionaries and Global 2000 organizations that use technology creatively to revolutionize their industries. The categories for the awards this year are Organisation-Wide Transformation and Technology Change Leader.
The winners from North America and Asia were recognized at the Hotel Waldorf- Astoria in New York on 28 May 2003 and the winners from Europe and Asia Pacific at Kempinski Hotel Bristol, Berlin on 23 May 2003.
The Imperial Sugar Company from Sugarland, Texas received the Award in the Organisation wide transformation category for transforming the sugar industry. It used web technologies, a then unproven resource, to streamline customer-facing operations and make itself a better company to work with, thus enabling it to gain new customers for what is essentially a commodity product. Fujitsu Siemens Computers and ING Direct Worldwide took home the honors in the sam e category for the European region. The former for overcoming the challenges of organizational change by introducing initiatives to bring out performance improvements and support the change management process, and the latter for using the Internet effectively to build an online banking service that is now transforming a mature industry. The Asia award went to Standard Chartered Bank for their innovative one-stop integrated solution that combines key areas of international trade processes.
"These companies are clearly visionaries and leaders in using technology, but they also have the basic business skills and human talent to implement their vision effectively", said Esther Dyson, chairman of EDventure Holdings and WIBTA panelist. "This has enabled them to differentiate themselves and win new customers despite tough competition and tougher markets."
In the Technology Change Leader category for North America Martin Cooper, chairman, CEO and co-founder of ArrayComm and Daniel Bricklin, chief technology officer for Interland/Trellix shared the honors for their contributions to wireless communications and the PC industry respectively. While Cooper was responsible for conceptualizing personal wireless communication and pioneered one of the most successful cellular billing companies, Bricklin is credited to have brought VisiCalc, the first electronic spreadsheet to the market.
Chuan-zsi Liu, chairman, Legend Holdings, received the award for the same category for the Asia Pacific Region. His contributions to the computer industry helped China's transition to a market economy. The honor was shared in the European region by John Browett, chief executive officer of Tesco.com and Mart Laar, prime minister of Estonia, for their contributions to e-retail business and development of e -governance respectively. Laar, as the prime minister, brought about the development of electronic systems in Estonia to upgrade the country's infrastructure and Browett developed a business process to support the world's largest online home shopping business, making Tesco.com a national leader in the field of online shopping.
"These winners, with their vision and perseverance, showed the world that individuals can use the power of technology to touch and change lives. We salute their spirit of innovation and imagination," said WIBTA panelist David Boyles.
Announcing WIBTA 2003 winners, N. R. Narayana Murthy, chairman of Infosys Technologies Ltd and member of the WIBTA jury said, "Technology has the power to bring in the much needed business transformation. Much progress has happened because of transformation brought about by pioneering individuals and organizations. We are happy that the Wharton Infosys Business Transformation Awards is an instrument for honoring such pioneers."
"The Wharton School is committed to helping manage technological development and innovation," added Patrick Harker, dean of the Wharton School. "We are especially interested in the impact of technology on business. The WIBTA awards bring into sharp focus the huge potential of technology- enabled business models and their impact on business and society."
CNET Networks, Inc , the leading global media company also received a special 'Jury's Recognition Award' in recognition of its use of IT to enhance fundamental offerings, thereby setting standards for the whole industry.
Applications were judged by a panel that includes thought leaders such as Dyson, Sir Paul Judge (Wharton alumnus), chairman, Schroder Income Fund, N. R. Narayana Murthy, Harbir Singh, co- director of Wharton's Mack Center and Edward H. Bowman , professor of Management. The panel also includes industry leaders such as David Boyles, chief operating officer, Australia and New Zealand Banking Group (ANZ), Michael Eskew, chairman and CEO, United Parcel Services (UPS) (Wharton alumnus) and Patty Morrison, CIO of Office Depot.
More details on the jury and the winners are available at www.infosys.com/wibta.