Infosys and Wharton to Salute Excellence in Business Transformation
Call for Nominations of Global 2000 Organizations Making Innovative Use of Technology
Fremont, January 22, 2002 - Infosys Technologies (NASDAQ:INFY) and the William and Phyllis Mack Center for Technological Innovation at the Wharton School of the University of Pennsylvania are joining forces to present the Wharton Infosys Business Transformation Award, to recognize organizations that have transformed their business or industry through the creative application of technology. Cutting across industries, these awards will showcase best practices of using technology to create new paradigms and change the way business is done by influencing companies' bottom lines.
The Wharton Infosys Business Transformation Award (WIBTA) has three categories to recognize transformation initiatives that are enterprise - wide, initiatives limited to a location or division, and individuals who have been key drivers of the use of technology as a transformation tool. There will be two winners in each category.
Applications will be judged by a panel that includes thought leaders such as Esther Dyson, Chairman of EDventure Holdings, Sir Paul Judge, Chairman, Schroder Income Fund, N. R. Narayana Murthy, Chairman and Chief Executive Officer, Infosys Technologies and Dr. Harbir Singh, Co - director of the Mack Center and Chairperson of Wharton's Management Department. The panel also includes industry leaders such as Michael Eskew, Chairman and CEO, United Parcel Services (UPS), and David Boyles, Group Managing Director, Technology and Services, Australia and New Zealand Banking Group (ANZ).
The industry judges have considerable experience in successfully applying technology to improve the processes and bottom lines of their respective organizations. To ensure objectivity, industry panelists will not be involved in reviewing or judging applications from their own industry.
"Technology has the power to drive innovation and create new ways of doing business. Because of this, technology will be the cornerstone for the enterprises of the future - without it they will cease to function," said N. R. Narayana Murthy, Chairman and CEO, Infosys Technologies. "We hope this award program will serve as a catalyst for organizations to look at ways in which they can use technology to transform through increased process efficiencies, enhanced customer relationships, or competitive advantages driven by unique technology - enabled business models."
"As an educational leader, the role of Wharton and the Mack Center is to help companies manage technological development and innovation," said Patrick Harker, Dean of the Wharton School. "We are pleased to join with Infosys to create this award, in order to further that mission and to have a lasting impact on the global business community."
Awards will be based on the level of innovation, thought leadership and transformational results represented by the entry and will be presented in May 2002. Winners based outside North America will be recognized at a special ceremony during a gala dinner at Chateau de Versailles, as part of the Wharton - INSEAD Economic Forum 2002 in Paris on May 16. Award winners from North America will be honored at an invitation - only conference to be held in New York on May 21.
Nominations are now open and invited from individuals and organizations. Please visit http://www.wibta.com for more information on how to submit a nomination. Self - nominations are encouraged. The deadline for nominations to reach Infosys is March 1, 2002.