Excerpt from:  Small Business Virtual Office Tips
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August 19, 2007

Business Opportunities: Global Applied Innovation Awards 2007

Still time to enter your innovations that help improve business outcomes

If you consider yourself an innovator, then you might want to enter yourself in a contest that recognizes your talents and abilities. But you don’t have much time left. Wipro Technologies, the global IT services business of Wipro Limited announced that you still have time to enter the institution of the "Applied Innovation Awards for Business Excellence" - a global innovation award in partnership with the International Association of Outsourcing Professionals (IAOP) and Information Technology Association of America (ITAA).

The Applied Innovation Awards seek to recognize innovations that infuse newer ideas and newer ways of doing things into all parts of the organization, and improve business outcomes, often without major disruptive change. The Innovations should have been matured in an environment of collaboration such as co-innovations, global sourcing or business transformation.

Michael Corbett, Chairman, IAOP said, "This prestigious award program will reward and recognize innovative outsourcing outcomes by global companies and individuals."

Phil Bond, CEO, ITAA said, "As ITAA works to advance an agenda for innovation at the grassroots, national and global levels, we believe it's important to recognize the real innovators. This is about the game changers, the leaders who have harnessed the power of collaboration and global delivery to benefit their customers, investors and the American economy."

Jessie Paul, Chief Marketing Officer, Wipro Technologies said, "We believe competitive advantage is achieved by a business model that encourages innovation combined with rigorous processes. This award is our effort to show their application of innovative technology drives business growth. With this Award, we hope to highlight practical examples of innovation in the business environment. We are pleased to have IAOP and ITAA partner with us in this quest to recognize and award innovation."

Honorees and finalists will be recognized in each of the following innovation categories:

1. Innovations (Organization)
   a. Process Innovation
   b. Business Innovation
   c. Delivery Model Innovation
   d. Service / Product Innovation

2. Innovator of the year (Individual)

Deadline for the nominations is 11:59 p.m. (EDT), Friday August 31, 2007. The independent jury will include members from IAOP, ITAA, Erehwon Innovation Consulting and other independent thought leaders and innovation experts. The awards are open only for end-user companies and vendors do not qualify to apply.

The winners will be announced at the "Wipro-Forbes Innovation Conference and Awards Night" on 23rd October 2007 in New York. Winning case studies will be featured on Applied Innovation site on Forbes.com and across the websites and other thought leadership channels of ITAA and IAOP.

Erehwon Innovation Consulting is the awards knowledge partner and will manage the nomination and application process, screening and short listing of finalists in collaboration with the jury. Forbes.com is the media partner for awards.

For more information on the award and to download the nomination form. visit http://www.wipro.com/ai/aiawards


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