The willingness to embrace new technology and methods are traits prominently featured among this year’s prestigious CIO Asia CIO 100 and Awards honourees.
The doom and gloom of the global economy in 2009 now seem to be a distant memory. Indeed, the growing confidence about market recovery was reflected in the ‘State of the Asian CxO 2010’ study held late last year.
Indicating their management priorities for 2011, surveyed CIOs in the regions ranked ‘increasing enterprise efficiency’ as the number two spot, while ‘controlling costs’—a focus in the recent financially unstable times—slipped to number three.
Apparently, this new-found assurance has resulted in companies who have the daring to take on new ideas. At the CIO Conference held in Singapore in March, all five CIO Awards winners said the secret to their successful projects was their willingness to experiment on new technology.
Power of the Cloud
Mumbai-based bus transport specialist RedBus.in showed stern stuff when it moved its traditional and paper-based business completely onto the public cloud. For its efforts, it was recognised as one of the CIO Award winners. It was also the first time that a project implemented on a public cloud has won an Award.
The CIO Awards winners – selected by a panel of independent judges from a ‘Roll of Honour’ short list, the CIO 100 2011 Index - are Singapore’s Land Transport Authority (LTA), Standard Chartered Bank, and three companies from India; Mahindra and Mahindra Financial Services (Mahindra Finance), Marico and RedBus.in.
The judging panel was impressed by Mahindra Finance, Marico and Standard Chartered, all who were willing to experiment and introduce mobile devices and new applications to their business.
LTA’s unique adoption of analytics to help in strategic urban transport planning won the judges’ acclaim.
This year’s batch of projects has one of the widest varieties of technologies and practices ever, ranging from bold experiments in cloud computing to complete end-to-end re-engineering of business processes and information sharing strategies.
Following the cosmopolitan nature of previous CIO 100 honourees, this year’s set of entries is just as geographically diverse. This year’s tech success index includes organisations from 12 countries, including those as far away as China and India.
The CIO 100 index this year has representatives from banking and financial services, government, healthcare, manufacturing, from the logistics industry, transport, shipping and from telcos and higher education.
As with last year’s CIO 100, banking and financial services enterprises formed the biggest industry group taking up 26 per cent of the honourees. They are followed by the public sector comprising more than 15 per cent of the CIO 100 Index, with manufacturing with 13 per cent, next
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