Innovation Awards

Category Spotlight: Energy Industry Innovation of the Year

Posted by Michael Gallagher on Wed, Jan 14, 2015 @ 06:47 PM

No Entry Fee for This Spotlight on Innovation in Energy Production, Storage, Delivery or Conservation

We've added a new category to The American Business Awards for 2015 called Energy Industry Innovation of the Year.  It's one of the Company/Organization categories, and there's no entry fee for nominations submitted to this category.  Later this month we'll open entries for The 2015 International Business Awards, and that competition will feature this new category as well.

All organizations in the U.S.A. are eligible to enter the ABAs.  All organizations worldwide are welcome to enter the IBAs.  See the master calendar on the Stevie Awards website for schedules and entry deadlines.

Clean_Energy_imageThe topics of energy production, usage, conservation and environmental impact are at the top of all sensible agenda these days.  Solutions may be portrayed as controversial, inconvenient, expensive, insufficient, or otherwise out of bounds, but the fact is that many organizations around the world are doing astonishing things to drive down the cost of energy, capture carbon and other pollutants, harness renewables, and exploit the power of nature.  This category will shine a spotlight on nominated endeavors that are working to meet energy needs while minimizing harm to our shared environment.

Both the ABAs and IBAs in 2015 will recognize achievements made since the beginning of 2014.  Projects nominated in this category need not have been initiated since that time, but entries submitted to the category should focus on achievements and activities since January 1, 2014.

Requirements for submissions to this category (for both the ABAs and IBAs) include the following:

a. An essay of up to 650 words describing the nominated organization's achievements since January 1 2014

b. In bullet-list form (up to 150 words), a brief summary of up to ten (10) of the nominated organization's chief achievements since January 1 2014

c. Optional (but highly recommended), a collection of supporting files and web addresses that you may upload to our server to support your entry and provide more background information to the judges

What type of entry is likely to do well in this category?  An example is that of Newlight Technologies of Irvine, California, which won the Gold Stevie Award in The 2013 American Business Awards for Tech Innovation of the Year. 

Put succinctly, Newlight captures carbon and turns it into usable plastic. 
Read our blog story about them here.
Read the full text of their Stevie-winning entry here.

Will only stories as extraordinary as capturing carbon and turning it into plastic score well with the judges?  Absolutely not.  Over the years many energy-industry stories have won Stevie Awards, and the majority of them simply have been about innovative, well-run companies.

As with any Stevie Awards entry, storytelling is a key to success.  Portraying your achievements in a succinct, compelling way, that will capture the imagination of the judges, is key.

If you're in the energy industries, represent clients in the energy industries, or otherwise work to meet the world's energy needs and environmental obligations, take a look at this new category if you're looking to win innovation awards.

ENTER THE ABAS NOW

Questions?  Contact us at [email protected].

Tags: innovation award, innovation awards, innovative technology, most innovative company of the year

How a Stevie® Awards Winner Turns Carbon Into Plastic

Posted by Maggie Gallagher on Wed, Mar 05, 2014 @ 11:46 AM

Newlight Technologies, in Irvine, California USA won a Gold Stevie® Award for Most Innovative Company of the Year in the Company/Organization awards categories of The 2013 American Business Awards. (The deadline for The 2014 American Business Awards, the premier business awards in the USA, is March 26.  Get your Entry Kit here.)  We asked Mark Herrema, CEO of Newlight, to tell us about his company’s transition from concept to commercial viability.

NewlightThese days, the general consensus is that plastic is a bad thing: it’s made from oil; it generates carbon emissions; and it chokes our environment with pollution. Even bioplastics, which are derived from food crops like corn, are perceived as being only slightly less bad and perhaps generating less environmental damage.

But what if plastic could actually improve the environment? Can we imagine a world in which, the more plastic we make, the better the environment becomes?

Newlight Technologies was founded in 2003 with a simple mission: to pull carbon out of the air and use that carbon to produce high-performance, cost-effective, carbon-negative plastic. The company’s guiding philosophy then, as it is today, is that the most sustainable way to reverse climate change is to turn carbon emissions into materials that can out-compete existing oil-based materials on price, thereby creating a market-driven solution to reduce atmospheric carbon.

The Cost Challenge
Despite the conceptual simplicity of this founding principle, the science to make it a reality had never been achieved, despite decades of work.

The critical challenge was cost. Prior to Newlight, the cost of producing plastic from air-bound carbon was three times higher than the cost of producing plastic from oil—an economic non-starter. Newlight’s task was to invent technology to dramatically lower the cost of converting carbon emissions into plastic.

After many years of work, endless obstacles, and millions of dollars in research and development, the researchers at Newlight finally achieved a core breakthrough: an engineered biocatalyst able to produce plastic from carbon gas at extremely high yield—approximately nine times higher than anything that had been achieved previously.

With this breakthrough, Newlight’s process economics changed dramatically.

Today—ten years, ten patents, and $10 million after its founding—Newlight Technologies is proud to be the first company in the world to manufacture and sell carbon-negative plastic.  Their AirCarbon™ is a plastic that reduces the concentration of carbon in air, matches the performance of oil-based plastic, and can significantly out-compete oil-based plastic on price.

Growing Demand
In 2012, Newlight commenced selling carbon-negative plastics for the first time, generating the company’s first revenues from the sale of carbon-negative plastics.  In 2013, to meet growing demand, Newlight achieved a breakthrough milestone in scaling up the company's AirCarbon production technology to commercial scale at a multi-acre production site in California: a four-story facility with a multi-million pound per year nameplate production capacity, using air and captured methane-based carbon to produce AirCarbon. 

In November of 2013, furniture-maker KI introduced the first product made from AirCarbon to the market: the world's first carbon-negative chair made from the AirCarbon carbon-capture process.

With the commercial scale-up complete and product moving to market, demand for AirCarbon has grown dramatically, with over 12.5 million pounds of AirCarbon under executed letter of intent to purchase.  Newlight’s customers and product development partners include some of the largest manufacturers in the world—including multiple Fortune 500 companies and brand-name market leaders—making everything from chairs and containers to caps and bags, products that will actually reduce the amount of carbon in the air.

The Potential to be Momentous
On being presented with the Steve Award for Most Innovative Company, Mark Herrema, CEO and co-founder of Newlight, said: “After ten years of work to bring AirCarbon to market, we are honored and delighted to receive this award, which is a testament to the exceptional dedication and skill of our entire team."

Continued Mark: “We believe the impact of Newlight’s carbon-negative plastic has the potential to be momentous. With this material, we have a tool to capture carbon from the air, use that carbon to displace carbon that would otherwise come from oil, reduce the cost to produce plastics, and drive carbon capture on a market-driven basis. Our mission now is simple: to grow as quickly as we can.”

About Mark Herrema:
Since co-founding Newlight in 2003, Mark has grown the company from a scientific concept into a revenue-generating commercial enterprise. Newlight is capturing carbon that would otherwise be a part of the air to produce award-winning, carbon-negative plastics. Along the way, Mark has invented a range of greenhouse gas-to-plastic conversion technologies, receiving ten US and international patents while steering Newlight through over $10 million in private placement offerings; executing a range of strategic partnerships with brand-name market leaders; and leading the engineering, construction, and expansion of Newlight’s carbon-capture production platform.

Mark graduated magna cum laude from Princeton University with a Bachelor of Arts degree in Politics and Political Theory, with additional work in Physics, Mathematics, and Chemistry.

About Newlight Technologies:
Newlight Technologies is a sustainable materials company dedicated to using carbon-capture technology to produce clean, high-performance materials that maintain performance, reduce cost, and displace oil with carbon that would otherwise become a part of the air.

Founded in 2003, Newlight has invented, patented, and commercialized AirCarbon™, a material made from air and captured carbon that can match the performance of oil-based plastics while out-competing on price, representing a market-driven solution to carbon capture.  AirCarbon is currently being used to manufacture furniture, bags, caps, and a variety of other products, with partners including Fortune 500 companies and brand-name market leaders.

In recognition of the company's technological and commercialization achievements, Newlight was named "Most Innovative Company of the Year" in 2013, and AirCarbon was named "Biomaterial of the Year" and  "Tech Innovation of the Year" in 2013.  Newlight also received a R&D 100 Award for AirCarbon in 2013 as "one of the 100 most technologically significant innovations of the year."

Tags: American business awards, stevie awards, innovation awards, newlight technologies, carbon emissions

A HINT for Success: How a Mother's Innovation Turned Into a Multi-million Dollar Company

Posted by Liz Dean on Thu, Jun 13, 2013 @ 11:50 AM

Kara Goldin, CEO of HINT Inc., in San Francisco, California, USA, was named Female Entrepreneur of the Year for Business Products in the 2012 Stevie® Awards for Women in Business, the world's premier business awards for women executives, entrepreneurs, and the organizations they run. (Entries are now being accepted for the 2013 Stevie Awards for Women in Business. If you haven't yet done so, you can request an entry kit here and it will be emailed to you right away.) Here we look at how a successful businesswoman—and, more important, a mother of four--became a business award- winning pioneer in the beverage industry.

Kara Goldin, CEO, HINT Inc.Kara Goldin is an innovator who is changing the habits of the beverage-drinking consumer. Kara started HINT because her family, like so many others across America, needed a healthy, yet flavorful, alternative to sugary sodas and juices.

On receiving her Stevie Award last November, Kara commented: “Winning the award for Best Female Entrepreneur is AWESOME!  All the hard work is finally starting to pay off. The Stevie Awards are a great recognition and I am really honored and grateful!”

Calorie Counting
In 2004, Kara was determined that her family should switch to a healthier lifestyle when she realized how many calories they was consuming from juice, soda, and other beverages. 

Kara laid down the law and banned everything except plain water and milk in her house. That worked for her (at least for a little while), but the other members of her family were not happy.  She realized that she had to find something more interesting than plain water, so she studied the labels of every beverage she could find, but each drink she picked up contained either loads of calories or questionable diet sweeteners.

The Aha! Moment
Finally, out of desperation, Kara started slicing fruit into water to provide a little bit of flavor without adding a lot of calories. Surprisingly, this simple solution was a hit with her family. One day, she received a call from a friend whose child had been over at her house several times: “You have to tell me where you got the raspberry water my daughter keeps talking about.”

Kara laughed and explained that it wasn’t actually a product you buy. That 2004 conversation was Kara’s Aha! moment: she realized then that someone should make a simple, unsweetened, fruit-flavored water as a substitute for all the calorie-laden or artificially sweetened beverages on the market.

A Woman’s Intuition
Despite her inexperience in the beverage industry, the tough economic climate, and having to compete with the likes of Coca-Cola and PepsiCo, Kara followed her intuition that this was a product that would sell, and created HINT Water.

In just six years, her perseverance, determination, and innovation brought HINT Water to the shelves of nationwide retailers like Whole Foods, Starbucks, Stop&Shop, The Fresh Market, and many other stores nationwide.

Adding Sparkle
With the success of HINT secured, Kara was ready to take on the soda category.  In January 2012, Kara launched HINT Fizz, a sparkling version of HINT that is available in four flavors. Staying true to Kara’s vision, HINT Fizz offered a refreshing alternative to consumers trying to break the soda habit.

Consumers loved it. HINT Fizz won Better Homes and Gardens Best New Beverage of 2012.

A Simple Mission
With one simple mission of providing a delicious and healthy beverage, Kara has been able to turn HINT into a multi-million dollar company offering a product that consumers trust and enjoy. The biggest lesson she has learned to date is if you make a product that you believe in and stay true to your message, your loyal consumers will become your best advocates and help spread the word.

HINT is a brand that’s been built around an important message: Drink Water, Not Sugar®, and Kara firmly believes in her message.

About Kara Goldin:
Since 2005, Kara Goldin has served as the Founder and CEO of HINT, Inc., maker of the HINT all-natural, no-calorie essence waters. Kara has built HINT's reputation as one of the leading health-driven beverages through its message: “Drink Water, Not Sugar”. This has resonated with the increasingly health-conscious consumer, and has attracted the endorsement of celebrity investor and 9-time Grammy winner John Legend.

Prior to conceptualizing HINT, Goldin built her career as Vice President of Electronic Commerce and Shopping at AOL, helping to turn its online shopping business into a billion-dollar entity in the 1990s.In 2011 Goldin was selected as one of Fortune Magazine’s Most Powerful Women Entrepreneurs. Goldin continues to expand HINT, most recently by introducing HINT Fizz, a carbonated version, in 2012.

About Hint, Inc.:
HINT Inc. is the maker of the no-calorie, unsweetened essence waters HINT and HINT Fizz. Founded in 2005 by mother-of-four Kara Goldin, HINT and HINT Fizz have doubled revenues year over year and become the preferred alternative to sugary beverages. For more information, go to www.drinkhint.com or www.facebook.com/drinkhint.

Tags: business awards, stevie awards for women in business, Innovation, Kara Goldin, HINT, Female Entrepreneur of the Year

5 Ways to Win Innovation Awards in The 2013 American Business Awards

Posted by Liz Dean on Wed, Apr 17, 2013 @ 02:53 PM

The 2013 American Business Awards, the premier business awards competition in the U.S.A., feature a wide selection of categories to recognize the achievements of innovative professionals working in web development, corporate communications, video production, app development, investor relations, and live events. (April 24 is the last day that late entries will be accepted with payment of a late fee per entry. If you haven't already done so, you can request your entry kit here and it will be emailed to you right away.)

The Stevie AwardsHere are five ways to win innovation awards in The 2013 American Business Awards:

  1. App Awards Categories
    These categories recognize excellence in apps for handheld and tablet devices, and for PCs, issued or updated since January 1, 2012.
  2. Annual Report Awards & Other Literature Categories
    These categories recognize excellence in annual reports, brochures, marketing and sales kits, house organs (corporate magazines), and other publications issued since January 1, 2012.
  3. Live Event Awards Categories
    These categories recognize excellence in live events staged since January 1, 2012.
  4. Video Awards Categories
    These categories recognize excellence in videos produced for a business- or work-related purpose that were first released or otherwise made public since January 1, 2012.
  5. Website Awards Categories
    These categories recognize excellence in web sites and blogs. There is no eligibility timeframe for these categories - it doesn't matter when the site or blog was first published.

If you have last minute questions, please don't hesitate to email us at [email protected] or call us at + 1 703-547-8389.

Tags: app awards, live event awards, video awards, website awards, American business awards, innovation awards, annual report awards

Emerging Technology: Three New Innovations To Be On The Lookout For in 2013

Posted by Liz Dean on Thu, Oct 25, 2012 @ 12:15 PM

Akihito Tsukioka, founder of Digitized Information, Inc., in Tokyo, Japan, is Chair of the committee for final judging of the annual report awards and other literature categories, website awards categories, app awards categories, video awards categories, and live event awards categories of The 2012 International Business Awards.  (Sign up here to receive information on how to enter The 2013 International Business Awards, the world's premier business awards competition, opening in January.) We recently caught up with him in his busy DigInfo TV office in Tokyo.

Akihito Tsukioka, founder of Digitized Information, Inc.What do you think are most exciting ideas/innovations that have been posted on DigInfo TV in the past year?
In my opinion, the three most exciting new ideas I have seen recently, and which may well be available soon, are:

  1. The Ubi-Camera, which takes photos composed by framing them with your hands. A research group at the Institute of Advanced Media Arts and Sciences in Japan is developing this prototype miniature camera. When you draw a picture or take a photo, you sometimes form a rectangle with your hands to decide the composition. With this camera, you can take a photo using the exact same motion. The camera contains a range sensor, and the framing is determined by the distance between the camera and the photographers face. With the current system, which is still in development, the lens has a fixed focal length, and zooming is done digitally on a PC.
  2. The True 3D display technology, developed by Burton, which uses a laser to create luminous points of light at desired locations in air or underwater. This system is an evolved version of technology co-developed by AIST and Keio University, first announced in 2006. It works by focusing laser light to produce plasma excitation from the oxygen and nitrogen in the air. The researchers state that this is the world's first technology to show pictures without the constraint of a screen. Most current 3D devices project pictures onto a 2D screen, and make the pictures appear 3D through an optical illusion. But this device actually shows images in mid-air, so a feature of this system is that it enables 3D objects to be viewed naturally.
  3. A research group at the Tokyo University of Science, led by Associate Professor Shinichi Komaba, has confirmed that hard carbon obtained by pyrolyzing sucrose, the main constituent of sugar, is an effective anode material for sodium ion batteries. Currently, most rechargeable batteries are lithium ion batteries. Japan imports its entire supply of lithium, a rare metal, so lithium ion batteries are expensive. Sodium ion batteries are intended to overcome lithium's disadvantages of high price and scarcity.  The supply of sodium is unlimited. Also, sodium ion batteries can be made using iron, aluminum, and sodium, rather than cobalt or copper as before. What's more, results show that using carbon made from sugar as the anode can increase battery capacity. So high-performance batteries may be achievable using cheaper, more abundant materials. The Komaba Group has achieved a storage capacity that is 20% higher than that of conventional hard carbon. It's expected that many researchers will work on making sodium ion batteries commercially viable. The Komaba Group anticipates it may take about five years to achieve a practical version.

What is your favorite app?
Dropbox
, a free service that stores info across computers, mobile phones, tablets, whatever.

If you could choose another profession, what would it be?
An actor.

As someone at the top of your profession, what keeps you inspired or makes you hit the ground running in the morning?
The awareness that I will discover something new with each new day.

About Akihito Tsukioka:
Akihito Tsukioka has been in the translation business for over 25 years.  He also has experience in public relations and communications.  Akihito founded Digitized Information, Inc. in 1986.  The company provides its customers with tailor-made video production and translation services. Its website, http://www.diginfo.tv/, receives 70,000 views per day on YouTube. 

Mr. Tsukioka received a master's degree in city planning from the University of California, Berkeley, and is based in Tokyo, Japan.

About Digitized Information, Inc:
Digitized Information is a Tokyo-based video production/translation company providing videos of the latest cutting-edge technology and products from Japan in both English and Japanese. Established in 1986, the company employs a small team of video production staff in Japan, and works with a number of translators in various time zones.

Tags: business awards, app awards, live event awards, video awards, website awards, International business awards, innovative technology, Digitized Information, Akihito Tsukioka, Inc., emerging technology, annual report awards

4 Tips for Winning Innovation Awards in The 2012 IBAs

Posted by Liz Dean on Thu, Jun 21, 2012 @ 11:14 AM

The 2012 International Business Awards, the world's premier business awards competition, feature a wide selection of categories to recognize the achievements of innovative professionals and we thought it would be helpful to provide you with several tips for submitting winning entries. (The final entry deadline for the 2012 IBAs is 27 June, request your entry kit today.)

To make the most out of your business award entries, we suggest the following tips:

1. Review the awards categories.
There are several awards categories to help you highlight your innovative technology in the 2012 IBAs including:

  1. App Awards CategoriesThe International Business Awards
    These categories recognize excellence in apps for handheld and tablet devices, and for PCs, issued or updated since 1 January 2011.
  2. IT Awards Categories
    These categories recognize excellence in all information technology, software, web development, etc. functions. 
  3. New Product Awards Categories
    These categories recognize excellence in all product management, product development, product engineering, manufacturing, etc. functions.
  4. Website Awards Categories
    These categories recognize excellence in web sites and blogs. There is no eligibility timeframe for these categories - it doesn't matter when the site or blog was first published.

2. Review the entry submission criteria.
Make sure your entries include all required submission information.

3. Review past winners' entries.
Get inspiration and guidance from past winners. The 8th Annual International Business Awards were presented in October 2011 in Abu Dhabi, the United Arab Emirates.  Honorees included American Express, Bombardier, Inc., Etisalat, Everything Everywhere, Saudi Basic Industries Corporation, Siemens AG, TATA Motors, Tesco Poland, Toyota Motor Corporation, Turk Telekom, and Unilever N.V., among others.  2011 results are summarized at http://www.stevieawards.com/pubs/iba/awards/408_2219_21081.cfm

4. Submit your entries.
Select your categories, write your submissions according to the instructions, and submit your entries.

Winners of the competition will be celebrated at the ninth annual awards banquet on Monday, 15 October at the Ritz-Carlton Hotel in Seoul, South Korea.

Need helping choosing the best category to highlight your emerging technology? Contact us at [email protected] and we'll help direct you to categories that are right for your organization.

Tags: business awards, app awards, website awards, International business awards, innovative technology, business award, it awards, new product awards, emerging technology

4 Ways to Win Innovation Awards in The 2012 International Business Awards

Posted by Liz Dean on Thu, May 24, 2012 @ 06:00 PM

The 2012 International Business Awards, the world's premier business awards competition, feature a wide selection of categories to recognize the achievements of innovative professionals. (All organizations and individuals worldwide may submit nominations to the IBAs. The final entry deadline for the 2012 IBAs is 27 June, request your entry kit today.)

Here are four ways to win awards for your innovative technology in the 2012 IBAs:

  1. App Awards CategoriesThe International Business Awards
    These categories recognize excellence in apps for handheld and tablet devices, and for PCs, issued or updated since 1 January 2011.
  2. IT Awards Categories
    These categories recognize excellence in all information technology, software, web development, etc. functions. 
  3. New Product Awards Categories
    These categories recognize excellence in all product management, product development, product engineering, manufacturing, etc. functions.
  4. Website Awards Categories
    These categories recognize excellence in web sites and blogs. There is no eligibility timeframe for these categories - it doesn't matter when the site or blog was first published.

Want more ways to highlight your organization's innovations­? Submit an entry for Most Innovative Company of the Year.

Tags: business awards, app awards, website awards, International business awards, innovative technology, most innovative company of the year, it awards, new product awards

How Innovation Awards Winner Used Emerging Technology to Secure 140 Million Customers

Posted by Liz Dean on Fri, Apr 13, 2012 @ 02:36 PM

Etisalat of Abu Dhabi, UAE won a Stevie® Award for Most Innovative Company of the Year, Middle East and Africa, in the company awards categories of The 2011 International Business Awards, the world's premier business awards program. (The 2012 IBAs are now open for entries. Download your entry kit here and submit your entries by the 16 May entry deadline.) Here we look at how Etisalat used technology innovation to advance their organization.

Etisalat LogoEtisalat is a leading telecom company which serves over 140 million customers in 18 countries around the world. In 2010 the innovation awards winner committed $1.5 billion into infrastructure and other CAPEX brining new services and advanced functionality to its customers across Asia, Africa and the Middle East.

Using emerging technology, Etisalat secured several key developments and launches including:

  • The completion of a nationwide fiber-optic network and introduction of ‘triple-play’ services (eLife) –telephone, Internet and television. What makes this more impressive, is that with Etisalat’s network the UAE today offers the fastest broadband (30Mbps) connectivity to the home in the Middle East region.
  • The launch of 3DTV services in time for the World Cup placed the UAE amongst the first five nations in the world to deploy this technology. Etisalat now offers a variety of sports channels in 3D and is supporting the boom in advanced TV technologies such as IPTV.
  • For businesses, Etisalat’s fiber network allows connection speeds of up to 100Mbps – which is a key landmark for the region. It is also supporting the overall economic development of the nation.
  • The future broadband access technology will be wireless, and Etisalat has made ground deploying the latest standard – LTE – in the UAE. Commercial trials started and progress has been made for deploying the largest network in the Middle East.
  • In Africa, Etisalat introduced BlackBerry services to six countries including Benin, Gabon, Togo, Central African Republic, Niger and Ivory Coast. This popular business and social tool is bringing a new world of services to these markets.
  • In Sudan Etisalat’s fiber optic network has been enhanced with a new Internet gateway. This is supporting corporate customers in oil, banking and education and is geared up to enable Wi-Max and Wi-Fi in the future.
  • Also in Sudan, the company has introduced EVDO for broadband, enabling wireless broadband access of up to 3.1 Mbps.
  • In Egypt Etisalat deployed the latest GSM wireless broadband technology HSPA, bringing speeds of up to 42Mbps to smart phones and mobile devices across 88% of the country. Etisalat Misr is now preparing to introduce advanced ICT services such as m-commerce, m-advertising, mobile applications and payment services.
  • In Saudi Arabia, Etisalat’s HSPA+ subscriber base crossed 2,000,000 making it the largest active HSPA+ base in the world. This wireless technology and network is now consuming 90 Terabytes of data a day.
  • Etisalat’s associate in Pakistan introduced EVDO technology for wireless broadband and has set itself up to be the first 3G wireless service provider in Pakistan using CDMA –based technologies. Ufone, the mobile operator, has also introduced various Value Added Services, bringing new innovations to the hands of Pakistani youth.

Etisalat is an innovative organization which has helped the UAE to become one of the top 10 nations in the world in terms of the availability of new technologies, through the company's support and strategic vision on a number of government initiatives. Through the launch of innovative new technologies and its regional growth strategy, Etisalat aims to become one of the top 10 telecom operators in the world.

About Etisalat
Etisalat is a leading telecommunications corporation committed to consumers, businesses, international telecommunication companies, ISPs, content providers and mobile operators. Headquartered in Abu Dhabi, UAE, Etisalat is the largest operator in the Middle East and Africa regions with a market value in excess of AED 80 billion (US$20 billion) and annual revenues of approximately AED 30 billion (US$8 billion). Etisalat operates in 18 countries across Asia, the Middle East and Africa, a coverage area which reaches more than two billion people. To date, the group’s global subscriber base exceeds over 140 million subscribers through mobile and Landline voice and data services. To learn more, visit www.etisalat.ae.

Tags: business awards, International business awards, innovation awards, Etisalat, most innovative company of the year, company awards, technology innovation, emerging technology

How Innovation Awards Winner Increased Revenue by 240%

Posted by Liz Dean on Thu, Mar 29, 2012 @ 05:06 PM

Mondial Assistance USA, of Richmond, VA won a Stevie® Award for Business Innovation of the Year in the company awards categories of The 2011 American Business Awards, the premiere business awards program in the U.S.A. (The final entry deadline for the 2012 ABAs is April 25; request your entry kit today.) Here we look at how Mondial Assistance used emerging technology to streamline their onboarding process.

Mondial AssistanceIn 2010, Mondial Assistance USA, a global leader in specialized insurance and assistance services, decided to revamp their outdated onboarding system by launching a new online system.  The organization awards winner had one objective: to design and implement a dynamic white glove experience that was well-designed, efficient, and exceeded the expectations of new clients. The new system had to combine technical innovation with user friendliness.

Project Goals
The innovation awards winner had three goals in mind for their new Agency Onboarding system:

  • Decrease Time to Sell
    By streamlining the onboarding process, Mondial Assistance employees would be able to begin selling products almost immediately.
  • Increase Customer Satisfaction
    By improving the onboarding process, Mondial Assistance would be able to create and strengthen relationships with customers.
  • Decrease Internal Management Costs
    By streamlining the process, Mondial would be able to eliminate the paper trail and leverage technology innovation resulting in better use of employees’ time.

Implementation
The innovation award winner implemented their new Agency Onboarding system in two phases.

In phase one, the company:

  • Reorganized past processes to reduce the number of departments needed,
  • Digitalized all documents, and
  • Began an email campaign for its' customers.

In phase two, the company centered their project on creating an easy onboarding experience for the customer. Phase two also allowed for account numbers, W9 tax forms, and customized brochures to be produced automatically.

Results
In less than three months, Mondial Assistance saw:

  • 24.7% growth in the number of agencies onboarded over the same timeframe from the prior year;
  • 200% growth in the number of agencies selling at least one policy; and
  • 240% growth in generated revenue.

About Mondial Assistance USA
Mondial Assistance USA is a global leader in specialty insurance and emergency assistance services and is part of the Allianz family of companies. Mondial Assistance offers a broad portfolio of insurance, retirement, assistance services and asset management products and services. Four percent of the world’s population are served by Mondial Assistance businesses around the globe. For more information please visit: www.mondialUSA.com.

Tags: American business awards, innovation award, innovation awards, Mondial Assistance USA, technical innovation, company awards, organization awards, technology innovation, emerging technology

6 Innovation Awards in The 2012 American Business Awards

Posted by Liz Dean on Mon, Mar 26, 2012 @ 12:43 PM

As the entry deadline for The 2012 American Business Awards approaches on Wednesday, March 28 we'd like to highlight several innovation awards categories that may be of interest to your organization. If you haven't already received your entry kit for The 2012 American Business Awards, the premier business awards program in the U.S.A., you can request your entry kit here and you will receive it right away.

Our innovation award categories include:The Stevie Awards

  1. Most Innovative Company of the Year
    Recognizing overall achievement in product and/or marketing, sales, manufacturing, management, etc. innovation.
  2. Most Innovative Tech Company of the Year
    Recognizing overall achievement in product and/or marketing, sales, manufacturing, management, etc. innovation.
  3. Best New Tech Company of the Year
    Recognizing companies that began operations since January 1 2010. 
  4. Fastest-Growing Tech Company of the Year
    Recognizing outstanding revenue growth since the beginning of 2011 over 2010.
  5. Business Innovation of the Year
    Recognizing singular innovations in product and/or marketing, sales, manufacturing, management, etc., by an organization or an individual.
  6. Tech Innovation of the Year
    Recognizing singular innovations in technology, new products, etc., by an organization or an individual.

All entries in these categories require an essay of up to 500 words describing the nominated organization's achievements since January 1 2011, a biography of the leader(s) of the nominated organization of up to 100 words, and an optional (but highly recommended) inclusion of a collection of supporting files and web addresses that you may upload to our server to support your entry and provide more background information to the judges.

If you want to showcase your organization's innovative technology, the 2012 ABAs also have several award categories that highlight emerging technology including:

Not going to make the March 28 deadline? Don't panic, entries can still be submitted through the final deadline of April 25 with a late fee of $35.00.

Tags: business awards, app awards, website awards, American business awards, innovation award, innovation awards, innovative technology, it awards, new product awards, tech awards, emerging technology