IT Awards Blog

Featuring a Technology Startup Stevie Award Winner

Posted by Maggie Gallagher on Thu, Dec 29, 2016 @ 12:17 PM

An interview with Ralf Heim the Co-CEO at Fincite GmbH

Fincite GmbH of Frankfurt, Germany won two Stevie Awards in the 2016 German Stevie Awards. Fincite GmbH won the Gold Stevie Award for Technology Startup of the Year, and a Bronze Stevie for Management Team of the Year.  2017 The German Stevie Awards are accepting entries through January 27.  Review the entry kit to begin your nominations.

What does Fincite GmbH do?

Financial Advice today is often confounding and not made for the benefit of the customer. Technology can change this. We can make investments smarter by giving customers easy access to sophisticated analytics. We help banks, asset managers and insurers offer this technology to their customers.

Fincite.jpgWhat is your role as the Co-CEO?

As Co-CEO I’m responsible for growing the business. This covers marketing, business development, partnerships and recruiting.

What is the organizational vision?

Our mission is to engineer the future of finance. We see that technology will replace large parts in Financial Advice, Retail & Institutional Asset Management and even funds. Our aim is to grow and become the #1 Digital Asset Management company in Europe.

What sets your company apart in this category?

It’s the unique approach of our Digital Investment Management Software: We built a complete modular system that can easily connect to all private customers’ financial assets, analyze the status quo and make recommendations. Banks can build upon our software their own frontend and thus keep customer relationship while still providing most modern analytics and account integration capabilities.

What was it like for your company to win the Stevie award?

It was a great honor for us to win this award, especially in the category, Technology Start-Up of the Year because from the outset we wanted to focus on innovative products and organic growth. The nomination for Management Team of the Year indicates to my partners & I that we’re on the right path in how we conduct our business.

How has the win affected your business?

The direct effect is hard to tell, but I think the award is great feedback for us and it was acknowledged by our partners and clients.

What results have been gained since you've won this award?

The size of our workforce has nearly doubled since April and the cash flow is still positive without external financing.

What inspires you to continue your work?

We’re inspired by our mission to change the world of finance and the good feedback we get from our partners, clients, employees and also the press.

What do you expect to change in your industry in the future?

We believe that Finance can be nearly 100% digitized. As a result, digital services will largely replace large branches and offices. We are intrigued by the thought of working on this more efficient next generation of Finance.

Learn more about Fincite GmbH

Fincite 2.png

From left to right - Ralf Heim (co-CEO), Friedhelm Schmitt ( co-CEO), Stefan Post (CTO).

Tags: it awards, tech awards, German Stevie Awards

4 Tips for Winning IT Awards in The 2012 International Business Awards

Posted by Liz Dean on Wed, May 30, 2012 @ 01:54 PM

As the final entry deadline for The 2012 International Business Awards, the world's premier business awards competition, approaches on 27 June, we wanted to provide you with several tips for submitting winning IT awards entries. (If you haven't yet done so, you can request your entry kit here.)

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

1. Review the corporate awards categories.

There are three award categories that are specifically labeled as information technology The Stevie Awardsawards:

  • Information Technology Department of the Year
  • Information Technology Team of the Year
  • Information Technology Executive of the Year

We have several other award categories that may be of interest to IT professionals including our website awards categories, app awards categories, video awards categories, and live event awards categories.

2. Review the entry submission criteria.
Information to be submitted online for these categories include:

  1. An essay of up to 500 words describing the nominee's accomplishments since January 1 2011
  2. A biography of the nominee or the leader of the nominated department or team of up to 100 words
  3. 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

3. Download our 10 Tips for Winning Technology Awards tipsheet. 
Our tipsheet will provide helpful tips and tools for making the most out of your entries

4. Review past winners' entries.
The 8th Annual International Business Awards were presented in October 2011 in Abu Dhabi, the United Arab Emirates. 2011 IT award honorees included Quality Systems, Inc., PetRays, and Abu Dhabi Police General Headquarters.

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.

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Tags: business awards, corporate awards, app awards, live event awards, website awards, International business awards, it awards, technology awards, it award, information technology awards, tech awards

3 Tips for Winning IT Awards in The 2012 American Business Awards

Posted by Liz Dean on Fri, Apr 13, 2012 @ 09:38 AM

As the entry deadline for The 2012 American Business Awards, the premier business awards program in the U.S.A., approaches on Wednesday, April 25, we wanted to provide you with several tips for submitting winning IT awards entries. (If you haven't already done so, request your entry kit here and you will receive it right away.)

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

1. Review the corporate awards categories.

There are four award categories that are specifically labeled as information technology awards:The Stevie Awards

  1. Information Technology Department of the Year
  2. Information Technology Team of the Year
  3. Information Technology Executive of the Year
  4. Technical Professional of the Year (for non-executive technical professionals includes software developers, web developers, technical writers, etc.)

We have several other award categories that may be of interest to IT professionals including our app awards categories, live event awards categories, and website awards categories.  

2. Review the entry submission criteria.
Information to be submitted online for these technology awards categories include:

  1. An essay of up to 500 words describing the nominee's accomplishments since January 1 2011
  2. A biography of the nominee or the leader of the nominated department or team of up to 100 words
  3. 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

3. Download our 10 Tips for Winning Technology Awards tipsheet. 
Our tipsheet will provide helpful tips and tools for making the most out of your entries

2012 ABA Finalists will be announced mid-May and the 10th Annual award winners will be announced at our tech awards ceremony in San Francisco on September 17th at the Julia Morgan Ballroom.

Receive instant ABA updates; join us on Facebook, Twitter, and LinkedIn.

Tags: business awards, corporate awards, app awards, live event awards, website awards, it awards, technology awards, information technology awards, tech awards, America Business Awards

How a Technology Innovation Winner Helps Reduce Crime in the UAE

Posted by Liz Dean on Fri, Mar 23, 2012 @ 04:40 PM

Abu Dhabi Police - General Headquarters of Abu Dhabi, United Arab Emirates, won a Stevie® Award for IT Team of the Year in the information technology award categories of The 2011 International Business Awards, the world's premier business awards program. (The 2012 IBAs are now open for entries. Request your entry kit here and submit entries by the April 11 early-bird deadline for discounted entry fees.) Here we look at how the IT award winning team transformed the Abu Dhabi Police's (ADP) communications system.

Abu Dhabi PoliceThe Problem
Abu Dhabi Police's communication system was no longer keeping up with current security and emerging technology demands, leading to increased security risks. ADP's communication system had limited coverage, a lack of integration across all of Abu Dhabi, and an inadequate information security system, causing information leaks due to eavesdropping on police conversations.

The Project
The IT awards winning team, composed of four members with no less than ten years experience and previous knowledge of the current system, was given the task of updating ADP's system. The four had to research various solutions, select the best system, and monitor all of its development and operations.  The new system had to meet technology innovations including:

  • Ability of reducing processing time and increasing customer satisfaction,
  • Coverage of the Emirate's land and sea (95% coverage was initially targeted), and
  • Security for the protection of Police Operations privacy.

The Solution
After several inquiries and significant research, the tech awards winner decided to introduce TErrestrial Trunked RAdio (TETRA) as ADP's new communications system. TETRA's capabilities include:

  • Collective voice communications,
  • Wireless telephony, and
  • Data services.

The Results
Through ADP's introduction of TETRA, the communications system has become the first integrated wireless system in the Arab world. TETRA has contributed to better crime control and safer roads - advancing the UAE to the 11th most reliable police force in the world according to the 2011 World Economic Report. ADP's TETRA system has helped the police force in several ways, including:

  • Automatically identifying the location of the police patrols and the person making the call.
  • Automatically identifying the location of chased cars and illegal drivers.
  • Allowing decisions to be made on site without having to be in the command and control center.
  • Enabling coordination between paramedics and victims.

Other benefits include:

  • The TETRA communication system is a cost-effective system reducing maintenance costs by 32.9%
  • TETRA has contributed to higher customer satisfaction:

            o  Customer satisfaction with the security levels reached 94.8%
            o  Satisfaction of businessmen with the security levels reached 97.5%

  • Crimes per 1,000 residents was reduced to 0.6 %
  • Percentage of solved crimes reached 96.6%
  • Current coverage: 98% of Abu Dhabi
  • Since its implementation, there have been 0 security violations
  • Satisfaction with the clarity of the voice is 100%
  • Availability of communication channels when calling: 98.47%

About Abu Dhabi Police
The Abu Dhabi Police - General Headquarters is located in Abu Dhabi, United Arab Emirates. The police department strives to make a safer society by preserving stability, reducing crime and contributing justice to the general public. The force values are integrity, honesty and respect for all human rights. The force serves with responsibility, tact, kindness and promotes teamwork and recognition of the contributions of both individuals and teams on the force.

Tags: IT team of the year, information technology award, business awards, International business awards, it awards, it award, tech awards, technology innovation, emerging technology, technology innovations, Abu Dhabi Police