This is an award that is give to 100 companies who show an achievement in IT innovation. It is an award that is given every year which helps in the demonstration of excellence and achievement in these companies. One of the very great and motivating awards there is for these companies out there. This is usually a symposium that looks into how to develop, implement and capitalize on innovations that have their basis on IT. This is a session that helps people come up with more ideas on how to keep moving forward in their industry and have more innovations at the same time recognizing the hard work of those who have made it in this field
How it is
Each year there is a 2 day symposium that is attended by very many business people including many C.E.Os. All these people attend because of the fact that they are discussions on how to improve various aspects of life through IT such as customer services. All this is discussed then the way forward for this industry identified. After there the heads present the best 100 companies a token of congratulations for their great work. This ward works to encourage the people to work harder.
Now in its sixth year, this event has been held in different areas of the world. It focuses on companies world-wide that wish to improve and work harder on what they are doing.
How the winners are selected
The process of selecting the top 100 is not easy. There is a lot of effort that goes there. This is a very systematic and competitive process. This is because every single company is working to ensure they have done their job very well and are look for how they can be on that list. It is a very honorary list. These companies that are included in this list and the competition are companies that use IT for various purposes such as providing services or in other innovative ways. This therefore makes one eligible for such and able to participate.
Advantages of this
The future of the world is determined by the level of IT there is. Every single day there is a new innovation that will be helpful to man. Having these things advance the world of IT is very important because that is what many people look for.
The development of the CIO 100 is a very great idea as these innovations that have stemmed from this have become some of the most important aspects in the world. The businesses still want more innovations and having this award helps encourage people to do more.