Set off in 2004, the NASSCOM Innovation Awards 2008 will mark the fifth edition of the Awards. With several organizations realizing the value of Innovation and actively nurturing it, we are sure that the past year has been one where the Indian IT Industry has broken established precepts with path breaking ideas that have brought value to both its customers and itself. To continue their growth and to attain newer heights, Indian firms need to recognize the importance of “Innovation” for maintaining their competitive edge and driving further growth.

The NASSCOM Innovation Awards, currently in its fifth edition, is a key initiative by NASSCOM to highlight the true innovators in the Indian IT industry. Through this initiative, we hope that the award winners will provide a ‘light house’ effect and further spur the innovation movement in India.

On December 19th, we will showcase companies who have been short listed in the Business Innovation for the NASSCOM Innovation Awards 2008. This category includes innovations made by an IT-BPO firm to its own business processes, business models, business inputs (talent acquisition and retention, raising capital, strategic acquisitions etc), go to market strategies, delivery models, methodologies etc to realize significant value to itself.


The Showcase session will include presentations by 6 short listed companies who through an interactive session will demonstrate the uniqueness of their product or services, new customer segments, business models, etc. Innovations in this area have typically a direct correlation with the revenue of a firm and have an impact on the firm's markets. The other short listed companies can be accessed online at www.nasscom.in/innovation or at

http://blog.nasscom.in/emerge/2008/12/08/finalists-for-nasscom-innovation-awards-2008-announced/

As an industry player and a leader of your organisation, we request you to participate at this interactive session and be part of the Indian IT industry’s innovation journey.