Finalists of Nasscom 'Innovation In IT Awards 2006' announced

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Winners to be felicitated by Hon'ble Prime Minister of India Shri Manmohan Singh at the NASSCOM India Leadership Forum in Mumbai.

NASSCOM the premier trade body and the "voice" of the Indian IT industry announced the finalists for the NASSCOM Innovation Awards in 2006. From a shortlist of eighteen companies, seven finalists will be felicitated and recognized for their outstanding contribution by Hon'ble Prime Minister of India Shri Manmohan Singh at the upcoming NASSCOM 2007 India Leadership Forum, which kick-starts in Mumbai from Feb 7th.

IT innovation is slowly gathering momentum in India. As global customers and giant ICT companies outsource their core product development and R&D work to the country and as its service providers make "out-of the-box" services a key differentiator, an ecosystem of innovation is getting built in India.

Finalists For 2006 Innovation In IT Awards:

- Bharti Airtel and IBM India

- Evaluserve.com

- HP Labs India

- Ittiam Systems Private Limited

- Kale Consultants

- Strand Life Sciences Pvt Ltd

- Monsoon

Multimedia India Private Limited


Congratulating the finalists, President, NASSCOM, Kiran Karnik said, "With each success come greater expectations. Today the Indian IT industry is seen as the forerunner in many areas and one of the key reasons we have been able to reach this milestone is due to the emphasis the industry places on innovation. It is in this context that one foresees India as the future innovation hub of the world. Diversity nurtures innovation, and where else do you see so much diversity - not only socially and culturally, but also geographically and, sadly, financially."

"Delivering "more" or "better" can be done by increasing efficiency, but beyond a point the curve begins to flatten and it becomes increasingly difficult to keep providing even more value-for-money. The only way to do so is through innovation: not just executing the same series of steps more efficiently, but of doing something completely different to achieve the required output. To b