Editor's PickInvesting Ideas

52 innovative organizations being accorded the International Innovation Awards 2021

Enterprise Asia is pleased to honor 52 award recipients at the International Innovation Awards 2021. Spearheading the Innovation Revolution, the International Innovation Awards, which aims to create an innovation ecosystem for enterprises, is held annually to recognize outstanding innovations across the globe.

The 2021 Global Innovation Index has shown that in spite of the massive impact of the pandemic, many companies have shown remarkable resilience — especially those that have embraced digitalization, technology and innovation. It has shown that the spending growth of R&D in 2019 at 8.5% has successfully contributed to the global innovation ecosystem building on pre-crisis performance in 2020.

This year’s awardees demonstrated the role of innovation in accelerating growth, efficiency and inclusiveness which is in line with the objective of the award recognition program. The awards not only provide a global platform for enterprises to showcase their innovations but also encourage organizations to continue investing in innovation to pave the path towards a better and sustainable future.

The award drew an exceptional mix of submissions from various industries and countries such as Brazil, Finland, Germany, Hong Kong, Italy, Japan, Singapore, Taiwan, United Kingdom, the United States of America. 52 emerged as victors from the 260 applications through undergoing a rigorous evaluation process by a jury of prominent judges across three categories: Product, Service & Solution, and Organization & Culture.

“To best prepare our organizations for IR 4.0, we must inculcate greater innovation within our organizations. We must empower our people to constantly innovate and build a culture of innovation within our respective companies. Institutionalize it, so that innovation becomes all-permeating within our organizations rather than a job function or reaction to market forces. Hence, the key is not just changing the way we do business but changing our mindset as well,” Richard Tsang, president of Enterprise Asia, stated in his welcome address.

Among the notable recipients of the ‘InnoCube’ under the Product Category include CYBERDYNE, Inc. from Japan with its Wearable Cyborg HAL, the world’s first wearable cyborg that uses brain waves to command movements, and E.SUN Commercial Bank, Ltd. from Taiwan with E.SUN Smart FX Service, which is a comprehensive FX service with anti-fraud functions embedded in its transactions.

Esteemed winners under the Service & Solution Category are SHOPLINE from Taiwan with SHOPLINE Social Commerce, a full-featured platform that tailors all-in-one commerce solutions for every business type, and Ambiq from United States of America with its Ultra-low Power Processor Solutions for IoT Endpoint Devices, which is the most energy-efficient sensor processing solution in the market.

Prominent awardees under the Organization & Culture Category include Dubai Police with Dubai Police Next 50 Innovation Hub, a transformation initiative to redesign the Dubai Police innovation ecosystem, and Sofokus from Finland with Better Monday(R), which is an organism management system that measures employee happiness in the workplace to achieve a happiness-oriented company culture.

Prior to the International Innovation Awards, the International Innovation Summit 2021 was held during the day. Themed “Unleash Your Organization’s Superpower Innovation,” the virtual summit aimed to encourage organizations to tap into their inner innovation powers to innovate in a way that is profitable, creates value and captures customers’ interests.

Over 300 innovation experts, industry leaders and policy makers across the globe gathered at the summit to share and exchange the latest insights on conquering uncertainties and exploring the unknown for organizations to innovate, grow, and evolve.

At the Summit’s opening, Enterprise Asia Chairman Dr. Fong Chan Onn expressed that “Organizations must be courageous to explore the uncertainty to innovate and create. As our journeys grow and evolve, so must our ideas. Improving the ability to innovate has become vital to keeping up with the times.”

Among the keynote speakers is Josemaria Siota, executive director of IESE Business School, who covered the topic of “Corporate-startup innovations in deep tech: Challenges, Opportunities, and Trends.” Mr. Siota shared invaluable insights on establishing a start-up mindset and culture to develop new technologies and offerings and keep organizations on the right track.

Other speakers include Alexey Semeney, CEO & founder, DevTeam.Space; Andy Chun, regional director & Technology Innovation of Prudential Corporation Asia; Akina Ho, head of Digital Transformation and Innovation at Great Eagle HK; Praveen Lala, global director of Delivery, Process, and Operations of GE Digital; Raushida Vasaiwala, general manager of APAC at Celtra; Makoto Shibata, head of FINOLAB & Chief Community Officer of FINOLAB INC.; Guy Parsonage, partner & Experience Consulting leader of PwC Experience Centre, Hong Kong; Ivana Bartoletti, Global Data Privacy officer of Wipro and founder of Women Leading in AI network; William De Vos, managing director APAC of Board Of Innovation; Dr. Geoffrey Yuen, chief scientist at Parallel Chain; with Gary Ng, co-founder & CEO at viAct, and Martin Daffner, founder & Innovation architect and Corporate Innovation coach of INNOBRIX, as the moderators.

The International Innovation Awards and International Innovation Summit are organized annually by Enterprise Asia, Asia’s largest nongovernmental organization for entrepreneurship and is supported by the British Chamber of Commerce Singapore, Canada-ASEAN Business Council (CABC), Malaysian Alliance of Corporate Directors, Malaysian Global Innovation & Creativity Centre (MaGIC), Malaysian-Thai Chamber of Commerce, National Agency for Technology Entrepreneurship and Commercialization Development (NATEC) Vietnam, National Science and Technology Development Agency Thailand, OAV – German Asia-Pacific Business Association, Singapore Thai Chamber of Commerce (STCC), The Malaysian Chamber of Commerce (HK and Macau) Limited (MAYCHAM). PR Newswire is the official press release distributor partner, and 3Particle as the official production partner. AsianNGO, Bangkok Post, Biz Hub Vietnam, BusinessWorld, Commercial Times, DigiconAsia, Hong Kong Economic Times, Jumpstart, Kumparan, Nikkei Asia, SME and Viet Nam News are the official media partners.

RECIPIENT LIST OF THE INTERNATIONAL INNOVATION AWARDS 2021

PRODUCT CATEGORY
COMPANY
WINNING INNOVATION TITLE
COUNTRY
AP (Thailand) Public Company Limited
KATSAN: INNOVATION FOR PEACE OF MIND
Thailand
Bioscience Animal Health Public Company Limited
Angentex(R) COVID-19 qPCR Detection Kit (with IC)
Thailand
Charsire Biotechnology Corp.
Celludoxa Sanovazo – A Class II Medical Device Trauma Dressing from Patented Process Soybean Extract
Taiwan
CTG Brasil
Turbine Pneumatic Governor for hydropower plants
Brazil
CYBERDYNE Inc.
Wearable Cyborg HAL
Japan
E.SUN Commercial Bank, Ltd.
E.SUN Wallet
Taiwan
E.SUN Commercial Bank, Ltd.
E.SUN Smart FX Service
Taiwan
EVA-GLORY Industrial Co., Ltd
Nitrex: protection foam
Taiwan
First International Computer, Inc.
AR HUD
Taiwan
Hettigoda Industries Private Limited
Siddhalepa Pain Relief Spray
Sri Lanka
IPOWER PRODUCTS LIMITED
Electric Pendant Heater + Light & Remote Control
Hong Kong
K-WAX International Co., Ltd
C.C Coating Maintenance
Taiwan
Linyuan Advanced Materials Technology Co., Ltd.
Continex LH Series Carbon Black
Taiwan
Nu Skin Enterprises Singapore Pte Ltd
ageLOC Boost
Singapore
PLANET Technology Corporation
Renewable Energy Management Controller
Taiwan
Pulse Science Company Limited
BioSafety Mobile Unit
Thailand
Pulse Science Company Limited
Incuwork ic
Thailand
Simple Foods Co., Ltd.
137 Degrees Almond Milk Products
Thailand
SUPIA ASIA PTE LIMITED
Supia Academy
Hong Kong
Thammachart Seafood Retail Co., Ltd.
Salmon Bacon
Thailand
Vodafone GmbH
Vodafone Giga AR App: A futuristic cooking experience
Germany
Yuen Foong Yu Consumer Products Co., Ltd.
Orange House 5 in 1 Laundry Detergent Pods
Taiwan

SERVICE & SOLUTION CATEGORY
COMPANY
WINNING INNOVATION TITLE
COUNTRY
Aditya Birla Capital Limited
Implementation of Digital & Tech Capability
India
Ambiq
Ultra-low Power Processor Solutions for IoT Endpoint Devices
USA
Asia Cement Corporation
ACTEC AI Control System
Taiwan
Cathay Life Insurance
Cathay Vision Experience (CVX)
Taiwan
CITIC Telecom CPC
DataHOUSE(TM) AR Remote Hand
Hong Kong
Criteo Singapore Pte Ltd
Criteo’s First-Party Media Network
Singapore
CTG Brasil
CTG Comunica
Brazil
Dubai Police
EFAAD
United Arab Emirates
EBM Technologies Inc.
Ubiquitous Diagnostic Environment (UDE) App
Taiwan
Ekata, Inc.
Account Opening API
Merchant Onboarding API
Merchant Review
Singapore
GARAOTUS (SYSTEX Group)
GARAOTUS Cloud Platform
Taiwan
GLUU Pte Ltd
GLUU, A Marketplace Where Individuals/Businesses Can Source For Connectivity (WiFi or Mobile Data)
Singapore
IFS Facility Services Co., Ltd.
IFS Intelligent Visitor Management Solution
Thailand
Medidata Solutions International Asia Pacific Pte. Ltd.
Medidata Decentralized Clinical Trials Program
Singapore
portto
Blocto: Cross-chain, Integrated Smart Contract Wallet Service
Taiwan
PRINCE BANK PLC.
Prince Bank MobileBiz Digital Banking Application
Cambodia
Regional Corridor Development Authority (RECODA)
RECODA PROJECT MANAGEMENT SYSTEM (RPMS)
Malaysia
Rizal Commercial Banking Corporation (RCBC)
RCBC’s DiskarTech
Philippines
Shieh Yih Machinery Industry Co., Ltd.
Smart Stamping Solution
Taiwan
SHOPLINE
SHOPLINE Social Commerce
Taiwan
SpectroChip Inc.
The ONE InstantCare for COVID-19 Rapid Screening
Taiwan
Startek
Startek Cloud
India
Tailored Jewel Sdn Bhd
Malaysia’s First Omnichannel Online Jeweller
Malaysia
Taiwan Shin Kong Commercial Bank
OMNI-U
Taiwan
Takeda (Thailand), Ltd.
IBD Friend
Thailand
TCI Co., Ltd.
Innovation Service for Corporate ESG Value
Taiwan
Yes Energy Service Co., Ltd.
EV/EM Charging System
Taiwan
Yuanta Securities Investment Trust Co., Ltd.
Yuanta ETF AI Investment Platform
Taiwan
Yung Ching Realty Group
Yung Ching Realty App
Taiwan
Yung Ching Realty Group
iplus Smart Innovation Center
Taiwan

ORGANIZATION & CULTURE CATEGORY
COMPANY
WINNING INNOVATION TITLE
COUNTRY
[24]7 Customer Philippines Inc.
Project CoLove
Philippines
AP (Thailand) Public Company Limited
AP THAILAND: INNOVATION FROM EMPATHY CULTURE
Thailand
Criteo Singapore Pte Ltd
Strengthening Our Culture Of Inclusion Through And Beyond The Pandemic
Singapore
CTBC Financial Holding Co., Ltd.
We are family – Stronger Culture, Happy Workplace
Taiwan
CTG Brasil
Mapping of Social Innovations for Sustainable Tourism
Brazil
Dubai Police
Dubai Police Next 50 Innovation Hub
United Arab Emirates
E.SUN Commercial Bank, Ltd.
E.SUN Digital Transformation
Taiwan
MIT Hong Kong Innovation Node
MIT Innovation Academy
Hong Kong
Sofokus
Better Monday(R)
Finland

Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by enabling them to publish their stories directly on the BusinessWorld Web site. For more information, send an email to online@bworldonline.com.

Join us on Viber to get more updates from BusinessWorld: https://bit.ly/3hv6bLA.

Related Articles

Back to top button
Close
Close