Enterprise Asia is pleased to honor 52 winners at the 2021 International Innovation Awards. Spearheading the innovation revolution, the International Innovation Awards, which aim to create an innovation ecosystem for businesses, are organized each year for reward exceptional innovations around the world.

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

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

The award attracted an exceptional mix of nominations from various sectors and countries such as Brazil, Finland, Germany, Hong Kong, Italy, Japan, Singapore, Taiwan, United Kingdom and United States of America. ‘America. 52 won out of 260 entries by undergoing a rigorous evaluation process by a jury composed of eminent judges in three categories: product, service and solution and organization and culture.

“To best prepare our organizations for IR 4.0, we need to instill greater innovation within our organizations. We must empower our employees to constantly innovate and create a culture of innovation within our respective companies. Institutionalize it, so that innovation becomes ubiquitous in our organizations rather than a function or reaction to market forces. Therefore, the key is not only to change the way we do business, but also to change our mindset, ”said Richard Tsang, President of Enterprise Asia, in his welcome speech.

Notable “InnoCube” recipients in the product category include CYBERDYNE Inc. of Japan with its Wearable Cyborg HAL, the world’s first portable cyborg that uses brain waves to control movement, and E. SUN Commercial Bank, Ltd. . from Taiwan with E.SUN Smart FX Service, which is a comprehensive FX service with anti-fraud features built into its transactions.

The estimated winners in the Service & Solution category are SHOPLINE from Taiwan with SHOPLINE Social Commerce, a comprehensive platform that tailors all-in-one commerce solutions for every type of business, and Ambiq from the United States of America with its ultra low consumption processor. Solutions for IoT terminals, which is the most energy efficient sensor processing solution on the market.

Top winners in the Organization and Culture category include Dubai Police with the Dubai Police Next 50 Innovation Hub, a transformational initiative to rethink Dubai’s police innovation ecosystem, and Sofokus Finland with Better Monday® , which is an organization management system that measures employee happiness in the workplace to achieve a corporate culture of happiness.

Prior to the International Innovation Awards, the 2021 International Innovation Summit was held during the day. Under the theme “Unleash your organization’s innovation superpower”, the virtual summit aimed to encourage organizations to tap into their internal innovation power to innovate in a profitable way that creates value and captures the interests of customers.

Over 300 innovation experts, industry leaders and decision-makers from around the world gathered at the summit to share and exchange the latest information on tackling uncertainty and exploring the unknown for organizations to innovate, grow. and evolve.

At the opening of the summit, Enterprise Asia President Dr Fong Chan Onn said, “Organizations must be courageous to explore uncertainty to innovate and create. As our travels grow and evolve, so should our ideas. Improving the capacity for innovation has become vital to stay in tune with the times.

Among the keynote speakers is Josemaria Siota, Executive Director of IESE Business School, who covered the topic “Innovations of Start-ups in Deep Technology: Challenges, Opportunities and Trends”. Siota shared valuable insights on establishing a start-up mindset and culture to develop new technologies and offerings and keep organizations on track.

Other speakers include Alexey Semeney, CEO and Founder, DevTeam.Space; Andy Chun, regional director and technological innovation of Prudential Corporation Asia; Akina Ho, Head of Digital Transformation and Innovation at Great Eagle HK; Praveen Lala, global director of delivery, processes and operations for GE Digital; Raushida Vasaiwala, General Manager of APAC at Celtra; Makoto Shibata, Head of FINOLAB and Head of Community of FINOLAB INC. ; Guy Parsonage, Partner & Experience Consulting Leader of the PwC Experience Center, Hong Kong; Ivana Bartoletti, Wipro Global Data Privacy Officer and Founder of the Women Leading in AI Network; William De Vos, APAC Managing Director of Board Of Innovation; Dr Geoffrey Yuen, Chief Scientist at Parallel Chain; with Gary Ng, co-founder and CEO of viAct, and Martin Daffner, founder and innovation architect and corporate innovation coach of INNOBRIX, as moderator.

The International Innovation Awards and the International Innovation Summit are organized annually by Enterprise Asia, Asia’s largest non-governmental organization for entrepreneurship and are supported by the British Chamber of Commerce in Singapore, the Council Canada-ASEAN Commercial (CABC), Malaysian Alliance of Corporate Directors, Global Center for Innovation and Creativity (MaGIC), Malaysia-Thai Chamber of Commerce, National Agency for Technological Entrepreneurship Development and Commercialization (NATEC) Vietnam, National Science and Technology Development Agency Thailand, FVO – German Association of Asian Pacific Businesses, Singapore Thai Chamber of Commerce (STCC), The Malaysian Chamber of Commerce (HK and Macau) Limited (MAYCHAM). PR Newswire as official press release distribution partner and 3Particle as 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 as official media partners.