The Hong Kong ICT Awards 2009: Best Business(Application) Award and
The Hong Kong ICT Awards 2009: Best Business (Application - SME) Award

1. Functionality
- Understanding and addressing the operational requirements of the user(s)
- Easy to learn and use
- Quality of work, reliability, screen layout, etc. well accepted by the user(s)
- Versatile in order to cater for operational efficiency and to provide a path for work re-engineering
2. Effectiveness & Efficiency
- Use of the software to formulate productivity strategy
- Value added after implementation
- Improved competitive edge in terms of efficiency and effectiveness
- Implementation: cost vs. effort
3. Competitiveness
- General improvement of competitive edge
- Improved business performance
- Critical comparison by function and feature with competing similar applications
4. Cost Performance
- Cost savings
- Contribution to revenue
5. Social Impact
- Discovering an under-resourced sector or opening up a new service area
- Direct benefit to the target user sector
- Enhancing public awareness of the use and benefits of ICT
- Stimulating interest and innovation in/ respect of further or similar applications
- Transforming the ICT industry
6. Presentation
- Materials presented in clear and logical form
- Clarity, structured and natural flow from one point to the next
- Duration, a balance between duration and content
- Questions and answers (appropriate respond to judges' inquiries with substantive answers)
- Quality of visual aids (hardware, signs, computer demonstrations, etc.)
7. Innovative use of IT
- Credit should be given to company with sound, executable and proven business model, in  which ICT is a key enabler (e.g. some eCommerce companies).


The Hong Kong ICT Awards 2009: Best Business (Product) Award

1. Functionality
- Understanding and addressing user requirements in the target industry
- Easy to set up, learn and use
- Quality of work, reliability, screen layout and presentation
- Simple and versatile in catering to operational efficiency and in providing a path for work re-engineering
2. Innovation
- First of its kind in Hong Kong, the region, or the world
- Effective deployment and integration of available resources or technologies
- Appropriate cost/benefit ratio in terms of the R & D expenditure
- The possibility of a breakthrough in an upgraded version or any plans to develop an upgrade
3. Market Performance
- Reasonable sales figures in the last 12 months, market share and penetration
- Projected sales figures for the coming 12 months and marketing strategy
4. Cost Performance
- Critical functional and by-feature comparison with comparable products
- Generation of higher added-value 
5. Social Impact
- Satisfying customer needs that were previously not possible or had been unmet
- Raising public awareness of IT
- Direct and indirect benefits to target user sector
- Transforming the industry
6. Presentation
- Materials presented in clear and logical form
- Clarity, structured and natural flow from one point to the next
- Duration, a balance between duration and content
- Questions and answers (appropriate respond to judges' inquiries with substantive answers)
- Quality of visual aids (hardware, signs, computer demonstrations, etc.)


The Hong Kong ICT Awards 2009: Best Business (Start-up Company) Award

1. Business Model, Financial & Investment Viability
- Clear understanding of the product positioning
- Well formulated market strategy and product plan
- Financial projection including investment plan, revenue targets and IRR
2. Innovation & Technology
- Application of suitable ICT technologies in the design and development of the product
- Product innovation
3. Execution, Team Composition & Implementation
- Scalability of the operation
- Composition of the execution team
4. Customer Base
- Quality of customer base
- Ability to maintain the market position and increase market share
5. Unique Selling Proposition
- Understanding and managing strategy for minimising competitions
- Protection of IPR, maintaining competitive advantage and differentiation