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| The Hong Kong ICT Awards 2013: Best Business(Application) Award |
| 1. |
Functionality
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Understanding and addressing the operational requirements of the user(s) |
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Easy to learn and use |
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Quality of work, reliability, screen layout, etc. well accepted by the user(s) |
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Versatile in order to cater for operational efficiency and to provide a path for work re-engineering |
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| 2. |
Effectiveness & Efficiency
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Use of the software to formulate productivity strategy |
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Value added after implementation |
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Improved competitive edge in terms of efficiency and effectiveness |
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Implementation: cost vs. effort |
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| 3. |
Competitiveness
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General improvement of competitive edge |
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Improved business performance |
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Critical comparison by function and feature with competing similar applications |
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| 4. |
Cost Performance
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Cost savings |
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Contribution to revenue |
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| 5. |
Social Impact
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Discovering an under-resourced sector or opening up a new service area |
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Direct benefit to the target user sector |
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Enhancing public awareness of the use and benefits of ICT |
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Stimulating interest and innovation in/ respect of further or similar applications |
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Transforming the ICT industry |
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| 6. |
Presentation
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Materials presented in clear and logical form |
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Clarity, structured and natural flow from one point to the next |
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Duration, a balance between duration and content |
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Questions and answers (appropriate respond to judges' inquiries with substantive answers) |
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Quality of visual aids (hardware, signs, computer demonstrations, etc.) |
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| 7. |
Innovative use of IT
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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). |
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| The Hong Kong ICT Awards 2013: Best Business (Product) Award |
| 1. |
Functionality
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Understanding and addressing user requirements in the target industry |
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Easy to set up, learn and use |
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Quality of work, reliability, screen layout and presentation |
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Simple and versatile in catering to operational efficiency and in providing a path for work re-engineering |
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| 2. |
Innovation
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First of its kind in Hong Kong, the region, or the world |
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Effective deployment and integration of available resources or technologies |
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Appropriate cost/benefit ratio in terms of the R & D expenditure |
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The possibility of a breakthrough in an upgraded version or any plans to develop an upgrade |
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| 3. |
Market Performance
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Reasonable sales figures in the last 12 months, market share and penetration |
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Projected sales figures for the coming 12 months and marketing strategy |
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| 4. |
Cost Performance
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Critical functional and by-feature comparison with comparable products |
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Generation of higher added-value |
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| 5. |
Social Impact
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Satisfying customer needs that were previously not possible or had been unmet |
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Raising public awareness of IT |
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Direct and indirect benefits to target user sector |
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Transforming the industry |
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| 6. |
Presentation
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Materials presented in clear and logical form |
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Clarity, structured and natural flow from one point to the next |
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Duration, a balance between duration and content |
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Questions and answers (appropriate respond to judges' inquiries with substantive answers) |
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Quality of visual aids (hardware, signs, computer demonstrations, etc.) |
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| The Hong Kong ICT Awards 2013: Best Business (Start-up Company) Award |
| 1. |
Business Model, Financial & Investment Viability
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Clear understanding of the product positioning |
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Well formulated market strategy and product plan |
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Financial projection including investment plan, revenue targets and IRR |
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| 2. |
Innovation & Technology
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Application of suitable ICT technologies in the design and development of the product |
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Product innovation |
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| 3. |
Execution, Team Composition & Implementation
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Scalability of the operation |
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Composition of the execution team |
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| 4. |
Customer Base
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Quality of customer base |
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Ability to maintain the market position and increase market share |
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| 5. |
Unique Selling Proposition
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Understanding and managing strategy for minimising competitions |
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Protection of IPR, maintaining competitive advantage and differentiation |
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