Information Technology is today a key component in almost every industry, supporting growth, quality and standards of customer service, as well as helping to drive down costs. In many cases, including finance, transportation, trading and telecommunications, Hong Kong's industries have been recognized as world leaders in their own right due to their successful deployment of IT as a key component of their respective service strategies.

To further promote the use of IT, stimulate innovation and competitiveness in the IT industry and raise public awareness of IT application and development, the Hong Kong Computer Society (HKCS) each year organizes an industrial award programme - the IT Excellence Awards to recognize, encourage and promote the world class application of IT in Hong Kong.