Forbes announces winners of CIO Innovation Awards
The latest winners of the CIO Innovation Awards have been announced at the Forbes CIO Next Summit, held recently in New York City.
The awards focused on recognising the individual progress, innovation and achievements of the world’s leading Chief Information Officers, making significant impacts on revenue growth for their respective companies through these means.
The winners are as follows:
Suren Gupta, Executive Vice President of Allstate Technology and Strategic Ventures
Gupta achieved the award largely due to his role in launching the Good Hands Rescue Mobile initiative, a digital solution that aims to aid drivers in stranded vehicles.
Currently, Good Hands Rescue Mobile helps 25,000 on a monthly basis, something that has given Allstate an eight digit rise in revenues.
James Swanson, Chief Information Officer of Monsanto
Swanson played a leading role in the development of Monsanto’s cloud-based science data platform known as Science@scale.
“This analytics ecosystem has driven a cost savings increase of over $15mm and sales revenue increase of $17mm in the US by completing months of scientific work in a matter of hours,” Forbes said.
Lynden Tennison, Senior Vice President and Chief Information Officer of Union Pacific
By internally developing their software through a separate subsidiary, PS Technology, whilst simultaneously launching Breeze Broadband Communications, a new wireless ISP company that leverages other corporate assets, Tennison played a vital role in generating over $50mn in revenue, doubling current numbers for Union Pacific.