BANGALORE, India, Oct. 18, 2012 (GLOBE NEWSWIRE) -- iGATE (Nasdaq:IGTE), the first integrated Technology and Operations Company providing Business Outcomes-based solutions, today announced it won the prestigious Golden Peacock Innovation Management Award for the year 2012 under the 'Information Technology' category.
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The award, established by the Institute of Directors, is regarded worldwide as one of the most esteemed recognitions for Organizational Innovation. It aims to discover and recognize the best-in-class capabilities of enterprises that build and leverage technological innovations, human capital and entrepreneurship for superlative customer value.The selection process for the coveted award is carried through the nominations and rigorous assessments by the panel of juries consisting of eminent personalities from various fields under the Chairmanship of Justice P. N. Bhagwati, former Chief Justice of India and Member, UN Human Rights Commission. Organizations are divided according to their annual turnover into Large, Medium or Small enterprises and compete separately for different industrial sectors under 'Manufacturing' or 'Service' categories. Manoj K Raut, CEO & Director, Institute of Directors said, "iGATE inculcates and empowers new ideas and thoughts amongst its workforce which cascades to benefit its customers as well. We congratulate iGATE for driving highest standards of innovation, leadership and being considered as the winner of Golden Peacock Innovation Management Award for the year 2012." Accepting the award, Anil Bajpai, Senior Vice President and Head of Innovation, iGATE said, "We are delighted and honored to be presented with this coveted award. At iGATE, it is our constant endeavor to foster an environment and ecosystem where innovation thrives. This award is a testimony towards our goal of ideating, conceptualizing and executing innovation on a consistent basis for our customers and encouraging the same in our workforce." The award ceremony was held during the London Global Convention on October 12, 2012 at Lord's Ground, Marylebone Cricket Club, London, UK. The awards were presented by The Rt Hon Dominic Grieve QC, MP, Attorney General for England and Wales along with The Rt. Hon. Baroness Verma, Parliamentary Under Secretary of State for Energy, Climate Change, UK in the presence of distinguished gathering of business leaders, jurists, academics, parliamentarians, economists, legislators and policy makers.