Congratulations to the 2008 Innovation Award winners!
We recently announced the three category winners of the 2008 Itanium Solutions Alliance Innovation Awards and we’re impressed by the results that that have been able to achieve using Itanium-based technology. We had a large number of entries in all categories from around the world showing how Itanium-based solutions are making a huge impact in a variety of areas. It was very challenging to pick a winner in each of the categories. But we did and the winners are…
In the category of Humanitarian Impact Innovation; The University of Houston
Researchers at the University of Houston Bioinformatics Laboratory developed an application running on Itanium-based systems to computationally identify and monitor microbial genetic diversity using the latest advances in genomic sequencing technology and high performance computing. Drs. Yuriy Fofanov and Lennart Johnsson are tackling these challenges by focusing on how microorganisms are impacted by global warming, human activities and toxic waste.
In the category of Entrepreneurial Innovation; S7 Software Solutions
This firm based in Bangalore ported more than 2 million lines of software code and developed new instruction sets for a Fortune 100 company’s transaction processing system, which includes mortgage loans and other financial service products. The update helped the client keep pace with the competition by offering a more stable processing environment and faster transaction response times.
In the category of Enterprise Business Applications; Protégésoft
This Singaporean company replaced its outdated and cumbersome legacy mainframe system with Intel Itanium architecture to take advantage of Itanium’s availability features. Their Financial Portfolio Builder on Itanium-based systems was a tool that helped their investment banking clients achieve annualized portfolio returns of more than 22 percent with an efficiency of almost 30,000 times faster than their previous methodology. Most impressively, the solution reduced training time from 6 months to a half day and helped increase transactions from 2 to 58,000! (Yes, we mean 2 to 58,000…or an increase of nearly 3 million percent!)
Tags: innovation awards