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Enterprise Innovation Award Guidelines 2024
Enterprise Innovation Award Guidelines 2024
Innovation
Business
Platform (AIBP)
Enterprise
Innovation
Award
2024
Guidelines
AIBP at a Glance
Since its inception in 2012, the ASEAN Innovation Business Platform (AIBP) has
served as an avenue for public and private enterprises across ASEAN to
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General Information
and Purpose
The Enterprise Innovation Awards was established in 2017 by AIBP with
the key objective of giving recognition to organisations who have embarked
on projects to digitally transform their business through the adoption of
innovative technology. The awards are held annually in the following
ASEAN countries: Indonesia, Malaysia, Philippines, Thailand and Vietnam
Eligibility
To be eligible for an award:
The firm must be based in the country of nomination and the project was
implemented in the country of nomination
The project was launched, in part or in full within the last 12 calendar months
of the nomination date,
OR
The project was launched more than 12 calendar months preceding the
nomination date and had recent innovations to improve the
product/service/project
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Join the Ranks of Digital
Transformation Leaders
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2023 Nominate
2022
EVNHCMC
2021
2022
2020
2019
2018
2017
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Media Coverage
and More....
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Entitlement for
Winners
Scan here to Nominate
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Entitlement for
Winners
Scan here to Nominate
Listen on:
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Entitlement for
Finalists
Scan here to Nominate
20 complimentary Attendee Passes for staff of the firm to attend AIBP Finalist showcase
Online discussions throughout the presentation weeks
10 Complimentary passes to attend in country AIBP Conference and Exhibition (C&E),
including access to the keynote session.
16th & 17th July, Bangkok, Thailand
6th & 7th August, Jakarta, Indonesia
3rd & 4th September, Kuala Lumpur, Malaysia
17th & 18th September, Manila, Philippines
15th & 16th October, Ho Chi Minh City, Vietnam
2 Complimentary passes to attend the Private Lunch Networking Session at AIBP C&E
Opportunity to nominate a guest panelist to be part of AIBP C&E or AIBP Online
Full access to AIBP’s online library of digital content. Two complimentary access codes
will be allocated to the Company, each for 6-month subscription to online presentations
of digitalisation projects in ASEAN.
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2024 Innovation
Award Timeline
Scan here to Nominations Open
Nominate Proceed to the online nomination
page
Fill out the company and
representative details
Nominations Close
11 March 2024
Nominations will be screened by an
independent panel of judges
Finalists Notification
10 April 2024
Finalists will be shortlisted, and notified of
their participation in the Finalist showcase
along with their allocated presentation
Finalists' Showcase location, date and time slots.
8 - 31 May 2024
Finalists for General Category will
complete online presentations via Zoom
Finalist for Data Category will complete in-
person presentations in 1 of the following Winners Notification
locations (Kuala Lumpur, Malaysia; 18 June 2024
Bangkok, Thailand; or Jakarta, Indonesia) Winners of the awards will be notified
after written nominations and
presentations are reviewed by a final
Award Presentations judging panel.
16th & 17th July, Bangkok,
Thailand
6th & 7th August, Jakarta
Indonesia
3rd & 4th September, Kuala Lumpur
PR and Podcast Features
Malaysia
17th & 18th September, Manila
Philippines
There are no
15th & 16th October, Ho Chi Minh City financial obligations
Vietnam
for winning the
award.
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FAQs
1. Is there any financial obligations required upon nomination or winning the
award?
There is no financial obligations for nominating or winning the award.
2. How many award winners will there be for 2024 ASEAN Enterprise
Innovation Award?
There will be Two Award winners per country.
One award in each of the following categories will be selected for each country:
Scan here to
Nominate
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FAQs
Criteria Description
Problem
The idea behind the nomination/project is clear, with innovative
Statement &
use of technology to address the problem statement.
Idea
Future Plans & The nomination/project will be developed further as part of the
Potential overall innovation strategy.
Scan here to
Nominate
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FAQs
5. Can you Share How a Sample Nomination Looks like?
Describe the motivation for the enterprise to embark on digital transformation (maximum 250
words)*
Guidelines: The below paragraph should provide a short introduction of the Nominee's operating
environment and the reason why the nominee decided to embark on digital transformation.
Our motivation for embarking on digital transformation is to improve our customers' experience and stay
competitive in our field. We are a manufacturing company that specializes in producing high-tech equipment for
various industries, and the pace of technological advancement in our field is rapid. In order to stay competitive, we
need to have accurate, up-to-date information on our production and efficiency so we can make data-driven
decisions and optimize our operations. In addition, we are committed to providing the highest quality products and
services to our customers, while also being sustainable in our operations.
To achieve these goals, we needed to digitize and centralize our data and information, so we could easily access and
analyze it in real-time. We also wanted to use data analytics to gain insights and improve our decision-making
process. Furthermore, We wanted to be more effective in utilizing the wealth of knowledge and best practices we
have accumulated over the years. To do this, we have been implementing digital technologies such as IoT and big
data analytics to digitize and centralize our data and information, making it more easily accessible and actionable.
Describe the digital transformation initiatives that the enterprise has embarked on in the past
9-12 months (maximum 250 words)*
Guidelines: The below paragraph should discuss the steps taken to implement the digital transformation
initiative. Why is this product/solution unique or innovative compared to others in the market? How has the
implementation of the solution brought benefit to end-users or customers? Do also mention the use of any
frontier technology(ies) such as IoT, AI, Robotics, Immersive Tech, Blockchain etc.
We have embarked on several digital transformation initiatives to improve our operations and stay competitive in
our field over the past year.
One of the main initiatives we have implemented is the digitisation of our production and quality metrics data. We
have developed a QC application that allows us to collect, analyse and report on the quality data from our
production lines in real-time. This has helped us to identify and resolve quality issues quickly, and improve our
overall product quality.
Another initiative that we have implemented is the use of on-field android applications for warehouse management.
These applications have improved the efficiency and accuracy of our warehouse operations by allowing us to track
inventory, manage shipments and monitor performance in real-time. We have also implemented an automated
storage system which has helped us to optimise the usage of our warehouse space and streamline our inventory
management process. We have installed sensors at different levels of production to estimate the production at each
level.
In addition, we have developed a real-time cost analysis dashboard that allows us to track and analyse production
costs in real-time. This has helped us to identify and reduce unnecessary costs and improve our profitability.
Furthermore, we have implemented Reporting and Analysis tools to track and analyse our production data, which
helps us to identify trends, detect bottlenecks and take action in order to optimise the production process.
Lastly, we have implemented infrastructure monitoring tools that provide us with real-time visibility into the
performance of our IT infrastructure and help us to anticipate and prevent issues before they become critical.
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FAQs
5. Can you Share How a Sample Nomination Looks like?
Describe the results that are seen in the past 9-12 months, following these digital
transformation initiatives (maximum 200 words)*
Guidelines: The below paragraph should discuss the results of the digital transformation initiative. It should
describe What is measured and how current results compare with historical performance.
Since implementing these digital transformation initiatives, we have seen significant improvements in our
operations. The digitization of our production and quality metrics data has greatly improved the efficiency and
accuracy of our operations. With the QC application, we have better collaboration and real-time decision making
capabilities, and no longer have to rely on manually updating data in Excel, a tedious and human-intensive process.
Our warehouse management system (WMS) has also seen improvements thanks to the use of on-field android
applications. Real-time updates on the field have made it easier for our on-field staff to identify and track inventory,
resulting in increased efficiency and faster shipping. Additionally, the automation of spare parts tracking has
reduced redundancy and dearth of stock, leading to less downtime and maximum utilization of resources.
We have also implemented infrared sensors and counters in our production process to estimate losses at each stage
more accurately. This has helped us to increase productivity and quality by understanding the problems more
effectively.
In addition, the use of a real-time cost analysis dashboard has helped us to define the selling price to our
distributors more effectively and reduce the risk of incorrect pricing, while also providing control over the cost of
production. Our reporting and analysis capabilities have been greatly improved through automation. Real-time data
from multiple machines and locations is now easily accessible, providing us with better insights than before, and
allowing us to understand our progress and take steps to improve.
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FAQs
5. Can you Share How a Sample Nomination Looks like?
Describe plans to develop the above initiative further or how the above initiative is a part of
the overall digital transformation strategy (maximum 200 words)*
Guidelines: The below paragraph should discuss the scalability of the digital transformation initiative and how
it fits into a larger plan. Or, how the initiative can be scaled up or developed further as part of the firms
strategy.
The digital transformation initiatives we have implemented in the past 9-12 months are just the beginning of our
overall strategy to become a fully digital organization in the next 2 years. Our goal is to transform ourselves in line
with tech companies and stay ahead of our competitors.
We plan to automate as much of our processes as possible and eliminate human intervention wherever feasible.
Additionally, we want to implement new trends in the industry such as IoT, data sciences, machine learning, and big
data.
To achieve these goals, we plan to integrate all of our data into a single system where we can effectively utilize all of
our data. We also plan to phase out our legacy applications and move to modern platforms. We also intend to
enhance our network and system security to safeguard our organization from any cyber-attacks.
We also plan to digitalize and eliminate all of our manual data wherever we can and minimize human intervention
by using sensors and APIs to interact with machines and automate the collection process. Our goal is to move from
a people-centric organization to a data and people-centric organization.
As a part of our strategy, we plan to migrate our existing ERP to a new one that is cloud and IoT ready. This will help
us to connect and analyze data from different machines and systems in real-time. Lastly, we also plan to implement
at least one data science project, specifically targeting our production quality based on the input material and other
factors. This will help us to improve the quality of our products and the efficiency of our operations
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2023 Winners Indonesia
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2023 Winners Malaysia
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2023 Winners Philippines
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2023 Winners Thailand
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2023 Winners Vietnam
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AIBP serves as an avenue for public and private organisations in
Southeast Asia to access and exchange information about growth
and innovation within the B2B space. With a current network of
over 30,000 stakeholders in Southeast Asia, AIBP continues to
develop ecosystems by engaging in activities which create value-
adding information for our stakeholders seeking to make
transformative impacts within their organisations.
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