HDFC Life receives ‘2013 CIO100’ Award

India Infoline News Service | Mumbai |

The annual award program recognized organizations for being imaginative and innovative with their IT deployments in difficult economic conditions.

HDFC life, India’s leading long term private life insurance solutions provider has been awarded the CIO100 Award at the 8th annual CIO100 awards. HDFC Life was also awarded the Information Mastermind Special Awards. The annual award program recognized organizations for being imaginative and innovative with their IT deployments in difficult economic conditions.

On receiving the award, Thomson Thomas, CIO and SVP – Business System & Technology, HDFC Lifesaid, “Winning the CIO 100 award is a great recognition for the success of the effort of the entire HDFC Life team on our point of sale project Click2Buy. This is also a remarkable achievement for the entire HDFC Life Technology team. This project is aligned to the organization’s strategic theme on unique customer/distributor experience and is built based on an 'outside in' architecture. This project has fundamentally changed the way we manage our new business process in a cost effective and efficient manner. The Information Mastermind Special award recognizes the effort of the HDFC Life team, from business and technology, which has taken business planning to yet another level ensuring that we plan and manage our business much more efficiently and effectively. ”
 
Commenting on the occasion, CIOmagazine’s Editor-in-Chief, Vijay Ramachandran says, “Uncertain economic situations, challenging business requirements, fast-changing market needs and demanding end-users are the new normal. CIOs are now expected to deliver superior IT solutions and execute larger number of business technology projects with shortened timelines, fewer resources and tighter budgets. Therefore, this year’s CIO100 awards theme was aptly chosen as - The Astute 100 - that recognized and felicitated the CIOs who have been imaginative and inventive in these times; and adept and astute in converting the handicaps to their advantage while not only enabling their businesses to grow but also extend their lead on their competition. Many congratulations to HDFC Life.”

 

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