Jun 07, 2016 07:00 JST
Source: YPO
|
|
YPO Announces Thomas Alva Edison Innovation Award Winners - Creators of Innovations with Impact
IRVING, TEXAS, Jun 07, 2016 - (ACN Newswire) - YPO, the world's leading network of global chief executives and business leaders, announced the three winners of the Thomas Alva Edison Innovation Awards recognizing world-class innovators that have developed pioneering, breakthrough business solutions. The awards were introduced as a part of the inaugural YPO Innovation Week, a series of more than 50 events around the world focusing on the latest trends in innovation.
"The spirit of innovation fules YPO member companies," said Kevin Fallon, CEO of Pivotal Innovations Inc. and chair of YPO Innovation Week. "As Edison demonstrated, innovation is all about bringing a better future to the world now. Opening up these awards to our members brought innovation to the forefront of everyone's mind."
The awards, voted by members of YPO, were presented at the home of the 20th century's innovation lab, the Thomas Edison National Historical Park. YPO member Michael Lewis, founder of RealD, was announced as the overall YPO winner of the Thomas Alva Edison Innovation Award. This award celebrates an individual who embodies the Edison philosophy of iterative experimentation and learning to inspire the development of new products and services.
Fueled by his passion for movies and technology, Lewis founded RealD to perfect the visual experience on every screen and device around the world. The road to success was paved with multiple experiments using existing technology, expanding its capability and perfecting the result. From its initial launch in 2005 in 100 theatres showing one Disney film, RealD has grown to be utilized in more than 28,000 theatres in 72 countries. RealD is used in other applications outside of cinema, including laptops, tablets, mobile devices and automotives.
Des Watkins, CEO of Watkins Steel in Brisbane, Australia, received the Tommy Award in the "Out of the Box Innovation" category. This award recognizes a leader who overcame severe limitations in capital, materials and resources to develop an unusual solution to a challenge - stepping out of conventional thinking to achieve a viable solution.
Established in 1968 as a family business, Watkins Steel has grown from its humble beginnings to become a thriving force in the industry. By successfully integrating this 3D technological software (originally developed for surveyors), Watkins Steel created a completely unique end-to-end digital workflow for steel fabrication and installation. Of the company's recent innovation award, Watkins said, "We have won this award because we have been able to leverage an understanding of our customer's pain points to create this entirely digital process. I'm passionate about constant innovation, and when you are onto a winning thing you can't stop there."
James Peters, CEO of ShowerPot(TM), received the second Tommy Award, under the "Playfully Inspired Creativity" category. This award celebrates a leader who embodied Edison's use of team-based creativity, playful development techniques and humor to inspire the development of new products and services. Peters is an inventor, designer and patent holder of the highly effective, functional artwork, the ShowerPot(TM), that captures wasted water and "teaches North Americans to rethink what we do with our precious and diminishing drinking water."
"ShowerPot(TM) can replace the 50 billion bottles of water consumed each year in North America in just 12 days. Only 23 percent of these bottles actually make it to recycling with the balance continuing to pollute our oceans and landfill," said Peters. "ShowerPot(TM) is a functional piece of art that has been crafted after years of combining ancient technology with state-of-the-art, computer technology."
Following the Thomas Edison award ceremony, the award winners and other YPO members participated in the closing bell at the Nasdaq MarketSite in Times Square. Sir Richard Branson joined via live broadcast, as the final keynote speaker, to celebrate the successful conclusion of YPO Innovation Week.
ABOUT YPO
YPO is the premier chief executive leadership organization in the world, representing a global community of leaders committed to the shared mission of becoming "Better Leaders Through Lifelong Learning and Idea Exchange." YPO today provides more than 24,000 members in more than 130 countries with access to extraordinary educational resources, alliances with leading institutions, and specialized networks designed to support their business, community and personal leadership. Altogether, YPO member-run companies employ more than 15 million people around the world and generate USD6 trillion in annual revenues. For more information, visit www.ypo.org.
Contact: YPO Linda Fisk Office: +1 972 629 7305 (United States) Mobile: +1 972 207 4298 press@ypo.org
Source: YPO Sectors: Daily Finance, Daily News
Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
Latest Release
Fujitsu chosen for GENIAC project, starts development of large language models for logical reasoning May 17, 2024 14:03 JST
| NEC Leverages RISE with SAP and AI to Build Business AI in Move to the Cloud May 17, 2024 11:19 JST
| Honda and IBM sign Memorandum of Understanding to Explore Long-term Joint Research and Development of Semiconductor Chip and Software Technologies for Future Software-Defined Vehicles May 15, 2024 14:30 JST
| Eisai Initiates Rolling Biologics License Application to US FDA for LEQEMBI (lecanemab-irmb) for Subcutaneous Maintenance Dosing for the Treatment of Early Alzheimer's Disease Under the Fast Track Status May 15, 2024 11:19 JST
| SMEIC Proposes to Acquire Shanghai Prime: A Catalyst for Developing a New Dual-Wheel Driver Pattern May 14, 2024 21:54 JST
| DENSO and Certhon Introduce Artemy, A Fully Automated Cherry Truss Tomato Harvesting Robot May 14, 2024 11:02 JST
| Supercomputer Fugaku retains first place worldwide in HPCG and Graph500 rankings May 13, 2024 18:32 JST
| Eisai's Antiepileptic Drug Fycompa Approved in China for Adjunctive Treatment of Primary Generalized Tonic-Clonic Seizures May 13, 2024 17:06 JST
| Ogier and TOYOTA GAZOO Racing triumph again May 13, 2024 14:36 JST
| Spa points haul for TOYOTA GAZOO Racing May 13, 2024 13:56 JST
| DOCOMO to Launch NTT DOCOMO GLOBAL for Global Expansion May 10, 2024 18:13 JST
| Release of "Fugaku-LLM" - a large language model trained on the supercomputer "Fugaku" May 10, 2024 12:20 JST
| Paltalk, Inc. Reports Slight Increase in Revenue and 33% Reduction in Net Loss for First Quarter 2024 May 09, 2024 20:39 JST
| Cordlife Accelerates Lab and Technical Staff Recruitment to Rebuild Foundation and Strengthen Core Processes in Singapore May 09, 2024 19:00 JST
| Honda Opens New R&D Facility in Bengaluru to Accelerate Electrification in India May 09, 2024 14:13 JST
| Fujitsu introduces "explainable AI" for use in genomic medicine and cancer treatment planning May 09, 2024 10:41 JST
| Mitsubishi Heavy Industries Increases Dividends on Back of Historically High FY2023 Results, Releases FY2024 Guidance May 08, 2024 14:27 JST
| Rome becomes the first European city to offer open loop transit payments to JCB Cardmembers May 08, 2024 12:00 JST
| NEC X Invests in Public Safety Startup Multitude Insights, Scaling AI-Powered Collaboration and Information Sharing for Law Enforcement May 08, 2024 10:24 JST
| ServiceNow and Fujitsu announce strategic commitment to launch innovative cross-industry solutions May 08, 2024 08:52 JST
|
More Latest Release >>
|