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Polaris Financial Technology wins two prestigious awards at 8th Annual CIO 100

Polaris Consulting & Services Ltd. | IT - Software | IT & ITES | BSE: 532254 | NSE: POLARIS

29 Oct 2013 Evaluate

Polaris Financial Technology, a leader in products, solutions and services that enable unprecedented operational productivity for the global Financial Services industry, recently won two prestigious awards at the 8th Annual CIO 100 Awards organized by IDG's CIO Magazine. Polaris won 'The Astute 100 - Honoree 2013' and the 'Green Crusader' award at a grand ceremony held at the JW Marriott, Pune.

'The Astute 100 - Honoree 2013' Award recognizes and felicitates CIOs who have initiated innovative projects, which have enabled significant business growth and achieved lead on their competition. The award has been conferred to Mr. Shashi Mohan, CIO and CTO, Polaris for the innovative intra organizational social platform, called Octopus. Octopus, Polaris' Workplace Technology for collaborative project management, is a web based smart enterprise portal, providing an integrated and holistic approach to implement workplace technology and offer intuitive workspace to an employee. The innovative portal encapsulates key aspects such as Project Execution Efficiency, Sales Efficiency / Customer Account Management, Employee Engagement Efficiency and Knowledge Efficiency for the organization.

The Green Crusader Special Awards honor Indian enterprises that have implemented smart, efficient strategies to achieve 'green, sustainable IT'. It recognizes IT Strategies, that benefit the environment; that reduce an organization's carbon footprint while adding to business value.

Polaris won this award in recognition for the reduction of Carbon Emission by 3362 tons, which in turn has saved more than Rs 6 crore on power and travel costs. Carbon emission to this extent was achieved through various initiatives such as power saving through the company's PC shut down policy, decrease in hardware investment, effective utilization of servers and enablement of power saving mode in all desktops.

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Polaris Financial Technology wins two prestigious awards at 8th Annual CIO 100

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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