By Peter High, published on Forbes
05-01-17
For the second year in a row, I have the privilege of announcing the Forbes CIO Innovation Award winners, recently announced at our Forbes CIO Summit at Half Moon Bay. Like last year, the award focuses on revenue enhancing innovation led by the information technology department. It has been wonderful to see such a wide array of chief information officers drive aspects of the innovation conversation as a starting point, as this is not yet the domain of the average CIO, but rarer still is the CIO who leads revenue augmenting innovation activities. The 2017 winners of the Forbes CIO Innovation Award have each driven significant revenue from their perch as leaders of the information technology division of the company.
The three winners of the 2017 award are:
Jim Fowler, Chief Information Officer of General Electric, who has helped drive Predix, which is the operating system for the Industrial Internet, powering digital industrial businesses that drive the global economy. It has already led to nearly $1 billion in productivity gains, and is projected to garner billions more in revenue lift for the company.
Trevor Schulze, the Chief Information Officer of Micron Technology drove the development of an Enterprise Analytics and Data IT group that has developed nine figures of revenue growth.
Lidia Fonseca, the Chief Information Officer of Quest Diagnostics, who drove the development of an end-to-end digital experience for the company’s customers through the Quanum suite of technology and data analytics solutions, also driving roughly nine figures of revenue lift for the company.
In 2016, the award was bestowed upon John Marcante, the CIO of Vanguard, Federico Flores, the Chief Information and Innovation Officer of Ferrovial, Michael Macrie, CIO of Land O’ Lakes, and Kim Stevenson, the CIO of Intel.
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