Mumbai, August 31, 2008: IDG India's CIO magazine has recognized SpiceJet Limited as a recipient of 2008 CIO 100 Award. The annual award program recognizes organizations that exemplify the highest level of operational and strategic excellence in information technology (IT). This year's award theme, "The Bold 100", recognizes those executives and organizations who embrace great risk for the sake of great reward. These organizations are playing not just to survive, but to win.
SpiceJet Limited, India's "best low cost airline"*, has clearly made its mark in the field of Technological innovation in aviation. Its technology platform allows for safe transaction of business and is a core support function of all the key processes of the company.
As the first implementer of Decision Manager, an automated risk management solution, in LCC arena, it has effectively addressed the issue of online fraud.
Online payment mechanism for tickets: SpiceJet is the first in the airline industry to implement a Direct Debit solution for the direct purchase of tickets with payment through Net-banking. Most airlines only provide credit card payment through their Web sites.
Commenting on this special recognition Virender Pal, Chief Technology Officer – SpiceJet Ltd., said," We at SpiceJet always thrive to create and induct revolutionary IT tools for customer satisfaction and overall business growth. I am happy that we were able to bring this honour to the company, two years is a row. This is recognition of all our efforts and is dedicated to the team and management whose unstinted support and hard work have led to success. "
"The Bold 100 honorees stand out because they have dared to take on risk for the chance of reward in challenging business climates," says Vijay Ramachandran, Editor-in-Chief, IDG India. "The CIOs leading these projects are smart, inventive and determined — I offer them my best wishes."
The CIO 100 Awards will be presented at a grand function honoring winners on September 6, 2008 at Jaipur. For more information on the awards, please visit www.cio100.in
About SpiceJet:
SpiceJet is India's 'best low cost airline' *, delivering the lowest air fares with the highest consumer value. We operate over 94 flights daily to 15 cities viz, Ahmedabad, Bagdogra, Bangalore, Chennai, Coimbatore, Delhi, Guwahati, Goa, Hyderabad, Jammu, Kolkata, Mumbai, Pune, Srinagar, and Varanasi. Our on-time performance is amongst the best in India, at 82%, coupled with a Technical Dispatch Reliability of 99.6% making us an airline with least cancellations. SpiceJet's new generation fleet of 15 Boeing 737-800 / 737-900ER aircraft are backed by cutting edge technology and infrastructure to ensure the highest standards in safety and operating efficiency.
* SpiceJet was recognized as Best Low Cost Airline for 2007 by TAFI (Travel Agents Federation of India)-Abacus, awarded at Kota Kinabalu, Malaysia earlier this year
* SpiceJet voted the Best Low Cost Airline by a reader's survey conducted nationally by India's leading travel magazine Outlook Traveller. (Feb 2008)
About CIO 100 Awards
CIO magazine has a long and proud tradition of honoring leading companies for business and technology leadership and innovations through its premiere award program – CIO 100. Now in its 21st year in the USA, it is an acknowledged mark of enterprise IT excellence. It's a celebration of 100 organizations (and the people within them) that are using information technology in innovative ways to deliver business value, whether by creating competitive advantage, optimizing business processes, enabling growth or improving relationships with customers. Hosted in countries such as Canada, Sweden, Australia, Singapore, Vietnam, Hungary and India, the CIO 100 Awards is a truly global recognition. It is an acknowledged mark of excellence in enterprise IT. According to a survey by PR Week magazine, CEOs named CIO 100 among the top 10 most influential corporate scorecards anywhere, compiled by any publication or organization.
For further information, please contact
Venisha D'souza/ Janhavi Bellare
Hanmer MS&L
9987064627 / 9322854508
venisha@hanmermsl.com / janhavi@hanmermsl.com
Sunday, August 31, 2008
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