Outsourcing Institute Names AltexSoft, Luxoft and Wipro Limited Winners of the 2015 BOTL Awards for Wall Street Tech Innovation

NEW YORK, June 1, 2015 /PRNewswire/ -- The Outsourcing Institute today announced  that AltexSoft, Luxoft, and Wipro Limited have been named the winners of this year's Best Outsourcing Thought Leadership (BOTL) Awards for Wall Street Tech Innovation.  The winners are being recognized at the Wall Street Tech Innovation Conference being held June 2, 2015 in NYC.

The Wall Street Tech Innovation BOTL Awards  highlight the cutting edge work of providers across the outsourcing industry showcasing industry-leading visionary thought leadership, best practices, and real world use cases that encompass innovation, creativity and results within existing client engagements.

A judging panel of eight independent senior sourcing executives and business decision makers from Fortune 1000 enterprises, facilitated by Jerry Luftman Ph.D, from the Global Institute for IT Management, evaluated the nominations for the Wall Street Tech Innovation awards in three categories based on a scorecard that measured timeliness, overall quality, uniqueness, usefulness and creativity.

Award Winners

1. Best Practices Thought Leadership - Wipro Limited for its best practices recommendations on "Semantics and Ontology - The Future of Data Aggregation."
2. Real World Use Case - Innovation - Luxoft for its development of an advanced data visualization (ADV) framework for the BFSI industry, that taps into existing data sources and delivers an executive dashboard that tells the story behind the numbers.
3. Real World Use Case - Cost Saving - AltexSoft for drastically cutting its client's costs by reducing its IT footprint and overall risk via implementation of a single client version and data center with a consistent schema.

"The challenges for tech executives on Wall Street and within the BFSI space in trying to balance cost, innovation, best practices, time to market while balancing regulatory concerns, emerging technologies and process automation are tremendous," said Frank Casale, founder of The Outsourcing Institute. "The Outsourcing Institute and the BOTL awards recognize the dedication and innovative work that these providers have delivered to their clients and applaud the contributions they have made in enabling their clients to meet their challenges head-on."

Previous BOTL award winners include AltexSoft  & VueWise, Capgemini & Client, Dell & Client, and Parasoft & NEC . 

The Outsourcing Institute also recognizes industry leaders in BPO (Business Process Outsourcing) Innovations. Companies can submit for the BPO BOTL awards until July 31, 2015. Winners will be announced at the Fall 2015 BPO Innovations Conference. Nominations can be submitted via this form. To learn more about the awards please visit http://www.oievents.com/botlawards/about.html. 

About The Outsourcing Institute 
Founded in 1993, The Outsourcing Institute is the largest neutral professional association dedicated solely to technology & outsourcing, comprised of more than 74,000 professionals worldwide and providing information, research, networking opportunities and customized outsourcing solutions to the industry. For more information, contact us at [email protected] or visit us online at www.outsourcing.com.

To learn more about The Outsourcing Institute and the upcoming Wall Street Tech Conference please visit www.oievents.com. The events are complimentary for outsourcing buyers.

SOURCE The Outsourcing Institute

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