A new award has been launched to recognise up-and-coming companies in the Federal Government ICT market. The award will recognise and profile companies that achieve the fastest rate of growth over three years in the total value of their ICT contracts with Federal agencies.
Based on the notion of leap-frogging the competition, and just to engender a bit of frivolity into an otherwise serious industy, the awards will collectively be known as "The Froggies", and each individual award will be know as a 'Froggy'.
The Froggy award has been created by Intermedium. In announcing the new award, Judy Hurditch (Intermedium Director), said “Each financial year we publish the full ranking of ICT suppliers to Government. We identify the Top 100, and announce the Top 10 suppliers at our annual 'State of the Market' briefing. In 2005-06, KAZ was the winner, eclipsing Telstra, IBM and EDS.”
”With The Froggy, we will be identifying the fastest moving companies - in effect the challengers of tomorrow. I think people will be surprised to see who makes it into the Froggy Top 5 this year. These companies may well become Top 10 suppliers in the future,” she said. “While they may not be anywhere near the overall size of the current market leaders, The Froggies' finalists will provide a clue as to the solutions that are on the rise in the Federal Government market.”
The top five companies will be acknowledged, as well as an overall winner. To be eligible to win an award, ICT suppliers will need to achieve a minimum of $100,000 in ICT contracts in the Federal government market in each of the 3 years (2004-05, 2005-06 and 2006-07).
The awards will be announced at Intermedium’s briefing on the Federal Government ICT market, in Canberra on 31 October.