Background

Innovative technologies, with the recent focus on decision analytics, provide the main source of competitive advantages for the Hong Kong’s economic growth. Many companies have strong needs to transform and improve their business by innovative technologies, especially decision analytics which is considered as the next phase of artificial intelligence – using machines to make decisions, in real world, dynamic environments under different sources of uncertainty.

Decision Analytics Outstanding Award

With the collaboration efforts of academia and the government, this Decision Analytics Outstanding Award was established by Big Data Intelligence Centre (BDIC) in 2022. This decision analytics outstanding award aims to recognize outstanding decision analytics inventions and applications among industries, through promoting signature event of industry award. Thereby, more excellence Hong Kong’s talent and enterprises would be encouraged to pursuit of innovation and creativity on business and social needs. This industry award focuses on the impact of decision analytics technologies including, but not limited to, artificial intelligence, cloud computing, big data analytics, digital workforce, etc. Those technologies are considered as the major driving forces for the companies to compete in the dynamic business environment nowadays.

Award Objectives

• Recognize Excellence: Celebrate companies that successfully adopt and implement decision analytics inventions and applications
• Drive Business Impact: Highlight how data-driven decision-making improves efficiency, manages risk, and creates tangible business value
• Promote Best Practices: Foster a culture of continuous learning and deep integration between industry, academia, and research
  

Category 1: Large Enterprises (Employee number >250)

• Outstanding Business Analytics
  • Recognizes organizations that have successfully leveraged business analytics and decision analytics to transform operations, improve strategic decision-making, and create measurable business value.
• Best Practice
  • Recognizes organizations that demonstrate excellence in the successful implementation, management, and operationalization of analytics-driven initiatives.

Category 2: Small and Medium Business (Employee number ≤ 250)

• Outstanding Innovative Idea
  • Recognizes innovative and high-potential ideas that demonstrate creativity, originality, and future business value through data and analytics.
• Outstanding Data in Action
  • Recognizes SMEs that effectively transform data into actionable insights and business results.

• The Award is open to all business sectors.
• All companies in Hong Kong and Greater Bay Area are welcome to submit the application.
• Companies with employee more than 250 will be considered as Large Enterprise.
• Companies with employee at most 250 will be considered as Small and Medium Business.
• The Organizer reserves the rights to make the final decision on the eligibility of entrants.

Criteria 1: Innovation and Technologies of Decision Analytics (20%)

• Evaluate the degree of originality, technological advancement, and sophistication of the decision analytics solution
  • Uniqueness and differentiation from existing industry practices.
  • Technical excellence and scalability of the solution.

Criteria 2: Solution Demonstration and Use Cases  (20%)

• Assess the effectiveness of the demonstrated solution and its practical application in solving real-world business challenges
  • Clarity and completeness of the solution demonstration.
  • Relevance and significance of the business problem addressed.
  • Quality of use cases and evidence of successful application.

Criteria 3: Business Values and Impacts (25%)

• Evaluate the measurable business outcomes and organizational benefits generated by the solution.
  • Competitive advantage and strategic value created for the organization.
  • Quantifiable business results supported by performance indicators.
  • Positive impact on customers, stakeholders, and business performance.

Criteria 4: Implementation & Execution (20%)

• Assess how effectively the solution has been planned, deployed, and managed within the organization.
  • Effectiveness of project management and execution strategy.
  • Successful integration with existing business processes and systems.
  • Level of user adoption and organizational acceptance.

Criteria 5: Sustainability and Future Plan (15%)

• Evaluate the long-term viability, scalability, and future development of the initiative.
  • Sustainability of the solution and ongoing value generation.
  • Continuous improvement and innovation roadmap.
  • Alignment with ESG, sustainable development, or responsible AI principles where applicable.

Stage I: Preliminary Screening and Shortlisting

• Submission will be in the form of presentation slides for 20 pages-25 pages.
• Submissions from all applicants will be screened and shortlisted by the Assessment Team.

Stage II: Assessment

• Shortlisted submission will be assessed by the Judging Panel, consisting of representatives from industrialists, experts and scholars.
• The shortlisted entries may be asked to provide additional information or supporting documents if necessary.

Stage III: Final Judging

• Based on the assessment results and information provided, the Judging Panel will make the final decision regarding award recipients.
• All decisions made by the judging panel is final.

Application Procedures

Format

• Submission will be in the form of presentation slides for 20 pages-25 pages.
• Submission can be written in Chinese or English.
• Appendix with supplementary information can be provided.

Suggested Content (Reference Only)

1. 1. Brief Introduction of Company
      • You may mention the core service(s) or product(s) provided by your company.
      • What are the missions, objectives and vision of your company towards decision analytics?
   2. Overall Strategy & Implementation
      • Brief introduction in Decision Analytics elements
      • Successful case story   
   3. State the features according to following judging criteria
      • Innovation and Technologies of Decision Analytics
      • Solution Demonstration and Use Cases
      • Business Values and Impacts
      • Implementation & Execution
      • Sustainability and Future Plan

• Companies with outstanding achievements in decision analytics inventions and applications will be recognized and publicized.
• Award winners will be invited to attend the DAOA Ceremony on 18 June 2027. 
• Winners will be entitled to:
  • Trophy and Certificate 
  • Company logo and media exposure at the Awards Ceremony
  • Exposure on BDIC webpages
• Award winners will be invited to share their success stories and industry experiences at seminars and sharing sessions.

Winners of Decision Analytics Outstanding Award 2023

Winners of Decision Analytics Outstanding Award 2025