WEF selects Aditi technologies as a new champion

WEF selects Aditi technologies as a new champion

By SiliconIndia   |   Wednesday, 12 September 2007, 07:00 Hrs
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Bangalore: Aditi Technologies, a provider of offshore product development (OPD) services, has been chosen as a founding member of the World Economic Forum's (WEF) newly created Community of Global Growth Companies (GGC) at the inaugural meeting of the New Champions, held in Dalian, China, from 6th to 8th September 2007. Aditi is the only OPD company and one of the three Indian IT services companies to be accorded this honor.

WEF defines these New Champions as the new generation of companies that will fundamentally change the global competitive landscape companies that are fast growing, expanding outside their traditional boundaries, and reshaping the world they live in. The WEF has created the GGC community to support this next-generation of businesses as they navigate new geographies, markets, cultures, and regulatory systems on their way to becoming the industry leaders of tomorrow.

Klaus Schwab, Forum Founder and Executive Chairman, WEF, in announcing the creation of the new community of global leaders, welcomed the 125 founding member companies as those destined to join the ranks of global multinationals in the next 5 to 10 years. 40 percent of these companies are from Asia; 26 percent from Europe; 20 percent are based in the Americas; and 14 percent come from Africa and the Middle East.

Aditi was also recognized as WEF's Technology Pioneer in 2006, honored as a company that develops and applies highly transformational and innovative technologies in the area of information technology.

The meeting was hosted in close partnership with the government of the People's Republic of China. It had 1700 participants from 90 countries, including CEOs from some of the world's most successful companies, and international government leaders.

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