P@SHA Member Wavetec has been awarded the Mohammed Bin Rashid Al Maktoum Business Innovation Award at the Dubai Chamber of Commerce and Industry’s ninth edition of the Business Awards. The award was given by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai at a prestigious ceremony held at Dubai’s Madinat Jumeirah Arena, recognising Wavetec as one of the top companies that are continuously innovating, researching, advancing its products and solutions in the customer experience space.
The MRM Business Innovation Award was launched by the Chamber in cooperation with the UAE Ministry of Economy in 2015, and reflects strong interest from the private sector to embrace innovation.
The panel was chaired by H.E. Sultan Bin Saeed Al Mansouri, UAE Minister of Economy and Chairman of the MRM Business Award, and comprises of local and international experts. With over thousands of entries from UAE & other GCC countries, the judges selected eight winners for the business innovation award.
During the high-profile awards ceremony, Hamad Buamim, President and CEO of Dubai Chamber stated “We have made innovation a major focus of our strategies, operations and activities in recent years, and plan to build on our progress in 2017 and in the years to come.”
During a press interview Fraz, CEO Wavetec Group said, “Innovation is the driving force at Wavetec. Our inspiration for Innovation & being a Global Leader comes from Dubai & its Ruler. Everyday more than 2 million people globally use Wavetec solutions. We are very happy to receive this prestigious Innovation award from Government of Dubai, as Innovation is one of the core values at Wavetec along with focus on providing good quality customer support.”
Over the years, Wavetec has established two main business units that continue to drive its growth, each with an independent R&D, Software Development and Manufacturing Teams. Wavetec has two innovation and development hubs located in Karachi, Pakistan and Santiago, Chile.
The event was attended by government departments, dignitaries, Dubai Chamber officials, business leaders, and members of the local and regional media.