CRITERIA

The criteria for evaluating, voting and recognizing the Sao Khue Award 2023 are specifically developed for each type of people participating in the vote, including criteria for direct evaluation of products, services, and criteria for evaluating the operational capability and brand reputation of enterprises and organizations that are owners of registered products and services to ensure the development of products and services recognized by Sao Khue Award 2023, specifically as follows:

1. Criteria for Software products/ solutions and IT services (Group 1,2,3,5,6) are evaluated and voted as follows:

  1. Uniqueness: Creative technology, shaping consistent trend
  2. Effectiveness: Optimizing the management procedure; boosting the productivity; minimizing the expenses.
  3. Market potentials: Market share and market potentials; strategy business models.
  4. Functions: The capability of satisfying customers’ demands; compatibility and custom development; security features.
  5. Technology, product quality: Advanced technologies; applied procedures/ standards; stability and customers’ satisfaction/ reliability.
  6. Finance/ Revenue/ Influence on the economy, society/ Number of customers..
  7. Quality of the profile, presentation capability: Prepare a complete profile; Clear presentation with precise information; appropriate responses to questions.

2. Criteria for products/ solutions of Start-ups (Group 4) are evaluated and voted as follows:

  1. Growth rate, Business Model and Financial Capacity: Capital mobilization ability; Scalability
  2. Customer accessibility, Customer satisfaction
  3. Group capacity: Scalability; Personnel Deployment
  4. Capital mobilization ability;
  5. Competitive advantage: Differentiation in the market; Market share / Market potential; Barriers to market entry;
  6. Quality of the profile, presentation capability: Prepare a complete profile; Clear presentation with precise information; appropriate responses to questions.

3. Criteria for the capability and prestige of the companies are evaluated and voted as follows:

  1. The Board of Directors
  2. Charter capital, equity and total assets of the enterprise
  3. Financial status of the company
  4. Weaknesses and strengths of the company
  5. The brand prestige of the company
  6. Long-term development plan/ Business strategy of the company/Vision of the Board of Director


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