Tech Ascension Awards Announce Mobile World Congress 2024 Best of Show Winners

We are proud to announce the Mobile World Congress 2024 Best of Show winners! This year's event showcased an unprecedented level of innovation, with companies homing in on the major industry trends of AI, mobility, sustainability, and security. The Tech Ascension Awards offered a special category of awards for this year knowing how monumental this event would be to the technology industry.

"Mobile World Congress 2024 was a testament to the incredible strides being made in the tech industry," said David Campbell, CEO of Tech Ascension Awards. "Our winners this year not only embraced but excelled in setting new standards for technology innovation and excellence in the age of AI."

The winners were selected based on their ability to demonstrate groundbreaking technology and a commitment to advancing the industry at the show. The diverse range of winning products and services highlights the multifaceted nature of technological advancement and its impact on various sectors.

The 2024 Mobile World Congress Best of Show' winners are:

Deloitte - leading audit, consulting and advisory services

Oracle - leading cloud application and cloud platform services provider

Accenture - leading global professional services company

Micronet Union - global provider of reliable networking devices and accessories

The Tech Ascension Awards congratulates all the winners and looks forward to seeing their continued impact on the tech industry. Learn more about additional Tech Ascension Award categories.

Mastercard Identity Awarded Tech Ascension Award for Cutting-Edge Fraud Prevention

In the realm of fraud prevention, Mastercard Identity has emerged as an undisputed leader, earning the 2023 Tech Ascension Award, Best Identity Management Solution for its comprehensive and intelligent approach to combating fraud. With the ever-evolving landscape of digital transactions, the need for robust identity verification and authentication tools has never been more critical. Mastercard Identity has not only risen to this challenge but has set new standards in fraud prevention.

The Power of Mastercard Identity

At its core, Mastercard Identity is a suite of capabilities driven by machine learning and data science. Its mission: to empower businesses to make real-time risk decisions about their customers. In today's global digital economy, where transactions occur across borders and digital platforms, trust is paramount. Mastercard Identity ensures that every digital interaction feels like a secure and local transaction, regardless of the geographical or digital distance involved.

This innovative solution caters to a wide range of entities, including merchants, financial institutions, digital marketplaces, and risk decisioning providers. It offers a collaborative ecosystem for exchanging rich identity data that validates, verifies, and authenticates consumers globally, at scale. The result is a seamless and secure digital experience, safeguarding businesses and consumers from the pervasive threat of fraud.

Why Mastercard Identity Stands Out

1. Holistic Approach to Fraud Prevention: Mastercard Identity's multifaceted approach sets it apart. It utilizes a global network of data and employs highly intelligent machine learning to analyze user behavior and transaction data comprehensively. Rather than relying solely on traditional identity verification methods, it cross-references various elements of an identity, such as name, email, phone, IP, address, and device. This holistic view allows it to detect anomalies and red flags associated with synthetic identities and fraud attempts.

2. Continuous Monitoring and Real-time Management: Mastercard Identity excels in continuous endpoint monitoring and real-time device management. It tracks user behavior over time, learning their preferences and transaction patterns. This proactive approach enables it to spot fraudulent activities or deviations from typical user behavior, providing early warnings and mitigating potential threats.

3. Versatility in Fraud Prevention: Whether it's synthetic identity fraud, scams, or investment fraud, Mastercard Identity is a versatile solution. It adapts to new and evolving threats by intelligently assessing individual behavior. By recognizing normal user behaviors, it can swiftly identify unusual activities, even if the attacker has physical access to the device. This adaptability ensures protection against a wide range of fraud tactics.

In an era where digital transactions have become the norm, the need for robust fraud prevention solutions cannot be overstated. Mastercard Identity stands as a beacon of innovation and effectiveness in this crucial domain. Its ability to adapt, its comprehensive approach to fraud prevention, and its real-world impact make it a worthy recipient of the Tech Ascension Award. As fraudulent activities evolve, Mastercard Identity continues to set the standard for secure, seamless, and trusted digital transactions.

Mercedes-Benz Singapore Named Industry Innovator of the Year by Tech Ascension Awards

Award Recognizes Acentrik’s Cutting-Edge Data Sharing Innovations Mercedes-Benz Singapore has been named Industry Innovator of the Year in the Big Data category of the 2023’s Tech Ascension Awards with its enterprise-grade data exchange solution, Acentrik. This recognition highlights Acentrik's exceptional contributions to the field of data exchange and its remarkable ability to enable secure and efficient data sharing across industries.

What Sets Acentrik Apart from the Industry

Acentrik stood out as a strategic product that addresses the critical challenge of data silos within enterprises. By leveraging a groundbreaking business model innovation, coupled with game-changing Blockchain technology, Acentrik has become a horizontal solution applicable across multiple industries. One of the many use cases of this solution is its global data marketplace, connecting enterprises to consume and share data, in an open ecosystem.

Acentrik's standout feature is its pioneering Compute-to-Data approach, coupled with edge computing capabilities. This innovative feature allows privacy-preserving compute jobs to be performed in a trusted environment. By bringing algorithms to the data instead of transferring the raw data, Acentrik provides an unparalleled level of data privacy and security. Confidential data remains within the data provider's environment, ensuring compliance and protecting against access to the raw data.

Blockchain Technology Serves as a Critical Foundation for Acentrik

Furthermore, Acentrik has cemented its position as one of the world's first Blockchain-based data exchange platform. With the state-of-the-art technology’s peer-to-peer nature and immutability, transparency properties, these benefits can be translated to enterprises, especially evident in the execution of data exchanges. Through tokenization principles, data ownership is verified through tokens representing access and control, ensuring data stays in the control of the owner.

When assessing competitors in the field, Acentrik emerges as a clear leader. Acentrik's unique combination of features, including its Blockchain foundation, as well as Compute-to-Data capabilities, sets it apart and positions it at the forefront of data exchange innovations.

By seamlessly connecting enterprises to their deeper data sources, Acentrik resolves critical market and end-user challenges. It eradicates the barriers imposed by data silos, enabling organizations to unlock the true value of their data assets and facilitating secure data sharing between enterprises.

The business outcomes generated by Acentrik are also impressive. The platform offers new opportunities for data monetization through external data sharing, empowering organizations to unlock additional revenue streams. Furthermore, Acentrik fosters process refinement and optimization by facilitating internal data sharing, driving operational efficiency, and improving decision-making. Additionally, as a turnkey solution, Acentrik empowers enterprises to build their own data exchange platforms, tailored to their unique needs and ecosystem.

The recognition by the Tech Ascension Awards of Acentrik underscores the solution’s outstanding achievements and its significant impact on the data exchange landscape. Acentrik's revolutionary features and commitment to data privacy and sovereignty, make it a deserving recipient of this well-respected technology industry accolade.

Learn more about Acentrik at https://acentrik.io. Connect with them on LinkedIn at https://www.linkedin.com/company/acentrik/. Learn more about the Tech Ascension Awards

The Tech Ascension Awards recognized the very best innovations in technology. The Tech Ascension awards judged applicants based on technology innovation, market research, and competitive differentiators. The class-leading vendors that received recognition from the Tech Ascension Awards showcased technology that solves critical industry challenges and produces invaluable business outcomes for their customers.