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The 2019 AFR BOSS Most Innovative Companies list, published by The Australian Financial Review and Boss Magazine, has released its list of the most innovative companies in Australia.

The highly competitive ranking is based on a rigorous assessment process managed by Australia’s leading innovation consultancy, Inventium, and a panel of industry expert judges.

More than 800 organisations were nominated across Australia and New Zealand, with Melbourne Water being acknowledged in the influential list.

The list was split into ten industry-specific categories and Melbourne Water ranked third in the Government, Education and NFP category for its Virtual Reality Multi-User Training Platform.

Melbourne Water’s Managing Director, Michael Wandmaker, said the Organisation was recognised for its world leading approach to using virtual reality technology to improve building designs, increase engagement and deliver immersive training.

“Innovation is happening in all parts of Melbourne Water and this award recognises the collaboration between our Safety Team, IT and Asset Management with support from our Research Partners within Deakin University’s Virtual Reality Lab in Geelong.

“We are proud of the work we do at Melbourne Water in this area and being a part of this list is a validation of the high standard of our innovation initiatives,” Mr Wandmaker said.

Assessment measures a top innovation implemented in the past twelve months.

Specifically, the judges look at how valuable the problem is that the innovation is solving; the quality and uniqueness of the solution; the level of impact that the innovation has had; and how customer centric it is.

The AFR BOSS Most Innovative Companies list is now in its eighth year. The list ranks the most innovative organisations in Australia and New Zealand, and is the only national list of its kind.

This year was the first time the list was broken down into ten industry categories, effectively ranking organisations against their peers.

Charlotte Pordage is Editor of Utility magazine, a position she has held since November 2018. She joined the team as an Associate Editor in October 2017, after sharpening her writing and editing skills across a range of print and digital publications. Charlotte graduated from Royal Holloway, University of London, in 2011 with joint honours in English and Latin. When she's not putting together Australia's only dedicated utility magazine, she can usually be found riding her horse or curled up with a good book.

©2024 Utility Magazine. All rights reserved

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