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Innovation is a new way of doing something or “new stuff that is made useful.” It may refer to incremental and emergent or radical and revolutionary changes in thinking, products, processes, or organizations.” Source: Wikipedia

The International Classified Media Association (ICMA) along with Vaimbu Ltd. are pleased to announce the 2012 ICMA Classified Media Innovation Award winners as follows:

“Best Classified Media Innovation” Friday Media Group, UK

“Show Me the Money” Schibsted Hungary and Gravity R&D, Hungary

“Quick Implementation” Dominion Insights, USA

 “Technology” Gumiyo, USA

Please read on for the top 8 shortlisted applicants listed as follows in alphabetical order:

1. Digital Community Holdings, USA
2. Dominion Insights, USA
3. Friday Media Group, UK
4. Gumiyo, USA
5. Inform Media, Hungary
6. Sanoma Digital, Finland
7. Schibsted Hungary and Gravity R&D, Hungary
8. Spidersnet, UK

The applications were judged on novelty, creativity, results, sustainability and presentation by the ICMA Board Members. Due to the high quality of the applications received, it was decided there would be 8 applicants short-listed and four awards were presented on Saturday 21 April at the Innovation Awards Gala Party in Atlanta, GA, USA.

Vaimbu Ltd., who proposed and project lead the award, has provided a summary of the applications.