Microsoft to Receive Top IEEE Honor
- By Scott Bekker
The Institute of Electrical and Electronics Engineers (IEEE) announced today it will honor Microsoft Corp. with the 1998 IEEE Corporate Innovation Recognition award. The award will be accepted by Richard Rashid, vice president of Microsoft Research, at a ceremony in New York City today.
The award is presented to one company each year for its outstanding contributions resulting in major advancement of the art and science of electrotechnology. "Microsoft has made great strides in making technology accessible not only in the corporate world, but also to small businesses, individuals and students," said Joseph Bordogna, president of the IEEE, in a statement issued today.
IEEE has been giving the award since 1985. After a committee reviews the nominees' products, the final nominations are sent to an awards board of 30 industry peers and academics, who then make a recommendation to the IEEE board of directors.
Microsoft plans to spend $3 billion on R&D in fiscal 1999. -- Michele Rosen, Staff Reporter, New York Correspondent
Scott Bekker is editor in chief of Redmond Channel Partner magazine.