NEW YORK, April 14, 2016 /PRNewswire/ -- EY and Microsoft Corp. announced today that the Dana Holding Corporation is the inaugural winner of the EY/Microsoft Digital Innovation Award. The award will be presented each year to companies who are delivering significant value to their customers, shareholders, and employees though activating digital technologies such as Microsoft Office 365®.
"In working with EY and Microsoft, we seized an opportunity to create a new, more responsive, nimble, and innovative IT culture at Dana — one that has helped us to deliver an even better experience for our customers," said Kevin Parlette, vice president of information technology, Dana. "Change requires sincere effort, and we are deeply honored that our work, collaboration, and accomplishments are recognized through this award."
Victor Morales, Vice President of Enterprise Partners at Microsoft, noted that Dana's recognition is based on several significant achievements in the past year, including an appreciable reduction of hours committed to site maintenance, upgrades, and enhancements across the corporate intranet, and a momentous increase in collaboration capabilities for Dana's 23,000 employees around the globe.
"We also lauded Dana for saving millions of dollars through cost-avoidance of expenses like software licenses and hardware maintenance and achieving serious reduction of inefficient activities in the product launch processes, including manual activities, enabling the timely completion of multi-year programs," added Morales.
"Dana was chosen for its innovative use of Microsoft technologies to deliver real business benefits within Dana and to help its clients address industry issues," said Greg Jenko, Principal, Ernst & Young LLP, and EY Americas Digital and Emerging Technology leader. "It is fitting for Dana to be our inaugural winner, considering the global activation of their borderless collaboration platform and efficient business process automation solutions. Dana successfully collapsed organizational silos and digitized business processes as part of their own technology transformation."
EY launched a strategic business relationship with Microsoft in 2015, to develop new and innovative services through their digital-age strengths to companies around the world. The new services utilize EY analytics, cybersecurity, digital enterprise strategy, digital and emerging technology enablement, people services, and program management practices to deliver new offerings using Microsoft's cloud and data platforms. The goal is to help customers remove barriers to digital adoption, improve employee experience at work, and maximize their returns on their investments in digital technologies.
"We are thrilled with the new digital solutions and capabilities we have gained by working together with EY and Microsoft," added Jeff Heyde, director of global systems, Dana. "Creating new and greater opportunities for collaboration is critical for an organization like ours that is heavily focused on innovation. Our relationship with EY and Microsoft has been insightful and highly productive."
Alliances and acquisitions are an important part of EY's growth story. EY firms have acquired and formed alliances with companies in the digital space worldwide to bring innovative capabilities and technologies closer to their clients, with enhanced capabilities in digital design; advanced analytics for smart manufacturing; technology platforms for large-scale web, application servicing and commerce portals; data analytics strategy; cybersecurity and cloud-based identity and access management services.
About Dana Holding Corporation
Dana is a world leader in the supply of highly engineered drivetrain, sealing, and thermal-management technologies that improve the efficiency and performance of vehicles with both conventional and alternative-energy powertrains. Serving three primary markets – passenger vehicle, commercial truck, and off-highway equipment – Dana provides the world's original-equipment manufacturers and the aftermarket with local product and service support through a network of nearly 100 engineering, manufacturing, and distribution facilities. Founded in 1904 and based in Maumee, Ohio, the company employs more than 23,000 people in 25 countries on six continents. In 2015, Dana generated sales of nearly $6.1 billion. For more information, please visit dana.com.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
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This news release has been issued by Ernst & Young LLP, a member of the global EY organization that provides services to clients in the US.
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