Why more organisations are investing in awards management software

Why more organisations are investing in awards management software

Managing awards programs used to mean juggling spreadsheets, emails and a patchwork of tools—but those days are quickly fading. The awards management software market is booming, valued at USD 1.2 billion in 2024 and projected to grow by another USD 1.3 billion by 2033. This rapid growth signals a clear shift: more organisations are turning to dedicated platforms to streamline how they run awards, prizes, competitions and recognition programs.

6 Common pitfalls to avoid in awards program planning

6 Common pitfalls to avoid in awards program planning

Awards program planning involves laying the groundwork for an engaging awards program. At this stage, awards managers decide what they hope to achieve with the program, how winners will be chosen, the logistics involved and much more. Since it involves many elements, it’s possible for awards managers to face some challenges.