INGOLSTADT, Germany -- Delphi Automotive is one of the five companies to be selected by the prestigious Fraunhofer Institute for Production Technology (IPT) to receive its 2010 "Successful Practice Award" for targeted and efficient technology management.

The award was created in 2005 by the IPT -- an arm of the Fraunhofer-Gesellschaft -- the largest organization for applied research in Europe, and was presented during a ceremony held on Feb. 16 in Ingolstadt, Germany.

The "Successful Practice Award" recognizes companies with demonstrated and validated best-in-class global practices. The selection by a jury of cross-industry representatives and representatives of the Fraunhofer Institute for Production Technology followed a rigorous and detailed review process. Some 300 companies initially applied, with just five selected for site visits. Each was evaluated on technology strategy, organization of technology management, process organization and controlling.

Selection criteria from the Fraunhofer IPT included clear structure in technology management and consistent processes to identify new technologies as well as proactive and consequent IP-management and recognition process for new innovations.

Following the site visit, Delphi was commended for its strong and visible vision, its clear portfolio focus on safe, green, and connected product technologies, the strong connection across its technology management processes and its leadership-led process for employee recognition.

"It's clear that Delphi took the opportunity to remake itself during the company's recent restructuring process," said Toni Drescher, group leader of technology management for Fraunhofer IPT, following the Delphi site visit. "They have clearly demonstrated the ability to sustain these practices over time."

Dr. Andrew Brown, Jr., executive director and chief technologist for Delphi, accepted the award on the company's behalf.

"We are honored to receive this recognition, particularly considering the outstanding companies which were included in both the application process and those who served on the jury," Brown said. "Innovation is at the core of our company -- it's part of our DNA. This underscores the focus we place on creating a strong culture and processes to stimulate and support innovation."