The Center for Analysis of Economic Reforms and Communication (CAERC) has been honored with prestigious awards in two distinct categories under the "Technology" nomination at the “International Business Magazine Awards 2025,” organized by the renowned international media outlet International Business Magazine based in the United Arab Emirates.

The awards presented to the Center are as follows:

• Best Data-Driven Program Governance Initiative, Azerbaijan 2025

• Best Data-Driven Project Governance, Azerbaijan 2025

The International Business Magazine Awards is a prestigious recognition that celebrates exceptional achievements of companies and leaders on a global scale. The awards are granted to innovative and successful organizations operating in banking, finance, insurance, and technology sectors.

The organizing committee assessed the performance of the Center in two main directions: program governance and project governance. The key evaluation criteria included:

• Development of a modern digital platform for monitoring and evaluation

• Integrated platform for project management

• Data analytics

• Geographic Information Systems (GIS)

• Video surveillance systems

• Utilization of artificial intelligence capabilities

CAERC competed with prominent institutions representing various regions, countries, and international organizations based on these criteria. This recognition reaffirms the Center’s leading position in the global technology and governance landscape.

As a leading think tank in Azerbaijan, the Center for Analysis of Economic Reforms and Communication continues to implement digital governance, program-based planning, and result-oriented budget management strategies in support of the economic reform agenda. These efforts are successfully carried out under the directives of President Ilham Aliyev and are receiving high acclaim on the global stage.