"The C4F (Communications for the Future) Davos Awards Gala Ceremony was held in Geneva on March 13-17. It is an annual award for communication professionals, which they receive for their significant professional achievements, creativity and unique vision of the future of the industry," the statement reads. The participants competed in personal, corporate and startups categories. Eighty-six applications were evaluated by 25 members of the international jury from 20 countries. As of February 2017, when the application was filed, ProZorro system saved UAH 17.72 billion in budget funds. ProZorro team enhances trust of business in Ukraine and is the foundation for building the most transparent public procurement system in Europe. In 2016, ProZorro won the C4F award in the nomination "Technology of the Future."