National Instruments co-founder James Truchard to receive Armenia’s Global IT Award 2018
National Instruments co-founder James Truchard will be the recipient of Armenia’s Global IT Award 2018
James Truchard, who cofounded National Instruments in 1976, will get Armenia’s Global IT Award 2018, Synopsis Armenia CEO Hovik Musayelyan told reporters on Friday.
Last year the award went to Ex-Nest CEO and iPod co-creator Tony Fadell.
The IT Award has previously been handed to Mario Mazzola, Chief Development Officer at Cisco Systems Corporation, the former Executive Director General of Intel Corporation, Chairman of the Board Craig R. Barrett, co-founder of the Apple Computer Corporation Steve Wozniak, Chairman Emeritus of Synaptics Company Federico Faggin, former CEO of Hitachi Company Tsugio Makimoto, Kaspersky Lab CEO Eugene Kaspersky and Executive Director of Open-Root organization Louis Pouzin.
The IT Award for the global contribution to the IT area was founded by a presidential decree of July 6, 2009 and is aimed at the enhancement of the area’s development.
The annual prize is bestowed on individuals who have made outstanding contribution to the area and whose input – technological, educational, organizational, financial or other has resulted in significant developments in the area of information technologies.
James Truchard, 75, cofounded National Instruments, a supplier of testing and measurement equipment and software for scientists and engineers, in 1976.
A Texas native, he got a PhD in electrical engineering from the University of Texas, Austin in 1974.
He launched National Instruments while working as managing director of the acoustical measurements division at the university's applied research lab.
The company produces both hardware and software for governments, colleges and companies, including Subaru and Airbus.
In January 2017 Truchard retired as the company's president and CEO; he remains its chairman.
Forbes estimates Truchard's net worth at $1.1B.