The Wolf Prize is awarded to outstanding scientists and artists from around the world, (regardless of nationality, race, color, religion, gender, or political views) for achievements in the interest of humanity and friendly relations among people.

Ingrid Daubechies is awarded the Wolf Prize for her work in the creation and development of wavelet theory and modern time-frequency analysis. Her discovery of smooth, compactly supported wavelets, and the development of biorthogonal wavelets transformed image and signal processing and filtering.

Her work is of tremendous importance in image compression, medical imaging, remote sensing, and digital photography. Daubechies has also made unparalleled contributions to developing real-world applications of harmonic analysis, introducing sophisticated image-processing techniques to fields ranging from art to evolutionary biology and beyond.