• About
  • Contact
Tuesday, June 28, 2022
  • Login
Next Big Brand
  • .
  • News
  • Marketing
  • Tech
  • Insight
  • Interviews
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • CRYPTOCURRENCY
  • Retail
No Result
View All Result
Next Big Brand

Apple Is The Most Innovative Company In World, Followed By Alphabet: BCG

Pritish raj by Pritish raj
June 24, 2020
in News
Reading Time: 3 mins read
A A
0
Apple Valuation Cash most innovative company Market Cap- Next Big Brand

Apple Market Cap- Next Big Brand

  • Apple dethroned Alphabet as the most innovative company out of 50 innovative companies, while Google’s parent company slipped into second place, according to BCG.

The BCG’s most innovative ranking of companies is focused primarily on a survey of 2,500 global innovation executives (level 63 percent C, 37 percent senior vice president or vice president) who were interviewed from August 2019 through October 2019. We measure the performance of companies on four dimensions, then take an average of normalized scores to determine the overall ranking. This year, as noted in the text, we added a new scoring dimension that captures the variety and intensity of boundary-breaking of each company by assessing its ability to break established barriers to industry entry and play outside of its own in a range of markets. These four dimensions are:

  • Global “Mindshare.” Number of votes from all executives of global innovation.
  • Peer view of the industry. The number of votes cast by executives in the industry of a company itself.
  • Disruption to industry. Voting across industries is the Diversity Index (Herfindahl-Hirschman).
  • Creating Value. The TSR included equity buybacks (three years) from January 2017 to December 2019.

The report found that commitment to innovation has dropped from 79 percent of executives in 2019 to 63 percent of executives in 2020 who see it as a priority – resulting in the challenge of making success repeatable, even the most innovative companies, and a drop in rankings.

Apple dethroned Alphabet as the most creative company out of 50 innovative companies, while Google’s parent company slipped into second place. Amazon went down one, in third place ranking. Although IBM and Facebook also moved down a couple of notches, they maintained their top 10 positions. Microsoft, Samsung & Huawei grabbed the 4th,5th & 6th place respectively, among which Huawei is a new entrant to the list. Alibaba, IBM, Sony & Facebook take the rest spot of 7th,8th, 9th & 10th.

Of the 162 companies that have been on our top 50 list over the past 14 years, almost 30 percent appeared only once — and 57 percent appeared three or fewer times. Every year, only eight companies made the list: Alphabet, Amazon, Apple, HP, IBM, Microsoft, Samsung, and Toyota.

No Middle East and African (MEA) company are on the list in 2020, with Saudi Arabian oil firm Saudi Aramco currently being the most innovative company.

Innovation in the area is not yet at the top, according to the study, and there are great opportunities to be explored.

While 66% of MEA executives see innovation as a top-three priority, only 45% align that ambition with commensurate spending on innovation. Those are twice as likely to outperform. Around 25 percent of businesses are explicitly misaligning ambition and expenditure, the report states.

BCG Top 50 Innovative Company- Next Big Brand
BCG Top 50 Innovative Company- Next Big Brand

BCG says it presented a series of pointing questions to the respondents, each concentrating on one of the 10 basic elements of the company’s innovation program.

Innovation is a top-three management priority for nearly two-thirds of businesses according to the report. This is the lowest level in 2009 and 2010, since the financial crisis.

While many companies struggle to tackle multiple challenges of innovation at once, committed innovators prioritize a handful and, as a result, tackle them more effectively.

You can find the whole report here.

Previous Post

Vaccine King Cyrus Poonawalla Sees Growth In His Wealth To $15 Bn

Next Post

Redmi Note 9 Pro Max Goes Out Of Stock During Sale Despite Anti-China Trends

Pritish raj

Pritish raj

Pritish Raj is a content writer at Next Big Brand. Hailing from the diversified state of Bihar, he is an engineer by education who chooses the way of poetry, photography, and writing to kick off his career. Highly enthusiastic about brands and startups, he aims to be a travel content creator.

Related Posts

20220627 152251 0000
News

Proptech Startup PropShare Raises $47 Million Led by WestBridge Capital

June 27, 2022
images 9 17
Cryptocurrency

Christiano Ronaldo and Binance Announce NFT Partnership

June 24, 2022
Khaby Lame Tiktoker
Creators

Khaby Lame Becomes World’s Most Popular TikToker

June 24, 2022
Pine Labs Founder
News

Merchant Platform Pine Labs Acquires Fintech Infra Startup Setu for $70-75 Million

June 23, 2022
Ebay KO
Cryptocurrency

eBay Acquires NFT Marketplace KnownOrigin For An Undisclosed Sum

June 23, 2022
Cashify Founders
News

Cashify Raises $90 Million in Series E Round Led By NewQuest & Prosus

June 23, 2022
Next Post
Redmi Note 9 Pro Sale- Next Big Brand

Redmi Note 9 Pro Max Goes Out Of Stock During Sale Despite Anti-China Trends

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

BROWSE BY TOPICS

Acquiring amazon Apple Brands brand story Byjus byjus news byjus the learning app Cryptocurrency Edtech Startups Elon Musk facebook fintech news Flipkart funding google Indian Crypto Startups Indian OTT Platforms Indian Unicorn Indian Unicorns Indian Unicorns of 2021 Netflix NFT NFT Collection NFT India Non Fungible Tokens Ola OYO Paytm Reliance Retail Startup Acquisition Startup IPO startup news india startups in india Swiggy Tiktok TikTok India Twitter Unicorns of 2022 Unicorns of India Unicorn Startups Upgrad WazirX YouTube Zomato
check more news on that pages youtube converter, filme online 2022, filme porno mature, porno amatoriale, nxnxx.org, https://xvideosxnxx.org, https://xoxporn.net

Instagram

Follow Me!

Recent News

  • Proptech Startup PropShare Raises $47 Million Led by WestBridge Capital
  • Christiano Ronaldo and Binance Announce NFT Partnership
  • Khaby Lame Becomes World’s Most Popular TikToker

Latest News

20220627 152251 0000

Proptech Startup PropShare Raises $47 Million Led by WestBridge Capital

June 27, 2022
images 9 17

Christiano Ronaldo and Binance Announce NFT Partnership

June 24, 2022
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA Policy
  • Our Team
  • Contact Us
  • Sitemap

© 2019 NBB. All Rights Reserved.

No Result
View All Result
  • .
  • News
  • Marketing
  • Tech
  • Insight
  • Interviews
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • CRYPTOCURRENCY
  • Retail

© 2019 NBB. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.