Innovation keeps you ahead when you have tough competition in your business sector. Boston Consulting Group(BCG) did its 15th survey to know the top 50 most innovative companies in the world in 2021. BCG released the list recently and without any surprises, Apple is leading the chart among the 50 most innovative companies worldwide in 2021.
Who are the top Three Most Innovative Companies in the World?
Innovation is a key parameter to know the worth of a Multinational National Company(MNC). As per BCG research, these companies has not only prioritized innovation but have also produced satisfactory results to be on the list.
In extensive research conducted by BCG, US-based smartphone maker Apple has secured the first position among the most innovative firms in the world. Apple, the most valuable brand in the world, is known for its iPhones, tabs, and MacBooks products.
Alphabet, the parent company of Google, ranks second in the BCG list of innovative companies. Alphabet is popular for Google’s dominance in the search engine category. Alphabet’s online products and services like Gmail, Google Meets, G Drive, and other cloud-based services are part and parcel of everyone’s routines.
Online retail giant Amazon got the third position in the innovative companies list. Amazon, founded by Jeff Bezos, saw exponential growth during the pandemic. People were relying on Amazon’s door to door services due to the strict lockdown worldwide.
Remaining Firms Featuring in Top 50 Innovative List
Software firm Microsoft achieved the fourth position in the current list. The firm has its unique identity among the software providers. Users like Microsoft cutting edge innovative products worldwide.
Tesla, the fifth rank holder, has brought a lot of innovation in the automobile industry. Due to its latest and innovative ideas, it has become the largest automaker firm in the world. Tesla, owned by Elon Musk, has known for its e-vehicles globally. The company’s Model 3, an electronic car, has become the largest selling four-wheeler in the world. It has sold over 5 lakh units of the vehicle in few months.
The firm has also started its operations in India. It has a registered office in Bengaluru. Very soon, you will find Tesla cars on Indian roads.
Samsung, the smartphone giant, got the sixth position in the innovative companies list. IBM, Huawei, Sony, and Pfizer rank from seven to tenth respectively.
Chinese firms Alibaba, Lenovo, Tencent, and Xiaomi also found the place in the top 50 companies. These firms are ranked 14th, 25th, 26th, and 31st respectively.
LG, Facebook, Oracle, Dell, HP, Walmart, eBay, SAP, Philips, etc also got featured in the prestigious innovative companies list. Surprisingly, companies like Intel, Qualcomm, AMD, or Mediatek could not make it to the top 50 list. These companies are continuously bringing innovative products to upgrade the hardware.