The top 50 most innovative companies in the world have been revealed and only one UK company made the cut.
The 2014 rankings from The Boston Consulting Group show that Apple is the most innovative company in the world, for the tenth year in a row.
Unsurprisingly technology and telecommunications companies dominated – they made up seven of the top ten and 21 of the top 50.
Two third of the most innovative companies are spending more on innovation this year than in 2013, while some revealed that their best ideas had come from analysing social media trends.
Worryingly for the UK, only one company made the top 50 list. Unilever, the multinational consumer goods company, was the only British representative. Unilever spends almost £1bn a year on new inventions and employs 6,000 people in R&D
The company has a strong focus on sustainable innovation and says “looking to the future, all our products will incorporate social, economic and environmental metrics in their innovation plans.”
50 innovative companies in the world:
|1. Apple||11. HP||21. Volkswagen||31. Procter & Gamble||41. Fast Retailing|
|2. Google||12. General Electric||22. 3M||32. Fiat||42. Wal-Mart|
|3. Samsung||13. Intel||23. Lenovo Group||33. Airbus||43. Tata Consultancy Services|
|4. Microsoft||14. Cisco Systems||24. Nike||34. Boeing||44. Nestle|
|5. IBM||15. Siemens||25. Daimler||35. Xiaomi Technology||45. Bayer|
|6. Amazon||16. Coca-Cola||26. General Motors||36. Yahoo||46. Starbucks|
|7. Tesla Motors||17. LG Electronics||27. Shell||37. Hitachi||47. Tencent Holdings|
|8. Toyota||18. BMW||28. Audi||38. MacDonald’s||48. BASF|
|9. Facebook||19. Ford||29. Philips||39. Oracle||49. Unilever|
|10. Sony||20. Dell||30. SoftBank||40. Salesforce.com||50. Huawei Technologies|
To access the full report, click here.
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