American management consulting firm which prides itself as one of the big three in consulting, Boston Consulting Group has over the years issued out what is known as ‘The Most Innovative Companies’ which details yearly its findings in the most innovative companies globally.
This report has been churned out on a yearly basis and in this report we wrap up its listings of tech industry’s most innovative companies within the last four years.
According to the consulting firm, for the year 2021, Apple retains the number one position while Google’s parent company, Alphabet comes third. Online retail giant, Amazon comes a distant third while Microsoft takes the fourth position. Tesla comes fifth. It is surprising however to see Tesla at the bottom of the list given its several innovative moves being made for a while now.
For the year 2020, the first three spots remain unchanged as Apple maintains its number one position, Alphabet also stands at number two, Amazon number three.
Only the last two positions are different with the entrance of Microsoft and Samsung taking the fourth and fifth position respectively.
According to the company, when it bagan the research for the 2020 edition of its Most Innovative Companies report, COVID-19 had not yet emerged.
As the team explored the data and interacted with clients, however, it became clear that the year’s core findings—about the advantages of scale and the imperative for serial innovation—may be even more relevant today as innovation leaders need to adapt to rapidly shifting patterns of supply, demand, consumer behavior, and ways of doing business.
For 2019, Google’s alphabet takes the number one position, Amazon number two, Apple takes the third position while Microsoft and Samsung both take the fourth and fifth position respectively.
Expalining why Alphabet clinched the number one psoition that year, BCG referenced Google’s innovative Smart Compose feature which relies on Googles expertise in artificial intelligence and machine learning to offer sentence suggestions when composing a text.
The feature, teh company notes along with AI and machine learning relies on billions of training examples and the company’s cloud-based Tensor Processing technology, to intuit what Gmail users want to say—often faster than the users can complete their own thoughts.
For the year 2018, Apple comes first, Alphabet second, Microsoft third, Amazon fourth and Samsung fifth.
