BCG: The most innovative companies 2020

By Kayleigh Shooter
We take a look at Boston Consulting Group (BCG)’s list of the most innovative companies of 2020, do you agree with its choices...

 The list contains the most advanced companies who are the strongest at innovation. Only eight companies have been featured in the list every year for the fourteen years that the company has been running the list; Alphabet, Amazon, Apple, HP, IBM, Microsoft, Samsung, and Toyota. 

When research was being conducted for the list, the COVID-19 pandemic was not yet upon us, by the end of the research period, the team found that many of the companies featured were rapidly innovating to overcome the difficult period caused by the pandemic.

The need for innovation and digital transformation is even more prevalent currently in the middle of a pandemic as companies have had to adapt to remote working conditions. Employees rely on emails and messaging to stay in contact with each other, they have also had to adapt to video communication software such as Microsoft Teams or Zoom Communications. 

The need for a digital transformation is extraordinary right now and companies who had previously created a digital transformation strategy are the ones that are better off now.

Among the top flight companies in the list was:

  • Apple
  • Alphabet
  • Microsoft
  • Samsung 
  • Amazon 

Boston Consulting Group has created an interactive graph showing how rankings for the most innovative companies have changed over time, you can find it here.

This year’s comprehensive list of the top fifty most innovative companies focuses on a survey of 2,500 global technology executives, in addition this year, BCG included a new scoring dimension, they incorporated the company’s variety and intensity of boundary-breaking, by assessing its ability to breach established industry entry barriers and play in an array of markets outside its own. 

undefined

Image Credits: Visual Capitalist

Share

Featured Articles

Energy crisis posing threat to IT companies' sustainability

A staggering 79% of IT decision-makers believe that the current energy crisis will have a knock-on effect on their net zero sustainability strategies

Data backup gives way to data protection and cybersecurity

Data backup is no longer just about operational fallback, new research has revealed. Instead, businesses need to consider it a new kind of cybersecurity

Rich investors drawn to digital assets despite crypto crash

The world’s wealthiest people are sold on the concept of digital assets, as a new survey shows they are being used to construct more resilient portfolios

Five minutes with: Katie Nykanen, Group CTO at QA

Digital Transformation

Big business bets on real-time data and event-streaming tech

Data & Data Analytics

Mind your language: Is NLP a natural fit for the Metaverse?

AI & Machine Learning