The 50 Most Innovative Companies in the World

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by: David Hunkar

The Fast Company magazine has published the list of the world’s 50 most innovative companies for 2011. Innovation is critical to the success of most businesses especially in this fast-changing highly competitive environment. The magazine mentioned the following with the introduction of the list:

An artificial heart and its lightweight power drive. A better airline for Brazil. Chocolate from Madagascar and a soccer shirt made of plastic water bottles. A fashion leader escaping its pattern, a smelter, and that little coupon startup in Chicago that’s suddenly worth billions. All this from one simple word: Innovation.

The World’s 50 Most Innovative Companies for 2011 are:

Rank Company Ticker
1 Apple AAPL
2 Twitter
3 Facebook
4 Nissan OTCPK:NSANY
5 Groupon
6 Google GOOG
7 Dawning Information Technology
8 Netflix NFLX
9 Zynga
10 Epocrates EPOC
11 Trader Joes
12 Arm
13 Burberry OTCPK:BBRYF
14 Kosaka Smelting and Refining
15 Four Square
16 ESPN
17 Turner Sports
18 Huawei
19 Intel INTC
20 Syncardia
21 Donorschoose.org
22 Ebay EBAY
23 Nike NKE
24 Linkedin
25 Wieden+Kennedy
26 Yandex
27 Amazon AMZN
28 Opening Ceremony
29 IBM IBM
30 Amyris AMRS
31 Double Negative
32 Kaspersky Lab
33 Pepsico PEP
34 Univision UVN
35 Snohetta
36 Marks & Spencer OTCQX:MAKSY
37 Microsoft MSFT
38 Solarcity
39 Shaadi.com
40 Voxvia
41 Cisco CSCO
42 Enerkem
43 Samsung OTC:SSNLF
44 Pandora
45 GE GE
46 Changchun Dacheng Industrial Group
47 Azul
48 Stamen Design
49 FX
50 Madecasse
Click to enlarge

Source: Fast Company

It is not surprising to see Apple (NASDAQ:AAPL) take the top rank in this list. Apple’s market cap of $324.0 billion is higher than that of General Electric’s (NYSE:GE) which is ranked at number 45. Other notable publicly-traded tech companies include Google (NASDAQ:GOOG), Intel (NASDAQ:CSCO), IBM (NYSE:IBM), Cisco (CSCO), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Netflix (NASDAQ:NFLX).

While these tech giants are highly innovative, from an investment standpoint, not all of them have been best performers. In fact, stocks like Cisco and Microsoft have been dead money since the dot-com implosion.

Disclosure: No positions