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TATA and IBM among World's 25 Most Innovative Companies

by Editor 4/18/2008 2:11:00 PM

BusinessWeek has released its fourth annual report, “The World’s Most Innovative Companies," based on a survey of key executives around the globe and made in cooperation with the Boston Consulting Group (BCG). IT consulting firms Tata and IBM are on the list.

The survey covered the largest sampling of respondents to date and was even more global in nature than the previous ones.

The companies that made the list have one thing in common: they have all nurtured creativity and maintained an interest in developing a wide range of innovative projects despite the economic downturn and the subsequent nned for cost cuts.

IN: Inside Innovation editor-in-chief Bruce Nussbaum says: “It’s tough out there and getting worse. Our annual list of the 25 Most Innovative Companies shows how executives are using the slowdown to create new value through innovation."

Other than the executives’ votes, the factors involved in producing the list of the most innovative companies were three-year revenue, margin growth and stock returns.

BusinessWeek.com also features the complete list of the world’s 50 most innovative companies, including lists of the companies by region and industry.

The 25 Most Innovative Companies are:

1. Apple

2. Google

3. Toyota Motor

4. General Electric

5. Microsoft

6. Tata Group

7. Nintendo

8. Procter & Gamble

9. Sony

10. Nokia

11. Amazon.com