Salesforce.com retained its top spot as the "Most Innovative Companies" as listed by Forbes Magazine. This is the fourth straight year that the software firm is at the number one spot. Alexion Pharmaceuticals has been second for three consecutive years. The list includes companies that investors expect to make innovations today and in the future.
To determine their rank, the editors at Forbes used a measurement tool they call "Innovation Premium," which is a measure of the amount investors have bid up the stock price of a company above the value of its current business according to expectations of future innovations such as new products, services, and market.
To be included in the list, a company must have at least $10 billion in market capitalization, spend a minimum of 2.5% of their revenue from Research & Development and should have at least seven years of public data. Here now are the World's Top 5 Most Innovative Companies in 2014.
Industry: Software & Programming
Market Capitalization: $35.87 billion
Innovation Premium : 75.9
Salesforce.com focuses its business on providing business cloud computing applications. It sets its sights on developing a comprehensive and collaboration relationship management service to businesses of all sizes and applications as well as a technology platform for customers and developers to build and operate applications.
Industry : Biotechs
Market Capitalization : $30.73 billion
Innovation Premium : 71.4
Alexion Pharmaceuticals focuses in innovating, developing, and commercializing life-transforming therapeutic products for the treatment of patients with ultra-rare disorders. They focus on the development of products in the field of hematology, nephrology, neurology, metabolic disorders, oncology, and ophthalmology. The company offers Soliris for treating patients with paroxysmal nocturnal hemoglobinuria, blood disorder, and atypical hemolytic uremic syndrome, an ultrarare and life-threatening genetic disease.
3. ARM Holdings
Industry : Semiconductors
Market Capitalization : $24.54 billion
Innovation Premium : 65.6
ARM Holdings Plc operates as a semiconductor intellectual property supplier focusing on designing microprocessors, physical IP and related technology and software, and sells development tools. It focuses on comprehensive products such as 16/32/64-bit RISC microprocessors, data engines, graphics processors, digital libraries, embedded memories, peripherals, software, and development tools.
Industry : Household Products
Market Capitalization : (Data Not Available)
Innovation Premium : 65.1
Unilever NV is focused on producing and marketing of fast moving consumer goods in the areas of nutrition, hygiene, and personal care. Its business is divided into four areas namely Personal Care, Foods, Refreshment and Home Care. Its Personal Care area distributes skincare and hair care products, deodorants, and oral care and is home to brands such as Dove, Lux, and Rexona, to name a few.
Industry : Biotechs
Market Capitalization : $30.67 billion
Innovation Premium : 64.7
Regeneron Pharmaceuticals is a biopharmaceutical company focused on discovering, inventing, developing, manufacturing, and commercializing medicines for treating serious medical conditions. It offers medicines for eye diseases, colorectal cancer, and a rare inflammatory condition. At the moment, it has product candidates currently in development in other areas of high unmet medical requirements such as hypercholesterolemia, oncology, rheumatroid arthritis, asthma, and atopic dermatitis.
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