Huawei takes a huge leap up the list for the Most Innovative Companies
Huawei, the Chinese tech giant, has made a huge leap up the rankings in the list of the Most Innovative Companies over time. The rankings were made by BCG that has surveyed global innovation since 2005 and listed the top 50 companies that they believe deserve these spots.
In this list, Huawei has made a massive jump in recent times, crossing 42 positions to reach the number 6 spot in the list just below Samsung and Microsoft. Back in 2014, the company was at the very bottom and has made its way up since then. Keep in mind it wasn’t a straight line up, as Huawei did see a healthy rise in 2015, but it was quickly followed by a decline to the 48th position. However, from here the popular consumer electronics maker took off, beating the likes of Sony, Facebook, Alibaba, and more.
Furthermore, the rankings also include many known tech based brands as well, including Apple that currently holds the top spot. Google follows close behind in second place followed by Amazon. Xiaomi also made the list as a returnee this year, meaning they were not ranked since 2016. Now, the Chinese vendor holds the 24th spot on this list.
There can be many possible reasons for this immense rise in innovation for Huawei. The company is a pioneer in 5G networking and has been pushing the adoption of the newer and faster bandwidth in many regions despite pressures from the US. Additionally, the ban from the US has also forced the company to innovate and adapt on multiple fronts with proprietary development occurring for both software and hardware.
MTCHT
ICT
TECHNOLOGICAL INNOVATIONS
POST
ABOUT US
NEWS
INTERESTING
INTERVIEW
ANALYSIS
ONLAIN LESSONS
