The popular 120-year-old, influential technology and business magazine “MIT Technology Review” has officially released the list of “50 Smartest Companies” (TR50) in 2019. Enlisted are giant companies in various fields, including startup companies.
TR50 is one of the most authoritative lists of technical business categories in the world. It is also a guide to how technology can transform the world. The core indicators are high-tech innovation. But the magazine also takes into account the success of the companies. The business model selects 50 of the most outstanding representatives from around the world.
On this list, you can not only see the continued pursuit of giant enterprises in emerging technologies, but also the outstanding performance of startup companies. You can also see the MIT Technology Review evaluates the companies’ core competence with emerging technologies and any breakthroughs and innovation the companies have achieved for themselves, their industries, or even the world.
Who Made The List?
Many of you will be surprised, but there are tons of China-based companies. Among them, we can mention Huawei, Alibaba Cloud, Science and Technology News, Tencent, BOE, Tsinghua Unisplendour, Dajiang Innovation, Foxconn, Baidu, Byte Beat, Ants Jinfu, Meituan, Yitu Technology, etc.
In this regard, William Xu, Huawei’s Director of the Board and President of the Institute of Strategic Research, delivered a speech. He said, “Over the past 30 years, Huawei mainly made technical and engineering innovations as well as innovations in solutions based on customer needs. We call that Innovation 1.0. In the future, Huawei will pursue Innovation 2.0, which refers to theoretical breakthroughs and inventions driven by vision.
Huawei sticks to open innovation and inclusive development. Open innovation means innovating together with global experts. In this process, resources and capabilities are shared. Inclusive development means the fruits of any innovation should be shared and used by all humanity and industries. This can lighten the future of the world and industries.”
Alibaba Cloud, Science and Technology News, and Tencent also entered the TOP10.
On the list of the 50 Smartest Companies in the world, we can also see familiar names such as Tesla, TSMC, Xilinx, Microsoft, Intel, NVIDIA, Qualcomm, and so on.