Six member companies of the Arizona Technology Council are among the 50 most innovative companies in The Boston Consulting Group’s 10th annual global survey of the state of innovation. Amazon, Google, Johnson & Johnson, and Microsoft appear on the list as do the parents of GE Capital and Hitachi Data Systems Corporation.
According to the survey results, 79 percent of respondents ranked innovation at least among the top-three priorities. Also, science and technology continue to be seen as increasingly important underpinnings of innovation, enabling four attributes that many executives identified as critical: an emphasis on speed, well-run (and very often lean) R&D processes, the use of technological platforms, and the systematic exploration of adjacent markets
The importance of these four attributes—and of science and technology in general—is a trend for the survey. Reviewing all the surveys and the companies that made the list, at least nine out of 10 of them—including Google, Microsoft, Amazon and General Electric—are all strongly associated with many of those capabilities.