Tesla Tops World’s Most Innovative Firms List While Apple Drops Out: RANKED 2016

Tesla Motors, the electric vehicle manufacturer was ranked No. 1 on a list of the most innovative firms in the world for 2016 by Forbes magazine. Salesforce.com (CRM) grabbed the second spot.

But, yes, that did happen. It came as quite a surprise to me that Apple has slipped out of the top 100. The list is dominated by companies from America and Asia.

Regeneron Pharmaceuticals that researched on the treatment of Ebola and Zika placed third on the list. Rounding out the top five are two other pharmaceutical giants: Incyte and Alexion Pharmaceuticals.

Magazine ranked companies on what it calls an “innovation premium” — a proprietary algorithm based on the difference between a company’s market capitalization and the net value of cash flow from its existing businesses.

Here is the list of Top 100 innovative companies of 2016

1) Tesla Motors (United States)
2) Salesforce.com (United States)
3) Regeneron Pharmaceuticals (United States)
4) Incyte) United States (United States)
5) Alexion Pharmaceuticals (United States)

6) Under Armour (United States)
7) Monster Beverage (United States)
8) Unilever Indonesia  (Indonesia)
9) Vertex Pharmaceuticals (United States)
10) BioMarin Pharmaceutical (United States)

11) Amazon.com (United States)
12) ARM Holdings (UK)
13) Naver (South Korea)
14) FleetCor Technologies (United States)
15) Netflix (United States)

16) Shanghai RAAS Blood Products (China)
17) Rakuten (Japan)
18) Asian Paints (India)
19) LG Household & Health Care (South Korea)
20) Verisk Analytics (United States)

21) Amorepacific (South Korea)
22) Coloplast (Denmark)
23) Marriott International (United States)
24) Illumina (United States)
25) Red Hat (United States)

26) AmerisourceBergen (United States)
27) Visa (United States)
28) Sysmex (Japan)
29) Baidu (China)
30) Mastercard (United States)

31) Hindustan Unilever (India)
32) Hermès International (France)
33) TransDigm Group (United States)
34) Perrigo (Ireland)
35) The Priceline Group (United States)

36) Adobe Systems (United States)
37) Cerner (United States)
38) Ulta Salon Cosmetcs & Fragrance (United States)
39) Chipotle Mexican Grill (United States)
40) Almarai (Saudi Arabia)

41) Fast Retailing (Japan)
42) Starbucks (United States)
43) Unicharm (Japan)
44) Sirius XM Radio (United States)
45) Iliad (France)

46) Magnit (Russia)
47) Autodesk ( United States)
48) Tencent Holdings (China)
49) BesTV New Media (China)
50) Lindt & Sprungli (Switzerland)

51) Reckitt Benckiser Group (United Kingdom)
52) Cielo (Brazil)
53) Ctrip.com International (China)
54) Mead Johnson Nutrition (United States)

55) Shimano (Japan)
56) Kone (Finland)
57) Dassault Systemes (France)
58) Expedia (United States)
59) ProSiebenSat1 Media (Germany)
60) Brown-Forman (United States)

61) SBA Communications (United States)
62) Essilor International (France)
63) Allergan (United States)
64) Keyence (Japan)
65) Oriental Land (Japan)

66) Tata Consultancy Services) India)
67) Intuitive Surgical) United States)
68) Fastenal) United States)
69) Roper Industries) United States)
70) Smith & Nephew) United Kingdom)

71) Experian (Ireland)
72) Colgate-Palmolive (United States)
73) Sun Pharma Industries (India)
74) Acuity Brands (United States)
75) Molson Coors Brewing) United States)

76) Fanuc (Japan)
77) Inditex (Spain)
78) Luxottica Group (Italy)
79) SABMiller (UK)
80) CR Bard (United States)

81) General Mills (United States)
82) Novozymes (Denmark)
83) Edwards Lifesciences (United States)
84) Equifax (United States)
85) Geberit (Switzerland)

86) Capita (UK)
87) Falabella (Chile)
88) Liberty Global (UK)
89) Larsen & Toubro (India)
90) Assa Abloy (Sweden)

91) Hikvision (China)
92) Constellation Brands (United States)
93) Coca-Cola (United States)
94) Omnicom Group (United States)
95) Paychex (United States)

96) Starwood Hotels (United States)
97) ITV (UK)
98) Church & Dwight (United States)
99) Grifols (Spain)
100) AVIC Aviation Engine (China)