Amazon.com the world’s third most innovative company

Forbes   have just released the latest in their ongoing series “The World’s most …” .this time for 2012′s  “…… innovative companies”.

In conjunction with Credit Suisse HOLT ( they help you with your investment decisions – video below) who use lots of cash flow info and some clever algorithms to come up with an Innovation Premium % which (for the technically minded) is explained here in significant detail. Suffice to say that there are academics involved as well.

Looking at our subjective definition of “technology” companies (eg we exclude biotechs) we come up with these 20 companies appearing in their top 100. No places for either Microsoft or Samsung unfortunately!

Position Country Innovation 12 month 5 year
Tech All premium          sales annualised
    growth return
1 1 Salesforce.com US 73.0% 37.7% 29.7%
2 3 Amazon.com US 58.3% 34.9% 26.3%
3 4 Red Hat US 58.1% 22.6% 23.9%
4 5 Baidu China 57.6% 50.0% 57.6%
5 7 Rakuten China 51.5% 18.3% 25.8%
6 10 Arm Holdings UK 45.4% 16.9% 27.3%
7 11 Tencent Holdings China 44.1% 55.8% 53.0%
8 19 Infosys India 37.7% 12.7% 0.4%
9 24 Google US 35.9% 29.5% 6.2%
10 26 Apple US 35.7% 48.3% 39.7%
11 29 Tata Consultancy India 35.1% 19.5% 14.6%
12 39 Citrix US 32.3% 18.1% 19.0%
13 40 Dassault Systemes France 31.9% 9.9% 12.3%
14 45 Nintendo Japan 31.0% -26.7% -21.2%
15 51 NetApp US 28.2% 14.6% 5.2%
16 57 Intuit US 26.2% 9.4% 16.1%
17 62 Activision Blizzard US 25.3% -7.5% 6.8%
18 77 SAP Germany 20.2% 11.1% 5.8%
19 82 Agilent Technologies US 19.5% 5.5% 2.0%
20 100 Altera US 16.0% -15.6% 10.6%

Links are to Forbes company profiles

We couldn’t help but notice that at #66 was ….. probably the most innovative Danish lager producing company in the world!

Forbes top 100 full listing.

Here’s the Credit Suisse HOLT video:

 

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