Fast Company Ranks World’s 50 Most Innovative Companies

Apple Earns Top Spot on Fast Company MIC Ranks with 28 First-Time Honourees

Fast Company, a progressive business media brand, with a unique editorial focus on innovation in technology, ethical economics, leadership, and design, released its annual ranking of the world’s 50 Most Innovative Companies (MIC) for 2018, honouring leading enterprises and rising newcomers that exemplify the best in business and innovation.

Earning the top spot on the list this year is Apple for releasing a slew of exciting products from AirPods to iPhone X, maintaining its staying power in an era of rapid change. Notably, it is the only company to have earned a spot every year on the Most Innovative Company list since its inception in 2008.

The top ten companies on this year’s list are Apple, Netflix, Square, Tencent, Amazon, Patagonia, CVS Health, Washington Post Company, Spotify, and NBA from first to tenth spot respectively.

Nearly 30 companies appear on this year’s list for the first time, including Stitch Fix, Diamond Foundry, Patreon, and Ford Foundation.

Additionally, only six companies have the distinction of being recognised on both the 2017 and 2018 lists, namely Spotify, Tencent, Apple, Amazon, Netflix, and Slack.

The 50 Most Innovative Companies were curated from the business media brand’s Top 10 lists, which recognise pioneering companies across 36 categories, from artificial intelligence to wellness.

More than three dozen Fast Company editors, reporters, and contributors surveyed thousands of companies—many of which were identified by a new MIC submission process—to create these lists.

Most Innovative Companies is the brand’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.

“This year’s MIC list is an inspiring and insightful window into how many companies have embraced innovation and are working to make meaningful change,” said David Lodsky, Fast Company Deputy Editor, who oversaw the issue with Senior Editor, Amy Farley.