SMC in Forbes Magazine’s Top 50 Most Innovative Companies in the World
Image source: SMC Germany GmbH
Inclusion in the list underscores SMC's ability to innovate on a global level: solutions are developed together with customers according to their needs and implemented worldwide in five technical centers in Japan, China, the USA, Great Britain and Germany. SMC invests EUR 171 million in its own research and development every year.
The top 50 position is significant additional recognition following the company's recent inclusion in the Nikkei Stock Average (Nikkei 225). As a global leader in automation solutions, SMC has served customers in the automotive, electronics, , medical, packaging and food industries as well as machine tool construction. The product portfolio includes more than 12,000 basic models with over 700,000 variants for individual customer solutions.
Ralf Laber, Managing Director of SMC Germany, is delighted with the award: "SMC is vigorously driving forward product development in important technology areas such as hydrogen, battery production and energy efficiency. Our global technology centers ensure a close innovation partnership with our customers, no matter where they are.”
Methodology of Ranking
The Forbes ranking "The most innovative companies in the world" is determined on the basis of a scientifically defined innovation value. The so-called "innovation premium" measures how much investors have pushed a company's share price above its current value based on expectations of future innovative outcomes (new products, services and markets).
The companies evaluated must have a market capitalization of USD 10 billion, spend at least one percent of their assets on research and development and have public data for more than seven years.
The data used comes from HOLT ValueSearch, a consultancy for corporate performance and valuation of Credit Suisse. The calculations and analyzes are by Dr. Michael J. McConnell, former Head of Research at Credit Suisse HOLT.
Source: SMC Deutschland GmbH
