HomeWinBuzzer News50 Smartest Companies 2016: MIT Technology Review Ranks Microsoft 26th in List

50 Smartest Companies 2016: MIT Technology Review Ranks Microsoft 26th in List

The list includes those companies that best combine innovative technology with an effective business model. Microsoft was ranked 48th last year but this time, the Redmond giant has wrestled its way back to the 26th spot.

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The Editors at MIT named “technological change” as the reason for this swift climb and noted,

“When we included on last year's list for its HoloLens augmented-reality technology, the system had not yet shipped. Now a preproduction “Developer Edition” is available and Microsoft is starting to use it for augmented-reality experiences. Attempting to switch its focus from desktop software to cloud and mobile services, and having recently announced a mammoth $26 billion purchase of business social network LinkedIn, the company is also pushing forward with innovative research, including some on deep neural networks that it has incorporated into Skype for simultaneous language translation. The research will also be applied to a variety of computer vision tasks.”

Other Big Names on the List

Each year MIT identifies 50 companies that are “smart” in the way they create new opportunities. Last year, Motors and Xiaomi were on the top, while this year the star toppers are and Baidu.

Alphabet, Bosch, Toyota, and Intel have made their way into the list; Tesla has dropped to number four and Illumina is still at the third spot.

Apple and Xiaomi are not on the list, but startups like 23andMe, a pioneer in consumer-accessible DNA testing; 24M, a reinventor of battery technology; and Didi Chuxing, a four-year-old ride-hailing app are on board. You can see the complete list here.

Shubham Sharma
Shubham Sharmahttp://www.winbuzzer.com
Shubham has been a blogger, vlogger and scribbler for years now and has already reviewed a plethora of smart gadgets and games. When he is not busy covering news about Microsoft or plotting the next video, you might find him navigating rapids in rivers or shooting pictures.

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