Huawei gained 8th position in Fortune’s top 50 most admired companies globally for 2021

Recently, the global Management ad consulting firm, Boston Consulting Group (BCG) made public a report of the 50 most creative companies in technology innovation across the world. Among them, the 5 most well-known companies in China are also included – Huawei, Alibaba, Lenovo, Tencent, and Xiaomi.

According to the data, Apple is in the first place and Google in second place, Amazon in third, Microsoft in fourth place, and Tesla come in fifth place.

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Regarding Chinese individuals, Huawei Technology is the only Chinese company to be ranked eighth and in the top ten. There is no doubt that Huawei is the most innovative company on the mainland. As for the rest of the companies, Alibaba is at 14th, Lenovo at 25th, Tencent at 26th, and Xiaomi at 31st.

To be mentioned, BCG’s static analysis report was based on the calculation of an evaluation model named i2i. It parted an individual firm’s innovation capabilities into two main aspects:

• Practice
• Platform

These characteristics also further divided into innovation projects, investment portfolios, and 10 sub-projects including vision, target field, organizational structure, talent culture, and ability to land.

Recently, at 18th HAS, which was held between  April 12 to April 14, 2021, in Shenzhen, China, Huawei released its cloud and computing progress business in 2020 report.

The progress report shows Huawei Cloud ranked second in the public cloud service market in China and second in the global IaaS market respectively. The company recorded the sixth-fastest growth rate across the world.

//HC