Forbes has named local telecommunications operator DiGi as one of the world’s top 100 most innovative companies, joining a list of companies renowned for its unique business approaches such as Amazon, Netflix and ARM.
Placed 100th in the list, the telco is the only Malaysian company in the list, which was dominated by American companies (39 in the list were American firms). Malaysia, Indonesia and Singapore each had one company in the list, while six companies were from China and another five from India. Eight of the 22 Asian companies were from Japan.
According to Forbes, the companies in this list are ranked based on a measure called “innovation premium”, a benchmark created by two business school professors, Jeff Dyer and Hal Gregersen. This metric measures “how much the stock market thinks a company will come up with fresh, money-making ideas over and above its existing businesses over the next several years”.
Responding to the company’s placement in the list, DiGi CEO Lars Norling said:
We’re proud to be recognised by Forbes for our deep track record on driving innovation in all areas of our business… Over the years, we have gained a reputation not only for being one of Malaysian’s favourite brands but for consistently driving growth through innovation.
The full list of Forbes’ Top 100 Most Innovative Companies can be viewed here.