Forbes names FANUC 26th most innovative company in the world

Robotics manufacturer recognized for people, processes and philosophies.
null
By Modern Materials Handling Staff
November 07, 2013 - MMH Editorial

FANUC Corporation, a diversified manufacturer of robots, CNCs and Robomachines, has been named the 26th most innovative company in the world, as well as the sixth top ranked innovator in Asia, by Forbes. This is the third consecutive year Forbes has named FANUC a top global innovator.
 
Forbes 2013 “The World’s Most Innovative Companies” list recognizes the world’s leading-edge corporations that are most likely to be innovative now and in the future. This recently released list by Forbes is based on a study completed by professors and advisors in which they determined that calculating a company’s value plus anticipated growth fueled by new technology and products will identify the most innovative companies.

A key factor used in compiling this list was each company’s commitment to R&D. Embedded in each of these companies is a code for innovation discernible in their people, processes and philosophies that drive them toward innovation, stated the press release. The end result is that innovation will create demand for products now and in the future.



Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

While many market conditions are working against shippers, the most recent edition of the Shippers Condition Index (SCI) from freight transportation consultancy FTR shows that things may be improving, albeit slowly.

Newsroom Notes takes a look at some of the biggest stories and themes in logistics for 2014.

Even though China’s costs have risen and the U.S. has now surpassed Mexico as the preferred locale for relocating offshored manufacturing, advantages can be fleeting and the challenges great

Memphis-based FedEx reported solid fiscal second quarter earnings results today. Quarterly net income of $616 million was up 23 percent annually, and revenue, at $11.9 billion, was up 5 percent. Operating income at $1.01 billion was up 22 percent.

UPS said this week that it has added significant space to some of its North America-based distribution facilities, which the company increases the total size of its supply chain solutions network size by roughly 1.2 million square-feet. The company’s total global supply chain solutions network is comprised of 596 facilities and about 32.8 million square-feet. UPS offers various services at these facilities, including: warehousing and fulfillment inventory, transportation and returns management; custom kitting and packaging; and store-ready displays.

Article Topics

News · Automation · Technology · Robotics · Innovation · Fanuc · Forbes · All topics

About the Author

Josh Bond, Associate Editor
Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce. Contact Josh Bond

Comments

Post a comment
Commenting is not available in this channel entry.