Huawei named world's 6th most innovative company by BCG, jumps 42 spots

Huawei is shifting itself from an Innovation 1.0 Model to Innovation 2.0, driven by new technologies and broadened vision for future

The leading provider of information and communication technology & smart devices, Huawei, was named as the 6th most innovative companies of 2020 by Boston Consulting Group (BCG).

BSG recently released ranking for 50 Most Innovative Companies in 2020, this is the highest ever ranking achieved by tech giant, with Huawei shooting up 42 spots since 2019 ranking, the most by anyone in the Top 50 list.

The ranking is based on the assessment of 2,500 global innovation executives (63 per cent C level, 37 per cent senior vice-president or vice-president level) since 2005. The performances of the companies were evaluated