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kolleamm
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What tech companies are currently making the biggest steps forward nowadays besides the well known ones like Tesla?
It would depend on how one measures such things. One way of measuring might be by patents awarded (though perhaps that is "most" and not "biggest"?):kolleamm said:What tech companies are currently making the biggest steps forward nowadays besides the well known ones like Tesla?
Tesla is a car company, with a problematic driverless control system/paradigm. Not sure that's a good example.kolleamm said:What tech companies are currently making the biggest steps forward nowadays besides the well known ones like Tesla?
I guess I was referring to any company run by Elon :Dberkeman said:Tesla is a car company, with a problematic driverless control system/paradigm. Not sure that's a good example.
Were you thinking of a different innovative company started by Elon? https://www.spacex.com/
Can you post some links to innovative companies that you've been looking at? Depending on the business sector, there are indeed some good examples...
I was going to ask, "Innovative on what piece of technology?" Alphabet/Google is doing a lot.kolleamm said:I guess I was referring to any company run by Elon :D
I'm curious about companies involved with quantum computing. The only one I know about so far is D-Wave.
I'm in principle opposed to non-occupied vehicles operating on the public highways -- even if they have a lower accident rate, they don't contain any lives, so they inflict risk to life without taking risk to to life -- I think it's unconscionable.berkeman said:Tesla is a car company, with a problematic driverless control system/paradigm. Not sure that's a good example.
russ_watters said:It would depend on how one measures such things. One way of measuring might be by patents awarded (though perhaps that is "most" and not "biggest"?):
https://www.statista.com/statistics/274825/companies-with-the-most-assigned-patents/
Tesla isn't on the list, but several other car companies are.
StatGuy2000 said:Especially when you consider that IBM has the most # of patents, given their acquisition of companies like Toronto-based fin-tech company Algorithmics back in 2011
Vanadium 50 said:Are you saying without Algorithmics IBM would not be on top? IBM claims that they've been #1 for 27 years.
Just to make sure it's clear; that link was for patents granted in 2019. I don't know if this counts patents granted in 2019 to companies bought by IBM in 2019 prior to IBM buying them (for work done prior to IBM's purchase), but I suspect even if it does that would be a tiny number of patents.StatGuy2000 said:I'm curious about the link with the companies with the most assigned patents. Specifically, I wonder if these are in fact a good measure of innovation, given that some of the patents of these companies may have been the results of mergers/acquisitions. Especially when you consider that IBM has the most # of patents, given their acquisition of companies like Toronto-based fin-tech company Algorithmics back in 2011 (which they sold to SS&C back in December 2019, btw)...
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I'm merely giving an example of how IBM's #1 rank in terms of patents could have been achieved through acquisitions of other tech companies (and thus inheriting patents from those acquisitions), rather than anything within the corporate culture of IBM today involving innovation.
Sure, even with using patents as a stick, there is more than one way to measure. Total number of patents might be "total innovation". Or you could divide by thousands of employees and get a measure of "innovative intensity".Vanadium 50 said:IBS leads the patent list, but that's at least partially because it is so big. Sure they got almost 10,000 patents last year, but that's over 350,000 employees.
russ_watters said:Just to make sure it's clear; that link was for patents granted in 2019. I don't know if this counts patents granted in 2019 to companies bought by IBM in 2019 prior to IBM buying them (for work done prior to IBM's purchase), but I suspect even if it does that would be a tiny number of patents.
I think what you are trying to say is that in general a business unit of IBM, that was acquired from another company, that then produces a patent for IBM shouldn't be counted on that list - even if it's been part of IBM for years. Why? The culture of a company is the sum-total of all of its parts. Given IBM's age and large number of acquisitions over a long time, it would be impossible and pointless to try to separate-out all of the impacts of the acquisitions and try to identify what was "really" IBM.
Note: All tech companies do this. It's just good business. You see an innovative startup that needs money to reach its potential, so you buy it. It's a win for both. Oculus is owned by facebook, for example.
Sure, even with using patents as a stick, there is more than one way to measure. Total number of patents might be "total innovation". Or you could divide by thousands of employees and get a measure of "innovative intensity".
The patent measure, though, isn't a measure of impact, if many of those patents are mundane or not used. Identifying technological impact of companies is more qualitative and more difficult, but I think an obvious one would be Apple (if we're going back 15 years) for pioneering the smart phone. Also, biotech/pharma companies, such as Novartis, which was the first to get a CAR-T cancer treatment approved.
I think the jury is still out on Tesla. At its core it is a car company and the idea of an electric car is pretty old and mundane, but the potential still exists for it to be impactful. What is telling to me is a comparison with Apple: Apple has always been an innovator and pioneer, but at a premium price. Often they were worth it, but they were always later eclipsed by lower-cost competitors. And that's ok -- that's part of what happens when you are an innovator. But it hasn't happened with Tesla yet, and to me that is a sign that unlike smartphones, electric cars aren't something everyone wants right now. It's a niche product for a certain enthusiast group. It may break-out, but it hasn't yet.
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