Editors of MIT Technology Review recently revealed their picks for the annual list of 50 Smartest Companies, with Baidu, Huawei, Tencent, Didi Chuxing and Alibaba among this year’s stars. What are the selection criteria behind this?\

Each reform in technology may lead profound changes to society in the future, and war is no exception. In time of peace, smartest companies are more inclined to pour time and money into R&D, and those who make breakthrough discoveries can always grasp the initiative and dominate market share. Editors of MIT Technology Review recently revealed their picks for the “Annual List of 50 Smartest Companies”. As compared with companies that do not produce real basic values, this year’s MIT list prefers manufacturers that create social values, especially those in the health-critical biomedical industry.

Among the 50 Smartest companies, 15 are in the computer and communication industry, 14 in biotechnology industry, 10 in internet and digital media industry, 6 in energy industry and 5 in transportation industry.

It’s worth mentioning that China has two companies among the top 10 of the list. Baidu jumps from 21st in 2015 to 2nd in this year. Huawei ranks 10th. Whereas Xiaomi, ranking 2nd last year, drops from the list. Alibaba falls to 24th from 4th last year. Tencent falls from 7th last year to 20th this year. Didi Chuxing makes its debut appearance in this list, ranking 21st.

The criteria for the ranking demand that companies must have “real innovative technologies and practical and ambitious business model”. Apart from technological innovation, “strategic operation capacity is also a must”.

MIT’s list does not place emphasis on the reputation of companies, that is why the busy-for-nothing Apple and Facebook didn’t make the cut.

TOP50

  1. Amazon
  2. Baidu
  3. Illumina
  4. Tesla Motors
  5. Aquion Energy
  6. Mobileye
  7. 23andMe
  8. Alphabet
  9. Spark Therapeutics
  10. Huawei
  11. First Solar
  12. Nvidia
  13. Cellectis
  14. Enlitic
  15. Facebook
  16. SpaceX
  17. Toyota
  18. Airware
  19. IDE Technologies
  20. Tencent
  21. Didi Chuxing
  22. Oxford Nanopore
  23. 24M
  24. Alibaba
  25. Bristol-Myers Squibb
  26. Microsoft
  27. Fanuc
  28. Sonnen
  29. Improbable
  30. Movidius
  31. Intrexon
  32. Carbon
  33. Bosch
  34. T2 Biosystems
  35. EditasMedicine
  36. Nestlé
  37. RetroSenseTherapeutics
  38. Line, subsidiary of Naver
  39. TransferWise
  40. VeritasGenetics
  41. FireEye
  42. Seven Bridges
  43. Slack
  44. Coupang
  45. IBM
  46. Snapchat
  47. Africa Internet Group
  48. LittleBits
  49. Intel
  50. Monsanto