Here are 41-45 of MIT’s Technology Review’s 50 Most Innovative Companies in 2011. We’re posting in increments of five every few days as not to overwhelm you with info and required reading.
Click here for 1-5 of TR’s most innovative companies of 2011;
Click here for 6-10 of TR’s most innovative companies of 2011;
Click here for 11-15 of TR’s most innovative companies of 2011;
Click here for 16-20 of TR’s most innovative companies of 2011.
Click here for 21-25 of TR’s most innovative companies of 2011.
Click here for 26-30 of TR’s most innovative companies of 2011.
Click here for 31-35 of TR’s most innovative companies of 2011.
Click here for 36-40 of TR’s most innovative companies of 2011.
Technology Review uses the following criteria to choose the most innovative companies,
What is a TR50 company? It is a business whose innovations force other businesses to alter their strategic course. TR50 members are nominated by Technology Review’s editors, who look for companies that over the last year have demonstrated original and valuable technology, are bringing that technology to market at a significant scale, and are clearly influencing their competitors.
41) SpaceX (private)
Why: Its spacecraft and rockets could replace expensive government vehicles as a way into orbit.
Key innovation: The reusable Dragon cargo capsule is set to become the first private spacecraft to visit the International Space Station.
42) Spotify (private)
Why: Its digital music subscription service has succeeded where others have failed or had only lackluster results.
Key innovation: Spotify has negotiated with record labels to allow users access to a large library of music one track at a time; they can even download music for offline use.
43) Square (private)
Why: Small businesses benefit from its simple mobile payment system.
Key innovation: Square has moved beyond its initial credit card reader for smart phones; a new app lets you automatically open a tab with a merchant on entering a store.
44) Suntech (STP)
Why: Has developed a low-cost way of making better silicon solar cells.
Key innovation: Its new panels are more efficient because they reflect less light and use thinner electrodes that block less light.
45) Tabula (private)
Why: Its processors combine the flexibility of software with the efficiency of hardware.
Key innovation: Chip designs that can reconfigure themselves faster than existing reprogrammable designs make smaller, cheaper chips possible.