Ravi Speaks:
The top ten innovative companies-II
In continuation of yesterday’s article on the top ten innovative companies featuring in the top-notch slot, the remaining five which we had not discussed at length are being discussed and their necessary information how they rose to the top and what are their important features -are being discussed here in Part-II today:
Yesterday the top five companies which have been discussed are: –
Amazon
Apple Inc
BYD
CISCO
Google.
The remaining five are mentioned as: –
IBM
Infosys
Nucor
PepsiCo
Tata Motors
IBM:-This tech giant has come back from the brink more than once, proving it can be just as innovative as the trendy darlings of Silicon Valley or Bangalore. Low-cost experimentation, for example, has given IBM key insights into complex networking, which could help form a 21st-century “smart grid.”
IBM encourages creative pursuits and passions outside of work because when IBMers can explore their curiosity, it gives all of us a new outlook on the world and its possibilities for emerging tech. Together, IBM can drive progress through meaningful innovation and action. IBM punch cards become the industry standard for the next 50 years, holding nearly all the world’s known information and enabling large-scale projects like the US Census. The new generation of the hybrid cloud enables you to build once, deploy anywhere, and manage it all from a single pane of glass. So your business can adapt and transform like never. That way, the entire world is going IBM with its associates. Hybrid cloud and AI are IBM’s clear path to growth. IBM is doubling down on its investment in hybrid cloud and AI because we see it as the best way to help our customers on this journey. They want the speed, efficiency and innovation that comes with moving to the cloud, without having to reinvent their entire IT infrastructure. That’s what hybrid cloud is all about.
As per their Head:-“IBM is uniquely qualified to deliver what our clients need and want. In Red Hat OpenShift, we have the leading open-source hybrid cloud platform. Add our Cloud Paks, and we can transform complex legacy architecture into a completely secure integrated platform. Our clients benefit from the seamless automation, data mining and analysis, development of cloud-native applications, and multi-cloud management our platform provides. Our services team brings the expertise to make migration to the hybrid cloud easy and a custom fit for each client.”
He further explains the core Functioning:-“Our combined offerings are the recipe for our client’s success and IBM’s growth. Our industry-leading security makes the hybrid cloud safe and compliant for heavily regulated enterprises like banks, telcos, and energy companies. Our automation frees up people for business transformation. Our cloud-native AI integrates data from across the IT infrastructure, generating new insights into processes and outcomes that create real business value. IBM’s services team has the industry and technical expertise to help our clients reinvent themselves using our platform and the applications that run on it, from banking to telecoms to retail to energy to just about anything”.
“Over the last decade, IBM has transformed itself to meet the mission-critical needs of our clients. Today, IBM is laser-focused on the open hybrid cloud—a $1 trillion market opportunity. Our hybrid cloud platform provides a full stack of capabilities to clients including our AI-enabled software portfolio, cloud transformation services, systems, security and the IBM public cloud.”
Infosys:- This Indian tech company undercut big players like Accenture and McKinsey by outsourcing much of its engineering work to India. When competitors copied that model, Infosys copied theirs, offering its clients seamless end-to-end “solutions” instead of simpler project work.
“From a capital of US$250, we have grown to become a US$79.7 billion company.” Established in 1981, Infosys is an NYSE listed global consulting and IT services company with more than 250k employees. From a capital of US$250, we have grown to become a US$13.56 billion (Q4 FY21 revenues) company with a market capitalization of approximately US$79.74 billion. In our journey of 40 years, we have catalyzed some of the major changes that have led to India’s emergence as the global destination for software services talent. We pioneered the Global Delivery Model and became the first IT Company from India to be listed on NASDAQ. Our employee stock options program created some of India’s first salaried millionaires. IBM, Infosys.
Infosys Ltd. is a consulting, technology, and outsourcing company, which provides end-to-end business solutions, enabling clients to enhance business performance, delivered to customers globally operating in various industry segments. The company’s industry segments are primarily financial services and insurance comprising enterprises providing banking, finance and insurance services, manufacturing, enterprises in the energy, utilities, communication and services, and retail, consumer packaged goods, logistics, and life sciences. Its offerings include IT Services, Engineering Services, Consulting Services, BPO Services, and Products and Platforms. The company’s IT services offerings create information technology-enabled business solutions for clients by leveraging its domain and business expertise along with a complete range of services, including application, architecture, independent validation, and testing, information management, infrastructure, knowledge, learning services, packaged application services, SOA and systems integration services. Its Engineering services provide concept-to-market research and development and engineering services to improve customers’ product operations. These operations include lifecycle management, manufacturing process, and plant solutions, and product engineering. The company’s consulting services include information and technology strategies, learning and complex change, next-generation commerce, and product innovation services. It was formerly known as Infosys Technologies Ltd. and changed its name to Infosys Ltd. in June 2011. Infosys was founded by K. Dinesh, S. Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Nandan M. Nilekani, Pandit Shrikant and S. D. Shibulal on July 2, 1981, and is headquartered in Bangalore, India.“
“The Infosys Story”
In 1981, seven engineers started Infosys Limited with just US$250. From the beginning, the company was founded on the principle of building and implementing great ideas that drive progress for clients and enhance lives through enterprise solutions. For over three decades, we have been a company focused on bringing to life great ideas and enterprise solutions that drive progress for our clients.
We recognize the importance of nurturing relationships that reflect our culture of unwavering ethics and mutual respect. It’ll come as no surprise, then, that 97 percent (as of March 31, 2014) of our revenues come from existing clients.
Infosys has a growing global presence of more than 160,000+ employees worldwide, 73 offices and 93 development centers in the United States, India, China, Australia, Japan, The Middle East, and Europe.
At Infosys, we believe our responsibilities extend beyond business. That is why we established the Infosys Foundation–to help some of the more socially and economically depressed sectors of the communities in which we work. And that is why we behave ethically and honestly in all our interactions – with our clients, our partners, and our employees.”
Nucor:- This Charlotte-based steel company kept much of its manufacturing in the United States by building “minimills” that turn scrap steel into a high-quality finished product. The company boasts that even during the recession when sales tanked, it kept going without a single layoff.
The corporation is a producer of steel and related products based in Charlotte, North Carolina. It is the largest steel producer in the United States, as well as the largest “mini-mill” steelmaker (i.e. it uses electric arc furnaces to melt scrap steel as opposed to blast furnaces to melt iron). The bane of big steel companies and a recurrent favorite of Wall Street, Nucor Corporation ranks as the seventh-largest steel manufacturer in the United States. Its approach to steel production is predicated upon drastically undercutting both foreign and domestic competition, a feat it has accomplished through no small amount of hard work, risk-taking, and visionary thinking. Nucor launched the steel minimill industry in the late 1960s. Since that time, minimills have increasingly edged the large integrated steel companies out of most niche markets, capturing some 15 percent of domestic production. As king of the minimills, Nucor’s share of the $39 billion industry in terms of sales is now close to four percent. This low percentage is deceptive because Nucor has remained eminently profitable in a difficult economy and in a virtually non-growth industry: in 1991 the minimill earned $95.8 million before taxes while the six top companies cumulatively lost an estimated $1.5 billion. What has truly shaken the industry, however, is Nucor’s bold entry into the flat-rolled steel market, the last domain of Big Steel. In 1991, flat-rolled steel accounted for approximately 47 million of the 90 million tons produced nationwide. Nucor currently has two flat-rolled steel mills and has plans to build two additional plants, raising its capacity in this area to some eight million tons by the year 2000. Several analysts (as well as Nucor’s maverick CEO, F. Kenneth Iverson) have speculated that if Nucor accomplishes its goals for expansion while continuing to outperform the competition, it may very well become the number one steelmaker in the country.
PepsiCo:- Soda gets a bad rap these days, but Pepsi saw that coming. For a decade, the food company has been steadily expanding its healthier offerings, like some of its Quaker Oats products and baked snacks from Frito-Lay. The company has also acquired trendy beverages like zero-calorie So Be Lifewater and Naked Juice.
PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. It is a food and beverage company with a complementary portfolio of brands, including Frito-Lay, Gatorade, Pepsi-Cola, Quaker, and Tropicana. It operates through the following business segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; and Africa, Middle East, and South Asia The Frito-Lay North America segment markets distributes, and sells snack foods under the Lay’s, Doritos, Cheetos, Tostitos, Fritos, Ruffles, and Santitas brands. The Quaker Foods North America segment includes cereals, rice, and pasta under the Quaker, Aunt Jemima, Quaker Chewy, Cap’n Crunch, Life, and Rice-A-Roni brands. The PepsiCo Beverages North America segment comprises beverage concentrates, fountain syrups, and finished goods under various beverage brands such as Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Diet Mountain Dew, Tropicana Pure Premium, Sierra Mist, and Mug. The Latin America segment covers beverage, food, and snack businesses in the Latin America region. The Europe segment comprises beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. Africa, the Middle East and South Asia segment offers snack food products under the Lay’s, Kurkure, Chipsy, Doritos, Cheetos, and Crunchy brands. The company was founded by Donald M. Kendall, Sr. and Herman W. Lay in 1965 and is headquartered in Purchase, NY.
As of January 2021, the company possesses 23 brands that have over $1 billion in sales[2]. Pepsico has operations all around the world and its products were distributed across over 200 countries, resulting in annual net revenues of over $70 billion. Based on net revenue, profit, and market capitalization; PepsiCo is the second-largest food and beverage business in the world, behind Nestlé. PepsiCo’s flagship product Pepsi Cola has been engaged in a rivalry for generations with Coca-Cola, commonly referred to as the Soda Wars. Despite Coca-Cola outselling Pepsi Cola in the United States, PepsiCo within the North American market is the largest food and beverage company by net revenue. Ramon Laguarta has been the chief executive of PepsiCo since 2018. The company’s beverage distribution and bottling are conducted by PepsiCo and by licensed bottlers in certain regions.
In India -PepsiCo entered India in 1989 and has grown to become one of the largest MNC food and beverage businesses in India. PepsiCo India’s diverse portfolio includes iconic brands like Pepsi, Lay’s, Kurkura, Tropicana 100%, Gatorade, and Quaker.
The full form of Pepsi is named after the digestive enzyme pepsin and kola nuts used in the recipe. It’s used in Business, Products in Worldwide. Pepsi is a carbonated soft drink manufactured by PepsiCo.
Tata Motors- Over the last 15 years, this Indian upstart has out-competed the world’s biggest car companies to build a home-grown family sedan in India purchased Jaguar Land Rover from Ford and introduced the unspeakably cheap Nano at a scant $2,000. Despite a global plunge in car sales, Tata is quickly becoming a full-range global automaker.
It is an Indian multinational automotive manufacturing company, headquartered in Mumbai. Part of Tata Group, the company produces passenger cars, trucks, vans, coaches, buses, sports cars, construction equipment, and military vehicles.[4]
Formerly known as Tata Engineering and Locomotive Company (TELCO), the company was founded in 1945 as a manufacturer of locomotives. The company manufactured its first commercial vehicle in 1954 in a collaboration with Daimler-Benz AG, which ended in 1969. Tata Motors entered the passenger vehicle market in 1988 with the launch of the automobile followed by the Tata Sierra in 1991, becoming the first Indian manufacturer to achieve the capability of developing a competitive indigenous automobile.[5] In 1998, Tata launched the first fully indigenous Indian passenger car, the Indica, and in 2008 launched the Tata Nano, the world’s cheapest car. Tata Motors gained the South Korean truck manufacturer Daewoo Commercial Vehicles Company in 2004 and purchased Jaguar Land Rover from Ford in 2008.
Tata Motors’ principal subsidiaries include English premium car maker Jaguar Land Rover (the maker of Jaguar and Land Rover cars) and the South Korean commercial vehicle manufacturer Tata Daewoo. Tata Motors has a bus-manufacturing joint venture with Marcopolo S.A. (Tata Marcopolo), a construction-equipment manufacturing joint venture with Hitachi (Tata Hitachi Construction Machinery), and a joint venture with Fiat Chrysler which manufactures automotive components and Fiat Chrysler and Tata branded vehicles.
Tata Motors has auto manufacturing and vehicle plants in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune in India, as well as in Argentina, South Africa, Great Britain, and Thailand. It has research and development centers in Pune, Jamshedpur, Lucknow, and Dharwad, India and South Korea, Great Britain, and Spain. Tata Motors is listed on the BSE (Bombay Stock Exchange), where it is a constituent of the BSE SENSEX index, the National Stock Exchange of India, and the New York Stock Exchange.