Recently, Eaton , a diversified industrial product manufacturer, was selected by Thomson Reuters as “2011 100 Most Innovative Companies in the World†for its outstanding innovation capabilities. The list is designed to recognize companies that have made outstanding contributions in the field of invention creation and have obtained worldwide patent recognition and enjoy global intellectual property protection.
Innovation is Eaton’s core philosophy that has remained unchanged for the past 100 years. This award was won by virtue of its excellent research and development capabilities, perseverance in innovation, and high regard for intellectual property, not only embodying Eaton’s outstanding ability to innovate, but also demonstrating that the outside world has done a great deal to Eaton’s innovation efforts. Accredited.
Lennart Jonsson, Eaton’s executive vice president and chief technology officer, said, “Innovation is not easy. It requires us to challenge the status quo and try to identify future trends. Sometimes we even involve many high-risk investments. Nevertheless, we still have Unswervingly striving to explore new ways to provide our customers with safe, reliable, efficient and sustainable power management solutions.â€
Currently, Eaton has nearly 9,000 patented technologies and products worldwide, of which only 750 patents were obtained in 2011 alone. Eaton’s patented products include the Eaton 9395 uninterruptible power supply, TVS® turbocharger, UltraShift PLUS gearbox, and more products from various business units.
In recent years, the outstanding innovation ability has also won several awards for Eaton in China and worldwide, including the “Technology Progress Innovation Award for Auto Parts and Low-carbon Economy Harmonious Society†issued by Auto and Accessories magazine in 2010. 2008 “Blue Sky†awarded by CALSTART, a US environmental protection organization, for its sustainable innovation and advanced technology created in the transportation field, and advanced technology that provides GM with improved fuel efficiency. The 2008 "GM Best Supplier Award" and so on.
The selection activity was initiated by Thomson Reuters, one of the three largest information providers in the world, and has successfully obtained patent licenses in the past three years from the success rate of patent applications, global patent applications, number of innovative patents, and patent influence. The highest degree of attention is attached to intellectual property, more than 100 applications for innovative patents have been filed, and the number of citations of patents has been the highest in the past five years. These four aspects comprehensively measure the innovative capabilities of candidate companies. Also included in this list are American Applied Materials, Microsoft, Apple, BASF, Boeing, 3M and Canon.
David Brown, president of Thomson Reuters Intellectual Property Solutions, said: “Innovation has become an important way to achieve economic growth and promote social prosperity for both companies and countries. We believe that innovation can lead companies to overcome the depressed economic environment. We stand out from many competitors and have more competitive advantages. We pay tribute to these 100 companies and pay tribute to the leaders of these companies who are dedicated to fostering innovation and protecting intellectual property assets."
According to the Thomson Reuters Global 100 Top 100 Innovative Enterprise Projects Report, the list of 100 companies registered a 13% increase in market value-weighted camps in 2010, and nearly 6% more than the S&P 500 index company’s revenue. Expenses are also more than double that, of which 74% of listed companies' stock prices have risen.
Eaton Corporation is a diversified power management company with sales of $13.7 billion in 2010. In 2011, the company has been established for 100 years. Eaton is a global leader in many industries, including power quality, transmission and distribution and control systems; hydraulic power components, systems and services required for industrial equipment and mobile construction machinery; and fuel for commercial and military aerospace applications. Hydraulic and pneumatic systems; and power and transmission systems that help trucks and cars improve performance, fuel economy and safety. Eaton has about 70,000 employees and its products are sold in more than 150 countries and regions.
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