CLEVELAND, Jan. 29, 2013 /PRNewswire/ -- NineSigma, Inc., the leading innovation partner to organizations worldwide, today announced that 46 of their clients have been named to the 2012 Thomson Reuters Top 100 Global Innovators list. Last year, more than 40 percent of the Top 100 (43 organizations) were also NineSigma clients.
According to Thomson Reuters' report on this year's list, "Being recognized as a Top 100 Global Innovator is a prestigious distinction. It confirms an organization's commitment to progressing innovation globally, to the protection of ideas and to the commercialization of inventions."
The NineSigma clients honored as global innovators are headquartered in the U.S., Asia, and Europe, and they represent fifteen industries, with the largest concentrations in consumer products, automotive, computer hardware, chemical, and semiconductor and electronic components.
The report also calls out the value of open innovation. Open innovation is a strategy that NineSigma helped to pioneer. It involves "reaching out to the world" for new technologies, applications and solutions, which may reside in completely different industries, technical disciplines, or geographies. By focusing on their core capabilities, and incorporating key technologies or processes from the outside, NineSigma clients accelerate the process of developing game-changing products and bringing them to market.
"We are thrilled to help our clients remain at the forefront of their industries through open innovation," said Andy Zynga, CEO of NineSigma. "Through their commitment to innovating fearlessly, they are making a substantial impact on our global economy."
In addition, Thomson Reuters' report (http://top100innovators.com) notes that the Top 100 Global Innovators outperformed the S&P 500 by three percent in their market cap weighted revenue (15 percent versus 12 percent), and added 124,214 new jobs over their prior year employment figures.
NineSigma connects organizations with external innovation resources to accelerate innovation in private, public and social sectors. The company provides open innovation services to organizations worldwide, including Kraft Foods, Philips, Siemens, and Unilever, to solve immediate challenges, integrate new knowledge, fill product pipelines, and stay ahead of the competition. Named to the 2012 Inc. 5000 list of fastest-growing private U.S. companies, NineSigma's proprietary process has produced billions of dollars in value for its clients. NineSigma has the largest open global network of solution providers and an extensive database of existing solutions spanning numerous industries and technical disciplines. NineSigma's online innovation community, NineSights™, is the world's first open innovation social media destination, connecting innovators of all sizes with resources and relationships to drive growth. Learn more at www.ninesigma.com and www.ninesights.com.
Dawn Ringel, Warner Communications — firstname.lastname@example.org, (781) 449-8456