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Stay on Corporate siteKONE Corporation, press release, September 2,
2016
KONE, a global leader in the elevator and escalator industry, has
been ranked as one of the world's most innovative companies by
business magazine Forbes. It is the sixth year running that KONE
has made the world's most innovative companies list, inside the top
100. This year, KONE ranked 56th making it the 8th most innovative
company in Europe. KONE is also the only elevator and escalator
company featured on the list.
"Once again, we are proud to have been recognized for our
innovation by Forbes. Changes in market dynamics and technologies
mean we have established new areas for growth and built new
partnerships," explains KONE Chief Technology Officer Tomio
Pihkala. "Urbanization and digitalization are important drivers for
our innovation activities, but other examples where we want to
create value for customers and wider society include setting up a
new Technology and Innovation unit as well as announcing
cooperation with companies including IBM."
Innovation has been at the core of KONE's business for decades.
Some of the breakthrough innovations include KONE UltraRope, a
high-rise elevator hoisting technology, and the KONE family of
People Flow Intelligence solutions, which makes navigation through
buildings smoother and smarter.
Forbes magazine's ranking is based on a metric called the
"Innovation Premium": the difference between a company's market
capitalization and its net present value of cash flows from
existing businesses.
The list of the world's most innovative companies can be seen on Forbes' website.
Previous press releases are available at www.kone.com/press
including:
February 19, 2016: KONE joins forces with IBM for IoT cloud services
and advanced analytics technologies
17.9.2015: KONE establishes a new Technology and Innovation
unit
For further information, please contact:
Liisa Kivelä, Director, Communications, KONE Corporation, tel. +358
204 75 4330, media@kone.com
About KONE
At KONE, our mission is to improve the flow of urban life. As a
global leader in the elevator and escalator industry, KONE provides
elevators, escalators and automatic building doors, as well as
solutions for maintenance and modernization to add value to
buildings throughout their life cycle. Through more effective
People Flow®, we make people's journeys safe, convenient and
reliable, in taller, smarter buildings. In 2015, KONE had annual
net sales of EUR 8.6 billion, and at the end of the year close to
50,000 employees. KONE class B shares are listed on the Nasdaq
Helsinki Ltd. in Finland.
www.kone.com