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Kone named one of the world's most innovative companies by Forbes

Kone has been ranked 42nd out of the top 100 most innovative companies in the world by the well-known business magazine Forbes. Out of all European companies listed this year, Kone was ranked an impressive sixth. Kone is the only elevator and escalator company featured on Forbes' list this year.

Kone's history as an industry forerunner is well documented. In 1996, Kone was the first company in the industry to introduce machine-room-less elevators. Kone's latest ground breaking solution is its new high-rise elevator hoisting technology, Kone UltraRope(TM), enabling future elevator travel heights of one kilometer - twice the distance currently feasible. Last May, Kone announced that the Kone UltraRope technology would be used in Saudi Arabia's Kingdom Tower building, expected to be the world's tallest building with a height rising over one kilometer once completed.

Forbes magazine's ranking is based on a metric called the "Innovation Premium". One of the developers of the metric is Harvard Business School Professor, Clayton Christensen.

The list of world's most innovative companies can be viewed on forbes.com.



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