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On October 23, 2020, Crain's Chicago Business released its list of the Most Innovative Companies in Chicago. Hollister Incorporated held onto the #5 spot on the list for the second consecutive year. Forty-six companies rounded out the list of Most Innovative Companies.
Hollister is the only company to remain in the top five from 2019 and only one of two companies that remained in the top 10. We also appeared on the Crain's list in 2012 (the first year for the list), in 2015 and in 2018 where we ranked #21.
The top 10 companies had short features written about them. Click here to see the feature on Hollister. Scroll further through the article to see the comprehensive list and also the list of the most registered patents last year.
“We win when our customers choose our products because they are innovative, better than competition, and they truly meet their needs. Innovation is critical for us to deliver on this goal. This is how we can live Our Mission and Vision as a company,” said Paola Wisner, Vice President of Research & Development. “Being named one of the Most Innovative Companies is the result of our people and our operating environment in the organization. Innovation at Hollister is not the result of any one Associate, we achieve this recognition together, as a team.”
To determine innovation rankings, Crain's takes into account quality of patents over quantity. Crain's uses patent data analytics performed by an intellectual property advisory firm, Ocean Tomo, to review the U.S. patents awarded to Chicago-area companies last year. Focusing on companies with at least five patents, it used an algorithm to rate the quality of their patents based on the likelihood that companies will invest to develop, maintain or defend them.
Congratulations to the Hollister inventors, technical community, and legal team for this achievement and for exemplifying our culture of innovation!
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