Thanks to recent technological breakthroughs, we are able to overcome many obstacles of our time and problems around the world. Revolutionary companies are on the rise, offering ingenious and exceptional products and services in order to improve our quality of life and economic growth. Here is a small list of promising companies, in terms of potential growth and market value.
#5 Snapchat (Messaging)
Founded in 2011 by Stanford University students Evan Spiegel and Bobby Murphy, Snapchat is a service application that allows you to send pictures and videos to friends as a temporary message, that self-destructs after a few seconds. You can control your list of friends and how long the message will last once it reaches its destination. The app, mostly popular among teenagers, is used to share a special moment, communicate quickly and engage into further social media activities.
The way how the service works raised some privacy concerns, especially for parents, worried that it might be used inappropriately by teens, for things like sexting and bullying. This didn’t stop the company to reach a massive use base, that may easily surpass 200 million by the end of 2015. The Snapchat team rejected a $3 billion offer from Facebook in 2013 as a seemingly wise move, as in 2014 it was worth nearly $10 billion dollars according to many analysts.
#4 Dropbox (Cloud-based Services)
Dropbox was born as many other successful technologies out there: the purpose to serve a special need or solve a problem. Dropbox tackle many issues related to file sharing through the internet, avoiding the inconveniences and frustrations of a physical media. Its founders, Arash Ferdowsi and Drew Houston, developed the service as MIT students, leveraged the opportunities for cloud storage to a whole new level and provided an easy way to share files with clients and friends. The service offers both free and pro accounts with different storage space plans and extra features.
The portability for multiple systems, including mobile, allowed it to be far more accessible, and the use of a sync system makes the sharing experience seamless with multiple machines from a single account. Its cloud-based storage offers protection mechanisms, like SSL and AES encryption, guaranteeing multiple levels of security and privacy for your data. It has a user base of more than 400 million, with an average of 1 billion files shared every single day. On January of 2014, it was reported a market value for Dropbox of $10 billion.
#3 Xiaomi (Smartphones)
Despite the comparisons of the company as the “Apple of China” or his CEO as the “Chinese Steve Jobs” (although they relate themselves more to Amazon), Xiaomi is view as an independent and ever-growing company, providing high quality products with great design and very affordable prices. Founded in 2010 by the businessman and CEO Lei Jun, Xiaomi provide a variety of devices, with a custom rom version of Android called MIUI as a system, which proposes to offer a rich and reliable experience for its users.
Shipping over 35 million smartphones just on the first half of this year, the company also sells tablets, routers, Smart TVs and accessories. There are plans for expansion in Brazil and other Western countries and emerging markets, but considering most of the activity in China, Xiaomi never intended to be a direct competitor to Apple in the United States or other countries. Its current market value is worth $45 billion.
#2 Tesla Motors (Electric Cars)
Contrary to what many people believe, the company wasn’t founded by Elon Musk, who only joined the board of directors later in 2004. Tesla Motors is considered the first one to seriously embrace the mission for mass adoption, manufacturing and distribution of electric vehicles (EV), and also responsible for producing technology systems and components for such products. Thanks to the cutting-edge innovations, the company was able to provide electric cars that are both enticing for the market and captivating for the customers.
You can freely charge your Tesla car in one of the 400 stations distributed worldwide, and only takes about 20 to 30 minutes for a half to full charge. The Model S, considered the most popular among EVs, can reach a travel range up to 300 miles with a single battery charge, and it is estimated that close to 50,000 units of this model were sold. The last one, Model 3, will be revealed in 2016 and it is expected to hit the market in 2017 for around $35,000. The company recently unveiled a new division called “Tesla Energy”, focused on building and installing backup batteries for homes and small businesses. These batteries, called “Powerwalls”, use the same technology installed in the cars. The Tesla Motors is currently worth $27 billion.
#1 Illumina (Next-Gen DNA Sequencing)
Founded and developed by Shankar Balasubramanian and David Klenerman, Illumina is a high-end technology and biomedicine company that presents state of the art equipments and methods for genome sequencing and data analysis. The array of solutions it provides will promise faster, more accessible and practical methods and tools for genetic analysis and sequencing. This will encourage further inclusion of researchers with more reliable and sophisticated tools and approaches, in a scale that was unimaginable a few years ago.
It applications range from a variety of fields, including pharmaceutical, academic and governmental. They may eventually lead many of the researches of the sector around the world. What makes Illumina so remarkable and valuable for the market is the possibilities its services and products may provide for a promising future. These discoveries can bring us closer to cancer prevention and diagnosis, further understanding of genetics and remarkable health improvements. The company is now a reference of DNA sequencing machines, and has a market value of $27.9 billion.
Even with the uncertainty of the market, there are those companies that show a gifted future and non-stopping growth for the coming years. If you are interested in looking into bigger lists, you should also check 50 Smartest Companies from MIT Technology Review and America’s Most Promising Companies from Forbes.
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