Innova琀椀on Momentum 2024: The Global Top 100 Tech giants, including Alphabet, Amazon, and Apple, representing the U.S. as an Information Technologies hub, also extend their influence into biotechnologies, medical technologies, and consumer goods, showcasing their multifaceted role in innovation. IBM, appearing on the list for the first time, announced in 2022 that they were shifting to a more focused patent strategy, most likely playing a role in their momentum this year. Diverse consumer goods companies like Nike, Proctor & Gamble, British American Tobacco, and CJ Corporation highlight the role of innovation in everyday products with a blend of technology, materials, and design advancements. Automotive and engineering innovations, demonstrated by companies like Boeing, Hyundai Motor, and new list entrants Aptiv, TRUMPF, and Tesla, continue to drive progress in the evolution of mobility solutions. Aptiv and Tesla have both been focusing efforts on autonomous driving and autonomous vehicle technologies. Tesla has increased its patent portfolio size by almost 14% within the last year while maintaining high quality and is strongly cited by players like Hyundai Motor and Toyota. Though only two Biotechnologies companies appear on the list, 10x Genomics shows one of the highest patent portfolio quality among the Top 100, innovating rapidly and increasing its innovation momentum by 50% since last year. "Competition in augmented reality optics is rising steeply through specialized players and dedicated innovation teams within tier-one companies. Lumus' patent portfolio reflects our razor-sharp focused strategy and long-term persistence. The Innovation Momentum methodology rewards these behaviors, allowing Lumus to succeed among giants." Mike Adel Vice President, Intellectual Property Lumus LLeexisxisNNeexisxisIPIP.c.comom 141414