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World's 20 most innovative growth companies

New Delhi: New Zealand-based cloud accounting software developer Xero has topped Forbes list of the world's most innovative growth companies.Xero scored what Forbes calls an “Innovation Premium” of 91.7, ahead of cloud ERP developer Netsuite


The ratings measures market sentiment rather than an objective evaluation of innovation. Forbes describes the Innovation Premium as a “measure of how much investors have bid up the stock price of a company above the value of its existing business based on expectations of future innovative results (new products, services and markets).”

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