Monsanto, a world’s leading sustainable agriculture company has been ranked 50th in MIT Technology Review’s 2016 list of smartest companies. Monsanto was also named to the magazine’s 2014 list.
To be in the list, a company must have innovative technology and a business model that is both practical and ambitious, enabling the company to set the agenda in its field over the past 12 months. In selecting Monsanto, MIT Technology Review editors cited the company’s RNA interference research, and Monsanto’s 2015 investment of more than US$ 1.5 billion in research and development, including work on new biotechnology traits, genomics and more.
“Each year we identify 50 companies that are ‘smart’ in the way they create new opportunities,” said Jason Pontin, publisher and editor-in-chief of MIT Technology Review. “Some of this year’s stars are large companies that are using digital technologies to redefine industries, while others wrestle with technological changes. Also on the list are ambitious startups looking to make their mark in an existing marketplace or create a new market entry.”
Monsanto’s R&D investment last year reached across its five core technology platforms – breeding, biotechnology, crop protection, biologicals and data science.
“It’s a great honour to be recognised by MIT Technology Review for our commitment to developing a broad range of integrated solutions to support farmers,” said Sherri Brown, Monsanto’s Science Strategy Lead. “As farmers’ needs evolve due to mounting pressures from climate change and population growth, Monsanto continues to invest in discovering and delivering new sustainable agriculture products for the farm,” Brown added.
Monsanto brings a broad range of solutions to help nourish our growing world. The Company produces seeds for fruits, vegetables and key crops – such as corn, soybeans, and cotton – that help farmers have better harvests while using water and other important resources more efficiently. Monsanto works to find sustainable solutions for soil health, help farmers use data to improve farming practices and conserve natural resources, and provide crop protection products to minimise damage from pests and disease.