Startups in Boston – Most Connected Tech Companies
Boston: an economy of innovation
2018 is shaping up to be the year that Massachusetts finally takes the lead over New York City in total annual venture investment. So far this year, the Boston area hit $5.2 billion. Not to be dismissed as a startup powerhouse, Crunchbase data reveals that at least seven Boston-area startups have sold for $100 million or more in 2018.
With schools like Harvard and MIT, Boston is often referred to as an academic capital. Talent flocks to Boston from around the world and fuels the New England town’s startup scene. The industry is broad, with biotech and healthcare out front accounting for a large majority of invested capital. However, Boston also demonstrates expertise in AI, consumer apps and enterprise software. Leading the way are niche startups like Toast and Litmus, and major brands like Hubspot, Wayfair and DraftKings. Boston continues to prove its worth as a hub for innovation.
Startups and technology companies
Innovation in any field, but especially in technology, depends on ideas. Research in the fields of relationship intelligence and network science has shown repeatedly, that the best, most innovative ideas come from outside of a local network as someone is able to make connections between fields and create a new way of tackling a challenge.
Technology companies need to continually invent, and reinvent, in order to keep on the forefront of their fields. As industries shift and change, technology leaders need to be on the forefront of the deals and alliances that are being made.
Each of these criteria favour the technology companies that are ‘most connected’. Those that have invested in building and maintaining the relationships they will need with other innovation leaders and alliance partners will be best positioned to win as the market moves forward.
Which brings us to today’s Most Connected Technology Companies in Boston list.
What is Most Connected?
Most Connected is a resource that showcases the most networked companies in a region. According to Harvard Business Review, in today’s business environment, relationships are the key factor in what makes a successful brand. And now, relationship intelligence solutions can identify which companies have the strongest sets of relationships. Nudge.ai is showcasing the companies that are most set up for success based on the strong networks of their employees.
Companies are ranked on a number of factors including how many relationships their employees have, how strong those relationships are, and how many companies those relationships stretch across. For more detail on how Nudge measures and analyzes relationships, see here.