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Shazam Named One of Fast Company’s Most Innovative Companies of 2016

Press Release   •   Feb 23, 2016 11:16 EST

Shazam Named One of Fast Company’s Most Innovative Companies of 2016

Shazam, one of the world’s most popular apps for connecting artists and fans, today announced its inclusion in Fast Company's Most Innovative Companies of 2016. The annual list has become an industry standard, created to honor leading enterprises and rising newcomers that exemplify the best in nimble business and impactful innovation. Shazam was selected as one of the Most Innovative Companies by sector in the Music category for 2016. This is the second time Shazam has had the inclusion, as the company was first named to the list of Most Innovative Companies in 2012.

“This year's package—which includes top ten lists in 27 sectors—emphasizes the breadth of companies with progressive, agile business models, cultures of creativity, and ability to adapt in today's fast-paced world”

“Innovation is at the very core of Shazam,” said Shazam CEO Rich Riley. “We have continued to innovate on our pioneering music-identification capabilities and have made it faster and more accurate than ever as we strive to make all of the world’s music discoverable. Additionally, we launched innovations around visual recognition which are connecting leading brands around the world to our global community of fans.”

Among the honorees for 2016 are popular consumer brands Taco Bell and Hasbro; large corporations CVS Health and Bristol-Myers Squibb; rising newcomers Shyp and Robinhood; creative retail upstarts Everlane, Shopify, and Farfetch; global healthcare companies Novocure and Noora Health; entertainment leaders Sixteen String Jack Productions and Universal Studios; and mission-driven organizations Sama Group, Black Lives Matter, and Social Capital. Returning honorees include Airbnb, Spotify, GE, Fitbit, Uber, and Huawei.

“This year's package—which includes top ten lists in 27 sectors—emphasizes the breadth of companies with progressive, agile business models, cultures of creativity, and ability to adapt in today's fast-paced world," said Fast Company editor Robert Safian.

Most Innovative Companies is one of Fast Company's most significant and highly anticipated editorial efforts of the year. To produce the 2016 list, the magazine's editors spent a full year gathering and analyzing data on companies around the globe. For the first time, Fast Company enlisted machine intelligence to help inform the list: Quid, a San Francisco-based startup, used its software to create topographical maps of innovation across more than 40 sectors of the economy.

ABOUT FAST COMPANY

Fast Company is the world's leading progressive business media brand, with a unique editorial focus on innovation in technology, ethical economics, leadership, and design. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, one of the U.S.'s leading media companies.

Fast Company's Most Innovative Companies issue (March 2016) is now available online at http://www.fastcompany.com/most-innovative-companies

About Shazam

Shazam is one of the most popular apps of all time, used by hundreds of millions of people globally to connect to the world around them. Building on its pioneering leadership in music identification, Shazam now helps people discover, interact with, and share video, audio, or printed content on TV, radio, movie screens, magazines, newspapers, packaged goods, and retail stores -- and now Shazam lets music fans follow their favorite artists to see their Shazams and share in the thrill of discovery. The app has exceeded 20 billion total Shazams since its launch, and users Shazam over 20 million times each day. For more information on how Shazam has created new technology tools for brands to utilize data visit www.shazam.com