Professional Documents
Culture Documents
Automotive
Finance
Luxury
Media
Retail
Sport
Tech
of Possibility
in the Decade
At a time of deep reflection, a more compelling vision of the
the deepest form of relevance future and the rest is history.
is increasingly being driven by
an uncompromising approach The lifespan of an organization
to fundamental human issues. was contracting before 2020;
Businesses that do not yet the pandemic and our collective
know, very specifically, which awakening will only serve to
Looking at the
constituents they are systematically accelerate that trend. Jeff Bezos,
disadvantaging (and how) are CEO of Best Global Brand,
at risk because in this hyper Amazon, a business so large
transparent world, the truth will it is almost planetary, said: “I
Best Global
out, and customers will “cancel”. predict one day Amazon will fail.
Amazon will go bankrupt. If you
PayPal is one of 2020’s fastest look at large companies, their
risers, thanks to a radical application lifespans tend to be 30-plus years,
of its values and the trust those not a hundred-plus years.”
Brands of 2020
actions drive. In 2015 it decided
to prioritize customers’ financial While it’s hard to conceive of a world
interests over its own higher revenue in which the 100 Best Global Brands
products. Despite an immediate are no longer in our lives, we are
stock market drop of 9% this undoubtedly at a point of divergence.
→
move unleashed long-term growth. A tipping point for many. Businesses
More recently, Paypal has begun a that cannot serve citizens and
program to redistribute capital from brands that fail to gain the consent
shareholders back to its lowest paid of customers will not stay ahead
employees to ensure that everyone of our constantly renewing
who works at PayPal can pay their expectations and they will fail.
bills. At a time of anxiety, there’s
not much that matters more. Climate change is the next
I
apocalyptic event we face, so
Microsoft has become a Top 3 Best sustainability has to become a radical
Global Brand in 2020. It’s CEO, priority for organizations and brands.
n 2020, in a year of turbulence have become stronger as a result Satya Nadella, argues that in the Microsoft has committed to being
so seismic in scale and rapid of the COVID effect, which has future: “you’ll only have permission carbon negative (not just neutral)
in impact that the world is still accelerated digital transformation to profit as a business if you have by 2030 (and Shell dropped off the
computing the effects, the trends, such as cloud-based tech the consent of customers.” In this Best Global Brands list this year).
aggregate value of the Top and streaming, across sectors, we see that as people begin to
100 Best Global Brands has reinforcing the dominance of hold business to account, choice is Change, once again, is creating
grown by 9%. Their total brand technology first brands. morphing into consent and brands winners and losers and posing
value exceeds $2 trillion. are mediating the commitments a difficult choices. The real question
Crises recast the tacit contract business makes to its constituents. may be, are you going to lead from
As the pandemic and wider between organizations and people. In this mix brand is still a promise, the future or manage your decline?
social outrage exposed fault Certainly, we are seeing that now. but a promise of something
lines in society and polarized As rising expectations dissolve deeper. Done right brands offer an
people further; we see a similar into anxiety, people are demanding equilibrium between business and
divergence in the Best Global more of the businesses they buy customer. A set of shared values.
Brands with 43% of brands into. There is a growing sense of
growing, and 57% declining in human disempowerment, a growing Only 41 brands from our 2000
value (vs 29% declining in 2019). awareness of the power of brands, ranking remain on the table today.
This years’ winners are notable and consumers are beginning to At one time, it was inconceivable
for particularly fast growth; the see their consumption choices that the DotCom Boomers Yahoo
average increase amongst the as votes of confidence. In some or AOL could fail, or that we’d fall Charles Trevail
top 3 brands alone was 50%. It’s instances, organizations have out of love with our Nokia handsets. Global Chief Executive
clear that in 2020, strong brands more power than governments. But Google and Apple showed us Officer, Interbrand
Tech brand
04 05 12
analysis: The
-1% +2% -8%
165,444 $m 62,289 $m 36,971 $m
80 96 100
T
his has been a year Our number one, Apple (BV the introduction of the Prime
in which connectivity $322,999bn; +38% YOY) trades membership – are shifting fulfilment
has assumed huge on a uniqueness which isn’t a expectations in much of the world.
importance. Whether result of what the brand says, but
in a work or education what it does. Apple’s products, Microsoft’s (BV $166,001bn;
environment, technologies and stores speak to +53%) exceptional transformation
attempting to build an online the organisation’s philosophy of over the past six years has
social life, or communicating beautiful simplicity and individual seen sources of revenue shift
with relatives near and far, the empowerment. Apple has dramatically to a combination
ways that we link up across the consistently changed what was of personal and business
internet has become paramount. in people’s minds by changing software-as-a-service (SaaS)
what was in their hands. and public cloud infrastructure
And as a result of that, those and services, with all three lines
brands who own the major Amazon (BV $200,667bn; + generating revenue primarily
platforms, channels and devices 60% YOY) invested over $28 through recurring subscriptions.
have soared in value in 2020. Their billion on R&D in 2018 and is
growth has been so dramatic that, making the very notion of agility Another winner this year was new
despite many more traditional exponential. Powered by real time entrant Zoom (BV $4,481m), who
brands dropping in this year’s tricky data, AI and machine learning, were perfectly positioned to take
environment, they have pushed its moves – from daily, one-to- advantage of a situation nobody
the overall value of the top 100 one interactions to category saw coming, but they have proved
brands this year to over $2 trillion. changing Iconic Moves such as more than up to the challenge.
The Interbrand
view: A dramatic
shift to a new reality
→
L
et’s face reality: 2020 tracking, tele-conferencing, cloud-
was no picnic. A global based data sharing and predictive
pandemic that forced analytics became the ‘new normal’
unprecedented shifts in in place of offices, bricks & mortar
society, and the resulting retail, in-person team workflow
economic crisis, challenged and consultation services.
governments and business to quickly
adapt and pivot to a world in which SURVIVING, THRIVING
a new paradigm was emerging. In particular, the three sectors
that were transformed with the
A bifurcated world of two workforces: immediacy of the survival instinct
one remote and digitally connected, were financial services, medicine
the other on the front line of the & healthcare as well as education.
pandemic, undertaking physical The shift to virtual and remote
labor and performing vital services. collaboration and data-aggregation
In both cases, technology that meant that for these industries
previously existed but was slow customers shifted expectations
to be adopted became the urgent of service and personalization.
investment and ‘mission critical’ Behind the changes to all of these
infrastructure for operations. sectors were brands that leaned into
Technology in the form of fully their technology and data-analytics
automated services, diagnostics, in order to provide seamless,
The analyst’s
view: All
together now?
→
W
e’re all in this highlighted division as an unintended
together” was the consequence if solutions aren’t
refrain heard in holistic. The dichotomy of cohesion
the first phase of vs. separation is the prevailing trend
the Coronavirus playing out in powerful ways in the
pandemic as global cultural conversation. This
people were trying to figure out how conversation drives the context in
to manage social isolation and survive which all brands operate, but it’s
the economic fallout. Digital efforts even more significant for tech brands
towards connection and government given the massive role they play
stimulus programs to combat in all facets of our lives. Perhaps
financial hardship aimed to ease the the most pertinent question right
pain but many are still struggling. now is “are tech brands bringing
In the wake of the killing of George us together or driving us apart?”.
Floyd and many other Black men and
women, the global movement to fight PRODUCTS TO PLATFORMS
racial injustice intensified. Activism The tech brand trends of 2019 have
and allyship grew as powerful forces been transformed by the latest macro
for positive change. If you weren’t forces of unity and equity, or lack
actively with Black Lives Matter, then thereof, identifying fresh formulas
you were against it, and that became for brand success in our new reality
a problem. Desire for togetherness in 2020. Tech companies who
comes with the big moves that open or closed eco-system there
happen where brand eco-systems are still objections, as four major
overlap. Microsoft, a proponent tech brands (swap out Microsoft for
of an open approach under the Facebook) were lumped together
leadership of Satya Nadella, made to be interrogated by US Congress,
a big bet with the introduction of who argued tech’s power is limiting
the Microsoft Surface Duo, their choice for customers. The irony of
first device to run on Android. In US Congress grilling tech companies
contrast, Apple’s more closed for their perceived anti-trust
ecosystem faced another high- behavior, while also increasingly
profile challenge from Epic Games. relying on their size and scale to
help solve major health, economic
THE NEW BATTLEGROUNDS and cultural crises is a vivid portrait
Epic combined the addition of a of our times. Pivoting in some ways
direct pay option outside the App from forcing consumers to make the
Store with a legal assault and brand simple tradeoff of privacy for utility,
have been shifting from individual shift to remote work as a result of the storytelling casting Apple as the Big tech companies are stepping up by
products to branded platforms are Coronavirus pandemic. Work and Brother they sought to disrupt in their making proactive choices to lead with
increasingly also being judged by home used to be separate worlds but legendary “1984” Mac ad. The other ethics and purpose, often solving
the quality of the experiences they they now occupy the same space, tech titans were pulled into the fray, problems with, or even instead of
deliver in the multi-brand, integrated not just physically but also mentally, with Google booting Fortnite out of government. Microsoft, Amazon
eco-systems that consumers and tech brands have been quickly the Play store while Microsoft rallied and IBM were part of a coalition of
demand. Privacy and utility were leading the way in how we adapt. behind Epic. With app stores acting companies who refused to sell facial
viewed as a trade-off consumers had as one of the critical intersections recognition technology to police
to make, whereas now companies BUNDLING UP between brand platforms, and also until there are stronger US federal
are embracing ethics & purpose to As tech brands deliver more sitting at the heart of one of the regulations in place to govern its use.
make proactive choices to benefit seamless experiences to keep major revenue models for the tech As governments struggled to figure
a broadening set of stakeholders. customers in their worlds, the industry, it’s no wonder this is such out how to manage Coronavirus
“Cult becomes culture” described the evolution from products to platforms a high profile battle, now playing tracking, Apple and Google
moves iconic tech brand founders continues. Office 365 products out across multiple industries. The announced a global partnership to
were making as they stepped aside were rebranded Microsoft 365, vintage “green vs blue bubble” enable contact tracing in a way that
and worked to preserve their legacies G Suite has now officially been iMessage kerfuffle between Apple maintained privacy. Satya Nadella
by codifying their visions with their rebranded to Google Workspace, and Android seems trite compared has described Microsoft employees
brands and successors; the new and Apple’s services can now to the multi-billion dollar platform as “digital first-responders.” Tech
paradigm is that employee actions, be accessed through the Apple war now waging across gaming, brands are making these moves
even activism, can drive company One bundled offering. It’s good streaming entertainment, music, with increasingly empowered
culture and results. An additional new to keep current customers happy, smart homes and beyond. dedicated ethics teams and greater
force towards integration is the rapid but major innovation and growth Whether they compete with an transparency for more accountability
The customer
view: What
CES 2021 means
→
T
his year, CES2021 will entrepreneurship sponsored by
be 100% virtual. An governments and private industry
event that normally in the form of Eureka Park (the
occurs in the physical start-up showcase); the Health
space to exhibit, Tech exhibition that demonstrates
introduce and extol how digital devices and advanced
the virtues of technology will now computing is being integrated to
actually occur as a fully digital all aspects of human healthcare
enabled experience. The Consumer diagnostics, therapies and daily living.
Technology Association (CTA)
holds CES as a showcase of the SCALING AND REDEFINING
world’s most innovative brands and B2B solutions that improve
organizations who are re-defining our efficiency and re-define enterprise
world and society through technology. performance now highlight
the opportunity to scale new
Increasingly, over the last few years, processes, business-models
CES has become less an exhibition and tech innovations that are
of purely consumer tech devices redefining categories and shaping
and appliances and more a forum new arenas of competition.
for discussing and experiencing the CES has become a new model for
tech-informed view of the near future. the auto industry as the world’s
CES is a hub of innovation largest tech-mobility stage for new
Develop
consumer/customer demands.
Yourself
Finally, the health and safety of
people and the planet will be at the
forefront of new technologies and
innovation to secure a healthier
physical world, with less mental
anxiety and stress. The focus on
education and learning development
as well as self-managed lives
through diagnostics, proactive
interventions and daily therapeutics
will become the norm for living.
+41%
18,206 $m
The brand
view: Kindness
as a strength
→
H
ow do you think people’s
expectations of brands
have shifted in today’s
anxious world?
Adobe has always
had a mission – we
create products that empower
people to change the world.
everyone a platform to
on the frontlines of the COVID crisis.
-11%
9,740 $m
The brand
view: Pivot
to positivity
→
I
t’s an anxious world at the
moment – from Covid-19 to climate
change, political instability to
racial tensions, and #MeToo to
Brexit, there’s a lot to deal with.
How has your brand reacted to
any or all of the above situations?
Founders Bill Hewlett and David
+53%
166,001 $m
The brand
view: Keeping
it simple
→
W
e’re in the middle
of a pandemic
– how has the
world changed
for you
Job #1 for us was
our employees’ safety and job #1A
was making sure our platforms were
employees safely back into offices. would you do it exactly the same?
When the pandemic began, there Or is there something from online
was a whole slew of activity that that you liked and would keep?
happened around employee
safety and business continuity. All of our Microsoft events used to be
in-person. We’ve now moved them all
Then there was the work we did to 100% digital. Our most important
to ensure our customers had the developer event, Microsoft Build,
support they needed to be able used to host six-thousand developers
to respond. If they’re a retailer, we in Seattle. This past year, we hosted
asked ourselves, “How do we enable two-hundred-thousand people
them to do curbside pickup easily online. When we had the conference
and connect their online ordering in Seattle, 60 people from Africa
platform with their inventory, and attended– but when we hosted
then enable that curbside pickup with the event online, thousands of One thing that’s changed is spending more time with the IT leader
mobile phone interaction with the developers from that continent tuned that we have moved away, or and their peers, who might be a sales
customer?” And if they’re a school, in, got tooled up, and were able to we’re trying to move away, from leader, a finance leader, a marketing
how do we enable them to go from participate. Even if we can go back presenting to customers The leader, an HR leader, and the CEO.
being physically together to being to physical, there’s no doubt when Microsoft Solution. We’re spending We’re taking a more comprehensive
100% virtual? The work around we do our events digitally they are far a lot more time exploring with approach to listening to the
Teams for schools worldwide has more inclusive. They’re far broader, customers, and maybe even pushing leadership team to better understand
become mission critical for us so that they reach more people, and they’re customers, to understand their their agenda and obviously that
we can enable educators to keep far cheaper for us to actually do. unique transformation vision. makes us far more effective at
teaching kids. You could go industry- being helpful in empowering
by-industry, and for every one of By helping customers figure We used to ask: How are you them to achieve their goals.
them, our customers needed to build out: “How do we respond, how trying to reinvent your company?
their own crisis response capabilities do we recover, and then how do And now with COVID it’s: How There’s more discovery and
and then build their recovery plan. we reimagine based on what we are you responding? How are envisioning that we do together
learned through recovery?” – that’s you recovering? And how are you compared to 10 years ago and
This massive shift has shown there’s the light bulb that has gone off in reimagining? We’re coming to it more that requires a pretty different
also a really exciting opportunity to our heads as we do it ourselves from a position of trying to better skillset than, “Hey, I’ve got
understand that when you’re forced for our own business, with things understand the customers so that we Windows and Office to sell
to do something in a new way, you like events or filming ads – and can engage with their CEO’s agenda. you for all your employees.”
might actually discover things that then we work with our customers
are even better than the old way. to help them do it as well. For years, we were very focused on What about social issues such
That brings us to the reimagining the IT leader of the company and as Black Lives Matter? Does
phase. What if you could have Has the way in which Microsoft trying to encourage them to buy Microsoft have a way of thinking
all the students back at school – listens to its customers changed? our products. Now we’re actually about that or dealing with that?
Decade of
must be driven by perspective, not immediacy. Join
Possibility with
of 2020’s Best Global Brands. ENGAGEMENT: A SHARED JOURNEY
You may be thinking “how can Map how to inspire your customers to join you on a shared
I leverage the leadership > journey. Map how to foster dialogue, invite cooperation,
engagement > relevance chain to create a following. Imagine your brand’s first iconic move
increase the value of my brand?”. that captures imaginations and solves unmet needs.
Interbrand
You might be interested in deeply
exploring one of the three drivers, RELEVANCE: A SENSE OF BELONGING
or you might want to work with How to mobilize to capture and anticipate the
us to imagine new possibilities. zeitgeist, to create meaning among consumers.
→
How to enrol your customers as active participants,
constituents, not just consumers.
WHAT’S POSSIBLE?
Immerse in Interbrand’s manifesto for the new
decade of possibility. Examine the opportunities for
your organisation to create resilience as we enter a
period of turbulence, discontinuity and possibility.
Contact:
Gonzalo Brujó
Global Chief Growth Officer
Interbrand
gbrujo@interbrand.com
45
Best
Global
Brands
2020
Connect in
the Decade
of Possibility
Leadership
Chris Nurko
Gonzalo Brujó
Andy Payne
Manfredi Ricca
Christian Purser
Daniel Binns
Joe Stubbs
Analysis
Daniel Binns
Andrew Stewart
Andrew Miller
Editorial
Sophie Gaskill
Chris Maillard
Dan Sills
Design
Alessandro Pascoli
Ross Ellis
Grace Cox