By: John Pletz
Follow the bouncing ball of innovation in Chicago and you'll find companies that were investing heavily in artificial intelligence long before most of us typed our first ChatGPT prompts.
Others are using vast amounts of data to reinvent sports and trucking. There also are innovators tackling new challenges we'll encounter in a world filling up with electric vehicles, as well as entrepreneurs who have come up with new ways to make old products better.
Our Most Innovative Companies list is based on an evaluation of the patents awarded to Chicago companies in 2022, as assessed by Ocean Tomo, an advisory, investment-banking and consulting firm specializing in intellectual property.
Ocean Tomo, which is part of J.S. Held, averages the scores of the individual patents received by each company. To qualify, a company must have been awarded at least three patents.