TIME Magazine is out with its 2023 TIME100 Most Influential Companies list, featuring “a diverse group of businesses helping chart an essential path forward.” The list features five companies that are either headquartered in North Texas or have a strong presence here.
“Since its founding a century ago, TIME has believed individuals play an essential role in shaping the world,” the magazine’s Sam Jacobs writes in an introduction to the list. “That view is strengthened by many of the TIME100 Companies founders and CEOs.”
To create the list, TIME’s editors sought nominations from across sectors and polled their global network of contributors and correspondents, as well as outside experts. Then the magazine evaluated each on factors including impact, innovation, ambition, and success.”
The TIME100 list is arrayed in five categories: Leaders, Disrupters, Innovators, Titans, and Pioneers. And as it happens, five locals made the list. Here they are:
DISRUPTERS
Mark Cuban Cost Plus Drug Co.
“In 2022, Mark Cuban’s online pharmacy Cost Plus Drugs set out to transform the industry by offering medications at their true cost, plus a 15% markup and pharmacy fee,” TIME writes. “That’s a fraction of what many pay at pharmacies, and can save patients hundreds or even thousands of dollars—and Cost Plus continues to expand its offerings.”
Here’s Dallas Innovates on the company’s launch, its growing partnerships, and its drug manufacturing factory, slated to open soon in Dallas’ Deep Ellum neighborhood.
Colossal Biosciences
“It’s been 4,000 years since the woolly mammoth went extinct, but Dallas-based Colossal Biosciences wants to change that,” TIME writes. In addition to seeking to bring back the woolly mammoth via a mammoth-elephant hybrid, Colossal “hopes to work its ‘de-extinction’ magic on other species, including the dodo and the Tasmanian tiger, and threatened species could be saved from extinction by editing more diversity into their genomes, making them more robust,” TIME adds.
Here’s Dallas Innovates on Colossal’s launch, its $1 billion valuation milestone to unicorn status, and how investors as disparate as Paris Hilton and the CIA have helped fund the Texas-based startup.
INNOVATORS
Schneider Electric
“Corporate carbon footprints can be huge, but Schneider Electric’s energy management business works with 40% of the Fortune 500, helping massive clients reduce greenhouse-gas emissions,” TIME writes. “Schneider has also acquired a bevy of software and service providers to help reach its goal of saving clients 800 million tons of CO2 emissions by 2025.”
Last September, Schneider—a France-based global leader in the digital transformation of energy management and automation—appointed Dallas-based Joshua Dickinson (above) as the company’s new SVP and chief financial officer for North America, responsible for all financial operations of the $8 billion region.
TITANS
Lockheed Martin
“Two weapons have proved particularly crucial in Ukraine’s fight against Russia—both made by the largest U.S. defense contractor, which has upped production to fill new orders,” TIME writes. “High Mobility Artillery Rocket System vehicles [above] can fire rockets to hit targets nearly 50 miles away, and the shoulder-mounted antitank Javelin system (jointly produced with Raytheon) allows troops to quickly take cover after firing a guided missile.”
Here’s Dallas Innovates on how Lockheed Martin’s Grand Prairie-based Missiles and Fire Control division is ramping up production of the HIMARS systems, and how Fort Worth-based Lockheed Martin Aeronautics is working to deliver “advanced 21st-century security capabilities across a spectrum of training and combat aircraft.”
Siemens
“At age 175, industrial-technology powerhouse Siemens has its sights on the metaverse,” TIME writes. “Its Xcelerator platform, launched last year, includes digital-twin software to create photorealistic virtual versions of real-world manufacturing facilities. Companies are using Xcelerator to speed up production of electric vehicles, improve battery-cell manufacturing, and reduce factory carbon footprints.”
Here’s Dallas Innovates on the September 2021 launch of Xcelerator as a Service, and how Plano-based Siemens Digital Industries Software and Daimler Truck AG of Germany are collaborating on a state-of-the-art digital engineering platform built using the Xcelerator portfolio of software and services.
You can see the full list of TIME100 Most Influential Companies by going here.
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