In the technology industry it is common for the companies to try and use the Brand name of another company to demonstrate credibility of their product/service. Saying you provide services to X company verbally is the easiest thing to do. Getting written approval approval is hard.
Interbrand just released the latest on the most valuable brands and Apple has now beat Coca-Cola.
Apple takes the #1 spot and Google jumps to #2 – the first brands to unseat Coca-Cola in the history of Best Global Brands
NEW YORK, New York (30 September 2013) – For the first time in the history of Interbrand’s Best Global Brands report, there is a new #1 brand: Apple. Interbrand, the world’s leading brand consultancy, publishes Best Global Brands on an annual basis, identifying and examining the top 100 most valuable global brands. With Apple claiming the top position this year, Google jumps to #2 and Coca-Cola, the brand that held the #1 position for 13 consecutive years, moves to #3. This year, the total value of all 100 Best Global Brands is USD $1.5 trillion -- an 8.4 percent record increase over the total value of the 100 Best Global Brands in 2012.
Technology is dominating the fastest growing brands.
2013 TOP RISING BRANDS: Facebook, Google, Prada, Apple, Amazon
Facebook (#52, +43%): As the leading (and only) social media brand to claim a position on this year’s Best Global Brands ranking, Facebook has succeeded in boosting both revenue and earnings per share in the past year—and has surpassed Wall Street's expectations in the process. Facebook also increased its global user base by 26 percent since its IPO over a year ago. Around the world, the brand continues to see an increase in users, with the Asia-Pacific region experiencing the largest growth. Facebook’s mobile users also grew by 51 percent in the past year and mobile ads are poised to account for more than half of the social media giant's advertising dollars. With former Google executive Gary Briggs recently named the company's first CMO and by acquiring companies like Instagram, Facebook’s growth is likely to continue for years to come.
Google (#2, +34%): Due to evolutionary changes to its core offerings (Search, Android, and Gmail) and new innovations like Google Glass and its self-driving car, Google’s brand value increased by 34 percent – making it this year’s #2 brand and the second top rising brand after Facebook. By continuing to move beyond search and by placing big bets on innovation, Google will impact the way its consumers live and behave worldwide – and increase the value of its brand in the process.
Prada (#72, +30%): The iconic Italian luxury fashion brand emerged as Interbrand’s third top riser this year with a brand value increase of 30 percent—just behind top-rising technology brands Facebook and Google. Prada’s increase in brand value reflects the organization’s ability to strike a harmonious (and profitable) balance between honoring its Italian heritage and producing innovative and cutting-edge designs. By effectively intertwining its digital and physical touchpoints and with the Prada Foundation’s support of the art world, Prada has been able to engage with its customers in more meaningful ways – and expand its global footprint in the process.
Apple (#1, +28%): Despite having its reputation tarnished by patent spats with Samsung and the Foxconn labor conditions scandal, the Apple brand proved to be resilient and emerged as not only the leader in this year’s Best Global Brands report, but also a top riser. In addition to being resilient, Apple is also prescient – continually anticipating what consumers will want next. To maintain its #1 position over the next year, Apple will have to slow rival Samsung’s momentum in the mobile market and never lose sight of what it does best: “Think different.”
Amazon (#19, +27%): With a brand value increase of 27 percent, Amazon is a top riser in this year’s Best Global Brands report. The e-commerce innovator continues to differentiate itself from rivals by taking on initiatives such as Amazon Appstore, which provides a comprehensive mobile experience for Google Android devices. Amazon has also expanded into new businesses such as TV-set-top boxes, original programming, 3-D smartphones, the Kindle line of e-book readers, and same-day grocery delivery service. Such initiatives, if successful, could mean Amazon will play an even greater and more holistic role in its consumers’ future retail experiences.
Watch out thinking you can use a brand name without permission. the Brand is worth billions of dollars. And most don't want their brand used in ways that don't increase or preserve its value.
Consider that some of those in the data center industry who reference a big brand may not have current or much business with the brand. If they did, then they would most likely be asked to remove the brand from their presentations.
