South Florida companies Ultimate Software in Weston, Mednax in Sunrise and Opko Health of Miami made Forbes' 2016 list of the 100 "Most Innovative Growth Companies" in the world.
Ultimate Software, which provides software for human resources, ranked No. 8; Opko Health, a pharmaceutical company ranked No. 21; and Mednax, a national physician network, came in at No. 65.
For Ultimate Software, it was the third year in a row ranking in the top 10; Ultimate ranked 7th in 2015 and 8th in 2014. “We remain focused on innovation and growth, consistently investing approximately 20 percent of our annual revenue in research and development and are committed to creating a culture that encourages new ideas,” said Scott Scherr, Ultimate Software’s CEO, president, and founder, in a statement.
To make the list, companies with seven years of public financial data and a total market value of $2 billion to $10 billion were ranked by a formula that includes the company's income and anticipated growth. No. 1 on the list: Rightmove, a London-based residential and commercial property company.