Silicon Valley may be home to huge tech companies like Google and Facebook, but the San Francisco metro area isn’t the most innovative city in the world, according to annual rankings compiled by data firm 2thinknow.

Instead, the top spot belongs to Tokyo, Japan, according to the 2018 Innovation Cities Index. This is the first time that an Asian city has claimed the title as world’s most innovative city since 2thinknow first started compiling the annual rankings in 2007.

Of the top 50, the city with the biggest jump in the rankings was Austin, Texas, which moved up 18 spots from 2017 to claim No. 29. Meanwhile, Barcelona dropped to No. 30 in the index, a 17-spot decrease from last year.

Cities are assessed based on 31 segments of their industries and economy, and 162 indicators of innovation. However, the firm’s data analysts compile each city’s index score, out of 60, from three key factors: cultural assets, human infrastructure, and networked markets.

Here is the current ranking of the 50 most innovative cities in the world:

50. Orlando, Florida

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Change from 2017 ranking: +11

Companies that call this city home: AAA, FreeCast, Immune Therapeutics, Solodev

49. Dublin, Ireland

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Change from 2017 ranking: no change

Companies that call this city home: Accenture, Storyful, Zalando, Udemy

48. Moscow, Russia

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Change from 2017 ranking: -5

Companies that call this city home: Yandex, Gazprom, Sistema, Mobile TeleSystems

47. Rome, Italy

Foto: sourceStefano Rellandini/Reuters

Change from 2017 ranking: +4

Companies that call this city home: Telespazio, Leonardo, Enel, e-Geos

46. Helsinki, Finland

Foto: sourceOleksiy Mark / Shutterstock

Change from 2017 ranking: no change

Companies that call this city home: Nokia, Rovio Entertainment, Supercell, Smartly.io

45. Osaka, Japan

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Change from 2017 ranking: +5

Companies that call this city home: Panasonic, Capcom, Sharp Electronics, Sakura Internet

44. Tel Aviv, Israel

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Change from 2017 ranking: -7

Companies that call this city home: Fiverr, Gett, Mindspace, Cortica

43. Oakland, California

Foto: sourceVisit Oakland/Facebook

Change from 2017 ranking: +12

Companies that call this city home: Pandora, VSCO, Ask.com, Kaiser Permanente

42. Hamburg, Germany

Foto: sourceFlickr/Martin de Lusenet

Change from 2017 ranking: -2

Companies that call this city home: Bauer Media Group, Jimdo, mytaxi, Wunder Mobility

41. Portland, Oregon

Foto: sourceJosemaria Toscano/Shutterstock

Change from 2017 ranking: +7

Companies that call this city home: AWS Elemental, Tektronix, InFocus, Nike

40. Milan, Italy

Foto: sourceMichael Chiaravalloti

Change from 2017 ranking: -11

Companies that call this city home: UniCredit, Prysmian, 505 Games, Pirelli

39. Copenhagen, Denmark

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Change from 2017 ranking: -6

Companies that call this city home: Adform, Sitecore, Momondo, SYBO Games

38. Madrid, Spain

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Change from 2017 ranking: -15

Companies that call this city home: Telefonica, OnTruck, Cabify, fintonic

37. Beijing, China

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Change from 2017 ranking: -7

Companies that call this city home: Baidu, Lenovo, Xiaomi, Weibo

36. Oslo, Norway

Foto: sourceMarina_89 / Shutterstock

Change from 2017 ranking: +3

Companies that call this city home: Telenor, Opera Software, Kahoot!, Schibsted Media

35. Shanghai, China

Foto: sourceSumeth anu/Shutterstock

Change from 2017 ranking: -3

Companies that call this city home: Webi English, YI Technology, Motion Global, Clobotics

34. Manchester, United Kingdom

Foto: sourceWilliam McCue / Unsplash

Change from 2017 ranking: +11

Companies that call this city home: AccessPay, LADbible, AO World, Boohoo

33. Dubai, United Arab Emirates

Foto: sourceKamran Jebreili/AP

Change from 2017 ranking: -5

Companies that call this city home: Emirates Airline, Careem, Souq.com, Blink Studios

32. Philadelphia, Pennsylvania

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Change from 2017 ranking: +2

Companies that call this city home: Comcast, Aramark, Lincoln National Corp., Crown Holdings

31. Denver, Colorado

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Change from 2017 ranking: +11

Companies that call this city home: Ibotta, MapQuest, FareHarbor, Catalyst Repository Systems

30. Barcelona, Spain

Foto: sourceFlickr / MorBCN

Change from 2017 ranking: -17

Companies that call this city home: Privalia, Wallapop, Typeform, TravelPerk

29. Austin, Texas

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Change from 2017 ranking: +18

Companies that call this city home: Dell, Indeed, National Instruments, HomeAway

28. Stockholm, Sweden

Foto: sourceFlickr/Pedro Szekely

Change from 2017 ranking: +3

Companies that call this city home: Spotify, Ericsson, King (Candy Crush), NorthStar Group

27. Hong Kong, China

Foto: sourcezhangyuqiu/Shutterstock

Change from 2017 ranking: +8

Companies that call this city home: Yoswit, Klook, GoGoVan, WeLab

26. Miami, Florida

Foto: sourceCourtesy of TripAdvisor

Change from 2017 ranking: no change

Companies that call this city home: Magic Leap, WhereBy.Us, Lennar, CareCloud

25. Vancouver, Canada

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Change from 2017 ranking: -1

Companies that call this city home: Hootsuite, PlentyOfFish, Cognitive3D, BroadbandTV

24. Washington, DC

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Change from 2017 ranking: +3

Companies that call this city home: Lockheed Martin, Appian, HelloWallet, Rosetta Stone

23. San Diego, California

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Change from 2017 ranking: +13

Companies that call this city home: Qualcomm, Brain Corp, Classy, Illumina

22. Montreal, Canada

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Change from 2017 ranking: -3

Companies that call this city home: Element AI, Air Canada, Hopper, Transit

21. Munich, Germany

Foto: sourceShutterstock/Sean Pavone

Change from 2017 ranking: -6

Companies that call this city home: Siemens, BMW, Tado, Allianz

20. Atlanta, Georgia

Foto: sourceSeanPavonePhoto / iStock

Change from 2017 ranking: -2

Companies that call this city home: Aptos, UPS, Bluefin, Cricket Wireless

19. Vienna, Austria

Foto: sourceVitalyEdush / iStock

Change from 2017 ranking: -9

Companies that call this city home: TourRadar, Kompany, Tricentis, Robo Wunderkind

18. Amsterdam, Netherlands

Foto: sourceShutterstock/photo.ua

Change from 2017 ranking: -6

Companies that call this city home: Booking.com, Philips, TomTom, BTC.com

17. Houston, Texas

Foto: sourceSean Pavone/Shutterstock

Change from 2017 ranking: +5

Companies that call this city home: Citgo, cPanel, FlightAware, Sysco

16. Melbourne, Australia

Foto: sourceShutterstock

Change from 2017 ranking: +9

Companies that call this city home: Redbubble, Telstra, Catapult Sports, CSL Limited

15. Seattle, Washington

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Change from 2017 ranking: +6

Companies that call this city home: Amazon, Zillow, Qualtrics, Rover

14. Berlin, Germany

Foto: sourcecanadastock/Shutterstock

Change from 2017 ranking: +3

Companies that call this city home: SoundCloud, HelloFresh, Babbel, Zalando

13. Dallas-Fort Worth, Texas

Foto: sourceSean Pavone/iStock

Change from 2017 ranking: +3

Companies that call this city home: AT&T, American Airlines, Texas Instruments, Energy Transfer Equity

12. Seoul, South Korea

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Change from 2017 ranking: -1

Companies that call this city home: Samsung, Hyundai Motor, LG Electronics, SK Holdings

11. Chicago, Illinois

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Change from 2017 ranking: +9

Companies that call this city home: Grubhub, Boeing, Groupon, Motorola Mobility

10. Sydney, Australia

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Change from 2017 ranking: +4

Companies that call this city home: Canva, Atlassian, Zip Money, Nuix

9. Paris, France

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Change from 2017 ranking: no change

Companies that call this city home: Orange Communications, Deezer, Thales Group, DailyMotion

8. Toronto, Canada

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Change from 2017 ranking: no change

Companies that call this city home: Wealthsimple, InterAxon, Wattpad, The Stars Group

7. Boston, Massachusetts

Foto: sourceSongquan Deng/Shutterstock

Change from 2017 ranking: -2

Companies that call this city home: General Electric, HubSpot, Bain Capital, Boston Dynamics

6. Singapore, Singapore

Foto: sourceChris McGrath/Getty Images

Change from 2017 ranking: +1

Companies that call this city home: DBS Bank, Singtel, CapitaLand Limited, Flex

5. Los Angeles, California

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Change from 2017 ranking: +1

Companies that call this city home: Snap Inc., SpaceX, Riot Games, Hulu

4. New York, New York

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Change from 2017 ranking: -2

Companies that call this city home: WeWork, Verizon, IBM Watson, Citigroup

3. Silicon Valley (San Francisco-San Jose), California

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Change from 2017 ranking: +1

Companies that call this city home: Apple, Google (Alphabet), Facebook, HP, Intel, Netflix, Tesla

2. London, United Kingdom

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Change from 2017 ranking: -1

Companies that call this city home: Barclays, TransferWise, BP, ASOS.com, Monzo

1. Tokyo, Japan

Foto: sourceShutterstock

Change from 2017 ranking: +2

Companies that call this city home: SoftBank, Hitachi, Toshiba, Sony Corporation, Mitsubishi

In a news release announcing the 2018 rankings, 2thinknow’s director Christopher Hire credited Tokyo’s “support of new technologies” in raising the city to the top of the 2018 rankings.

“They showed clear direction by embracing smart technology change to lead innovation, and leadership in what we have identified as the twin long-term globe shaking trends of robotics and 3D manufacturing,” Hire said.