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Top 10 IT Companies In The World
Information technology (IT) has been on the driving front and has driven the innovative era. There are big IT companies in the world that
What are the top IT companies in the world? Information technology IT has been on the driving front and has driven the innovative era. There are big IT companies that have taken the wheel for the successful execution of these innovative enterprises.
Information technology (IT) has long been recognized as one of the major driving forces in today’s modern economy, with the top ten IT companies providing some of the best services that power various sectors and businesses worldwide. Information technology (IT) has significantly transformed our daily lives and the way businesses operate over the last several decades.
Top 10 IT Companies In The World
Talking about IT companies in the world is talking about the few wonders that have revolutionized our present world to what we know of it today.
Below is the list of the Top 10 IT companies in the world.
1. Microsoft Corporation
Microsoft is most valuable the largest IT company in the world, and has generated $168 billion in revenue in the fiscal year 2021, an increase of 18% year on year. Operating income increased by 32% to $70 billion.
Microsoft Corporation is an American multinational technology corporation headquartered in Redmond, Washington, that manufactures computer software, consumer electronics, personal computers, and related services.
Microsoft corporation was founded by Bill Gates and Paul Allen in 1975.
Its most well-known software products are the Microsoft Windows operating system, the Microsoft Office suite, and the Internet Explorer, Edge, and Xbox web browsers. In addition, the company develops a wide range of consumer and enterprise software for desktops and servers.
2. IBM
IBM Corporation is an American multinational technology corporation headquartered in Armonk, New York, with operations in over 171 countries.
Charles Ranlett Flint founded the Computing-Tabulating-Recording Company in 1911, which was later renamed “International Business Machines” in 1924. He was known as the “Father of Trusts” due to his financial dealings.
What does IBM do?
IBM produces and sells computer hardware, middleware and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology.
IBM’s annual revenue for 2021 was $57.35 billion, a 3.93 percent increase over the previous year. IBM annual revenue in 2020 was $55.179 billion, a 4.39 percent decrease from 2019. IBM’s annual revenue in 2019 was $57.714 billion, a 27.49 percent decrease from the previous year.
3. Oracle
Oracle Corporation is a multinational computer technology company based in Austin, Texas. The Oracle corporation was the world’s third-largest software company by revenue and market capitalization in 2020.
Larry Ellison, Bob Miner, and Ed Oates founded Oracle on June 16, 1977, 45 years ago in Santa Clara, California, United States.
Oracle’s annual revenue in 2022 was $42.44 billion, a 4.84 percent increase over the previous year. Oracle annual revenue for 2021 was $40.479B, a 3.61 percent increase over the previous year. Oracle’s annual revenue for 2020 was $39.068 billion, a 1.11 percent decrease from the previous year.
4. Accenture
Accenture plc is a Dublin-based Irish-American professional services firm that specializes in information technology services and consulting. It is a Fortune Global 500 company with revenues of $50.53 billion in 2021.
Accenture technology focuses on R&D, technology solution implementation, and technology labs for emerging technologies; Accenture strategy offers technology strategy, business strategy, and operation strategy services. Accenture has over 425,000 employees serving clients in over 120 countries and is known as one of the leading tech companies with the best benefits — maintaining its position as one of the world’s richest and best software companies in 2022.
what do accenture do?
Accenture offers services and solutions in more than 40 industries divided into five industry groups. Accenture’s professionals have a thorough understanding of industry evolution, business issues, and applicable technologies as a result of this industry focus, allowing them to deliver innovative solutions tailored to each client.
The name Accenture derived from “Accent on the future”.
This one of the top IT companies in the world.
5. HP Enterprise
Hewlett Packard Enterprise is one of the world’s leading technology companies, providing IT, technology, and enterprise products, solutions, and services. Their headquartered in Palo Alto, California, develops and sells hardware components, software, and related services to consumers, small and medium-sized businesses (SMBs), and large enterprises, as well as customers in the government, health, and education sectors.
HP Inc. and its subsidiaries (“HP”) reported fiscal 2021 net revenue of $63.5 billion, a 12.1 percent increase (a 10.2 percent increase in constant currency) over the previous year.
HP Software also offers software solutions such as SAAS software as a service, cloud computing services, education, consulting, and support.
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6. SAP
SAP SE is a multinational software and IT corporation headquartered in Germany that specializes in providing enterprise software to manage business operations and customer relations. The SAP company is based in Walldorf, Germany, and has regional offices in 180 countries.
SAP’s current revenue (TTM) is $32.81 billion, according to the company’s most recent financial reports. The company’s revenue in 2021 was $32.35 billion, an increase from $31.72 billion in 2020. The total amount of income generated by a company from the sale of goods or services is referred to as revenue. Unlike earnings, no expenses is deducted.
What does SAP do?
SAP assists businesses of all sizes and industries in operating profitably, adapting continuously, and growing sustainably. The company creates software solutions for small businesses, midsize businesses, and large corporations.
SAP is one of the world’s largest technology companies, has over 335,000 customers in over 180 countries. SAP is leveraging technologies such as machine learning, the Internet of Things, blockchain, cloud, and SAP HANA to solve a wide range of business problems across industries and geographies. They will continue to make a compelling case as one of the world’s top ten IT companies as long as they continue to innovate as a great company pushing the boundaries of technology.
7.Tata Consultancy Services
Tata Consultancy Services is a multinational Indian information technology services and consulting firm headquartered in Mumbai. It is part of the Tata Group and has 149 locations in 46 countries. TCS had 600,000 employees worldwide as of July 2022, according to reports.
Tata Consultancy Services’ (TCS), India’s largest software services exporter, has grown its revenues from $18.5 billion in calendar year 2017 to $25 billion in calendar 2021, while market capitalisation has doubled to $200 billion as of September 2021.
What does Tata Consultancy Services do?
TCS provides consulting-led, cognitive-powered, integrated business, technology, and engineering services and solutions.
Tata consultancy makes the seven spot o the list of top 10 IT companies in the world.
8. Capgemini
Capgemini SE is a multinational French IT services and business consulting firm headquartered in Paris, France. With over 200,000 employees in over 40 countries, it is one of the world’s largest IT consulting, outsourcing, and professional services firms.
On October 1st of that year, Serge Kampf founded Sogeti, the company that would later become the Capgemini Group. Kampf led the Group for 45 years, transforming it from a small company in southeastern France to a global industry leader in IT services.
What does Capgemini do?
Capgemini is the world’s largest provider of consulting, digital transformation, technology, and engineering services. In the evolving world of cloud, digital, and platforms, the Group is at the forefront of innovation to address the full range of client opportunities.
Capgemini develops and implements business, technology, and digital solutions to meet the needs of its global clients, enabling them to achieve innovation and competitiveness.
9. Cognizant
What does Cognizant do?Cognizant is an American multinational information technology services and consulting company. It’s headquarter is in Teaneck, New Jersey, United States.
Cognizant provides IT consulting and business process outsourcing services for industries including banking, health care, manufacturing, media, and entertainment.
Cognizant’s primary businesses include assisting banks in revolutionizing lending by assessing risk using predictive analytics by analyzing a customer’s financial history, using advanced analytics tools to assist banks in better predicting a customer’s creditworthiness and making various informed decisions to lend money to those with lower credit risk, and assisting qualified individuals and businesses in obtaining the desired financing.
10. Infosys
Infosys Limited is a multinational Indian information technology company that specializes in business consulting, information technology, and outsourcing. The company was established in Pune and has its headquarters in Bangalore.
Infosys’ annual revenue in 2022 was $16.311 billion, a 20.28 percent increase over the previous year. Infosys’s annual revenue for 2021 was $13.561 billion, a 6.11 percent increase over the previous year. Infosys’ annual revenue for 2020 was $12.78 billion, an 8.31% increase over 2019.
What does Infosys do?
Infosys is a global leader in next-generation digital services and consulting. They enable clients in more than 50 countries to navigate their digital transformation.
Top 10 IT Companies In The World
Here is quick rundown of the top 10 IT companies in the world;
- Microsoft Corporation
- IBM
- Oracle
- Accenture
- HP Enterprise
- SAP
- Tata Consultancy Services (TCS)
- Capgemini
- Cognizant
- Infosys