Majority of the IT services happen in US and Asia, which contribute to one-third of the overall global business worldwide. The list of Top 10 IT Companies companies include Microsoft, IBM, Oracle followed by Accenture, HPE, SAP & other big IT brands.
Information technology (IT) is the use of any computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data. …
The commercial use of IT encompasses both computer technology and telephony.
The growth of the information technology industry in the world is pegged at 4.5-5% as per industry experts. The top it companies are leading innovation in consulting, outsourcing, technology and services in the world. Here is the list of the top 10 IT companies in the world 2019.
Top 10 IT Companies: top 10 companies in the world
Infosys is an Indian MNC that provides IT solution to its client through business process consulting, software development and business process outsourcing services.
Infosys had around 200000 employees by the end of March 2017 & its headquarter is located in Bengaluru, Karnataka, India. The company is also known for its high gender diversity as it has around 36% of women workforce all across the world.
Infosys is the second largest Indian Information technology company by 2017 revenues and is ranked under Top 10 IT Companies of the world in terms of revenue. On June 2017, its market capitalisation was around $34 billion. During financial year 2017, Infosys had a 4% hiring rate and received around 1,290,000 applications from prospective employees who were interested in building their career with Infosys. Its workforce consists of employees from more than 100 different nations.
Revenue: $ 12.7 Billion Net Income: $2.3 Billion
Capgemini is one of the leading IT companies in the world having a strong global presence.
The French company Capgemini, based out of Paris, has its global operations spread across more than 40 countries. The brand is a leader in IT services providing consulting, professional services, outsourcing etc, which is driven by more than 190000+ employee globally. Over the last few year, Capgemini is consolidated its position as a leading Information technology company by acquiring several other players in the industry. To name a few, the company has acquired iGate, Fahrenheit 212, LiquidHub-US etc in the last couple to years. All these acquisitions have helped the company have more business in IT, technology and strategy domains. Green IT is another business initiative of Capgemini which has put the company in the elite company of the top IT companies in the world.
Revenue: $ 15.22 Billion Net Income: $870 Million
Cognizant is one of the leading IT services companies which is helping clients’ to transform their existing business, operating and technology models with the rapidly changing digital technology.
Cognizant is consistently able to maintain its ranking among the most admired and fastest growing companies in the world. Cognizant unique industry based consulting approach actually helping client to build more innovative and efficient businesses. It has its headquarter located in U.S. Cognizant is also the member of the Nasdaq and it is ranked 205 on the Fortune 500 ranking.
The revenue of Cognizant is consistently growing and it has increased from $7.7 Billion to $13.5 billion currently. It has an employee strength of around 260,000 workforce by 2016. Cognizant is investing aggressively in digital services to enhance value for stakeholders or shareholders through high return of capital.
Revenue: $ 16.8 Billion Net Income: $1.8 Billion
7. Tata Consultancy Services (TCS)
Tata Consultancy Services (TCS) has been ranked as no. 1 Indian Multinational IT firm which generate its revenue from various domains.
TCS has many functional domains like consulting, software development, infrastructure support and business process outsourcing and its headquarter is located in Mumbai, India. It comes under the world’s Top 10 IT Companies by revenue. As of 2017, it has also been ranked 10th in the Fortune India 500 list. It has various clients of different sectors like Banking and Financials, Consumer Goods and Distribution, Communication, Media & Technology, Energy- Resources and Utilities, Insurance, manufacturing, Life Sciences & Healthcare, Retail, Public services etc.
Revenue: $22 Billion Net Income: $4.4 Billion
6. Hewlett Packard Enterprise
Hewlett Packard Enterprise is one of the leading technology firm that enable its customers to remain robust and upfront to changing environment.
HP is an American multinational company headquartered in California and has its research arm known as HP Labs. It was founded in 1966 aims to deliver new technologies and to create opportunities which helps HP to maintain its market share in the current dynamic scenario. HP has a most comprehensive product portfolio and provide its customers cloud solutions, data centre, workplace applications. They develop technology and services which help its customers to be more IT proficient, more productive and secure across the globe. It is specialized in developing and designing software, data storage, cloud computing.
There are several product lines and services which forms the major part of their total revenue such as personal and official computing or printing devices, networking devices like large servers, storage devices, software and it also has several range of hardware products like printers etc.
Revenue: $29.1 billion Net Income: $1.05 Billion
SAP has been able to successfully build its image as world leader in enterprise applications in terms of software and software related services.
It has an employee strength of more than 88,000 employees in more than 130+ countries and based on market capitalization, SAP is world’s third largest software manufacturer. SAP has more than 380,000 customers in over 170+ countries. SAP has strong history of technology innovation and it has always focussed on innovating new technology due to which it has developed 100+ innovation and development centre across the world. SAP is leveraging technologies like machine learning, Internet of things, blockchain, cloud and SAP HANA to solve various business problems across all industries and regions.
SAP HANA allows companies to integrate processes end to end and help them in enhance their business models in the way they actually want to create enormous amounts of value for its customers. For supply chain and logistics management, SAP was the first company to build ERP solutions and it always focussed on extending the business processes beyond the customer expectations. Through business collaboration and networking they are able to achieve massive scale and high market share.
Revenue: $29.9 Billion Net Income: $3.67 Billion
Oracle corporation headquarter is located in Redwood Shores California and it is one of the renowned American MNC.
Oracle has second highest revenue in software industry after Microsoft with an employee base of around 1,35,000. The company is widely known for its ERP solutions, database development and management, supply chain management software and Customer relationship management software. Oracle has a wide customer base having more than 400,000 customers across the globe and has their presence across wide variety of industries in more than 150 countries. Oracle is known for its user friendly applications and always try to eliminate the complexities from the applications they build like applications ranging from data centre operations to cloud applications which can be road block for business innovation, speed, flexibility, manageability, reliability, security and engineering.
Revenue: $40 Billion Net Income: $11 Billion
Accenture has been listed in fortune global 500 companies and is one of the largest Information Technology companies.
It is a global management consultancy firm which provides professional services like strategy, consulting, technology and operations services. Accenture started as the business and tech consulting firm of accounting firm which was named as Arthur Andersen. In the year 1989, it separated and Andersen consulting adopted its current name Accenture which means accent of the future. The company has a head count of more than 400,000 employees worldwide. Accenture has various business units and all business units have unique contribution in Accenture’s overall revenue generation. Accenture consulting provides mobility services and digital marketing analytics. Accenture technology focuses on research and development, technology solution implementation, technology labs for emerging technologies. Accenture strategy provides technology strategy services, business strategy and operation strategy services.
Revenue: $40 Billion Net Income: $11 Billion
International Business Machine (IBM) is an American MNC and is operational in more than 150 countries.
The company was established originally as computing recording company but was later renamed as IBM (International Business Machines) in 1924. IBM headquarter is present in Armonk, New York, and it has a diverse portfolio of software products and services which they are further expanding to cater the current growing needs of existing and new users. Major areas from where it earns its revenue are cloud computing, cognitive computing, data analytics and Internet of things, IT infrastructure and security. IBM’s revenue is growing at a double digit rate. During 2017 they successfully strengthened their position as a leading enterprise for providing cloud services and block chain leader for the business.
Revenue: $ 77.1 billion Net Income: $11.4 Billion
1. Microsoft Corporation
Microsoft Corporation is headquartered in Redmond, Washington, and is one of the largest companies in the world and lead a list of Top 10 IT Companies.
The products like Microsoft Windows, Microsoft Office, and Internet Explorer etc is being used by almost by almost every professional in the world. Microsoft was founded by Bill Gates and Paul Allen on 4, April, 1975, and it has expanded its market share by diversifying its services from operating system market to other various software products. It also took advantage of inorganic growth i.e. improve its revenue by acquiring no. of companies. Lastly Microsoft has acquired Linkedin which is considered to be largest acquisition for 26.2 billion dollars in 2016 and also it has acquired skype technologies for 8.5 billion dollars in the year 2011. There is a new paradigm shift in technology with the rapidly evolving environment and Microsoft is trying to lead this new era as a front runner. Looking forward Microsoft is focussing on new innovative technologies like Machine Learning, AI and cloud computing to drive new growth that can help them building their own digital capability and provide robust solutions for various users.
Revenue: $125 billion Net Income: $39.2 Billion
Ranking Methodology for Top 10 IT Companies:
1. The top 15 IT companies in the world are considered
2. Parameters like revenues and profit margins are taken
3. Based on the revenues, the final ranking is created. (via MBA skool)