Top 10 IT Companies in the World in 2022

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.

2020 and 2021 saw rise in IT investment and growth of software services, products and tools. Technologies like IOT, cloud computing, online security etc. have been the focus areas of the IT services being served to clients across different verticals like BFSI, Manufacturing, Retail, Energy, Telecom etc. by the these top software companies. The commercial use of IT encompasses both computer technology and telephony.

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 Information Technology (IT) sector has been growing since many years and with renewed focus on technology, automation and software, the sector is seeing further growth in 2021-2022. During the pandemic, the focus of many sectors turned to Information Technology companies in order to streamline their systems and processes to enable the remote work, sales, marketing and even manufacturing.

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 2022.

 

Top 10 IT Companies in the world in 2022:

top 10 companies in the world

10. DXC

DXC is an IT services provider which formed when the HPE merged its IT business with CSC.

Found in 2017 as a merger between HPE & CSC, DXC technology has become one of the biggest IT companies in the world. As of today, the company has extensive operations in more than 70 countries worldwide.

DXC is driven by a strong workforce comprising of 138,000+ employees spread globally. The company offers important IT services across the Enterprise Technology Stack to drive businesses of several organizations. DCX is a pioneer in for BPOs, analytics, engineering, apps, security, cloud, IT outsourcing etc. DXC has strengthened its position in the market by several acquisitions as well. Some prominent acquisitions are Tribridge, Molina Medicaid Solutions and Luxsoft. As a part of its marketing strategy, the company is actively involved as a sponsor in sporting events like motorsport & rugby.

Headquarters: Ashburn, Virginia, USA

Revenue: $17.7 billion         Net Income: 3.6 Billion      Number of employees: 138,000

 

9. Cognizant

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.

Company 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 330,000 workforce by 2016. Company is investing aggressively in digital services to enhance value for stakeholders or shareholders through high return of capital. Cognizant was on 10th Rank in Top Information Technology (IT) companies in the world 2021.

Headquarters: Teaneck, New Jersey, U.S‎

Revenue: $ 18.5 Billion        Net Income: $2 Billion        Number of employees: 330,000

 

8. Capgemini

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 300.000+ 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.  Capgemini was on 9th Rank in Top IT companies in the world 2021.

Headquarters: Paris, ‎France

Revenue: $ 20 Billion         Net Income: $1 Billion      Number of employees: 300,000

Top 10 IT Companies

 7. Deloitte Consulting

Deloitte is one of the largest professional services providers in the world with client across the globe with services ranging from management consulting to IT Tech consulting.

The services provided by the company include consulting, audit, tax, financial advisory and enterprise risk. In fact Deloitte refers to the brand under which independent firms across the globe collaborate to provide the above mentioned services. It was also reported to have served the largest number of clients out of FTSE 250 companies in 2012 by Accountancy Age.

Deloitte being one of the biggest management consulting firms has considerable revenue from IT consulting and advisory making it one of the top IT companies in the world as well.

Headquarters: Bangalore, ‎Karnataka‎, ‎India

Revenue:  $ 20.79 Billion         Net Income: NA      Number of employees: 345.000

 

6. 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.  TCS was on 7th Rank in Top 10 Information Technology (IT) companies in the world 2021.

Headquarters: Mumbai, India

Revenue: $25 Billion         Net Income: $5.2 Billion      Number of employees: 528,000

 

5. SAP

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. Company 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. SAP was on 5th Rank in Top IT companies in the world 2021 too.

Headquarters: Walldorf, Germany

Revenue: $32 Billion        Net Income: $5.2 Billion      Number of employees: 85.000

4. Oracle

Oracle corporation headquarter is located in Redwood Shores California and it is one of the renowned American MNC.

OracIe 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. OracIe 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. OracIe 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.  Oracle was on 4th Rank in Top IT companies in the world too.

Headquarters: Austin, ‎Texas‎, ‎United States

Revenue: $40 Billion        Net Income: $15 Billion      Number of employees: 132,000

 

3.  Accenture

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 699,000 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. Company 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. Accenture was on 3rd Rank in Top IT companies in the world in 2021 too.

Headquarters: Dublin, Ireland

Revenue: $51 Billion        Net Income: $5.1 Billion        Number of employees: 699,000

 

2. IBM

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.  Looking ahead, IBM is positioning uniquely to help clients and users to use AI and data analytics to build smarter businesses. Over the past years IBM invested aggressively in technology and its people but senior leadership also considering IBM to position in key high value segments of the IT industry like AI, blockchain, cloud computing and information security.

Headquarters: Armonk, New York‎, ‎United States

Revenue: $ 57 billion         Net Income: 5.7 Billion      Number of employees: 400.000

 

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. Microsoft has been pulling big numbers throughout the years. Microsoft’s financial stats show the company’s annual revenue surpassed $100 billion in 2018, reached $125.84 billion in 2019, and saw a 17% increase from 2020 to 2021.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 focusing 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.

There is a huge surge in the growth rate of gaming industry and Microsoft is investing huge amount in $100 billion Gaming industry.

Headquarters: Redmond, Washington, ‎United States

Revenue: $168 billion        Net Income: $61 Billion        Number of employees: 181.000

Comparing to 2021 List of Top 10 IT companies, InfoSys and HPE (merger!) are out of this year list.

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)

 

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