Top IT companies globally are driving the innovation around the
world. With the growing focus on automation and technology, there has
been a consistent boom as far as the IT sector is concerned. As per
industry reports, the worldwide information technology spending is
pegged at over $4.5 trillion worldwide. Things like IOT, cloud
computing, privacy, online security etc are the IT services being served
to clients by the best software companies in the world.
The list
of top IT companies include Microsoft, IBM, Oracle followed by
Accenture, HPE, SAP & other big IT brands. Majority of the IT
services happen in US and Asia, which contribute to one-third of the
overall global business worldwide. 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 2020. For More details about rankings and parameters on these Top IT companies globally in 2020, read on the article.
Top IT Companies with Ranking Parameter (Revenue):
10. Infosys
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.
Out of its
total workforce, more than 75% are software professionals, 15-20% are
working in its Business process mapping arm and remaining are engaged
for technical support and sales projects. It was the India’s first IT
company which was able to cross annual revenue of US$100 million in the
year 2000, US$1 billion in 2004 and US$10.21 billion in 2017. Quarter 3
of 2017 financial year, Infosys were able to achieve high growth rate
with net profit increased to 38.3%. Hence Infosys is on 10th Rank in Top
10 IT companies in the world.
Revenue: US $10.21 Billion
Profit: 21.9% of its revenue
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.
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.
Cognizant is helping banks revolutionize lending by assessing risk using
predictive analytics by analysing customer’s financial history. Using
advanced analytics tools, they analyse rich borrower data which helps
banks to better predict a customer’s creditworthiness and take various
informed decisions to lend money to those who have lower credit risk. It
also help qualified individuals and businesses to get the desired
financing. Cognizant is on 9th Rank in Top IT companies in the world
2018.
Revenue: $ 14.81 Billion
Profit: 10.2% of its Revenue
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 190000+ employee globally. Over the
last few year, Capgemini is consolidated its position as a leading IT
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. The
company was formed in 1967 by Serge Kampf and has since then become one
of the pioneers in the industry. In India, itself the company has over
100000 employees. With a consistent performance year after year the
company has also been recognized by several awards from the likes of
Gartner, Forrester, Backbase etc. Capgemini is on 8th Rank in Top IT
companies in the world 2018.
Revenue: $ 15.73 Billion
Profit: 6.4% of its Revenue
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 largest IT services provider 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. It has surpassed Reliance industries by
achieving Rs. 6.19 trillion market capitalization and has become the
most valued firm of India. TCS is expanding its technology portfolio and
is working on latest technologies like Artificial Intelligence, Machine
learning, Internet of things, Cloud Computing and Cyber Security. TCS
is on 7th Rank in Top IT companies in the world 2018.
Revenue: $17.57 Billion
Profit: 22.3 % of its revenue
6. 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.
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. The
company is thinking of migrating their 90% of SAP customers to their new
platform by 2025. They want to eliminate paper-based processes and
redundancy. They also aim to get a billion users of our cloud solutions
and also they want half a million businesses of all sizes running SAP
software so that they can defeat complexity and able to simplify their
businesses. SAP is on 6th Rank in Top IT companies in the world 2018.
Revenue: $28.86 Billion
Profit: 28.9% of its Revenue
5. 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. HP spends large amount of its earning in marketing
its products to several enterprises, households, supply chain retailers,
software partners, major technology vendors, SME’s through offline or
via online medium. HP Software also provides software solutions like
SAAS software as a service, cloud computing services, including
education, consulting, support etc. HPE is on 5th Rank in Top IT
companies in the world 2018.
Revenue: $12.8 billion
Profit: 1.38% of its revenue
4. Accenture
Accenture has been listed in fortune global 500 companies and is one of the largest IT 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
focusses on research and development, technology solution
implementation, technology labs for emerging technologies. Accenture
strategy provides technology strategy services, business strategy and
operation strategy services.
Investments by Accenture in the future-
Digital: Accenture has been recgonised as largest provider of digital marketing services.
Cloud: Accenture is helping various companies to migrate to the cloud
to realize the benefit of increased agility at lower speed.
Security: For various clients they are providing enhanced
capabilities for advanced security and increased productivity. In 2017
their investment has almost been double in acquisition to become more
relevant and grow continuously through inorganic and strategic
acquisition. Accenture is on 4th Rank in Top IT companies in the world
2018.
Revenue: $34.90 Billion
Profit: 13.3% of its revenue
3. Oracle
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.
It enable its customers by providing smart solutions which add value
to their business as well as their users and customers. Oracle has more
than 16,000 patents worldwide. The company is focussing majorly on
building intelligent cloud applications, integrated cloud platform, open
source platform for developers, ERP solutions and analytical tools
which use machine learning algorithms to generate results. Oracle is
also developing its capabilities in AI, machine learning, IOT,
blockchain, human interface technologies all of which aimed to enhance
customer capabilities so that they can develop their own innovative
products and services. Oracle investment is huge in Research and
development activities and it was $6.5 billion dollars in the year
2017. Oracle is on 3rd Rank in Top IT companies in the world 2018.
Revenue: $37.73 Billion
Profit: 24.8% of its revenue
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. During 2017 they successfully strengthened their position as a
leading enterprise for providing cloud services and block chain leader
for the business.
IBM believes in high R&D investment due to which company holds
the record for most patents generated by business. IBM has the highest
workforce and company is known for its employee friendly schemes like
the company was among the first corporations to provide group life
insurance. IBM is one of the world’s largest employer with nearly around
380,000 employees. 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. IBM is on 2nd Rank in Top IT
companies in the world 2018.
Revenue: $ 79.14 billion
Profit: 45.8% of its Revenue
1. Microsoft Corporation
Microsoft Corporation is headquartered in Redmond, Washington, and is one of the largest companies in the world.
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.
There is a huge surge in the growth rate of gaming industry and
Microsoft is investing huge amount in $100 billion Gaming industry. They
have around half million live member network of XBOX users. They want
Microsoft to be the company of gamers to play the games they want, on
the device they want and with the people they want. Microsoft
Corporation strategically prioritizing their investments to capture the
expanding markets opportunities. They are expanding their existing
datacentres and they are bringing Azure to various regions globally more
than any other cloud services provider and with the best compliance
coverage in the IT industry. Microsoft is on 1st Rank in Top IT
companies in the world 2018.
Revenue: $53 billion
Profit: 31% of its revenue
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