Uncategorized Top 10 Best Information Technology (IT) Companies in World 2021
Top IT companies globally are driving innovation around the world. With the growing specialization in automation and technology, there has been a uniform boom as far because the IT sector cares. As per industry reports, 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 simplest software companies within the world.
The list of top IT companies includes Microsoft, IBM, Oracle followed by Accenture, HPE, SAP & other big IT brands. The majority of the IT services happen in the US and Asia, which contribute to one-third of the general global business worldwide. the expansion of the knowledge technology industry within the world is pegged at 4.5-5% as per industry experts. due to the Covid-19 situation, we’ll need to see the way the next fiscal year will pan for the IT sector across the world. the highest IT companies are leading innovation in consulting, outsourcing, technology and services within the world. Here is that the list of the highest 10 IT companies within the world 2021.
Infosys is an Indian MNC that gives IT solutions to its client through business process consulting, software development and business process outsourcing services.
Infosys had around 200000 employees by the top of March 2017 & its headquarter is found in Bengaluru, Karnataka, India. the corporate is additionally known for its high gender diversity because it has around 36% of girls workforce all across the planet.
Infosys is that the second-largest Indian IT company by 2017 revenues and is ranked under the top 10 IT company on the planet in terms of revenue. In June 2017, its market capitalization was around $34 billion. During the fiscal year 2017, Infosys had a forty-five hiring rate and received around 1,290,000 applications from prospective employees who were curious about building their career with Infosys. Its workforce consists of employees from quite 100 different nations.
Out of its total workforce, quite 75% are software professionals, 15-20% are working in its Business process mapping arm and the remaining are engaged for technical support and sales projects. it had been India’s first IT company which was ready to cross annual revenue of US$100 million within the year 2000, US$1 billion in 2004 and US$10.21 billion in 2017. In quarter 3 of the 2017 fiscal year, Infosys was ready to achieve a high rate of growth with net income increased to 38.3%. Hence Infosys is on 10th Rank in Top 10 IT companies within the world.
Revenue: $ 12.7 Billion
Net Income: $2.3 Billion
Capgemini is one of the leading IT companies within the world having a robust global presence.
The French company Capgemini, based out of Paris, has its global operations spread across quite 40 countries. The brand may be a leader in IT services providing consulting, professional services, outsourcing etc, which is driven by quite 190000+ employees globally. Over a previous couple of years, Capgemini is consolidated its position as a number one IT company by acquiring several other players within the industry. to call a couple of, the corporate has acquired iGate, Fahrenheit 212, LiquidHub-US etc within the last few years. of these acquisitions have helped the corporate have more business in IT, technology and strategy domains. Green it’s another business initiative of Capgemini which has put the corporate within the elite company of the highest IT companies within the world. the corporate was formed in 1967 by Serge Kampf and has since then become one of the pioneers within the industry. In India, the corporate has over 100000 employees. With a uniform performance year after year, the corporate has also been recognized by several awards from the likes of Gartner, Forrester, Backbase etc. Capgemini is on 8th Rank in Top IT companies within the world 2020.
Revenue: $ 15.22 Billion
Net Income: $870 Million
Cognizant is one among the leading IT services companies which helps clients’ to rework their existing business, operating and technology models with the rapidly changing digital technology.
Cognizant is consistently ready to maintain its ranking among the foremost admired and fastest-growing companies within the world. The cognizant unique industry-based consulting approach actually helping clients to create more innovative and efficient businesses. it’s its headquarter located in U.S. Cognizant is additionally a member of the Nasdaq and it’s ranked 205 on the Fortune 500 ranking. The revenue of Cognizant is consistently growing and it’s increased from $7.7 Billion to $13.5 billion currently. it’s an employee strength of around 260,000 workforces by 2016. Cognizant is investing aggressively in digital services to reinforce value for stakeholders or shareholders through a high return of capital. Cognizant helps banks revolutionize lending by assessing risk using predictive analytics by analyzing a customer’s financial history. Using advanced analytics tools, they analyze rich borrower data which helps banks to raised predict a customer’s creditworthiness and take various informed decisions to lend money to those that have lower credit risk. It also helps qualified individuals and businesses to urge the specified financing. Cognizant is on 9th Rank in Top IT companies within the world 2020.
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 generates its revenue from various domains.
TCS has many functional domains like consulting, software development, infrastructure support and business process outsourcing and its headquarter is found in Mumbai, India. It comes under the world’s top 10 largest IT services provider by revenue. As of 2017, it’s also been ranked 10th within the Fortune India 500 list. it’s various clients of various sectors like Banking and Financials, commodity and Distribution, Communication, Media & Technology, Energy- Resources and Utilities, Insurance, manufacturing, Life Sciences & Healthcare, Retail, Public services etc. it’s surpassed the Reliance industries by achieving Rs. 6.19 trillion market capitalisation and has become the foremost valued firm in India. TCS is expanding its technology portfolio and is functioning on the newest technologies like AI , Machine learning, the web of things, Cloud Computing and Cyber Security. TCS is on 7th Rank in Top IT companies within the world 2020.
Revenue: $22 Billion
Net Income: $4.4 Billion
6. Hewlett Packard Enterprise
Hewlett Packard Enterprise is one among the leading technology firms that permits its customers to stay robust and upfront to changing environments.
HP is an American multinational company headquartered in California and has its research arm referred to as HP Labs. it had been founded in 1966 aims to deliver new technologies and to make opportunities that help HP to take care of its market share within the current dynamic scenario. HP features a most comprehensive product portfolio and provides its customers with cloud solutions, data centre, workplace applications. They develop technology and services which help their customers to be more IT proficient, more productive and secure across the world . it’s specialized in developing and designing software, data storage, cloud computing.
There are several product lines and services which form the main a part of their total revenue like personal and official computing or printing devices, networking devices like large servers, storage devices, software and it also has several ranges of hardware products like printers etc. HP spends an outsized number of its earnings in marketing its products to many enterprises, households, supply chain retailers, software partners, major technology vendors, SME’s 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 6th Rank in Top IT companies within the world 2020.
Revenue: $29.1 billion
Net Income: $1.05 Billion
SAP has been ready to successfully build its image because the world leader in enterprise applications in terms of software and software-related services.
It has an employee strength of quite 88,000 employees in additional than 130+ countries and supported market capitalisation , SAP is that the world’s third-largest software manufacturer. SAP has quite 380,000 customers in over 170+ countries. SAP features a strong history of technology innovation and it’s always focussed on innovating new technology thanks to which it’s developed 100+ innovation and development centers across the planet . SAP is leveraging technologies like machine learning, the web of things, blockchain, cloud and SAP HANA to unravel various business problems across all industries and regions.
SAP HANA allows companies to integrate processes end to finish and help them in enhancing their business models within the way they really want to make enormous amounts useful for his or her customers. For supply chain and logistics management, SAP was the primary company to create ERP solutions and is usually focused on extending the business processes beyond customer expectations. Through business collaboration and networking they’re ready to achieve massive scale and high market share. the corporate is thinking of migrating 90% of SAP customers to their new platform by 2025. they need to eliminate paper-based processes and redundancy. They also aim to urge a billion users of our cloud solutions and also they need half 1,000,000 businesses of all sizes running SAP software in order that they will defeat complexity and ready to simplify their businesses. SAP is on 5th Rank in Top IT companies within the world 2020.
Revenue: $29.9 Billion
Net Income: $3.67 Billion
Oracle corporation headquarter is found in Redwood Shores California and it’s one among the renowned American MNC.
Oracle has the second-highest revenue within the software industry after Microsoft with an employee base of around 1,35,000. the corporate is widely known for its ERP solutions, database development and management, supply chain management software and Customer relationship management software. Oracle features a wide customer base having quite 400,000 customers across the world and has its presence across a good sort of industries in additional than 150 countries. Oracle is understood for its user-friendly applications and always tries to eliminate the complexities from the applications they build like applications starting from data center operations to cloud applications which may be a road block for business innovation, speed, flexibility, manageability, reliability, security and engineering.
It enables its customers by providing smart solutions that add value to their business also as their users and customers. Oracle has quite 16,000 patents worldwide. the corporate 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 get results. Oracle is additionally developing its capabilities in AI, machine learning, IoT, blockchain, human interface technologies all of which aimed to reinforce customer capabilities in order that they will develop their own innovative products and services. Oracle investment is large in Research and development activities and it had been $6.5 billion dollars within the year 2017. Oracle is on 4th Rank in Top IT companies within the world 2020.
Revenue: $40 Billion
Net Income: $11 Billion
Accenture has been listed in fortune global 500 companies and is one among the most important IT companies.
It is a worldwide management consultancy firm that gives professional services like strategy, consulting, technology and operations services. Accenture started because the business and tech consulting company of an firm which was named Arthur Andersen. within the year 1989, it separated and Andersen consulting adopted its current name Accenture which suggests the accent of the longer term . the corporate features a headcount of quite 400,000 employees worldwide. Accenture has various business units and every one business units have a singular contribution to 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.
Investments by Accenture within the future-
Digital: Accenture has been recognized because the largest provider of digital marketing services.
Cloud: Accenture helps various companies to migrate to the cloud to understand the advantage of increased agility at a lower speed.
Security: For various clients, they’re 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 3rd Rank in Top IT companies within the world 2020.
Revenue: $43.2 Billion
Net Income: $4.85 Billion
International Business Machine (IBM) is an American MNC and is operational in additional than 150 countries.
The company was established originally as a computing recording company but was later renamed IBM (International Business Machines) in 1924. IBM headquarter is present in Armonk, New York, and it’s a various portfolio of software products and services which they’re further expanding to cater to the present 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 number one enterprise for providing cloud services and blockchain leader for the business.
IBM believes in high R&D investment thanks to which the corporate holds the record for many patents generated by the business. IBM has the very best workforce and therefore the company is understood for its employee-friendly schemes just like the company was among the primary corporations to supply group life assurance . IBM is one among the world’s largest employer with nearly around 380,000 employees. Looking ahead, IBM is positioning uniquely to assist clients and users to use AI and data analytics to create smarter businesses. Over the past years, IBM invested aggressively in technology and its people but senior leadership also considering IBM to the position in key high-value segments of the IT industry like AI, blockchain, cloud computing and knowledge security. IBM is on 2nd Rank in Top IT companies within the world 2020.
Revenue: $ 77.1 billion
Net Income: $11.4 Billion
1. Microsoft Corporation
Microsoft Corporation is headquartered in Redmond, Washington, and is one among the most important companies within the world.
The products like Microsoft Windows, Microsoft Office, and Internet Explorer etc are getting used by almost every professional within the world. Microsoft was founded by Gates and Paul Allen on 4, April 1975, and it’s expanded its market share by diversifying its services from the OS 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 taken into account to be the most important acquisition for 26.2 billion dollars in 2016 and also it’s acquired skype technologies for 8.5 billion dollars within the year 2011. there’s a replacement paradigm shift in technology with the rapidly evolving environment and Microsoft is trying to steer this new era as a winner . Looking forward Microsoft is focussing on new innovative technologies like Machine Learning, AI and cloud computing to drive new growth which will help them build their own digital capability and supply robust solutions for various users.
There is an enormous surge within the rate of growth of the gaming industry and Microsoft is investing an enormous amount in $100 billion Gaming industry. they need around half 1,000,000 live member networks of XBOX users. they need Microsoft to be the corporate of gamers to play the games they need , on the device they need and with the people they need . Microsoft Corporation strategically prioritizing its investments to capture the expanding market opportunities. they’re expanding their existing datacentres and that they are bringing Azure to varied regions globally quite the other cloud services provider and with the simplest compliance coverage within the IT industry. Microsoft is on 1st Rank in Top IT companies within the world 2020.
Revenue: $125 billion
Net Income: $39.2 Billion