Top 10 IT Companies in the World.
Top 10 IT Companies in the World.
IT sector is one of the booming sector in the world. With information technology now at the center of businesses, the current time is really great for the sector. The market is growing and IT adoption rates are rising every year. New fields like cloud, mobility are leading the services now. All companies are now offering a big spectrum of IT services ranging from conventional IT services to modern technology offerings. The top IT companies in the world have companies like IBM, Accenture, Microsoft followed by companies like TCS, Capgemini and enterprise software giants Oracle & SAP. Cognizant and CSC are also in the list. Here is the list of top 10 IT companies in the world 2016 on the basis of Revenue and Profit.
IBM is one of the biggest of technology and is the largest IT company. IBM is a brand which has stood the tests of time and reinvented itself every time.
Revenue: 72155 Million $
Profit: 11691 Million $
IBM which was once seen as a computer maker only is now an IT services giant. IBM sold its PC business to Lenovo to concentrate on enterprise IT service business but It still manufactures and sells Servers, storage in hardware.
IBM started in 1911 as CTR but over the years it became International Business Machines and eventually just IBM.
Under its IT services it offers :
1. Business Consulting
2. Application Development and Innovation
3. Business Analytics & Strategy
4. Big Data & Analytics and more
It also offers services to all industry verticals like BFSI, Retail, Manufacturing etc. Because of its extensive services and global reach, IBM is the leading IT service provider in the world.
2. Microsoft Corporation
Microsoft is one of the biggest name in the technology companies which revolutionized the way people and businesses used technology.
Revenue: 63055 Million $
Profit: 8156 Million $
With windows and PC revolution Microsoft became a household name because of its Windows software. Microsoft offers lots of software services and products.
Microsoft has also entered enterprise business and competes with likes of Oracle and SAP. With Windows, Office it also offers products like Microsoft Dynamics which is an enterprise software like what Oracle, SAP and Salesforce offer but Dynamics is mainly in areas of CRM and ERP.
It is based in Redmond, Washington. Microsoft is also present in hardware business like Xbox and Lumia phones but for this list we have considered the software and licensing businesses revenue only.
It is also offering its cloud platform to companies under the brand name Azure. It also offers its office and Skype services along with outlook specifically for Businesses which contributes to the enterprise and software revenue. It also is very active in the developer community with Visual Studio and Microsoft SQL Server being top products in the market from many years. Microsoft has services and products in all domains. Microsoft has also come up with Microsoft Consulting services. It offers other business softwares also like Exchange email service, Sharepoint document collaboration solution.
Accenture is a IT giant in terms of numbers and its presence in technology, consulting and outsourcing. Accenture is a relatively a new IT player.
Revenue: 33037 Million $ (Dec-Nov)
Profit: 3250 Million $
It was founded as Andersen Consulting in 1989 and was later renamed to Accenture in 2001. It is not only the third largest in terms of Revenues and Profit but it also has a large number of employees across the globe.
It is headquartered in Ireland. It is one of the most well known brands in the world. The slogan used by company since 2011 is “High Performance. Delivered”. Accenture is divided into 5 businesses
1) Accenture Strategy
2) Accenture Consulting
3) Accenture Digital
4) Accenture Technology
5) Accenture Operations
Accenture provides services in almost all industry verticals namely automotive, banking, finance, retail natural resources, health, media, utilities etc. Pierre Nanterme is the chariman and CEO of the company. Accenture has been a top employer from many years and it is listed on NYSE.
4. Oracle Corporation
Oracle like SAP is a major enterprise software provider in the world. In fact SAP and Oracle are biggest competitors. Oracle is known for its acquisitions.
Revenue: 29037 Million $ (Dec-Nov)
Profit: 9198 Million $
Oracle led by Larry Ellison is not only present in the database and server technologies but is also a giant in Enterprise software(Oracle Apps and now Oracle Fusion). Larry Ellisson who is also one of the founders is currently the Chairman and CTO of the company with Safra Catz serving as the company’s current CEO along with Mark Hurd.
Oracle has a large suite of products in the enterprise market
1) Oracle Applications
2) Oracle Fusion
3) Oracle Fusion Middleware
4) Oracle Database
Oracle is also present in hardware business after acquisition of SUN. in this list we have taken the software/IT business revenues and figures. Oracle is present worldwide with customers in all geographies across the globe. It has more than 135000 employees across the world. Oracle is also quite well known for its acquisitions. It acquired a lot of big companies for growth like SUN, BEA etc. Oracle is headquartered in Redwood Shores, California. Oracle has formed alliances with all major IT companies like SAP to help them integrate and support Oracle software in a better way. Oracle is a big brand and like SAP a lot of IT professionals depend upon Oracle for their career. Oracle offers lot of certifications through various partners.
5. Hewlett Packard Enterprise
Hewlett Packard is one of the biggest and oldest name in technology industry who revolutionized the way people used PCs.
Revenue: 24200 Million $
Profit: 1200 Million $
They also increased their presence in enterprise services, software over the years. HP Enterprise is a recent company which was formed in November 2015 after separating from its parent company HP & Now there are two companies HP Inc and HPE(HP Enterprise).
HP Enterprise offers Servers, Storage, Software and IT services. HP Acquired EDS, a major IT company, to increase its footprint in the IT industry.
As per recent news HP Enterprise and CSC would form a merger to make a new company which would be a major IT player in the market. We have considered IT service and software revenues for the ranking of HPE. HPE is headquartered in Palo Alto, California. HP innovation labs is also part of HPE. Meg Whitman is the president of the group. The company has the slogan Accelerating Next. HPE has more than 100000 employees across the world. The services business of HP was born when HP bought EDS (Electronic Data Systems) in 2008. By 2009 the name of the brand became HP Enterprise Services which was still part of the main Hewlett-Packard. It provides Application services, BPO, Infrastructure Services.
SAP is a major force in the field of enterprise packaged software. SAP is used by many companies across the globe to streamline and benchmark their businesses.
Revenue: 23346 Million $
Profit: 3429 Million $
SAP offers a complete suite for any industry/business starting from Materials Management to Sales and Distribtuion , From Financials(FICO) to Customer Relationship Management(SAP myCRM). Not only is it tailored as per the horizontal but also as per the industry like Manufacturing, High Tech, and Retail etc.
SAP has formed alliances with all major IT companies’ across the world who then provide services to multiple clients who are using SAP for implementation, maintenance services etc. SAP is a German multinational. It offers multiple products in the range of :
2. Content and Collaboration
3. Customer Relationship Management
5. Financial Management
6. Human Capital Management
7. Product Lifecycle Management
8. Supply Chain Management
9. Supplier Relationship Management
SAP is present in 130+ countries and has multiple customers across world. SAP was mainly On Premise system provider but with advent in technology and cloud solutions, SAP has now started to focus on its HANA platform. SAP S4/HANA is newest range of applications for HANA.
7. Tata Consultancy Services (TCS)
Tata Consultancy Services Limited (TCS) is an Indian multinational IT service, consulting and business solutions company Headquartered in Mumbai, Maharashtra, India. It is a subsidiary of the Tata Group and operates in 46 countries.
Revenue: 16238 Million$
Profit: 3719 Million$
TCS has become the world’s third largest employer of people in the technology sector, with over 3 lakh employees.
TCS is business leader in Information Technology, business consulting and outsourcing services ever since it was found in the year 1968. The brand has been a reckoning force in the industry ever since its presence and its strong financial stability can be seen from the fact that it is listed on the NSE, BSE, which are the stock exchanges of India.
The company has a huge brand value and a total of 350,000+ employees are a part of the organization, making it one of the largest global IT companies.
TCS has grown significantly not only in India, but has a global footprint because of its international operations. Some of the main subsidiaries of TCS are:
• CMC Limited
• TCS China
• Computational Research Laboratories
TCS has become a popular brand name among the masses as well as it has constantly found new and innovative ways to market itself as a global IT brand. The brand has been a sponsor of major events like the IPL teams, marathon races etc. This has been a constant feature of the branding team, which has given a lot of positive exposure to the brand TCS.
On the strategic front, the company has strengthened its operations by making acquisitions all over the world in the last few years. These acquisitions not only helped the company grow but also spread its operations widely on a global scale.
Capgemini is a global IT company headquartered in Paris, France. Capgemini is present in 44 countries worldwide. It has a global workforce of 180000.
Revenue: 13370 Million$
Profit: 1242 Million$
Capgemini was founded by Serge Kampf as Sogeti in 1967 & By 1975 with acquisition of CAP and Gemini Computers, the company became Capgemini. Capgemini saw a lot of growth in next few years.
In 2001, Paul Hermelin was appointed as the CEO of the group. Capgemini provides various IT services like
1) Application Development
2) Business Services
4) Infrastructure Management
5) Mobility, Cloud etc
Capgemini serves various industries like Aerospace & Defense, Industrial Products, Automotive, Insurance, Banking & Capital Markets, Life Sciences, Consumer Products, Manufacturing, Oil & Gas, High Tech, Telecom etc. Capgemini was named most ethical company for the fourth year running by Ethisphere. Capgemini recently acquired an major IT company called IGATE which is now completely consolidated into Capgemini Group. IGATE had also acquired PATNI Computers in 2011. This means Capgemini consolidated the companies IGATE, PATNI along with employees.
9. Cognizant Technology Solutions
Cognizant is a leading IT service company and features prominently in top IT companies in the world. Cognizant is headquartered in New Jersey, US.
Revenue: 12416 Million $
Profit: 1623 Million $
Cognizant has a strong workforce of 233000 employees which are located worldwide. Mr Francisco D’Souza is the CEO of the company and he has been instrumental in making Cognizant a gloal force in the IT space.
Cognizant is focusing on the modern technologies like
Gordan Coburn is the President of the company. Cognizant offers solutions in Applications, analytics, business processes, infrastructure services, business consulting, HCM, SCM etc.
Cognizant has risen significantly in India with stronghold in the geography. It has major offices in Chennai, Pune, Bengaluru, NCR and has many indian employees in its 200000+ workforce. It competes with the likes of TCS, Infosys for business. Since past few years it has really become a strong player and a competitor. It has strong alliances with giants like Oracle, SAP, Microsoft, Pega, Salesforce etc.
CSC (Computer Sciences Corporation) is one of the oldest IT companies in the world. It started in 1959 and was founded by Roy Nutt and Fletcher Jones.
Revenue: 10132 Million $
Profit: 395 Million $
As per latest news, CSC will form a merger with HP enterprises and the merger is expected to become a top player in the IT industry when formed. CSC has been a known name in tech industry since long time now.
CSC has global presence. It is present in Americas, Africa, Asia, Europe, Australia and the Middle East. CSC is present in 60+ countries. It has 56000 strong workforce. It serves various industries like
1) Aerospace & Defense
3) Banking & Capital Markets, Insurance
4) Communications, Media & Entertainment
5) Consumer Products
7) Healthcare, Life Sciences
8) Retail etc
It provides various IT services in various horizontals : Application Services, Big Data & Analytics, Cloud Solutions, Consulting, Mobility & Social etc. With its global presence and strong operations, the company is a leading provider in the IT services.
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