Great Companies start because the Founders want to Change the World, not make a Fast Buck
– Guy Kawasaki
Information Technology is one of the industries that has a rapid growth rate. Shortly referred to as IT, it is an industry that is a driving force behind several economies in today’s world. The USA, south Asia and parts of Europe have emerged to be the hubs of innovation in IT.
For those who are unaware, Information Technology is the use of computers, networking, storage and other infrastructure to deal with electronic data. IT companies provide services related to cloud computing, IoT solutions, cybersecurity, data management among others.
As IT has several attractive opportunities, it makes sense to be aware of the top IT companies in the world today. Here are the seven most powerful IT companies in 2021.
Keeping you updated with latest technology trends
Follow DataFlair on Google News
Topmost IT companies in the world
1. Microsoft
For most of us, a life without Windows OS or MS Office would be unthinkable!
Microsoft Corporation is an American MNC headquartered in Washington. It was founded by Bill Gates and Paul Allen in 1975. Initially, it made its entry into the operating system market and gradually diversified the services.
Microsoft’s products and services are predominantly in use in all parts of the world. The Windows OS, the Microsoft Office Suite, the web browsers Internet Explorer and Edge are some of Microsoft’s best known products. With an estimated market value of $789.25 billion, Microsoft takes the number one spot in the list.
2. IBM
International Business Machines or IBM is an American MNC with its headquarters in New York. What initially started as the Computing Tabulating Recording company in 1911, was rechristened IBM in 1924.
IBM has a wide global presence with centres in over 170 countries. With over 400,000 employees working in these 170 centres around the world, IBM also happens to be one of the largest employers in the world.
IBM has made strides in IT, and has left no branch untouched – IT infrastructure and security, data analytics, IoT, cloud computing and cognitive computing are some of the areas through which IBM earns its revenue.
Historically, IBM is known to have employee-friendly policies. It is appreciated for its inclusive work culture and environment.
3. Oracle
With a massive revenue of $40 billion, Oracle generates the second highest amount of revenue, only behind Microsoft. Like the other top two companies, Oracle too is an American-based IT company that is at the forefront of innovation.
Oracle specialises in services concerning database management, ERP and CRM solutions and cloud systems. Oracle is popular for developing user-friendly applications.
Thus, it is not a surprise that the company has a whopping 400,000+ customers around the world.
4. Accenture
Compared to the companies listed above, Accenture is a fairly new company. The Irish company entered the fray in 1989; but quickly grew enough to find a Fortune500 listing.
The top services that Accenture provides include business consulting, mobility services and digital marketing analytics.
Accenture has several business units – each of which is equally essential for the revenue of the company. It has over 400,000 employees working in more than 120 countries across the globe.
Accenture is one of the pioneers when it comes to adapting to new technology. It even has dedicated labs for R&D of emerging technologies.
5. SAP
Headquartered in Walldorf, SAP is a German company with offices operating in more than 180 countries. SAP has always been known as a firm that associates itself with innovations in technology.
Thus, when machine learning, cloud, IoT and blockchain started picking up momentum, SAP was quick to join the other top IT companies in implementing these technologies to solve business problems.
SAP’s support for research and innovation can be seen in the 100+ innovation centres that it has built across several countries. With an 88,000-member strong workforce servicing over 380,000 customers worldwide, SAP is undoubtedly a top IT company.
6. HP
Hewlett Packard Enterprise, shortly known as HP, is one of the leading IT firms in the world. Since its inception in 1966, the American multinational company has the primary aim of delivering new technologies.
Headquartered in California, HP specializes in both hardware and software-related products and services. The company is also known for its cloud solutions and workplace applications.
HP Labs is HP’s very own research wing. Its hardware products majorly contribute to its massive revenue of $29.1 billion.
7. TCS
The only Indian-based IT company to make it to this list – TCS, has its headquarters in Mumbai. A subsidiary of the TATA group, it is a business solutions and consulting company with active operations in almost 46 countries.
TCS has clients from a wide variety of sectors – banking, media, consumer goods, healthcare, communication, energy and so on. In 2020, TCS was ranked 8th in the list of Fortune500 companies.
Summary
The IT companies that have time and again emerged at the top have a lot in common. The zeal to innovate, the undying passion to come up with solutions and above all the willingness to accept and adapt to change.
Information Technology is a rapidly evolving field. Thus, there is a need to be comfortable with unlearning and relearning concepts. Companies that work with this motto are sure to reach the top.