IT is one of the most important economic drivers of the 21st century, as the top 10, IT companies power industries and businesses worldwide. Information technology (IT) has significantly altered our daily lives and business practices over the past few decades.
The global IT industry is expected to grow as new technologies and innovations emerge. Microsoft, IBM, HP Enterprise, and Oracle are expected soon to maintain their leadership positions in the software industry and achieve even greater success.
Top 10 IT Companies in the World 2022
1. Microsoft
Bill Gates and Paul Allen founded Microsoft on April 4, 1975. Since then, it has increased its market share by diversifying its software offerings beyond the operating system industry. It also benefited from inorganic growth, increasing its revenue by acquiring multiple businesses. Microsoft paid $26.2 billion for Linkedin in 2011, the largest acquisition ever, and $8.5 billion for Skype Technologies in the same year.
A new technological paradigm shift has occurred due to the environment’s rapid transformation, and Microsoft aims to be a leader in this new era. Microsoft will focus on machine learning, AI, and cloud computing to drive growth, develop digital capability, and offer reliable solutions.
In the past decade, Microsoft has undergone significant modernization. Microsoft has consolidated IT software and services with Microsoft Dynamics and Microsoft Customer Relationship Management. Additionally, they have begun to offer services and collaboration via apps, teams, and SharePoint.
The growth rate of the gaming industry has accelerated, and Microsoft is investing heavily in the $100 billion gaming market. They have a live network of approximately 500,000 XBOX users at present. They desire Microsoft to be the gaming company that allows them to play their preferred games on their preferred devices and with their preferred players.
Microsoft prioritizes its investments strategically to capitalize on opportunities in emerging markets. Microsoft is expanding its data centers faster than any other cloud service provider. It does so with the most comprehensive compliance coverage in the IT industry. Microsoft is the world’s top information technology (IT) company as of 2021.
2. IBM
Name to IBM in 1924. (International Business Machines). IBM’s headquarters are located in Armonk, New York. The company offers a wide variety of software products and services that are continually expanding to meet the expanding needs of current and prospective customers.
The revenue generated by cloud computing, cognitive computing, data analytics, the internet of things, IT infrastructure, and security is substantial. IBM’s revenue is expanding by double digits. In 2017, it strengthened its position as the industry’s leading cloud services and blockchain technology provider.
IBM has the largest workforce and is known for its employee-friendly initiatives, including being one of the first companies to offer group life insurance. IBM is one of the world’s largest employers, employing nearly 380,000 individuals worldwide. IBM will, in the future, be uniquely positioned to assist clients and users in leveraging AI and data analytics to build more innovative businesses.
IBM’s senior management has considered focusing on AI, blockchain, and cloud computing. In recent years, IBM has made substantial investments in technology and its workforce. In 2021, IBM will be ranked second among the World’s Leading IT Companies.
3. Oracle
With approximately 135,000 employees, Oracle ranks second in the software industry in terms of revenue, trailing only Microsoft. So the company’s supply chain management software, customer relationship management software, database development and management, and enterprise resource planning (ERP) solutions are widely recognized.
Oracle is present in over 150 countries and a vast array of industries. Its products are utilized by over 400,000 people worldwide. So Oracle is renowned for its user-friendly software. It removes complexity from applications like cloud computing and data center operations software, which can impede business innovation, speed, flexibility, manageability, reliability, security, and engineering.
It empowers its clients by providing advantageous solutions for their businesses, users, and customers. Oracle holds more than 16,000 patents globally. So the company creates analytical tools using machine learning algorithms, integrated cloud platforms, open source developer platforms, intelligent cloud applications, and ERP solutions.
Oracle is expanding its AI, machine learning, IoT, blockchain, and human interface technologies to help customers create cutting-edge products and services. Oracle spent $6.5 billion in 2017 on research and development, a significant investment. Oracle is the fourth largest IT company in the world.
4. Accenture
Accenture is a leading provider of strategy, consulting, digital, technology, and operations services. So It is a multinational management consulting and professional services company. Founded in 2009 in Dublin, Ireland. Accenture has multiple business divisions, including Accenture Consulting, which offers mobility services and digital marketing analytics; Accenture Technology, which focuses on research and development; Accenture Technology Labs for
and Accenture Strategy, which offers services for technology, business, and operational strategies. So Accenture is one of the best-benefitting technology companies, employing over 425,000 people in over 120 countries to serve clients. Therefore, It expects to remain one of the world’s richest and best software companies in 2020.
5. HP Enterprise
Hewlett Packard Enterprise provides IT, technology, and enterprise products, solutions, and services. So the Palo Alto, California-based company HP develops and sells hardware components, software, and related services to consumers, small and medium-sized businesses (SMBs), large corporations, and clients in the public sector, healthcare, and education.
HP software as a service (SAAS), cloud computing, training, consulting, and support is also offered by HP Software. Due to its strong market performance, HP is anticipated to remain among the top ten IT companies in the world for the foreseeable future.
6. SAP
SAP is the third-largest software manufacturer in the world based on market capitalization, with over 88,000 employees in over 130 countries. Over 380,000 individuals utilize SAP in more than 170 countries. As a result of its long history of technological innovation and constant focus on developing new technology, SAP has established over 100 innovation and development centers around the world. SAP employs blockchain, cloud, SAP HANA, and other technologies to address various business challenges across industries and geographies.
SAP HANA enables businesses to integrate their business processes fully and assists them in enhancing their business models to generate immense client value. SAP was the first company to develop ERP solutions for supply chain and logistics management. It has prioritized customer needs over business needs throughout its history.
They have achieved enormous scale and a sizeable market share due to business networking and collaboration. So by 2025, the company plans to migrate 90 percent of its SAP customers to its new platform.
They wish to eliminate paper-based and redundant procedures. Additionally, they desire a billion users of our cloud solutions and the adoption of SAP software by 500,000 businesses of all sizes to combat complexity and streamline operations. So In 2021, SAP will rank fifth among the Top IT Companies in the world.
7. Tata Consultancy Services
Tata Consultancy Services Limited (TCS) is an Indian multinational IT services, consulting, and business solutions provider with headquarters in Mumbai, India. It is a subsidiary of the Tata Group that operates in 46 countries. Consulting, software development, infrastructure support, and business process outsourcing are some of the IT services in which TCS is a leader. So TCS is one of the largest IT companies in the world.
Therefore, TCS, one of the top ten software companies in India, is expanding rapidly with the aid of cutting-edge technologies including artificial intelligence, machine learning, the internet of things, cloud computing, and cybersecurity consulting services.
8. Capgemini
Capgemini SE is a French multinational company headquartered in Paris that offers business consulting and information technology services. So with over 200,000 employees across 40 countries, it is one of the largest global providers of professional services, outsourcing, and IT consulting. So Capgemini develops and implements customized business, technology, and digital solutions for its global clients, making them more innovative and competitive.
9. Cognizant
Cognizant is an American multinational corporation that offers services in the field of information technology, including digital, technology, consulting, and operations. Its U.S. headquarters are located in Teaneck, New Jersey. By analyzing customers’ financial histories and using advanced analytics to predict creditworthiness, cognizant’s core businesses help banks revolutionize lending. Therefore, Cognizant, one of the leading software companies is anticipating the United States to continue to lead in the future.
10. Infosys
The Indian multinational corporation Infosys Limited provides outsourcing, business consulting, and information technology services. So it has its corporate headquarters in Bengaluru, Karnataka, India. Infosys is the second-largest IT company in India and one of the top ten worldwide.
It offers businesses in the financial, insurance, manufacturing, and other industries software development, maintenance, and independent validation services.
Final Words
Relationships with major global technology brands are essential as technology continues to impact our business operations. Imagine being able to locate the top ten IT companies without spending hours searching the internet. So what if you could contact them directly from this article? That would make things even better. So to help you connect with the top 10 IT companies in the world in 2020, we diligently compiled the most exhaustive list of the world’s largest software companies to date.
If you need to speak with an IT professional in Myanmar, ICT Distribution is a good choice. When it comes to information and communication technology (ICT), ICT Distribution is a name that stands out. So by providing cutting-edge tools, informative resources, and reliable logistics, the company hopes to motivate, inform, and strengthen its network of independent distributors.
