In this article, we have listed the top 10 IT companies in the world in 2022 using business frameworks like Revenue and Net Income. The Information Technology (IT) sector has been growing for numerous years and with a prolonged focus on technology, automation, and software, the sector is perceiving further growth in 2021-2022. During the pandemic, the focus of numerous sectors turned to Information Technology companies in order to trim their systems and processes to start remote work, sales, marketing, and even manufacturing.
2020 and 2021 saw a rise in IT investment, funding, and growth of software services, products, and tools. Technologies like IoT, cloud computing, online security, data science, etc. have been the focus areas of the IT services being served to clients across different verticals and parameters like BFSI, Manufacturing, Retail, Energy, Telecom, etc. by these top software companies. The majority of IT services happen in the US and Asia, which contribute to one-third of the altogether global business worldwide.
List of Top 10 IT Companies
- Rank 1: Microsoft Corporation
- Rank 2: IBM
- Rank 3: Accenture
- Rank 4: Oracle
- Rank 5: SAP
- Rank 6: TCS- Tata Consultancy Services
- Rank 7: DXC
- Rank 8: Delloite Consulting
- Rank 9: Capgemini
- Rank 10: Cognizant
Microsoft Corporation
Microsoft Corporation is ranked 1st in the list of Top 10 IT Companies, based in Redmond, Washington, and is among the world’s largest corporations.
Microsoft Windows, Microsoft Office, Internet Explorer, and some more products, are used by nearly every business and professional around the globe. it was established and came into action in the year of 1975, the founders of the company are Bill Gates and Paul Allen, and it has enlarged its market share by expanding its services beyond the operating system industry to various types of software.
By paying $26.2 billion and 8.5 billions dollars Microsoft takeover Linkedin and Skype Technologies respectively. With the persistently developing environment, there is a crusial paradigm change in technologies and innovations, and Microsoft is endeavouring to lead and command this new age like a front leader. In the future, Microsoft will look for new advanced technologies such as Machine Learning, Artificial Intelligence, and cloud computing, Data science to create new growth that will allow them to establish their unique digita abilities and deliver strong solutions to various consumers.
IBM
Another eminent and renowned IT company in the top 10 IT companies in the world is IBM, stands for International Business Machines, it is an American multinational company that operates in more than 150 countries.
Began with a computer recording firm before being called IBM in 1924. IBM’s headquarters are in Armonk, Future York, and the company has an exhaustive suite of software products and services that it is growing to meet the contemporary and rising demands of present and emerging users. Large income generators are cloud computation, analytic computation, data analytics and the Internet of things, IT infrastructures, and securities. IBM’s revenue is increasing by double digits, and it effectively strengthened in 2017. With approximately 390,000 people, IBM is one of the globe’s largest recruitment organisations.
The business use of IT includes both computing technology and telephone. Information technology – IT services such as cloud services, IOT, privacy, internet security, and so on are provided to the customers by the topmost software firms around the globe. The majority of IT services ar provided within the u. s. and Asia, that account for third of international business. consistent with business analysts, the world rate of the data technology sector is anticipated to be 4.5-5 per cent.
Accenture
Accenture is one of the prime Information Technology (IT) businesses and is ranked 3rd in the list of Top 10 IT Companies, constituted in the Fortune Global 500. It is a multinational management consulting profession that offers professional services such as strategies, consultancy, technologies, and operations.
Accenture began as an accountancy firm called Arthur Andersen’s business and technology consulting organization. In 1989, It got bust, and Andersen Consulting took its present name, Accenture, this has a meaning i.e.” accent of the future.” The firm employs more than 400,000 people all over the globe. Accenture has numerous business units, each of which contributes significantly to the company’s overall revenue creation.
Accenture Consultancy provides mobility consultancy as well as digital marketing inspection. Accenture Technology is focused on R&D, technology solution execution, and technological laboratories for emerging innovations. Accenture Strategy offers services in technology strategy, corporate strategy, and operational strategy.
Oracle
Oracle Corporation, one of the top 10 IT companies in the world, is headquartered in Redwood Shores, California, and is a well-known American multinational company.
With a workforce of around 130,000, Oracle has the second-largest revenue in the industry of software development right after Microsoft.
It has a huge number of customers with more than 400,000 global customers and existence in more than 150 nations allover a vast array of industries.
Oracle is well known around the globe for its easy to use and user-friendly apps and always strives to remove the tangled and complex nature of the apps they build, such as data center operations and cloud applications, which can be a hurdle to business transformation, speed, flexibility, manageability, reliability, security, and engineering. It empowers its clients by giving intellectual remedies that contribute prominently to their businesses, including their users and clients.
Oracle holds more than 15,000 patented products globally. The corporatio’s prime concern are to developing clever cloud applications, integrated cloud platforms, open-source platforms for developers, ERP solutions, and analysis tools that employ machine learning.
Being one of the top 10 IT companies, it is expanding its functionality in Artificial Intellegence, machine learning, IoT, blockchain, and human interface technologies, all intending to improve client abilities so that they can grow their own new and innovative products.
Oracle invests heavily in R&D, with billion-dollar investments. Oracle is ranked fourth among the world’s top 10 IT companies.
SAP
SAP has effectively established itself as the global leader in corporate application areas of software and software-related functionalities. SAP is the third biggest software firm by global market value, with more than 88,000 professionals in much more than 130 countries and has almost 380,000 clients in far more than 170 countries.
SAP is harnessing technologies such as machine learning, the Internet of Things, blockchain, cloud computing, and SAP HANA to address a variety of business problems.
SAP has a great factual growth of technological creations and innovations, and has always prioritized the creation of new technologies, which resulted in the establishment of over 110 innovative and developmental centers throughout the globe.
TCS- Tata Consultancy Services
Tata Consultancy Services which is abbreviated as TCS. This MNC has been named one of the leading Indian Multinational Information Technology Corporations in top 10 IT Corporation, with income generated across various areas.
TCS’s headquarters are in Mumbai, India, and it has numerous operational domains such as consultation systems, software developments, infrastructural support, and business processes outsourcing. It is a leading and immensely popular IT firm being the most renowned of the world’s biggest top 10 IT services providers in terms of revenue.
In the year 2017, it hold the 10th position in the Fortune India’s list of 500.
It has customers from a various industries, including banking and finance, consumer goods and retail, communications, multimedia, technologies, Health care, etc. Being one of the top 10 IT companies, it is set to elaborate and expands its horizons, and portfolio to other areas like Machine learning, AI, cyber security, Data science etc.
DXC
DXC is an IT services firm that was founded when HPE merged its IT division with CSC. DXC Technology, founded in 2017 as a combination of HPE and CSC, has grown to become one of the world’s largest IT firms. As of now, the corporation has broad activities in over 72nations all over the globe.
DXC has also reinforced its market dominance through a number of acquisitions.
The organisation is propelled by a robust workforce of more than 120,000 individuals dispersed across the globe. DXC ranked 8th in the list of top 10 IT companies in world.
The top IT corporation provides critical IT facilities throughout the Enterprise Technologies Stacksfor driving the businesses of a variety of organisations. The organization is a leader in BPOs, analytics, engineering, apps, security, cloud, and IT outsourcing, among other things.
Delloite Consulting
Deloitte is among the world’s leading service companies, serving clients worldwide with services ranging from management consulting to IT technology consulting. Deloitte refers to the chain of member companies of Deloitte Touche Tohmatsu Limited, an organization established in the United Kingdom.
The company’s worldwide headquarters are in New York City, United States. The company’s products include consulting, auditing, taxation, financial counseling, and corporate risk management. In reality, Deloitte is the name under which independent firms from around the world combine to provide the aforementioned services. It was also said to have supplied the greatest number of customers.
Deloitte, being one of the largest management consulting organizations, generates significant revenue from IT consulting and advice, making it one of the top IT companies in the world.
Capgemini
Capgemini is among the world’s largest information technology (IT) organizations, with a significant global presence and a french company with its headquarters in Paris, worldwide functioning in more than 42 nations.
Being one in the list of top10 IT companies in the world, the organization is a world leader in IT service, including consultation, professional service, and outsourcing, along with myriad other choices and options, and is powered by almost 200000 employees all over the globe.
Green IT is another commercial strategy of Capgemini that has elevated the corporation to the ranks of the world’s leading IT firms.
Serge Kampf established the business in 1967, and from the beginning, it has established itself as a leader in the IT sector
During the previous few years, Capgemini has reinforced its position as a well known Information Technology business by buying various other industry leaders.
The MNC recruits around 100,000 employees in India. The business has also received various honors for its consistent performance every year and it is ranked at ninth position in our list of top 10 IT companies.
Cognizant
Cognizant is a major Information technology that helps customers in changing their traditional businesses, operations, and technologies to reap the benefits of quickly altering digital technologies. Thus making it one of the leading IT companies in the world.
This MNChas have continuously been able to maintain its position as one of the world’s most influential and rapidly rising firms.
In 2015, the company acquired California-based healthcare IT firm TriZetto Corp for $2.7 billion. This is now the Cognizant TriZetto Healthcare Products sector of the company which comprises software solutions that help institutions improve cost and quality of care, improve the member-patient experience, improve administrative efficiency, and boost revenue.
Cognizant’s unique industry-based consulting strategy is assisting clients in developing more innovative and efficient organizations.
It has its headquarters in the United States.
This MNC is also a Nasdaq member and is placed at number 205 in the Fortune 500 list.
Cognizant’s income is steadily increasing and continues to do so. Cognizant is assisting banks in revolutionizing lending by analyzing risk using predictive analytics based on consumer financial history.
Conclusion
IT sector has given lot much to society in terms of efficiency, quality, speed and agility, availability, and funtionality. With the introduction of new technologies in business models, and the field of analytics and logistics , IT has transformed our work systems. During andemic, when everything was down, the technologies of the IT sector like telemedicine, virtual teaching, online counseling, etc. were a major reason why the industry witnessed rapid and sudden growth. This spotlights the potential of the IT industry and IT corporation in the world, which has a large share of the Indian economy and provides employment opportunities to many aspiring and talented engineers.
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