IT companies in the world | A list of top 10 around the globe

Top IT companies in the world | Ruling the tech industry

Top IT companies all around the world provide customers with information technology – IT services such as IoT, cloud services, privacy, internet security, etc. Most IT services are provided in the United States and Asia, accounting for one-third of global business. It is used in developing, processing, storing, securing, and exchanging all types of electronic data from any computer, networking, and other physical equipment, infrastructures, and procedures.

Top 10 IT companies in the world

As IT industry around the globe is booming, there are many companies that are rising to the top. Let’s look at the top 10 IT companies in the world-

#1. Microsoft  

CEO: Satya Nadella 

Revenue: $218.31 billion

No. of Employees: 221,000

Microsoft is the world’s leading and valuable and the most visible IT company, with over $218.31 billion in revenue in 2023. Microsoft Corporation was founded in 1975 by Bill Gates and Paul Allen in Redmond, Washington, and is one of the world’s largest technology companies.

It develops, manufactures, licences, supports, and sells computer software, personal computers, , consumer electronics and related services. The Microsoft Windows operating system, the Microsoft Office suite, and the Internet Explorer, Edge, and Xbox web browsers are among its most well-known software products. Furthermore, the company creates consumer and enterprise software for desktops and servers.

#2. Hewlett Packard Enterprise (HP)

CEO: Enrique Lores

Revenue: $54.68 billion

No. of Employees: 58,000

Hewlett Packard Enterprise is a global technology company that provides IT, technology, and enterprise products, solutions, and services. Based in Palo Alto, California, HP creates and sells hardware components, software, and related services to consumers, small and medium-sized businesses (SMBs), large enterprises, and customers in the government, health, and education sectors. 

It also offers software solutions such as SAAS software as a service, cloud computing services, education, consulting, and support, among other things. HP is expected to maintain its position as one of the top ten IT companies in the world in the future, owing to strong market performance.

#3. IBM | One of the top IT companies in the world

CEO: Arvind Krishna

Revenue: $61.170 billion

No. of Employees: 345,000

IBM, which stands for International Business Machines, is the world’s largest IT services company, with over 300 offices and 345,000 employees working in over 177 countries. On June 16, 1911, financial capitalist Charles Ranlett Flint founded the American company, with its headquarters in Armonk, New York, USA.

Today, IBM generates revenue through five segments: Cloud & Cognitive Software, Global Technology Services (GTS), Global Business Services (GBS), Global Financing, and Systems. Its GTS division is responsible for providing the best IT services to its customers worldwide. These services include process outsourcing and upkeep of critical client systems and infrastructure. 

#4. Accenture

CEO: Julie Sweet 

Revenue: $64.11 billion

No. of Employees: 733,000

Accenture has proven to be a major player in the tech world, as well as one of the world’s largest IT companies and finest software companies. Accenture plc, formerly known as Anderson Consulting, separated from the accounting firm Arthur Anderson, of which it was previously the business and technology consulting division, in 1989. In 2001, the two companies severed all contractual ties.

Accenture is a globally renowned professional services and management consulting firm that offers the best IT services, consulting, digital marketing, operations solutions, business process outsourcing, IT, electronic, and cloud services. Accenture employed approximately 733,000 people in over 120 countries worldwide.

#5. Oracle | One of the leading IT companies in the world

CEO: Safra A. Catz

Revenue: $50.962 billion

No. of Employees: 164,000

Oracle was founded on June 16, 1977, in Santa Clara, California, by Larry Ellison, Bob Miner, and Ed Oates, and its CEO is Safra A. Catz. The company is primarily concerned with designing, manufacturing, and marketing database software and technology, hardware products, cloud-engineered products, and business software products, specifically database management systems that represent its brand. 

Oracle ranked 82nd on the 2018 Fortune 500 list of the world’s largest corporations based on total revenue. Oracle shares sold for more than $74.76 per share, with a market capitalization of more than US $199.47 billion as of April 2022.

#6. SAP | Amongst the prominent IT companies in the world

CEO: Christian Klein

Revenue: $33.54 billion

No. of Employees: 111,916

SAP SE is one of the world’s leading business application software companies. Dietmar Hopp, a German software engineer, and his colleagues founded it in Weinheim, Germany, in 1972.

The German company offers the best software applications for managing business activities and maintaining strong client relationships. Another intriguing aspect of the multinational software corporation is its target industry sectors, such as financial, service, consumer, process, public services, and discrete industries. 

#7. Tata Consultancy Services (TCS)

CEO: K. Krithivasan

Revenue: $27 billion

No. of Employees: 614,795

TCS is a Tata Group subsidiary that operates in 46 countries. It is one of the world’s largest IT companies and a top provider of IT consulting, application development, infrastructure support, and business process outsourcing services.

TCS, or Tata Consultancy Services, is one of India’s largest information technology firms. It was founded in 1968 and is headquartered in Mumbai, Maharashtra, India.

The Indian IT company specializes in consulting and IT services. Its parent company is the Tata Group, which has 149 locations in 46 countries. TCS is currently one of the world’s most valuable IT services brands.

#8. Capgemini

CEO: Aiman Ezzat

Revenue: $23.174 billion

No. of Employees: 357,000

On October 1, 1967, Serge Kampf founded Capgemini for the sole purpose of data processing and enterprise management. Since 1974, the French multinational corporation has steadily risen through the ranks, amassing strategically important assets. Its most significant acquisitions were CAP, Gemini Computers in New York, DASD Corporation in Wisconsin, USA, and Altran.

Capgemini is a global leader in information technology (IT), offering professional services, consulting, outsourcing, technology, engineering services, and other management services.

#9. Cognizant

CEO: Ravi Kumar S

Revenue: $19.434 billion

No. of Employees: 355,300

In 1994, Sri Lankan-American Kumar Mahadeva and his colleague Francisco D’Souza founded Cognizant. Its current headquarters are located in Teaneck, New Jersey. The American multinational digital company is the world’s largest IT company. It provides digital products, consulting, information security, and digital information technology services.

The corporation’s operations directly impact three key areas: digital business, digital operations, and digital systems and technology. TriZetto Corp, a healthcare IT firm based in California, was purchased by the company for $2.7 billion in 2015.

#10. Infosys

CEO: Salil Parekh

Revenue: US$13 billion

No. of Employees: 343,234

N.R. Narayana Murthy and others founded the company in July 1981, and it is headquartered in Bangalore, India, with Salil Parekh as its current CEO. After TCS, the company will be the second-largest IT company in India and one of the top ten IT companies in the world by 2021 revenue figures.

Some of its most essential services to manufacturing, insurance, financial, and other institutions include software development, maintenance, and independent validation. Through one of its products, Finacle—universal banking technology—Infosys has also significantly impacted retail and corporate banking.

Key takeaways 

• Top IT companies have greatly influenced and contributed to making every aspect of life more manageable.
• Industry reports suggests that the world’s top IT companies are spending more than $4,454 billion.
• According to industry experts, the global information technology industry has grown by 8.2%.

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FAQs

Q1. Which city has the most IT companies in the world?

Ans. Many of the world’s most cutting-edge technology companies are headquartered in San Francisco, California, USA.

Q2. Which is the world’s largest company?

Ans. The American retail corporation Walmart is the world’s largest company by revenue.

Q3. Which is India’s top company?

Ans. Reliance Industries is India’s largest corporation. This multinational corporation headquartered in Mumbai has a market capitalization of INR 1,795,732.38 crore.