Ever wondered how simple our lives have become due to technology around us. Literally everything is available on a click.
The advent of new technologies such as blockchain, IoT and AI ensures that the biggest and the best IT and software companies in the world are on their toes to improvise and provide state of the art software which can keep pace with rapid technological advances.
The top 10 IT and Software companies in the world drive global innovation. Services like IoT, cloud computing, etc are being provided to the client by the best software companies in the world.
Imagine a world without information technology and you will be amazed that your existence now depends on it. The biggest IT companies in the world are driving the latest technologies and how to make them accessible to all of us.
“You may also like”
5 Interesting facts about the IT industry
- Around 90% of the data in the world has been created in the last couple of years.
- Around 500 MN tweets are done per day.
- Around 8 BN devices will be connected with the internet by 2020.
- Around 3.5 BN searches are done on Google daily.
- Around 570 new websites are developed each minute.
The above facts indicate the importance and dominance of technology in our lives. It only goes to show how our world is driven by technology and the role played by the top 10 IT and Software companies in the world.
Technology is here to stay and will keep influencing our future through latest innovations. The global IT industry is expected to soar further with latest advancements. The top 10 largest IT and software companies will lead the way.
Without further ado, we provide you with a list of the best IT companies in the world by revenue.
Here is the list of best 10 IT & Software Companies in the World
#1. Microsoft Corporation
Microsoft Corporation is an American MNC with headquarters in Redmond, Washington. The word Microsoft was derived from “microcomputers” and “software”. Microsoft was incorporated by Bill Gates and Paul Allen on April 4, 1975. The game-changing product line for Microsoft is the MS Windows operating system which we use in our daily lives.
Microsoft has been increasingly diversifying from the operating system market and has made few notable acquisitions in the past, the largest being the acquisition of LinkedIn for $26.2 billion in 2016 followed and earlier the acquisition of Skype Technologies for $8.5 billion in 2011.
Microsoft is the biggest and number 1 IT company in the world with revenue of USD 125.8 BN(2019).
IBM or International Business Machines Corporation (IBM) is an American MNC giant headquartered in Armonk, New York, with operations in over 170 countries. IBM was founded in 1911. IBM in true sense is a legendary and one of the largest IT companies in the world with a workforce of more than 4 lakh employees.
IBM provides hosting and consulting services from mainframe computers to nanotechnology. It also produces and sells computer hardware, software. IBM holds the record for maximum U.S. patents by a business as of 2020. From floppy disk, ATM to SQL programming language IBM has many inventions to its glorified name.
IBM is also nicknamed as the Big Blue. Over 100 years into business IBM has a great legacy and is considered the top MNC in the world.
IBM is ranked as the second biggest IT Software company in the world and one of the top 10 MNC companies around the globe.
Oracle Corporation is an American MNC headquartered in Redwood Shores, California. Oracle develops and sells database software and technology, cloud engineered systems, and enterprise software products.
The company was incorporated by Larry Ellison, Bob Miner and Ed Oates in 1977. Oracle is also the world’s second-largest database management company. Oracle has done some notable acquisitions in the past such as Berkeley Db for database technologies. Oracle has added many products in the portfolio through acquisitions.
Oracle holds 3rd position in the list of top 10 IT and software companies all over the world in 2020.
Accenture plc is an Irish MNC headquartered in Dublin, Ireland. It provides a range of services from strategy to consulting and digital technology to operations.
Accenture is a Fortune 500 company with over 500,000 employees and serving clients in more than 120 countries.
Accenture started as the business and technology consulting division of accounting firm Arthur Andersen.
#5. HP Enterprise
The Hewlett Packard Enterprise Company is an American MNC based in San Jose, California. HPE has two divisions: First is the Enterprise Group, which works in servers, storage, networking, consulting and support, and the second is the Financial Services part.
HP is into SAAS (software as a service), cloud computing, business computing, and support. It caters to medium and large enterprises along with the government sector. It develops and sells hardware and software solutions.
HP is one of the major IT companies and ranks amongst the best IT and software companies in the world.
Also Read: Top 10 Biggest IT Companies in India
SAP or Systems Applications and Products is a German MNC headquartered in Walldorf, Germany SAP was a pioneer and leader in enterprise resource planning (ERP) software.
SAP has now become the market leader in end-to-end enterprise application software, database, analytics, intelligent technologies, and customer relationship management. SAP supports businesses of all sizes to operate on profit margins through its latest solutions.
The company has held its position as the leading and one of the best IT companies in the world.
TATA Consultancy Services Limited (TCS) is the biggest Indian IT MNC headquartered in Mumbai, Maharashtra, India. It is also amongst the world’s top 10 software companies which shows the strength and values of the business ethics of the company.
TCS is also one of the leading IT companies in India for business process outsourcing, consulting, information technology and business management.
TCS in coordination with the Indian Government is a major player in passport services.
Suggested for you: Top 10 Largest Digital marketing agencies in the world
Tencent Holdings Ltd. is a Chinese MNC founded in 1998 Tencent with its subsidiaries specializes in multiple Internet-related services and products, entertainment and AI. It has emerged as one of the leading and best IT companies in the world in recent times.
Tencent is also into various fields such as social networks, music, web portals, mobile games, internet services, payment systems, smartphones, and multiplayer games which are amongst the most successful and biggest in their categories.
Tencent has been awarded as one of the world’s most innovative companies by numerous media houses. It has a diverse business range from search engines to space technology.
Due to multiple fields and substantial growth, it is among the top 10 software companies in the world.
Cognizant is an American MNC headquartered in Teaneck, New Jersey. It provides many IT services that include digital, technology, consulting, and operations services.
Since 2000, Cognizant has had a period of rapid growth becoming a Fortune 500 company in 2011.
Cognizant provides custom IT, business process outsourcing and consultancy services to its clients.
Infosys Limited is an Indian MNC that provides service of business consulting, information technology and outsourcing. Its headquarters are in Bangalore, Karnataka, India. Infosys is amongst the best 10 IT companies in the world and the second-largest Software & IT company in India after Tata Consultancy Services.
Infosys has its product subsidiary called EdgeVerve Systems which focuses on enterprise software products for business operations, customer service, procurement and commerce network domains.
Suggested to Read: List of the Largest Software MNC in India
To sum up our discussion on the top 10 IT and Software Companies in the world, it’s evident that today’s world is driven by technology and innovations. We are all bound to it through some or the other way. Given the magnitude of innovations and human thinking which is increasingly becoming reckless to explore newer avenues, we can safely assume that these leading and largest IT companies in the world will keep on adding new developments and keep up with the advancement pace.
The competitive nature of the industry will keep each of these best IT companies at their thinking best and make no mistake about the fact that in the coming years there will be many other companies who will break into the coveted list of top 10 IT and Software Companies of the world.
We would also like to hear from you. Below are a few of the questions that our readers ask related to the top 10 IT and software companies in the world
#1. I would like to know regarding the best software development companies in the world?
The above list is carefully selected after the research of many companies across the world. The above list provides you with the best software development companies in the world.
#2. Why are the largest IT companies in the world investing in AI, Blockchain Technology and Machine Learning?
Technology is always about looking forward and changing the way how the business works. All the mentioned are the latest technologies which will change how the world does business in the future and this is the reason why the best IT companies in the world are investing heavily in them.
#3. What can you say about the future of the IT industry?
The IT industry is growing at a rapid pace and the need for sustainable technology and innovation across segments is the need of the hour. You can safely assume that the future of the IT industry is bright.
Credit: Wikipedia, LinkedIn