Information technology is driving and powering the businesses across the world today. IT is changing the way things are done and processed. Various sectors and business vertical are deploying IT solutions to improve business and increase profitability. Various IT companies are providing these solutions. Top IT companies list include companies like IBM, Accenture, HP Enterprise, Oracle etc. Here is the list of the top 10 IT companies in the world 2017.
Quick Glance
Top IT Companies in World 2017 are
1st place: IBM
2nd place: Microsoft
3rd place: HP Enterprise
4th place: Oracle
5th place: Accenture
6th place: SAP
7th place: TCS
8th place: Cognizant
9th place: Capgemini
10th place: Infosys
For More details about rankings and parameters, read on.
10.Infosys
Infosys is one of the two Indian IT companies to feature in the world’s top information technology companies list.
Image: company website
The second Indian IT company to feature on the list is the home-grown IT services giant Infosys, which was established by N R Narayanamurthy and six engineers in Pune with a mere capital of 250$. They started expanding globally just within six years after inception when they opened their first international office in Boston, US. Presently headquartered in the silicon valley of India, Bangalore became 10 billion dollar revenue earning company in 2016.
Listed as a global consulting and IT Services company in the NYSE, Infosys boast of a workforce of over 200,000. They have always been in the forefront regarding innovation and automation, Infosys Mana being the new addition to their list of offerings in this avenue. Making use of the huge demographic bonus India has, Infosys follows a 70:30 work ratio in the business model, ie 70% work is done in India and the rest on-shore.
Some of the important services Infosys offers is Application Outsourcing Services, Application Development and Maintenance, Infosys Validation Solutions, Cloud, Infrastructure and Security. Apart from Infosys Mana other products from Infosys are in the lines of Infosys Information Platform, EdgeVerve, Infosys Finacle, Panaya, and Skava.
Revenue : 79919 m$
Profit : 11872 m$
9.Capgemini
Capgemini is an European IT consultancy headqautered in Paris,France. It was founded by Serge Kampf in 1967.
Image: Wikimedia
It is one of the largest IT service providers with around 2 lakh employees all around the world having presence in more than 45 countries. Over the years Capgemini has acquired more than 25 small and large companies and has concentrated on the organic growth too. It serves various sectors, including energy, utilities and chemicals, manufacturing, retail and distribution, financial services and insurance, and life sciences.
They have shown interest in the Indian market keeping in mind the talent pool India has to offer. The initiative to reskill the more than 1 lakh Indian employees is a testimonial for their expansion in Asian market.
Capgemini provides various IT services like
• Application Development
• Business Services
• Consulting
• Infrastructure Management
• Mobility, Cloud etc
Revenue : 13312m$
Profit : 977m$
8.Cognizant
The company was originally found as a technical unit of Dun & Bradstreet 1996 headquartered in Chennai by Kumar Mahadeva.
Image: flickr-photos/cognizant-worldwide/
Later Dun&Bradstreet spun off their subsidiary companies to form Cognizant and head quarters moved to New Jersey, US and started serving external clients. Cognizant had a period of fast growth during the 2000s, becoming a Fortune 500 company in 2011 and now is the one of the world’s most admired IT service provider. Cognizant mainly giving information technology, information security, consulting, ITO and BPO services including usiness & technology consulting, systems integration, application development & maintenance, IT infrastructure services, analytics etc.
During the initial phase the company is split into two new major services, Nelson Media Research, and IMS Health and later, it became the public subsidiary of the IMS Health. But in 2003, Cognizant sold all its shares in the subsidiary .The company expanded its work from IT services to Outsourcing and business consulting as well. There was a fast growth in the success of Cognizant. On this course they increased number of their US clients and started to work and provide service in wide range of areas.Now Cognizant has around 1.5 lakh employees spanned all over the world and has a revenue of 13487m$
Revenue : 13487m$
Profit : 1553m$
7.Tata Consultancy Services
Tata Consultancy Service LTD is an Indian MNC providing IT services and business solutions is a subsidiary company of Tata Group.
Image: company website
It was founded in 1968 by J R D Tata and F C Kohli in Mumbai and became an independent entity in 1995, and with the strong backing of the Tata Group it started to grow rapidly. With clients around 46 countries TCS is one of the Big 4 most valuable IT companies worldwide. Within India, TCS is well-known in eGovernance, banking and financial services, telecommunications, education and healthcare markets and recently became the most profitable Indian company surpassing Reliance. Most of the Indian government websites like IRCTC and Passport Seva Kendra are maintained by TCS. TCS started as an electronic depository and trading system provider and delivered SECOM first of it’s kind in 1975 followed by research on software and development. Later they started to provide ERP systems and designed one for Indian Railways. TCS was first Indian company to enter into bioinformatics aiming development of customized software for pharmaceutical, biomedical and biotechnology companies , analysis of the results of various biological experiments in genomics and proteomics etc.With aound 67 subsidiaries TCS has become one of the most profitable IT companies in the world with a profit of 4003m$.
Revenue : 17330m$
Profit : 4003m$
6.SAP
One of the largest vendors of Enterprise Resource Planning (ERP), SAP is a German multinational company mainly operates on data processing.
Image: company website
SAP stands for Systems, Applications and Products denoting their services. It was founded in 1972 and now has increased it’s service over 3 lakh customers in 180 countries of which 80% are small and medium sized businesses. SAP provide real-time software systems and has a series of ERP softwares with the latest one SAP ERC 6.0. SAP systems enable clients to run their business processes despite of their type in an integrated environment ensuring that the information from one SAP component to another without the need for redundant data entry.
Now 75% of global business transactions are in contact with SAP system. In 2016 SAP was ranked number 3 in the list of largest software and programing companies behind Microsoft and Oracle. Company also focuses cloud computing and has acquired several that sell cloud based products.
Revenue : 22062m$
Profit : 3634m$
5.Accenture
Founded in 1989 as Andersen Consulting, Accenture bags the fifth position with revenue of 32883m$.
Image: flickr-photos/ricote/
Accenture is an another non-American Technological Service firm Headquartered in Dublin, Ireland, which has now spread across 120 countries with most of its employees in India. Accenture started as the business consulting division of Anderson consulting later renamed as the company name itself in 2001. Accenture provides various services and operations like Accenture Strategy, Accenture Consulting, Accenture Digital etc. Accenture Strategy provides business solutions, technology support, and operations strategy service and Accenture digital is dedicated for digital marketing and mobility services. Avanade is a subsidiary firm of Accenture providing IT consultancy focused on the Microsoft platform.
Digital, cloud and security related services are now being the major services of Accenture contributing more than 40% of their revenue in 2016. Accenture Interactive, which was recognized as the largest and fastest-growing provider of digital marketing services, helps clients ranging from BMW to ENGIE . Accenture Mobility is now one of the world’s leading developers of mobile applications, developing more than 2,800 apps releases in IOS, android and windows platforms.
Revenue : 32883m$
Profit : 4350m$
4.Oracle
Standing behind Mircosoft, Oracle is the second largest software manufacturer which is basically well known for their database softwares.
Image: Wikimedia
With headquarters in Redwood, California Oracle was founded 39 years ago in 1977 under the name Software Development Laboratories providing a relational data base management system (RDBMS), first commercially available database. Later it was renamed as Oracle to align itself with its flagship product ‘Oracle Data base’. Oracle data base is now one of the leading data base systems competing IBM’s DB2. Throughout these years Oracle has made a revolutionary development on data bases including introduction of UNIX based Oracle applications and query language PL/SQL. The current release of Oracle's RDBMS is Oracle 12c, C denoting cloud and is reflective of Oracle's work in extending its enterprise RDBMS to enable firms to consolidate and manage databases as cloud services .
Oracle also owns a family of middleware products named ‘Oracle Fusion Middleware’ including application server, system integration etc. Oracle also sells a suite of business applications. The Oracle E-Business Suite includes software to perform various enterprise functions related to (for instance) financials, manufacturing, customer relationship management (CRM), enterprise resource planning (ERP) and human resource management.
Revenue : 37047m$
Profit : 8901m$
3. HP Enterprise
HPE stands at the third position with a revenue and profit of 50123 and 3161 million Dollars respectively.
Image: company website
HPE aka Hewlett Packard Enterprise Company is a new among the other companies since it was founded in 2015 following the splitting of HP. It’s an American multinational IT company having headquarters in Palo Alto, California, and serves the globe with its services. Major working areas of HPE includes servers, networking, software services etc. In 2008 HP made a deal with IT company Electronic Data Systems to acquire the company and it became an HP business unit later changed its name to HPE. By 2009 , HPE managed to have more than 380000 servers in 60 countries with about 2000 clients.
In 2015 it got separated from HP and started to work as an independent MNC. HPE now provides services like Infrastructure Technology Outsourcing and Applications & Business Services (ABS) involving developing, integrating , and modernizing application softwares. Aruba is a networking vendor selling enterprise and edge access networking equipment under HPE. HPE also owns a series of computer data storage array ‘HPE XP’ incorporated with Hitachi. By April 2017 HPE merged with CSC to create DXC Technology, a new IT service company.
Revenue : 50123m$
Profit : 3161m$
2. Microsoft
Microsoft or simply MS has made a revolution in computer technology emerging as the largest software manufacturer in the world which was named after the two words ‘microcomputer’ and ‘software’.
Image: Wikimedia
From ‘Windows’ operating systems to ‘Surface’ tablets, Microsoft is having its signature in every corner of the software era. Founded in 1975 by Paul Allen and Bill Gates, headquartered in Redmond, Washington, Microsoft has a long history along the Personal Computer starting from creating the operating system ‘DOS’ for IBM PCs. Microsoft also produces other products like MS office, servers, digital service market , mobile phones on Windows OS etc. From assisting IBM to create operating systems for PCs ,Microsoft started developing their own operating systems ‘Microsoft Windows’ - an extension to DOS, which got widely adapted all over the world.
The latest version Windows10 is having more than 400 million active devices ,became the version with fastest adaptation rate. During 1990s they released Office Suite which changed the whole tradition of office work with softwares ‘Microsoft word’ , ‘Microsoft excel’ ,etc with more than 840 billion commercial users in 2016 . In 2000 they announced video game brand Xbox which released a series of video game consoles .It has become a tremendous success and has a growth rate of 33% in annual users last year.They are also into cloud computing and tablet manufacturer and aims to empower the world and achieve more with 51529m$ revenue and a profit of 16000m$ last year.
Revenue : 51529m$
Profit : 16000m$
1.IBM
International Business Machine, shortly known as IBM is one of the largest IT companies in the world with about 400000 employees all over the world with it’s headquarters in Armonk, NY US.
Image: Wikimedia
IBM was founded in 1911 as Computing Tabulating and Recording Company (CTR ) and now has increased its operations across 175 countries. During the course of years IBM has made tremendous innovations and services with a huge number of 26000 patents in US itself and even bagged 5 Nobel Prizes. IBM made it’s mark in 1900s being an innovative company creating first Tabulator, Printer, HDD, and floppy disks followed by Personal computers and Operating systems in post 1970s.
By 2000 IBM sold out its PC division to Lenovo and started to grow its software and consultancy services. Today almost 97% of Banks all over the world depends on IBM services and making it the largest host of online transactions. IBM has also stepped into cloud computing having ‘IBM Cloud’ as a leading platform for the enterprise. Having Global Business Service and Global Technology Service as two streams for Consultancy and research IBM has become the lead performer of IT industry with flying colors .
Revenue : 79919m$
Profit : 11872$
Rank Methodology:
1. 15 top IT companies in the world are taken
2. Parameters like Revenues and Profits are considered and given weights
3. Weighted average of these parameters are used to find out the total score and get the final ranks