Business

Top 10 IT Companies in World and Services in Worldwide

By admin

Posted on October 17, 2022

Top 10 IT Companies in world, or the largest IT companies, noticed a slight dip in their overall revenue when they walked into 2022.

According to industry reports, Top 10 IT Companies in world spend more than $4,454 million. IoT, cloud computing and cyber attacks are just a few of the top IT services that clients can get.

According to the most recent release of the International Data Corporation, global revenues for artificial intelligence (AI), including software and hardware, will grow 15.2% annually to $341.8 Billion in 2021, according to AI. Further, the researcher predicted that the forecast would accelerate in 2022 with 18.8% growth, and reach $500 billion by 2024.

The IT industry performed better than any other industry or sector during the pandemic. However, it was still plagued by serious spending patterns and postponement of major investments.

You now have a good overview of the global IT industry. Now, here’s a question. What are the top IT companies in today’s market?

Even better, think about the Top 10 IT Companies in world. Let’s take an in-depth look at the list below.

It is vital to establish relationships with international tech companies as technology continues to change the way people do business.

Imagine being able to find the Top 10 IT Companies in world around the globe without ever having to search the internet. Better yet, how about connecting directly from this report to your peers?

We’ve done all the work and crunched the numbers to provide you with the best selection of software companies so that you can directly associate yourself with the Top 10 IT Companies in world in 2022.

Information technology (IT) is still a major driving force in today’s market. The 10 largest IT companies in the World are some of the most trusted information technology service providers, and they power a wide range of industries and companies around the globe. Information technology (IT), has made a significant impact on our daily lives and the way we do business.

Along with the continued growth of new technology, inventions, such as IoT and large statistics, the international IT industry is expected to flourish further. The list of Top 10 IT Companies in world for 2022 was compiled by technology firms IBM, Microsoft, HP Enterprise, Oracle and others. They are also predicted to continue to be at the top of their software businesses and achieve greater success in the near future.

Table of Contents

Revenue For Top 10 IT Companies

2022	Name	Country	Revenue
1.	Microsoft	United States	$161 billion
2.	HP	United States	$63.49 billion
3.	IBM	United States	$57.35 billion
4.	Accenture	United States	$50.53 billion
5.	Oracle	United States	$40.47 billion
6.	SAP	Germany	$29.30 billion
7.	TCS	India	$25.07 billion
8.	Capgemini	France	$19.09 billion
9.	Cognizant	United States	$18.65 billion
10.	Infosys	India	US$13 billion

A Global Industry Overview of Top 10 IT Companies in world

Based on the latest market report, Gartner’s International IT Industry Review states that the IT services sector, which includes consulting and managed services, is forecast to grow 7.9% more than the $1.3 trillion figure in 2022.

Information technology (IT), is the combination or all of a computer’s storage, networking and other physical devices, infrastructure and processes that create, store and secure electronic data.

The best IT companies in the world create innovation, technology, outsourcing, and other services.

According to industry experts, the global growth of the information technology sector has increased by 4.5-5 percent. We can now see what the financial year ahead will look like for the Top 10 IT Companies in world thanks to Covid-19.

This list includes Microsoft, IBM and Oracle as well as Accenture, HPE and SAP.

Microsoft

Founder: Bill Gates and Paul Allen
CEO: Satya Nadella (Feb 2014)
Founded in: 1975
Revenue : $161 billion
No. No.
Area served: Worldwide
Headquarters, Redmond Washington, United States

Microsoft Corporation was established by childhood friends Bill Gates (New Mexico) and Paul Allen (Albuquerque).

They just wanted to use their computer programming skills by selling and developing BASIC interpreters for Altair 8800. Fortunately, their vision and talent led to today’s Microsoft.

Microsoft is a global Largest IT service provider company. It is involved in the development, manufacture and licensing of personal computers and computer software.

The Microsoft Office Suite, Internet Explorer, Edge and Microsoft Windows are some of the most prominent software products.

Satya Nadella was Microsoft’s CEO in April 2019. Microsoft is now the third U.S. publicly traded company to surpass $1 trillion, after Amazon and Apple respectively. Microsoft has also reached the trillion-dollar market capitalization, making it one of the most important IT companies worldwide.

Microsoft’s main hardware products are the Xbox video gaming consoles and touchscreen PCs that fall under the Microsoft Surface Class.

Multinational company, the epoch-making multinational has expanded its reach from the traditional operating system market since the 1990s by making numerous corporate acquisitions.

LinkedIn was the largest acquisition, valued at $26.2 billion in December 2016.

Microsoft was ranked No. 21 in the Fortune 500 ranking of America’s largest corporations by total revenues. It is considered one of the Big Five American companies, along with Amazon, Google, Apple, and Facebook. IT industry.

Microsoft shares were sold for over $283 per share, and the company’s market capitalization was more than US $2.123 Trillion in April 2022.

Its subsidiaries include Skype Technologies, LinkedIn, GitHub and Xbox Game Studios. Microsoft is the most successful IT company in the globe.

HP

Founder: David Packard, Bill Hewlett,
CEO: Enrique Lores
Founded in: 1939
Revenue $63.49 Billion
No. No.
Area served: Worldwide
Headquarters: Palo Alto, California, United States

HP (Hewlett Packard Company), is a name that should not be overlooked on the global list of the Top 10 IT Companies in world.

After the Hewlett-Packard split, it was established in 1939. Now the Cusrrent CEO, Antonio Neri, is located in Palo Alto California.

The split resulted in HP Inc becoming the printer and PC arm of HPE, while HPE assumed the Enterprise products and services aspects. Since then, HPE has grown to be one of the most important IT service providers in the world.

HPE’s services include data storage and protection as well as IT financing, consulting and cloud services. With solid performance in the market, HPE is expected to maintain its position among the Top 10 IT Companies in world.

Cloud services include machine E-learning and virtual machines. They also offer storage, data protection, Big Data, and Virtual Machines. These services are all included in the HPE Greenlake Cloud Services.

The IT infrastructure sector encompasses High-Performance Computing and Data Storage, Networking, and Information Management.

Hewlett Packard Enterprise is a manufacturer of enterprise hardware such as servers and networking equipment, as the name suggests.

Despite the fierce competition from cloud companies such as Dell Technologies, HPE is still the dominant player in the cloud market.

The robust HPE system has made it possible to develop a variety of software solutions, including those that deal with cloud computing.

HP is a well-respected IT company that has been a leader for many years in the global IT market.

It is expected to continue its position among the top IT companies in the future.

HP shares were sold for more than $36.45 per share, and had a market capitalization exceeding US $38.39 Billion by April 2022.

IBM

Founder: Charles Ranlett Flint
CEO: Arvind Kumar (April 2020)
Founded in: 1911
Revenue $57.35 Billion
No. No.
Area Served 177 countries
Headquarters: Armonk, New York, United States

IBM stands for International Business Machine. It is the largest Top 10 IT Companies in world with more than 300 offices and 282,100 employees in over 177 countries.

American financial capitalist Charles Ranlett Flint founded the company on 16 June 1911. Headquarters is in Armonk, New York.

Today, IBM’s revenue generation comes from five areas: Cloud & Cognitive Software, Global Technology Services, Global Business Services, Global Financing, and Systems.

The GTS division provides the highest quality IT services to its customers around the globe. These services include outsourcing process and maintaining important client systems.

The GBS division of the company is responsible for system integration, project management, and consultancy.

IBM shares were sold for more than $135 per share, and had a market capitalization exceeding US $122 billion by April 2022.

Currently, there are three major shareholders in the company: James M. Whitehurst (148.608 shares), Arvind Krishna (86.188 shares) and James J. Kavanaugh (77.514 shares).

Due to their dependence on IBM mainframes, nearly 92 percent (or more) of the top 100 banks in the world require IBM’s services.

IBM also offers Blockchain solutions that can help people to create their own cryptocurrency exchange .

Since then, the company has evolved to a major cloud computing hub that your business can also use. IBM is now one of the 10 largest IT companies worldwide.

Accenture

Clarence Delany, founder
CEO: Julie Sweet (Sep 2019)
Founded in: 1989
Revenue 50.53 Billion
No. No.
Area served: Worldwide
Headquarters, Dublin (Ireland)

Accenture has been a dominant player in the tech industry and is also one of the largest IT companies and best Top 10 IT Companies in world.

Accenture plc (formerly Anderson Consulting) split in 1989 from Arthur Anderson, an accounting firm. This firm was previously the business and technology consulting unit. In 2001, the two companies severed all contractual ties.

Accenture is a globally recognized professional service and management firm that offers the highest quality IT services, consulting and digital marketing.

To facilitate the many services and operations of American-Irish multinational, the company has been divided into multiple units. This allows for efficient management. These units include:

Accenture Consulting is responsible to manage business and technology consulting.
Accenture Strategy: This unit is responsible for the company’s technology, operations and business strategy services.
Accenture Operations, another company unit, is responsible for outsourcing business processes, IT services and security as well as managed operations.
Accenture Technology: This unit deals with software research, development, administration, execution, and maintenance.

Apart from all the fascinating facts you now know about Accenture, there is one more thing that is amazing — its workforce population. Accenture employed approximately 6,99,000 people in more than 120 countries.

This firm has large brands such as Unilever, Marriott, and the Royal Shakespeare Company to further bolster its credibility.

Accenture shares were sold for more than $303 per share, and the company’s market capitalization was over US $192.24 Billion as at April 2022.

Oracle

Founder: Larry Ellison. Bob Miner. Ed Oates
CEO: Safra A. Catz
Founded in: 1977
Revenue 40.47 Billion
No. No.
Area served: Worldwide
Headquarters: Santa Clara, California, United States

Oracle, another multinational IT company, is currently ranked among the Top 10 IT Companies in world. After moving from Redwood Shores, it is now based in Austin, Texas. This list includes Oracle, which is among the 10 most advanced IT companies worldwide.

It was established by Bob Miner, Larry Ellison and Ed Oates in Santa Clara California, United States, on 16 June 1977. The CEO is Safra.

The company primarily focuses on design, manufacturing and marketing database software and technology, as well as hardware and cloud-engineered products and business software products. Its brand is database management systems.

Oracle ranked 82nd on the Fortune 500 2018 list of America’s most successful corporations by total revenue.

Services such as consulting (technical, business and expert services), hosting, financing and training in Oracle products via Oracle University are all available to complement Oracle’s products.

Oracle also develops and designs specialized tools for Customer Relationship Management, Supply Chain Management, Business Resource Planning, and database development.

As a retailer business owner, you stand to benefit from Oracle applications such as the Oracle Retail Suite. This suite provides warehouse management and merchandise management. It also allows for invoice matching, price matching, demand forecasting, product financial planning, and invoice matching.

Oracle shares were sold for $74.76 per share, and had a market capitalization exceeding US $199.47 Billion by April 2022.

In 2021, the total revenue of both the IT services firm as well as the company was $40.47 million. It had approximately 132,000 employees in 2021.

SAP

Founder: Dietmar Hopp, Hasso Plattner
CEO: Christian Klein (Oct 2019)
Founded in: 1972
Revenue $29.30 Billion
No. No.
Area Served Worldwide
Headquarters: Weinheim, Germany

SAP is comfortably maintaining the sixth spot on the list for the largest IT companies in the globe.

SAP SE is a leading company in business application software on the IT market. In 1972, Dietmar Hopp (German software engineer) and his associates founded SAP SE in Weinheim, Germany.

The corporation’s headquarters are located in Walldorf, Baden-Wurttemberg (Germany) and its CEO is Christian Klein.

SAP will continue to be a compelling choice among the Top 10 IT Companies in world as long as they keep innovating and pushing the boundaries on being a great company.

German software company offers the best software solutions to manage business activities and build client relationships.

This is the third-largest IT company worldwide and Top 10 IT Companies in World.

The multinational software company also clearly states its target industries. This is another interesting thing. These include financial, service, consumer, process, public, and discrete sectors.

This is not all. It also offers an inclusive product system that accommodates large, medium-sized, and small businesses.

SAP helps all companies, no matter their size, to be at their best. This explains why 77% of revenue transactions around the globe pass through SAP systems.

German company Enterprise Resource Planning (ERP) is its trademark software solution.

ERP is a collection of connected applications that allow businesses to collect, store, manage and analyze data from many business transactions.

SAP IT has more than 425,000 customers across 180 countries. It boasts a workforce that includes 102,400 people in more than 140 countries. The total revenue for the Financial Year 2021 was EUR27.842 million.

SAP SE shares were sold for over $96.44 per share, and had a market capitalization exceeding US $124.55 Billion by April 2022.

TCS

Founder: Tata Sons J. R. D. Tata
CEO: Rajesh Guptathan (Feb 2017).
Founded in: 1968
Revenue 25.07 Billion
No. No.
Area served: Worldwide
Headquarters: Mumbai, India

It is a Tata Group subsidiary and operates in 46 countries. TCS is the largest IT company in the world, as well as one of the top IT service providers for consulting, application development, infrastructure support and business process outsourcing.

TCS is shorthand for Tata Consultancy Services and it is today one of India’s largest IT companies . Rajesh Goinathan, the CEO and Managing Director of TCS, was founded in 1968. It is headquartered in Mumbai in Maharashtra, India.

Indian IT company specializes in IT consulting and services. It is owned by the Tata Group, which has 149 offices in 46 countries. TCS currently ranks among the Top 10 IT Companies in world.

TCS Mastercraft, and TCS BaNCS are two of the most powerful software products from India.

TCS Mastercraft is a collection of products that optimize digital transformation, software development and privacy.

TCS BaNCS, on the other hand, integrates a number of software resources that retail banks use to process their financial transactions.

TCS provides a variety of services including consulting, analytics, insights, IoT and enterprise applications, automation, AI and engineering, as well as provision of cloud infrastructure.

TCS was the most successful Indian IT company (preceded only by Reliance Industries), and reached the $100 billion mark.

The company had more than 592,195 employees across 46 countries as of December 2022 and a net income in excess of US$5.0 million that year and Top 10 IT Companies in World.

TCS shares were sold for more than $47.02 per share, and the company’s market capitalization was over US $169.26 Billion by April 2022

Capgemini

Serge Kampf
CEO: Aiman Ezzat (May 2020)
Founded in: 1967
Revenue $19.09 Billion
No. No.
Headquarters: Paris, France

It is the largest IT outsourcing and professional services company in the world, employing over 325,000 people across 55 countries.

Serge Kampf founded Capgemini on October 1, 1967. It was established solely to provide data processing and enterprise management.

Since 1974, the French multinational company has steadily risen in ranks and made important acquisitions.

Among its most significant acquisitions were CAP, Gemini Computers, New York, DASD Corporation, Wisconsin, USA, Altran and Gemini Computers, both of which were important players in the Top 10 IT Companies in World.

Capgemini is a Top 10 IT Companies in world that specializes in professional services, consulting and outsourcing technology.

French IT services company has more than 325,000 employees in 55 countries, 125,000 of which are Indian.

Capgemini shares were sold for more than $203.86 per share, and the company’s market capitalization was over US $33.09 Billion in April 2022.

Cognizant

Founder: Kumar Mahadeva, Francisco D’Souza
CEO: Brian Humphries (Apr 2019)
Founded in: 1994
Revenue$18.65 Billion
No. No.
Area served: Worldwide
Headquarters: Teaneck, New Jersey, United States

Cognizant was established by Kumar Mahadeva, a Sri Lankan-American, and Francisco D’Souza, his colleague in 1994. Its current headquarters are in Teaneck, New Jersey.

The Top 10 IT Companies in world is an American multinational company. It provides digital products, digital consulting, information security and digital IT services.

The business of the corporation affects three areas: Digital Business, Digital Operations and Digital Systems and Technology.

The company purchased TriZetto Corp, a California-based IT company in healthcare, for $2.7 billion. The Cognizant TriZetto Healthcare Products segment of the company now includes software solutions that assist institutions in improving their cost and quality, member experience, administrative efficiency, and revenue growth.

The complete list contains information on business intelligence, data warehouse, customer relationship management and supply chain management. It also includes testing and outsourcing solutions for research and development. It had 3,30,600 employees as of 2022.

Cognizant shares were sold for $82.84 per share, and had a market capitalization exceeding US $43.45 Billion by April 2022.

Infosys

Founder: N. R. Narayana Murthy, Nandan Nilekani
CEO: Salil Parekh (Jan 2018)
Founded in: 1981
Revenue: US$13 Billion
No. No.
Area served: Worldwide
Headquarters: Bengaluru, India

Infosys is included in our Top 10 IT Companies in world. Infosys is among the Top 10 IT Companies in India.

N.R. Narayana Murthy, co-founder of the company, is its current CEO.

According to the 2021 revenue figures, the company is India’s second largest IT company and the top 10 IT companies after TCS.

Software services, such as maintenance and development, as well independent validation services for manufacturing, financial and insurance institutions, are some of the most important.

Infosys’ Finacle, a universal banking technology, has had a tremendous impact on retail and corporate banking. The tech company had assets of approximately US$14 billion and a net income of US$2.6billion as of 2021.

Infosys shares were sold for over $20.62 per unit and had a market capitalization exceeding US$86.62 Billion Billion by April 2022.

The Future of the Top 10 IT Companies in World

Top 10 IT Companies in World and IT service providers industry continue to be a source of immense gratitude for their enormous contribution to making everyday life easier. Future technologies will be even more efficient than the current technology.

The top IT companies worldwide are likely to remain the dominant players in the IT market for some time, due to their strong market positions and the possession of the most important IT infrastructure.

Note: Ranking Factors Considered For “Top 10 IT Companies in World” (as outlined below:

With the help of both primary and secondary sources, they are ranked among the top 15 IT companies in the world.
Parameters such as revenue, market capital, and total employees are taken into account.
The final ranking is based on FY 2021-22 revenue.

Most Frequently Asked Questions

What are the Top 5 IT Companies in the World?

The top 10 most valuable companies in the IT industry are Microsoft, with $161 billion, followed by HP at second place. Third is IBM, fourth Accenture and fifth is Oracle Corporation.