Let us look at the 17 most valuable tech companies in the world regarding their achievements, usage rate or the market it covers, their significance, revenue, income, employees, and the huge returns these companies get in no particular order.
Technology is the use of scientific knowledge and skills to develop something. Firstly, it has reduced cost, time, and effort. Secondly, it is expensive to develop technological equipment, but its impacts are remarkable and cost-effective. Technology seems to be the trend in the modern age and will soon take over most countries’ activities.
Apple is one of the biggest, most valuable tech companies globally and is ranked high on the list. Its founder, well known to us as Steve Jobs, is a great asset in making the company ranked. Its headquarters is in the United States of America. The company makes hardware and software. It has developed products like iPhones, iPods, Apple Watches, Macs, and services like iTunes and Apple Pay.
Its revenue stands at 2 trillion. (US News & World Report, 2020).
#2 Microsoft Corporation.
This is also one of the world’s topmost tech companies and has skyrocketed over the past years. Its headquarter is in Redmond, Washington, USA. It has seen several developments in its technology since its formation in 1975 by Bill Gates and Paul Allen.
It offers products and services such as operating systems, Windows OS, search engine Bing, Cloud computing platform, OneDrive, LinkedIn, Skype, and gaming platform.
Its revenue stands at $143.02 as of 2020 and has a $1.61 trillion market cap as of 2019. It has 166,475 employees as of October 2020 and operates in over 120 countries. (Microsoft news, 2020).
Amazon is the world’s vast e-commerce platform in terms of revenue. Founded by Jeff Bezos in 1994, it operates in internet retail, cloud computing, consumer electronics, and digital media/ streaming services.
It prides itself on over 150 million members on its Prime membership platform, which offers digital media streaming services and free shipping.
In 2019, Amazon had over 1,000,000 employees and a real revenue of about $166.03 billion with a $999.33 billion market capacity. (Edoma, 2020).
#4 Facebook – Most valuable tech company
Mark Zuckerberg is the founder. It is an American social media corporation based in California and is the largest and most valuable tech company worldwide. Currently, it has over 2.7 billion monthly active users as of June 2020. It’s also available in 111 languages justifying how great its technology is and how widely it is accepted. (“Facebook,” 2020).
It gained WhatsApp at $19 billion, which now has over 2 billion monthly active users, making it the world’s most significant instant messaging service.
Other services owned by Facebook include Instagram, Messenger, and Oculus.
Its revenue stands at $70.7 billion as of 2019. (“Facebook,” 2020).
#5 Alibaba Group Holdings
The technology company has its involvement in e-commerce, cloud computing, web portals, payment processing services, and other internet infrastructure. (Edoma, 2020). It was founded by Jack Ma in 1999 and has seen many technological improvements.
It has around 117.600 employees worldwide, and its revenue is $287.25. (“Alibaba Group Holding, 2020)
#6 Tencent Holdings.
Tencent is a sprawling Chinese company that is highly dominating in Asia’s technological renaissance. Of all the most valuable tech companies globally, it deals with technologies in gaming, social media, e-commerce, music, and online videos. Its WeChat messaging application, social media, and payment systems have over 1 billion daily active users. Its music streaming platform has over 700 million active users. (Edoma, 2020).
Its revenue in 2019 was 377.3 billion CNY. In 2017, it had a net income of $36.39 and 62,885 employees and still counting. (“Tencent,” 2019).
#7 Google LLC.
Google is widely known to many. Its application coming in handy with mobile phones, computers, and PCs. Being among the top technologies in the information technology industry, it was founded in 1998 in California by Larry Page and Sergey Brin.
Google LLC majors in internet-related products and services. They include online advertising technologies, cloud computing, search engines, artificial intelligence, computer hardware, and software.
It has about 214,096 employees worldwide by 2019. As of 2014, it had total revenue of $66 billion. (Google LLC, 2019)
#8 Samsung Electronics
Samsung was founded in 1938. Its headquarters are at Suwon in South Korea. The company had seen various innovations in its technology to suit the modern world. It deals with electronic products, information technology, mobile communications, and device solutions. (Edoma, 2020)
Its revenue as of 2019 was $233.34 billion. (Edoma, 2020). Samsung displays as it invests $11 billion on QD-OLED.
The alphabet was formed in 2015 as Google’s parent company. Its headquarters being in California. Larry Page and Sergey Brin found it in 2015. The robust efforts of the founders and management made the company be one of the most valuable. It allowed Google to quickly and logically expand into domains outside of internet search and advertising to become a technology conglomerate. (Sharna, 2019)
Its revenue is 169.9 billion as of 2019. (“Alphabet Inc.,” 2020).
#10 Taiwan Semiconductor Manufacturing Company.
It is a multinational semiconductor manufacturing and design company based in Taiwan. The company was founded in 1987 and had its headquarters in Taiwan. The company makes, tests, packages, and sells computer-aided designs of integrated circuits and various semiconductor devices (Edoma, 2020).
Its revenue as of 2018 was $35 billion and is still rising (Edoma, 2020).
#11 Intel Corporation
Intel is based in the US, in California. It’s the world’s largest valued semiconductor chip manufacturer. It was founded 52 years ago. Previously known as NM Electronics, it deals with products such as Microprocessors, Central Processing Units, Integrated Graphics Processing Units, motherboards, mobile phones, modems, Wi-Fi, Bluetooth Chipsets, and flash memory. (Edoma, 2020)
Its revenue as of 2019 was $71.9 billion; net income is $21 billion. The number of employees being 110,800 as of 2020. (“Intel Corporation.”, 2020)
#12 IBM(International Business Machines)
This is a leading cloud platform and cognitive solutions company. It has relentlessly reinvented since 1911. IBM is the most extensive technology and consulting employer in the world. It has over 350,000 employees serving in over 170 countries. For decades IBM has defined the future of information technology with over 3,000 researchers.
As of 2019, it has a $77.24 billion revenue and a net income of 9.43 billion. Its assets being at $ 152.18 billion, the figures justify just how big it is.
The company produced computer hardware, software and provided consulting and hosting services. (IBM, 2020)
#13 Sony Corporation
It’s a conglomerate corporation. The headquarters being in Tokyo, Japan. Sony Corporation has products that include semiconductors, video games, films, music, consumer electronics, and telecommunications equipment. It also offers services such as credit finance, banking, insurance, and other financial services.
It is the largest player in the premium TV market in the world.
The firm has revenue of ¥8.259 trillion, a net income of ¥916.2 billion, and over 114,400 employees (“Sony corporation,” 2020).
#14 Foxconn Technology Group
It is in Taiwan and is among the largest providers of electronic manufacturing services. (Mike, 2020) It’s also the third in rank of the most valuable tech companies globally in terms of revenue. The group is also one of the largest employers worldwide. It was founded in 1974.
Foxconn Technology Group is competently recognized for electronics, electronic components, and computer chips instead of other most valuable tech companies in the world. Some of its products include Nokia devices, Playstation 3 and 4, Xbox One, iPhone, kindle other CPU devices. (“Foxconn,” 2019)
Its revenue by 2019 was $5.33 trillion, with its net income at $132.19 billion. (Foxconn, 2019)
It was founded in 1958 and is also based in the US. It is known for facilitating electronic fund transfers across the globe through credit cards, debit cards, and prepaid cards. In 2014, its global network VisaNet processed 100 billion transactions, which contributed $6.8 trillion. (“Visa,” 2019)
Interscope of employees as of 2019 was 19,500. The company’s revenue is $22.97 billion, and the net income at $12.08 billion. (2019 Annual Report pdf)
Its headquarters are in the US, in particular New York, and was founded in 1979. Like Visa, it deals with financial services worldwide using credit, debit, and prepaid cards. It processes payments between the bank of merchants and that of purchasers.
In 2009, its revenue stood at $16.88 billion, the net income being $8.12 billion, and the number of employees eighteen thousand six hundred. (MasterCard Incorporated 2019 Annual Report, February 2020.)
#17 Cisco Systems
You have probably heard of Cisco somewhere and especially as a professional course on the campus for computer-related courses. As you have had an inkling of what it is, I can confirm that it relates to computers.
Among the most valuable tech companies globally, it is a partnership that designs and sells telecommunications equipment, networking software, hardware, and other high-technology products and services.
Last year, the firm had $51.90 billion, a net income of $ 11.62 billion, and about 75,900 employees.
This year the Fortune Magazine ranked it 4th in their annual list of 100 best companies to Work For.
As of 2020, the market capitalization of Cisco is $151 billion. (“Cisco, ” 2020)
The above most valuable tech companies in the world are leveraged in innovations to make it to the top. They have seen a series of reinventions coming up with new technologies to suit our modern needs. Thus companies eyeing to be at the top should consider inventions and innovations.
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