Top 10 technology companies in the world

The world of information technology has never rested on its laurels and has long been known as the most dynamic industry for any country seeking to gain a foothold in the bosom of world leaders. Technology seems to have surpassed human civilization.

The recent spate of big business houses that are heading to online domains to increase their visibility and relevance around the world only shows that technology companies are long past their stage of becoming an industry that will be critical to the future trajectory. In fact, many technology companies have already grown by leaps and bounds. Let's take a look at the top 10 technology companies in the world in 2022.

10. Sony ($67 billion)

From a tape recorder company during World War II to becoming one of the most recognizable technology companies in the world; Sony is anything but a success story that deserves all the praise. The Japanese tech giant, based in the capital Tokyo, has been expanding its reach into every possible form of technology for mass use. Whether it's technology to control telecommunications devices, home entertainment, video games, movies or high-tech TVs and computers, Sony has it all.

9. Dell ($74 billion)

US-based technology company Dell, based in Texas, has climbed the ladder of the world's largest technology company with its recent acquisition of EMC Corporation. The heart of Dell's business is in the US, where it has always been the brand of choice for computers, peripherals, laptops and smartphones. The company, founded by Michael Dell, is also the third largest PC supplier company that also provides computer-related services.

8. IBM ($160 billion)

International Business Machine Corporation or IBM is one of the first names in the history of technology companies to reinvent themselves in changing times. IBM's growth can be attributed to the fact that the world's best minds work in its think tank. The world owes a lot to IBM, the inventors of some of the world's greatest inventions that have served mankind, such as automated teller machines (ATMs), floppy disks, the UPC barcode, magnetic stripe cards, etc. Also known as the "Big Blue", its former employees are the CEO of Apple Inc. Tim Cook, Lenovo CEO Steve Ward, and Alfred Amorso, former chairman of Yahoo!

7. Cisco ($139 billion)

Cisco or Cisco Systems is an all-American technology company that has established itself as one of the most profitable manufacturers of telecommunications and wireless products. Cisco rebranded due to the growing importance of Ethernet in its Human Network campaign. Cisco is also one such technology company that has shown unmatched commitment to its products for VoIP services, computing, broadband, wireless, security and surveillance, and more.

6. Intel ($147 billion)

Although its market value is lower than that of IBM, Intel is still considered a pioneer among technology companies with an unstoppable share of the personal computer microprocessor market. Intel went through a slump in the early 2000s due to the decline of the PC, but they have names like Dell, Lenovo, and HP on their customer list, which shows why Intel has been a tech company for over five decades. Globally, Intel boasts a presence in countries such as China, India, and Israel, which are among 63 other countries outside the US, where the company has established cutting-edge manufacturing facilities with world-class research and development centers.

5. Tencent ($181 billion)

The growth of Chinese multinational technology company Tencent is driven by its billion-dollar worth as an Internet company that is also trusted in the Internet world for its e-commerce and gaming services. The company, which literally means "Soaring Information", provides a popular messaging service such as Tencent QQ, We Chat in its country of birth. Perhaps the biggest challenge Tencent has with various giants has to do with the world of online payments, where Tencent has its own TenPay payment system that enables B2B, B2C and C2C payments both online and offline. . The Soso search engine website and Pai Pai auction site also complement Tencent's diversified business, which many industry insiders believe will take the world by storm.

4. Oracle ($187 billion)

Oracle Corporation made a giant leap in 2015, taking second place behind Microsoft, becoming the second largest software maker. But even before this astounding feat, the company found by Larry Ellison served millions of people around the world with SAP. Oracle is one of the few companies that not only provides software services in its Oracle Cloud division, but also integrated storage systems such as the Exdata database engine and Exalogic Elastic Cloud.

3. Microsoft ($340 billion)

Almost the entire virtual world is indebted to Microsoft, which led the world to believe that its Microsoft Windows line of computing systems would never be replaced by any other OS in the coming years. The institution itself; Microsoft's stronghold is in computer hardware, software, and digital distribution. Microsoft has become a popular choice for many in terms of using the OS due to its clean and user-friendly interface. As a dominant force in the world of computers and laptops, Microsoft also acquired Skype and LinkedIn technologies, which led to its easy transition from office programming to social networking.

2. Alphabet ($367 billion)

Search engine giant Google initiated a major makeover in 2015 by launching Alphabet as its parent company. The company, led by Sundaram Pichai, is the public holding company of Google, which derives most of its revenue from advertising programs, especially Youtube. Alphabet has gained instant attention since its inception with its programs like Google Venture that promote business for startups. On the other hand, there is Google Venture, which acts as the company's investment arm in its long-term projects. Alphabet's revenue grew from $24.22 billion to $24.75 billion in the first quarter of 2017.

1. Apple Inc ($741.6 billion)

There are no prizes for guessing here. Steve Jobs discovered that Apple Inc. is the apple of an eye for every customer and tech aficionado. Apple's product line, such as the iPod, iPhone, Macbook computers, predates its reputation as the architect of the most thought-provoking innovations. Every tech summit around the world looks forward to when Apple Inc. will release its products, which have always defined cutting-edge technology. From a business standpoint, Apple's masterstroke was a paradigm shift from a computer manufacturer to a consumer electronics manufacturer within Apple Inc.; a resurgence under Steve Jobs made Apple the second largest phone maker in terms of units produced.

In this long list of the biggest tech companies, there are companies like Samsung, Panasonic and Toshiba that have dominated the domestic list and have been actively vying for technological dominance in the world. However, the fact remains that at least eight to ten of the world's leading technology companies have their origins in the United States.

Another interesting development was the outsourcing of these companies' businesses to developing countries such as India, Brazil and the Philippines. Rather, most of the aforementioned companies either have their own R&D centers or a well-planned business model to capitalize on extremely consumer markets like India to beautify their business by generating huge revenues. The very fact that such large and globally recognized companies have outsourced their management/operational responsibilities to Indian technicians gives impetus to collective development. Even though China tops the list of countries with the best domestic technological innovation, it also has an open-door technology policy.