Tech Giants-Ruling the world of technology
Adesh Chaurasia- Tech Giants
Technology companies have become the most important factor in recent years of economic growth, consumer tastes, and the financial markets. Widely speaking, companies present in the technology sector engage in the research, development, and manufacture of technologically based goods and services. They create software, and design and manufacture computers, mobile devices, and home appliances. They also provide products and services related to information technology.
Let’s take a look at the 10 biggest technology companies.
1. Apple: Hardware, Software, Electronics, Information Technology, etc.
Annual revenue: $274 bln.
Employees: 147,000 people.
Apple is the most valuable company in the tech sector in terms of market cap, which is about 2.169 trillion dollars. It is also the world’s most profitable digital company with annual revenue of $274 billion. Recently, Apple was named the most valuable company in the world among all industries until Saudi Aramco broke into the list in 2019 and moved the digital giant to second place.
The company was established on April 1, 1976, by Steve Wozniak, Ronald Wayne, and Steve Jobs. Their greatest success came when the line of iPhone smartphones and iPad tablets was introduced to the world, which made Apple one of the wealthiest companies ever. Now, the range of Apple products is wide and includes smartwatches, computers, laptops, tablets, smartphones, and more.
2. Microsoft: Software development, Hardware, Electronics, Cloud computing, etc.
Annual revenue: $143 billion
Employees: 163, 000 people.
Microsoft is the second-largest technology company, with market capitalization of more than $1.6 trillion. It is also one of the most expensive companies and brands worldwide. Founded in 1975 by Bill Gates and Paul Allen. They suggested using packaged software for home computers to make PC experience easy, user-friendly, and intuitive. And so, the Windows operating system was born. It brought Microsoft incredible success and huge profits.
3. Amazon Inc: E-commerce, Consumer electronics, Digital distribution, Cloud computing, etc.
Annual revenue: $280.5 billion
Employees: 798,000 people.
Amazon is third in rating by market value. It has the highest employee number in the tech sector as well. Amazon has one of the companies with the most expensive stocks. The price of one Amazon share is more than $3,000.
4. Alphabet Inc: Research and development, software, video games, biotechnology, etc.
Annual revenue: $161 billion
Employees: 119,000 people.
Probably, almost all Internet users have heard about Google at least once. Today, more than thirty popular services and sub-companies are part of the Alphabet Holding. Besides, they own life-extension company Calico or smart home project Nest. Not to mention the Android OS. Also, Alphabet owns the Google Venture division, which invests start-ups, as well as Google Capital for long-term projects.
5. Ten cent: Internet, search engine, social networking, web portals, e-commerce, AI, etc.
Annual revenue: $55 billion.
Employees: 63,000 people.
Established in 1998, is a venture company, a conglomerate, an investment holding, and one of the largest companies in the gaming industry with its “League of Legends,” “Arena of Valor,” and “Fort-nite”.
Author- Adesh Chaurasia
He is an active learner, author and speaker when it comes to the subject of national development through scientific and relational ways. He presents his knowledge about his line of work in such a simple yet engrossing manner that it reaches out to the people so as to enhance their knowledge and put it to good use.