Do you know the Biggest Tech Companies in the World and the largest Tech Companies in the world? The technology industry holds a substantial share of the global market, accounting for approximately 35% of the total market with Projections showing that global IT spending will reach $4.6 trillion in 2023.
This significant presence reflects the growing reliance on technology in various aspects of our lives. The sector’s consistent growth is evident as well, with a projected growth rate of 5.3% for the year 2022.
To grasp the magnitude of this industry, consider the sheer number of tech companies. In the United States alone, there are over 500,000 technology companies, each playing a vital role in driving innovation and advancing technological frontiers. Among these, Silicon Valley stands tall as a hub of innovation, hosting over 6,600 tech companies and the U.S. tech industry is expected to have a CAGR of 5% through 2024.
These statistics highlight the prominence and impact of the technology sector on a global scale.
This article hence uncovers the 25 Biggest Tech Companies and their contributions to our digital evolution.
25 Biggest Tech Companies in the World
The market capitalization and revenue in this article are based on companiesmarketcap.com data.
| Nr. | Biggest Tech Companies | Founded | Market Capitalization |
| 1 | IBM | Jun 16, 1911 | $121.50 Billion (As of July 2023) |
| 2 | Samsung Group | Mar. 1, 1938 | $363.69 Billion (As of July, 2023) |
| 3 | Broadcom Inc | Sep. 15, 1991 | $357.97 Billion (As of July 2023) |
| 4 | Capgemini | Oct. 1, 1967 | $33.07 Billion (As of July 2023) |
| 5 | Intel | Jul 18, 1968 | $139.47 Billion (As of July 2023) |
| 6 | SAP | Apr 1, 1972 | $159.92 Billion (As of July 2023) |
| 7 | Microsoft | Apr 4, 1975 | $2.532 Trillion (As of July 2023) |
| 8 | Apple | Apr 1, 1976 | $3.050 Trillion (As of July 2023) |
| 9 | Oracle Corporation | Jun 16, 1977 | $323.24 Billion (As of July 2023) |
| 10 | Adobe | Dec 1982 | $224.29 Billion (As of July 2023) |
| 11 | Intuit | 1983 | $128.32 Billion (As of July 2023) |
| 12 | Cisco Systems | Dec 10, 1984 | $210.84 Billion (As of July 2023) |
| 13 | Synopsys | 1986 | $66.25 Billion (As of July 2023) |
| 14 | Accenture | 1989 | $194.80 Billion (As of July 2023) |
| 15 | Amazon | July 5, 1994 | $1.337 Trillion (As of July 2023) |
| 16 | VMware | 1998 | $61.83 Billion (As of July 2023) |
| 17 | Tencent Holding | Nov. 11, 1998 | $407.56 Billion (As of July 2023) |
| 18 | Salesforce | Feb, 1999 | $205.76 Billion (As of July 2023) |
| 19 | Tesla | July, 2003 | $829.67 Billion (As of July 2023) |
| 20 | Meta Platforms | Feb, 2004 | $735.45 Billion (As of July 2023) |
| 21 | Shopify | 2006 | $82.62 Billion (As of July 2023) |
| 22 | Uber Technologies Inc. | March, 2009 | $87.36 Billion (As of July 2023) |
| 23 | Atlassian | 2002 | $43.12 Billion (As of July 2023) |
| 24 | Zoom Video Comm.. | 2011 | $20.19 Billion (As of July 2023) |
| 25 | Alphabet | March 2009 | $1.530 Trillion (As of July 2023) |
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1. IBM:
The company (International Business Machines Corporation) is an American multinational technology company that provides a wide range of hardware, software, and services. It was founded by Charles Ranlett Flint on June 16, 1911. IBM’s origins can be traced back to the merger of several companies, including the Computing-Tabulating-Recording Company (CTR) and the International Time Recording Company. Under the leadership of Charles Flint, these companies came together to form the Computing-Tabulating-Recording Company (CTR) in 1911.
IBM as one of the biggest tech companies in the world has today expanded into various areas, including software development, semiconductors, consulting services, and cloud computing. The company has been at the forefront of technological advancements, with notable contributions in areas like artificial intelligence, data analytics, and quantum computing.
| Popular Products | Automation, robotics, artificial intelligence, cloud computing, consulting, blockchain, computer hardware, software, quantum computing |
| Market Capitalization | $121.50 Billion (As of July 2023) |
| Revenue: | $60.58 B (As of July 2023) |
2. Samsung Group:
It is a South Korean multinational conglomerate that was founded on March 1, 1938, and is one of the biggest tech companies in the world. It was established by Lee Byung-chul as a trading company in the city of Daegu, in what is now South Korea. Over the years, Samsung Group has grown into one of the world’s largest and most influential companies.
Initially, Samsung was involved in trading activities such as food processing, textiles, and retail. However, in the 1960s, the company diversified its business interests and ventured into areas such as shipbuilding, electronics, and construction. Samsung Electronics, the group’s flagship subsidiary, played a crucial role in driving its success and growth.
Samsung Electronics has become particularly renowned for its consumer electronics products, including smartphones, televisions, home appliances, and semiconductors.
Samsung Group now consists of various subsidiaries operating in sectors such as electronics, shipbuilding, construction, engineering, financial services, and has grown wide to become one of the biggest tech companies in the world.
| Popular Products | Smartphones, televisions, and other tech devices |
| Market Capitalization | $363.69 Billion (As of July, 2023) |
| Revenue: | $218.04 B (As of July 2023) |
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3. Broadcom Inc.:
Broadcom Inc. is an American multinational semiconductor and infrastructure software company and one of the biggest tech companies in the world. It was founded on September 15, 1991, by Henry Samueli and Henry Nicholas III. The company’s headquarters are located in San Jose, California.
Broadcom started as a fabless semiconductor company, meaning it designs and markets semiconductors but outsources their manufacturing. Initially, the company focused on developing and supplying integrated circuits for networking and communications applications.
In its early years, Broadcom experienced rapid growth and success by introducing innovative solutions in the field of broadband communications. The company played a significant role in the development of technologies such as Ethernet, Wi-Fi, and Bluetooth. Broadcom’s products include a wide range of semiconductors, including system-on-a-chip (SoC) solutions, network processors, wireless connectivity solutions, and more.
It has expanded its portfolio through acquisitions and strategic partnerships, enabling it to offer a broader range of products and services. Broadcom has continued to evolve and adapt to emerging technologies, including advancements in wireless connectivity, internet of things (IoT), artificial intelligence (AI), and 5G. With its extensive product portfolio and technological expertise, Broadcom is considered one of the leading semiconductor companies in the world.
| Popular Products | Symantec Enterprise Cloud, Rally Software |
| Market Capitalization | $357.97 Billion (As of July 2023) |
| Revenue: | $34.41 B (As of July 2023) |
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4. Capgemini:
It is a global consulting, technology services, and digital transformation company. It was founded on October 1, 1967, by Serge Kampf in Grenoble, France. The company is headquartered in Paris, France, and operates in over 50 countries.
Capgemini provides a wide range of services, including consulting, technology services, and digital transformation. Its services encompass areas such as strategy and transformation, application development and management, infrastructure services, cloud computing, cybersecurity, and customer experience management.
Capgemini has grown to be one of the biggest tech companies in the world, both organically and through strategic acquisitions, expanding its global presence and industry reach. It serves clients across various sectors, including financial services, manufacturing, automotive, telecommunications, energy, and utilities. The company has a workforce of over 300,000 employees worldwide, making it one of the largest consulting and IT services companies globally.
| Popular Subsidiaries | Tessella, Sogeti |
| Market Capitalization | $33.07 Billion (As of July 2023) |
| Revenue: | $23.55 B (As of July 2023) |
5. Intel:
Intel Corporation, commonly known as Intel, is an American multinational technology company that designs and manufactures semiconductors, processors, and other computer-related technologies. It was founded by Robert Noyce and Gordon Moore on July 18, 1968 and today, it is one of the biggest tech companies in the world.
The company’s origins can be traced back to the founding of Fairchild Semiconductor in 1957, where Robert Noyce and Gordon Moore were key contributors. In 1968, Noyce and Moore, along with Andrew Grove and others, left Fairchild Semiconductor to start their own company. They named it Intel, a combination of the words “integrated” and “electronics.”
Intel’s breakthrough came with the launch of the Intel 8086 microprocessor in 1978, which set a new standard for personal computer CPUs. Subsequent releases, such as the Intel 80286, 80386, and 80486 processors, solidified Intel’s dominance in the market.
Beyond microprocessors, Intel has expanded into other areas such as chipsets, network interface controllers, solid-state drives (SSDs), and graphics processing units (GPUs). The company’s technologies are used in a wide range of devices, including personal computers, servers, mobile devices, and embedded systems.
Intel has played a pivotal role in shaping the technology industry and has been a driving force behind the advancement of computing capabilities. Its processors and technologies have powered countless devices and have been instrumental in enabling technological progress across various sectors.
As of recent years, Intel has been focusing on advancing its manufacturing processes, exploring new technologies like artificial intelligence, and expanding into emerging areas such as autonomous vehicles and Internet of Things (IoT) devices. The company remains a major player in the semiconductor industry, driving innovation and contributing to the evolution of computing technology.
| Popular Products | Microprocessors, chipsets, motherboards, flash memory, communications infrastructure components, and more |
| Market Capitalization | $139.47 Billion (As of July 2023) |
| Revenue: | $56.41 B (As of July 2023) |
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6. SAP:
SAP (Systems, Applications, and Products in Data Processing) is a German multinational software corporation specializing in enterprise software solutions. It was founded by five former IBM employees: Dietmar Hopp, Hasso Plattner, Claus Wellenreuther, Klaus Tschira, and Hans-Werner Hector. The company was established on April 1, 1972, with its headquarters located in Walldorf, Germany. It is also one of the largest and biggest tech companies in the world.
Originally, SAP focused on developing and selling software for financial accounting systems. However, over the years, the company expanded its product offerings and became a leading provider of enterprise resource planning (ERP) software and other business solutions.
SAP’s flagship product, SAP ERP, enables organizations to manage and integrate key business processes such as finance, human resources, procurement, manufacturing, sales, and more. The company also offers a wide range of software solutions for various industries, including customer relationship management (CRM), supply chain management (SCM), business intelligence (BI), and data management.
It’s software solutions are designed to help businesses streamline their operations, improve efficiency, and gain actionable insights from their data. The company has been at the forefront of technological advancements, including cloud computing, in-memory computing, and analytics.
SAP has a global presence and serves customers across multiple sectors, including manufacturing, retail, healthcare, financial services, and public sector organizations. The company has grown through organic development as well as strategic acquisitions, expanding its product portfolio and market reach.
| Popular Products | SAP S/4HANA Cloud |
| Market Capitalization | $159.92 Billion (As of July 2023) |
| Revenue: | $32.70 B (As of July 2023) |
7. Microsoft:
Microsoft Corporation is a multinational technology company based in Redmond, Washington, United States. It was founded by Bill Gates and Paul Allen on April 4, 1975 and it is one of the biggest tech companies in the world. Microsoft is one of the world’s largest and most influential technology companies, known for its software products and services.
The company gained prominence with the development of the Microsoft Disk Operating System (MS-DOS), which became the standard operating system for IBM-compatible personal computers in the 1980s. This success was followed by the release of Microsoft Windows in 1985, which further solidified Microsoft’s position in the computer software market.
Microsoft has since expanded its product portfolio to include a wide range of software, hardware, and services. Its flagship products include the Microsoft Office suite, which consists of applications like Word, Excel, and PowerPoint, and the Windows operating system for personal computers.
In addition to software, Microsoft has made significant contributions to the gaming industry with its Xbox gaming consoles and Xbox Live online gaming platform. The company also offers cloud computing services through its Azure platform, providing businesses with scalable infrastructure and various other cloud-based solutions.
| Popular Products | Microsoft, MS Office, Microsoft Teams, Visual Studio |
| Market Capitalization | $2.532 Trillion (As of July 2023) |
| Revenue: | $207.59 B (As of July 2023) |
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8. Apple:
Apple Inc. is a multinational technology company based in Cupertino, California, United States. It was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976 and one of the biggest tech companies in the world.. The company is renowned for designing, developing, and selling a wide range of consumer electronics, software, and online services.
Apple initially gained popularity with the release of the Apple II, one of the first successful personal computers, in the late 1970s. However, it was the introduction of the Macintosh in 1984 that established Apple as a leading innovator in the computer industry.
Over the years, Apple has introduced iconic products that have revolutionized various industries. The launch of the iPod portable music player in 2001 changed the way people listen to music, while the iPhone, introduced in 2007, transformed the mobile phone industry and paved the way for the smartphone era. The iPad, released in 2010, redefined the tablet market, and Apple Watch brought innovation to the realm of wearable technology.
Apple’s success is not only attributed to its hardware but also to its software and services. The Mac operating system (macOS), iOS for iPhones and iPads, and other software offerings such as iTunes, iWork, and Final Cut Pro have played a significant role in its growth.
| Popular Products | iPhone, Macbook, iPad, Apple Watch, AirPods, MacOS, Ios, Apple TV… |
| Market Capitalization | $3.050 Trillion (As of July 2023) |
| Revenue: | $385.09 B (As of July 2023) |
9. Oracle Corporation:
Oracle Corporation is an American multinational computer technology corporation specializing in database software and cloud services. It was founded by Larry Ellison, Bob Miner, and Ed Oates. The company’s origins date back to June 16, 1977, when it was initially incorporated as Software Development Laboratories (SDL) by Larry Ellison and his colleagues.
Oracle has expanded its product offerings beyond databases and developed a comprehensive suite of enterprise software solutions, including customer relationship management (CRM), enterprise resource planning (ERP), supply chain management (SCM), human capital management (HCM), and more.
Oracle has also made significant investments in cloud computing, offering a range of cloud-based services and platforms, including infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). The company has positioned itself as a leading provider of cloud-based solutions for businesses of all sizes.
In addition to software products, Oracle provides hardware systems, such as servers and storage, designed to work seamlessly with its software offerings. The company has also made strategic acquisitions to expand its portfolio and capabilities, including the acquisition of Sun Microsystems in 2010. Today, it is recognized as one of the largest and biggest tech companies.
| Popular Products | Oracle Cloud, Java, MySQL, Oracle Linux |
| Market Capitalization | $323.24 Billion (As of July 2023) |
| Revenue: | $47.95 B (As of July 2023) |
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10. Adobe:
Adobe Inc. is an American multinational computer software company known for its creative software solutions and digital experience platforms. It was founded by John Warnock and Charles Geschke. The company’s origins can be traced back to December 1982 when Warnock and Geschke left Xerox PARC (Palo Alto Research Center) and founded Adobe Systems Incorporated.
In 1985, Adobe released its first commercial product, Adobe Illustrator, a vector graphics editor that became widely popular in the design community. This was followed by the launch of Adobe Photoshop in 1987, which quickly became the industry-standard image editing software.
Adobe expanded its product portfolio and created different creative software, such as Adobe InDesign, Adobe Premiere Pro, Adobe After Effects, and Adobe Dreamweaver, among others over the years. These products cater to professionals in areas such as graphic design, video editing, web development, and digital marketing.
In recent years, Adobe has also shifted its focus to digital experience solutions. The company offers platforms like Adobe Experience Manager, Adobe Experience Cloud, and Adobe Analytics, which help businesses create and deliver personalized, engaging, and data-driven digital experiences across multiple channels. Even more recently, it has integrated AI into some of its products.
| Popular Products | Adobe Acrobat, Adobe Photoshop, Adobe Creative Cloud |
| Market Capitalization | $224.29 Billion (As of July 2023) |
| Revenue: | $17.99 B (As of July 2023) |
11. Intuit:
Intuit Inc. is an American financial software company that specializes in providing financial management, accounting, and tax preparation solutions for individuals and small businesses. It was founded by Scott Cook and Tom Proulx. The company was established in 1983 and is headquartered in Mountain View, California.
Intuit’s journey began with the development of Quicken, a personal finance management software that allowed users to track their finances and manage their budgets. Quicken quickly gained popularity and became one of the leading personal finance software applications in the market. Building on the success of Quicken, Intuit expanded its product offerings and introduced QuickBooks in 1989.
Over the years, Intuit further expanded its product portfolio to include other software solutions. This includes TurboTax, a tax preparation software that simplifies the process of filing taxes for individuals and small businesses. TurboTax became a trusted and widely used software solution for tax preparation.
Intuit’s commitment to innovation and customer-centric approach led to the introduction of additional products and services, such as Mint (a personal finance and budgeting app) and QuickBooks Online (a cloud-based accounting software for small businesses).
| Popular Products | QuickBooks, TurboTax, Mint |
| Market Capitalization | $128.32 Billion (As of July 2023) |
| Revenue: | $14.07 B (As of July 2023) |
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12. Cisco Systems:
Cisco Systems, Inc. is an American multinational technology company specializing in networking hardware, software, and services. It was founded by Leonard Bosack and Sandy Lerner. The company was established in December 1984 and is headquartered in San Jose, California.
Cisco initially focused on manufacturing routers, switches, and other networking equipment for local area networks (LANs) and wide area networks (WANs). The company’s products became essential building blocks of the emerging internet infrastructure, supporting the growing demand for connectivity.
Cisco has since expanded its product portfolio to include a wide range of networking solutions, such as network security, wireless technology, data center infrastructure, collaboration tools, and cloud-based services. The company also provides software-defined networking (SDN) solutions and has made significant advancements in areas like Internet of Things (IoT) and 5G technologies.
| Popular Products | Cisco ONE, Cisco DNA, Cisco+ |
| Market Capitalization | $210.84 Billion (As of July 2023) |
| Revenue: | $54.89 B (As of July 2023) |
13. Synopsys:
Synopsys, Inc. is an American electronic design automation (EDA) company specializing in software and semiconductor intellectual property (IP). It was founded by Dr. Aart J. de Geus and a group of engineers in 1986. The company’s headquarters are located in Mountain View, California.
Over the years, Synopsys expanded its product portfolio to offer a comprehensive suite of EDA tools, including solutions for logic synthesis, simulation, formal verification, physical design, and signoff. The company also developed a broad range of semiconductor IP, enabling customers to accelerate the development of their ICs.
As the semiconductor industry evolved, Synopsys continued to innovate and adapt to emerging technologies, such as system-on-chip (SoC) design, automotive electronics, artificial intelligence (AI), and internet of things (IoT). The company also expanded its expertise in software security, helping organizations address the challenges of developing secure and reliable software applications.
| Industry | Electronic Design & Verification |
| Market Capitalization | $66.25 Billion (As of July 2023) |
| Revenue: | $5.28 B (As of July 2023) |
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14. Accenture:
Accenture is a multinational professional services company providing a wide range of consulting, technology, and outsourcing services. It was founded on January 1, 1989, as Andersen Consulting by a group of partners from the consulting division of Arthur Andersen.
The formation of Andersen Consulting was driven by the desire to create a separate entity focused on management consulting services. The company aimed to provide clients with strategic insights, business transformation solutions, and technology implementation support.
In 2001, Andersen Consulting changed its name to Accenture following a legal dispute with its parent company, Arthur Andersen, which was involved in the Enron scandal. The name “Accenture” was chosen from a pool of suggestions and is a combination of “accent” and “future,” reflecting the company’s commitment to helping clients achieve high performance and navigate the rapidly changing business landscape.
Accenture has evolved over the years to become one of the world’s largest consulting and professional services firms. The company operates across various industries, including technology, communications, financial services, healthcare, consumer goods, and more.
| Industry | IT |
| Market Capitalization | $194.80 Billion (As of July 2023) |
| Revenue: | $63.14 B (As of July 2023) |
15. Amazon:
Amazon.com, Inc., commonly known as Amazon, is an American multinational technology company specializing in e-commerce, cloud computing, digital streaming, and artificial intelligence. It was founded by Jeff Bezos on July 5, 1994.
Over the years, Amazon transformed into a global e-commerce powerhouse, with an extensive network of fulfillment centers and a vast selection of products available to customers worldwide. The company also launched its own line of consumer electronics, such as the Kindle e-reader and Echo smart speaker, as well as various digital services like Amazon Prime Video and Amazon Music.
In addition to e-commerce, Amazon has made significant advancements in cloud computing through its subsidiary Amazon Web Services (AWS). AWS provides a comprehensive suite of cloud-based services, including storage, computing power, databases, and machine learning tools, powering a wide range of businesses and applications.
Amazon’s commitment to innovation led to ventures into other industries as well. This includes acquisitions in areas like grocery retail (Whole Foods Market), smart home technology (Ring), and entertainment (Amazon Studios).
As of today, Amazon is one of the world’s most valuable companies, serving millions of customers globally and employing a large workforce. The company continues to innovate and expand its offerings, leveraging emerging technologies and pursuing new ventures to maintain its position as a leader in the digital marketplace.
| Popular Products | Amazon Store, Amazon Prime, Amazon Web Services (AWS), Alexa, Twitch, Goodreads |
| Market Capitalization | $1.337 Trillion (As of July 2023) |
| Revenue: | $524.89 B (As of July 2023) |
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16. VMware:
VMware, Inc. is an American software company specializing in virtualization and cloud computing technologies. It was founded by Diane Greene, Mendel Rosenblum, Scott Devine, Edward Wang, and Edouard Bugnion in 1998.
Over the years, VMware further advanced its virtualization technologies, including the introduction of VMware vSphere, a comprehensive suite of virtualization and cloud infrastructure products. vSphere enabled businesses to build and manage virtualized environments, providing agility, scalability, and enhanced resource utilization. VMware has also extended its reach into the cloud computing arena with VMware Cloud, enabling organizations to seamlessly integrate public and private cloud environments and migrate workloads between them. VMware has expanded its offerings to include software-defined networking, storage, and security solutions. The company’s innovations in hybrid cloud, multi-cloud, and containerization technologies have further solidified its position as a key player in the evolving IT landscape.
| Popular Products | VMware vSphere |
| Market Capitalization | $61.83 Billion (As of July 2023) |
| Revenue: | $13.34 B (As of July 2023) |
17. Tencent Holding:
Tencent Holdings Ltd. is a Chinese multinational conglomerate and one of the world’s largest technology companies. It was founded by Ma Huateng (also known as Pony Ma) and Zhang Zhidong in November 1998. Ma Huateng, along with his co-founder Zhang Zhidong, started Tencent with the vision of creating an internet-based platform that would provide a wide range of digital services to Chinese users. The company’s initial focus was on internet value-added services, such as instant messaging and online gaming.
Tencent’s instant messaging service, known as Tencent QQ, quickly gained popularity and became one of the most widely used platforms in China. It provided users with the ability to communicate, share files, play games, and more.
Tencent has since expanded its offerings to include a diverse portfolio of internet-based services and products. This includes WeChat, a mobile messaging app that has evolved into a multi-purpose platform, offering features like social networking, mobile payments, online shopping, and mini-programs.
Tencent’s success also extends to the online gaming industry. The company has developed and published numerous popular video games, both domestically and internationally. Tencent is known for its investments in various gaming companies, including Riot Games (League of Legends), Supercell (Clash of Clans), and Epic Games (Fortnite).
| Popular Products | Wechat, Wechat Pay, QQ, Tencent News, Moments, QQ Music, Riot Games Tencent Pictures, and so on |
| Market Capitalization | $407.56 Billion (As of July 2023) |
| Revenue: | $82.03 B (As of July 2023) |
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18. Salesforce:
Salesforce is an American cloud-based software company specializing in customer relationship management (CRM) solutions. It was founded by Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez in March 1999. Salesforce introduced its flagship product, Salesforce CRM, which offered a cloud-based platform for sales, service, marketing, and analytics. The software provided organizations with a unified view of their customers, streamlining sales processes, improving customer service, and enhancing overall customer experience.
The company adopted a subscription-based model, pioneering the software-as-a-service (SaaS) approach, where customers pay for access to the software on a recurring basis rather than purchasing and installing software on their own servers. As Salesforce grew, it expanded its product portfolio to include a range of cloud-based solutions. This includes Salesforce Service Cloud, Salesforce Marketing Cloud, Salesforce Commerce Cloud, and Salesforce Platform, among others. These solutions cater to various business needs, allowing organizations to manage customer interactions, automate workflows, and analyze data to drive business growth.
| Popular Products | Customer 360, Slack, Tableau |
| Market Capitalization | $205.76 Billion (As of July 2023) |
| Revenue: | $31.35 B (As of July 2023) |
19. Tesla:
Tesla, Inc. is an American electric vehicle and clean energy company. It was founded by Martin Eberhard and Marc Tarpenning in July 2003. It is also one of the biggest tech companies in the world, However, the company is more widely associated with its subsequent co-founder and CEO, Elon Musk, who joined the company shortly after its founding.
The company focused on developing advanced electric powertrain technology, including high-performance batteries and electric motors.Tesla gained significant attention with the release of its first production vehicle, the Tesla Roadster, in 2008. The Roadster, based on a Lotus sports car platform, was the first highway-legal electric vehicle with long-range capabilities and impressive acceleration. It showcased the potential of electric vehicles and challenged the prevailing notion that EVs were only practical for short distances.
Following the success of the Roadster, Tesla expanded its lineup to include more affordable models. The Model S, introduced in 2012, was a luxury electric sedan that received critical acclaim for its range, performance, and technological innovations. This was followed by the Model X, an electric SUV, in 2015, and the Model 3, a more affordable compact sedan, in 2017. Tesla continued to refine its technology and manufacturing processes to increase production volumes and drive down costs.
In addition to its electric vehicles, Tesla ventured into other areas of clean energy and sustainable solutions. The company developed energy storage systems, such as the Powerwall and Powerpack, to store renewable energy for homes and businesses. It also became a major player in the solar energy industry through its acquisition of SolarCity, offering solar panels and solar roof tiles.
| Popular Products | Model 3, Model S, Model X, Model Y, SemiPowerwall, Powerpack, and MegapackSolar panels, Solar Roof, and more |
| Market Capitalization | $829.67 Billion (As of July 2023) |
| Revenue: | $86.03 B (As of July 2023) |
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20. Meta Platforms:
Meta Platforms, Inc., previously known as Facebook, Inc., is an American social media and technology company. It was founded by Mark Zuckerberg, along with his college roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, on February 4, 2004.
Originally started as a social networking platform exclusively for Harvard University students, Facebook quickly expanded to other universities and eventually opened up to the general public. The platform gained significant popularity due to its user-friendly interface, features for connecting with friends and family, and the ability to share photos, videos, and updates.
Facebook’s rapid growth and widespread adoption led to its transformation into a global social media giant. The company launched various features and products over the years to enhance user experience, including the introduction of the News Feed, Messenger, Groups, Events, and Marketplace.
In addition to its flagship platform, Meta Platforms expanded its portfolio by acquiring several other companies. Notable acquisitions include Instagram, a popular photo-sharing app, acquired in 2012, and WhatsApp, a widely used messaging platform, acquired in 2014. These acquisitions further strengthened Facebook’s position in the social media landscape.
In October 2021, Facebook rebranded itself as Meta Platforms, signaling a strategic shift towards building a metaverse, a virtual reality (VR) and augmented reality (AR) space where users can interact and engage in immersive experiences.
| Popular Products | Facebook, Instagram, WhatsApp, Messenger |
| Market Capitalization | $735.45 Billion (As of July 2023) |
| Revenue: | $117.34 B (As of July 2023) |
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21. Shopify:
Shopify is a Canadian e-commerce company that provides a platform for businesses to create and manage their online stores. It was founded by Tobias Lütke, Daniel Weinand, and Scott Lake in 2006.
Shopify’s goal was to simplify the process of setting up and managing an online store, allowing entrepreneurs and small businesses to establish a professional online presence without requiring extensive technical expertise. The platform provided users with a range of tools and features for website customization, product management, secure payment processing, inventory management, and order fulfillment. It also offered integration with various third-party services and marketplaces, enabling businesses to expand their reach and streamline operations.
As on of the largest and biggest tech companies, shopify gained popularity among entrepreneurs, artists, and small businesses due to its intuitive interface, scalability, and extensive app ecosystem. The company’s focus on user experience and customer support helped it attract a significant user base.
| Industry | : E-commerce |
| Market Capitalization | $82.62 Billion (As of July 2023) |
| Revenue: | $5.90 B (As of July 2023) |
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22. Uber Technologies Inc.:
Uber Technologies Inc., commonly known as Uber, is an American technology company that operates a ride-hailing platform connecting drivers and passengers. It was founded by Travis Kalanick and Garrett Camp in March 2009 and it is one of the biggest tech companies in the world. Uber’s platform revolutionized the transportation industry by leveraging technology to create a seamless experience for riders and drivers. The company’s smartphone app connected passengers with available drivers, offering a more convenient and efficient alternative to traditional taxis.
Uber’s success spread rapidly as it expanded to various cities around the world. The company introduced innovative features like upfront pricing, cashless payments, and the ability to rate both drivers and passengers, which enhanced the overall ride experience and built a sense of trust and accountability.
In addition to its flagship ride-hailing service, Uber has diversified its offerings. It launched Uber Eats in 2014, a food delivery service that connects users with local restaurants and couriers. The company also ventured into other forms of transportation, including shared rides (UberPOOL), electric bikes and scooters (Uber Jump), and public transit integration.
| Popular Products | Uber, Uber Eats |
| Market Capitalization | $87.36 Billion (As of July 2023) |
| Revenue: | $33.84 B (As of July 2023) |
23. Atlassian:
Atlassian Corporation Plc is an Australian enterprise software company that provides a range of products and services to help teams collaborate and work more efficiently. It was founded by Mike Cannon-Brookes and Scott Farquhar in 2002 and has today grown to be one of the biggest tech companies in the world.
The company’s first product was Jira, a project management and issue tracking software. Jira gained popularity among software development teams due to its flexibility, customizability, and ability to track and manage tasks, bugs, and project workflows. Over the years, Atlassian expanded its product portfolio to include other software development and collaboration tools. This includes Confluence, a team collaboration and knowledge management platform; Bitbucket, a code hosting and version control repository; and Trello, a visual project management tool, among others.
In addition to its software offerings, Atlassian emphasizes a culture of innovation, transparency, and employee empowerment. The company has received recognition for its workplace culture and has been consistently ranked as one of the best places to work. Atlassian went public in 2015 with its initial public offering (IPO) on the NASDAQ, further fueling its growth and expanding its reach in the global market.
| Industry | E-commerce |
| Market Capitalization | $43.12 Billion (As of July 2023) |
| Revenue: | $3.35 B (As of July 2023) |
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24. Zoom Video Communications:
Zoom Video Communications is an American communication technology company that provides video conferencing and online meeting services. It was founded by Eric Yuan in April 2011 and is one of the biggest tech companies in the world.
Eric Yuan, a former executive at the video conferencing company WebEx, identified the need for a more reliable and user-friendly video conferencing platform. Frustrated by the limitations of existing solutions, he set out to create a high-quality video conferencing experience that would be accessible to anyone, anywhere. Zoom gained significant popularity due to its user-friendly interface, high-definition video and audio quality, and robust features. It offered features like screen sharing, virtual backgrounds, chat messaging, and the ability to record meetings. The platform’s scalability and reliability made it an attractive choice for individuals, businesses, and educational institutions.
As one of the biggest tech companies, it has experienced substantial growth, particularly in recent years, driven by the increased demand for remote work and online collaboration tools. The COVID-19 pandemic further accelerated Zoom’s adoption, as it became a vital communication tool for remote work, virtual classrooms, and social interactions. Zoom’s success can be attributed to its focus on user experience, continuous innovation, and commitment to security and privacy. The company has made efforts to address security concerns, implement encryption, and provide controls for meeting hosts to manage participant access and interactions.
| Industry | Communication Platform |
| Market Capitalization | $20.19 Billion (As of July 2023) |
| Revenue: | $4.42 B (As of July 2023) |
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25. Alphabet:
Alphabet Inc. is a multinational conglomerate that was founded on October 2, 2015, and is one of the biggest tech companies in the world. It was established as a restructuring of Google, the renowned internet search engine company. Larry Page and Sergey Brin, the co-founders of Google, announced the creation of Alphabet as a holding company to encompass Google and its various subsidiaries.
Alphabet was created with the intention of allowing Google to focus on its core internet-related businesses while other ventures and projects could operate as separate entities under the Alphabet umbrella. Larry Page became the CEO of Alphabet, while Sundar Pichai became the CEO of Google.
Under Alphabet, Google continued to be the most prominent subsidiary, encompassing search, advertising, and various internet services. Additionally, Alphabet oversaw other subsidiaries such as Waymo (autonomous driving technology), Verily (life sciences and healthcare), and X Development (moonshot projects), among others.
The restructuring allowed Alphabet to have a more diversified portfolio and to explore and invest in emerging technologies and industries beyond its core internet search business. This strategic move gave Alphabet the flexibility to nurture and expand its ventures while maintaining a focus on innovation and long-term growth.
| Popular Products | Android, Google, YouTube |
| Market Capitalization | $1.530 Trillion (As of July 2023) |
| Revenue: | $284.61 B (As of July 2023) |
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