In 2021, the tech industry is expected to be worth $5 trillion. Leading IT businesses are increasing their investments in artificial intelligence, robotics, and augmented reality, which are thought to be the future of the technological revolution. As the pandemic has hastened the global computer revolution, digital operations have become more important than ever. The US tech market is one of the world’s largest, accounting for over a third of worldwide tech market share. According to Gartner, the Big Five firms are continually increasing their positions. In June 2021, Apple Inc. reached a market capitalization of $2 trillion. The Big Five corporations enjoy unrivaled supremacy, but there are a slew of smaller IT firms that have made their mark. Deutsche Bank has chosen Oracle Corporation for a multi-year deal to modernize and accelerate its digital transformation.
Insider Monkey takes a look at the 15 most valuable IT companies in the world. Hewlett Packard Enterprise Company is ranked 15th. In 2020, the company’s Hybrid IT segment accounted for about 83 percent of overall sales. Determined AI has also been acquired. Capgemini is an IT and consulting firm that offers clients throughout the world digital transformation and engineering services. The company is ranked 14th on the list of the 15 most valuable IT companies in the world, with a market capitalization of $33.146 billion. Cognizant Technology Solutions Corporation is a renowned professional services firm situated in New Jersey. In 2020, the company generated $16.7 billion in total revenue and had a market capitalization of $36.302 billion. Google Business Group was recently announced. Wipro Limited is based in Bengaluru, India, and was founded in 1945. With around 195,000 employees as of 2020, the corporation is one among India’s major employers. It is ranked 29th on the Fortune India 500 and 12th on Insider Monkey’s list of the top 15 most valuable IT firms. Twilio Inc. is a cloud-based communication platform that allows software developers to make and receive calls, messages, and other tasks via an API. In May 2021, Twilio announced the acquisition of Zipwhip, a message service provider. For details on topmost IT companies on this list, click 15 Most Valuable IT Companies in the World.