Top 10 IT Companies in World Right Now 2023 [Updated]
by Surya
Updated Apr 06, 2023
![Top 10 IT Companies in World Right Now 2023 [Updated]](https://img20.fresherslive.com/latestnews/2023/03/top-10-it-companies-in-the-world-640720f58545581526294-900.webp "Top 10 IT Companies in World Right Now 2023 [Updated]")
Top IT Companies 2023
The IT companies owe their origin to none other than the US Dept of Defence according to Prof Ha-Joon Chang in one of his public lectures that is available on the youtube channel called New Economic Thinking. Their research led to the establishment of IT companies in Silicon Valley, California, and Later the Proliferation of companies across the world currently there are many IT Business Clusters are Setup in Shenzhen, Banglore, and Hyderabad there are a few rising ones in Africa, and Latin America also so we will see top 10 IT Companies in terms of revenue, Employees, and Services they Provide below list is an alphabetical order inside each of sub-sections of the company. we have given the rank.
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Top 10 IT Companies in World 2023
S. No
Company Name
Accenture
Capgemini
Cognizant
Deloitte Consulting
DXC
IBM
Microsoft Corporation
Oracle
SAP
Tata Consultancy Services
Top IT Companies in the World
1. Accenture
It began as a business and technology division of an accounts consulting company called Arthur Andersen for GE in 1950 in Louisville, Kentucky. And in its long tussle in the 1980s Till 2000 to have separate branding and marketing identity for the company. It won its arbitration for the split in 2000 and renamed it to its current name called Accenture which means the accent of the future. It has its Hq in Dublin Ireland. It has 738,000 employees and currently operates in 200 cities and 49 Countries. they gave services in various fields such as strategy and consulting, Technology, operations, industry X, and Accenture song as per their website. In terms of revenue in the financial year of 2021-2022 61.6 Billion $.
Rank in terms of revenue: 2 Chief Executive Officer: Julie Sweet
Rank in terms of Employees: 1 Chief Financial Officer: KC McClure
Rank in terms of Services:4 (Approx) Chief Operating Officer: Manish Sharma
2. Capgemini
Capgemini was founded by serge kampf in 1967 HQ in Paris, France. They Kept their initial name in french with an acronym in English called SOGTI its English Translation is Business Management and Information Processing Company. The Key area of Work Done in Customer Experience, Intelligent Industry, And Enterprise Management along with Help of Their Customers adapt to cloud data, Artificial Intelligence, Cyber Security, and Environmental Impact AKA ESG (Environmental Social Governance). As Per, Their website Company has 359,600 employees in its various Business operations as of December 31, 2022, and earned revenue of 21.5 Billion $ for the year 2022.
Rank in terms of revenue: 8 Chief Executive Officer: Aiman Ezzat
Rank in terms of Employees: 4 Chief Financial Officer: Carole Ferrand
Rank in terms of Services:7(Approx) Chief Operating Officer: Olivier Sevillia
3. Cognizant
Cognizant was established as a Joint Venture between Dun & Bradstreet Satyam Software (DBSS) with 74:26 Share in 1994 Chennai with Srini Raju as founding MD and CEO. later it moved its Hq to Teaneck, Newjersy The Company initially focused on Y2K related Projects. And later moved on to Enterprise Resource Planning software (ERP) and then to App Development now Current areas of work are divided into verticals Banking & Financial Services, Insurance, Healthcare, Manufacturing, and Retail. and Horizontals are Analytics, mobile computing, BPO, and Testing. The company's current employee count is 355, 300 as per the company website and its revenue for the financial year 2022 is 19.4 Billion $.
Rank in terms of revenue: 9 Chief Executive Officer: Ravi Kumar S
Rank in terms of Employees: 5 Chief Financial Officer: Jan Siegmund
Rank in terms of Services: 9 (Approx) Chief Operating Officer: N/a
4. Deloitte Consulting
It was founded as an accounting company in 1845 by William Welch Deloitte. To Help the Big Companies of the 19th and 20th centuries keep track of their finances and better allocate resources. With their HQ in London England, they have offices in 150 countries and are one of the Big Four in the Accounting world. they still continue the Accounting job albeit in a digital format their main area of work currently is Audit & Assurance, Management Consulting, Financial Advisory, Risk Advisory, Tax, and Legal. The company also works in IT Consluting. The company employees nos are 415,000 professionals for the year 2022 as per their website and earned revenue of 59.3 billion $ in 2022.
Rank in terms of revenue: 7 Chief Executive Officer: Joe Ucuzoglu
Rank in terms of Employees:3 Chief Financial Officer: N/a
Rank in terms of Services: 2(Approx) Chief Operating Officer: Frank Friedman
5. DXC
DXC was formed on 1st April 2017 by the merger of CSC (Computer service corporation) and HPES(Hewlett Packard Enterprise Service) Their HQ is situated in Ashburn, Virginia. they mainly work on Business Process Outsourcing, Analytics & Engineer, Applications, Cloud, Security, IT outsourcing, and Modern Workplace. DXC has Offices in 70+ Countries and employees of 1,30,000 according to their website and they earned $3.57 billion for Q3 of 2023.
Rank in terms of revenue: 10 Chief Executive Officer: Mike Salvino
Rank in terms of Employees: 9 Chief Financial Officer: Ken Sharp
Rank in terms of Services: 10 (Approx) Chief Operating Officer: Chris Drumgoole
6. IBM
IBM (International Business Machine) was founded in 1911 as a computing tabulating recording company(CTR). Later it was renamed to its current name IBM in 1924 the business took off in punch card tabulating. the Company also known as big blue has its HQ in Armonk, Newyork. The company has many inventions in its long journey of growth that we take for granted. The company's area of work includes Hybrid Platforms & Solutions(Red Hat, Automation, Data, AI, Security), Infrastructure & Support, Consulting (Bussiness Transformation, Technology Consluting, Application operations), and Financing. The company's recent invention of the Vertical Transport nanosheet field effect transistor (VTFET) 2021 has the ability to keep Moore’s Law alive . the number of employees that was last released for 2021 is 2,82,100 and in the latest news about it company laid off 3900 employees in Jan 2023 and revenue earned by the company for 2022 $60.5 billion.
Rank in terms of revenue: 3 Chief Executive Officer: Arvind Krishna
Rank in terms of Employees: 6 Chief Financial Officer: James J. Kavanaugh
Rank in terms of Services: 5 (Approx) Chief Operating Officer: Kelly C. Chambliss
7. Microsoft Corporation
Microsoft Corporation was Founded by Bill Gates and Paul Allen on1975 April 4th in Albuquerque, New Mexico. their initial product was Basic interpreters for Altair 8800 later the demand for the MS-DOC Operating system led to an explosion of growth. They have their HQ in Redmond, Washington. Their main area of work is Software Development, Computer hardware, Consumer Electronics, Cloud Computing, and video games. The Employee strength is 221,000 as of December end 2022 $198.3 billion in revenue for 2022 31st December.
Rank in terms of revenue: 1 Chief Executive Officer: Satya Nadella
Rank in terms of Employees: 7 Chief Financial Officer: Amy Hood
Rank in terms of Services: 1(Approx) Chief Operating Officer: N/a
8. Oracle
Lawrence Ellison, Robert Miner, and Edward Oats Co-founded the company on 1977 June 16 in Santa Clara, California under the name called Software Development Laboratories. Later renamed it to relational database inc (1979) and changed its name to the current Oracle systems corporation (1983) the company's business take off because of Oracle Database. In 1995 company again changed its name to Oracle corporation and moved its Hq to Redwood shores in 1989 though HQ was not Finished till 1995. In 2020 company again moved its HQ to Austin Texas. The company's main area of work was in Oracle Applications, Database, ERP, Cloud, Fusion Middleware, Workstations, Storage, and Servers. And have clients in 175 countries. The no of Employees as of May 31, 2022, is 143,000. revenue earned in the year 2022 42.44 billion $. The Companies Earliest customer was the CIA to help them develop a large database for surveillance threats.
Rank in terms of revenue: 4 Chief Executive Officer: Safra A. Catz
Rank in terms of Employees: 8 Chief Financial Officer: N/a
Rank in terms of Services: 8(Approx) Chief Operating Officer: N/a
9. SAP (System Analysis and Program Development)
Sap was enterprise software produced by IBM employees. when working with IBM in 1971 after IBM dropped the Project. they left the company and founded the company in 1972 called Systemanalyse und Programmentwicklung (SAP) in Germany. they created real-time data and resource allocation for the companies which helped the companies grow. Their HQ was in walldorf, Baden-wuttemberg, Germany. They are located across 130 countries. SAP work in ERP, Business Software, Cloud, and Consulting. The No Of Employees is 111,961 as of Dec 2022 and revenue earned for 2022 is 30.87 billion $
Rank in terms of revenue: 5 Chief Executive Officer: Christian Klein
Rank in terms of Employees: 10 Chief Financial Officer: Sabine Bendiek
Rank in terms of Services: 6(Approx) Chief Operating Officer: Luka Mucic
10. Tata Consultancy Services
TCS Started as Tata Computer Systems in 1968 HQ in Mumbai. later known as Tata Consultancy Services. Business Took-off with Punched cards Service for one of Tata Sons Company called TISCO (now Tata Steel) Later on the company had many projects some of the customers include IRCTC and the company also worked in India's Biometric Project Aadhar its main area of work in Consultation, Bussines Process Outsourcing, Cloud-based ERP its net revenue for 2022 is $25 billion. The number of employees is 592,195 according to the annual Report statement 2021-2022. The Story of TCS and beyond by Ramadori former CEO was an autobiography and TCS Growth Story.
Rank in terms of revenue: 6 Chief Executive Officer: Rajesh Gopinathan
Rank in terms of Employees: 2 Chief Financial Officer: Samir Seksaria
Rank in terms of Services: 5 (approx) Chief Operating Officer: N. Ganapathy Subramaniam
Best IT Companies
In conclusion, the world of IT is a constantly evolving landscape, and the companies that thrive within it are those that are able to stay ahead of the curve. The best IT companies are those that are able to deliver cutting-edge technology solutions while maintaining a customer-centric approach. These companies understand the importance of collaboration, innovation, and adaptability, and are able to leverage these skills to create successful products and services.
The companies that have made our list of the best IT companies have demonstrated their ability to excel in these areas, and have earned their place as leaders in the industry. They have shown a commitment to innovation and have invested heavily in research and development to ensure that they are able to deliver the latest and greatest technology solutions to their customers.
As we move into the future, it is clear that the importance of technology will only continue to grow. The companies that are able to keep up with this fast-paced and ever-changing landscape will be the ones that are able to thrive in the years to come.
Top 10 IT Companies in World 2023 - FAQs
In terms of revenue, Microsoft is the top IT company its 2022 revenue is 198.3 Billion $
Accenture Is the Top Employer with more than 7,00,000 Employees
The oldest one is IBM started in 1911 for Punch card Service. Eventhough Deloitte started working in 1845. they are an accounting company later on they ventured into IT Consulting
Tata Consultancy Services Made it to the Top 10. they are 2nd largest company in terms of employee strength.