Worlds 22 Biggest Tech Companies of 2023 – UserGuiding

According to statistics, the technology industry makes up 35% of the total market. And its steadily growing: the growth rate was 5.3% for 2022. There are more than 500 thousand tech companies alone in the United States, over 6,600 of which are in Silicon Valley.

Almost each and every company -no matter which industry theyre originally in- depends on technology companies in one way or another. It might be hardware, software, online services/tools, cybersecurity solutions

And my friends, this means money.

For this article, I went through Forbes The Global 2000, the annual ranking of public companies based upon 4 metrics (sales, assets, profits, and market value).

Here are the biggest tech companies of 2023

Amazon, one of the most valuable companies in the world, was founded in 1994 by Jeff Bezos.

Initially an online marketplace, the company started to produce its own technological devices and offer cloud services over time.

As well as ranking as the worlds 6th largest company in Forbes list, its listed among the top 25 tech and IT companies to work for -a.k.a. best workplaces!

Another tech giant on our list is Apple, which is not very surprising.

Specialized in electronics, software and online services, Apples annual revenue was $365.817B last year, in 2021.

The company was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976. Since then, Apple has been producing various tech devices, from computers to wearables.

Apple was one of the most popular tech companies in the industry when I was a little kid, it still is, and it doesnt seem like this will change in the near future.

Alphabet is a multinational conglomerate company, with $257.637B annual revenue for 2021.

After the restructuring Google went through in 2015, Alphabet Inc. was founded, and it became the parent company of Google businesses.

The company also invests in various start-ups and companies of different sizes in the tech industry: smart home projects, self-driving cars, cloud-gaming systems, and more.

Founded by Bill Gates and Paul Ellen in 1975, Microsoft is another tech giant rises from the United States.

It produces consumer electronics and computer software, as well as offering related solutions.

One of Microsofts best products, MS Office, has become an indispensable part of our lives. Spreadsheets, presentations, meeting notes You are ready for any meeting, any time with Office tools.

Also; LinkedIn, Skype, and GitHub can be listed among the companys subsidiaries.

Founded in 1969 in South Korea, Samsung Electronics operates through business divisions, as they manufacture and sell a wide range of electronics and software.

These are Consumer Electronics, IT & Mobile Communications, and Device Solutions.

Samsung Electronics does not only manufacture TVs, phones, and wearables; it also has smart home and digital health initiatives.

Tencent Holdings is a Chinese technology conglomerate company that was founded 23 years ago. Its the first Asian tech company that crossed the $500B mark.

Among its services, there are web portals, e-commerce platforms, payment systems, social networks, and mobile games.

The holding group also owns Tencent Music and Tencent Games, the largest company in the video game industry.

Tencents most popular communication tool WeChat has over 1.2 billion monthly active users. And its sibling app, QQ, has 564 million monthly active users.

The company also provides marketing solutions and cloud services. Tencent is dedicated to being a digital assistant they say. Through their digital services and technologies, they aim to help every industry.

Launched by Mark Zuckerberg in 2004 to connect Harvard students with one another, Facebook was an instant hit. In 2 years, it became open to public use. In 2010, more than 400 million people were using it monthly.

In 2021, Facebook Inc. changed its name to Meta Platforms to emphasize its orientation to the metaverse.Virtual/augmented reality is the future, and Meta claims to help people exist there.

In addition to their own products focusing on metaverse and web3, such as Meta Quest and Meta Portal, the company acquired many subsidiaries, including Novi Financial, Hot Studio, and WhatsApp.

Born out of the difficulties of a husband and wife working at Stanford to communicate within the organization, Cisco Systems is almost 40 years old today.

Headquartered in San Jose, Silicon Valley, Cisco is an IT and networking company specialized in routers, switches, and cybersecurity.

The cybersecurity unit is the most valuable -and the fastest growing- part of the company. Last quarter, it grew its revenue by 14%, according to company data.

With Cisco SecureX; you can detect, respond, and quickly recover from cyber attacks. Its an integrated platform that can be used across various products, which means you can secure your apps, users, endpoints, and network from a single platform.

A fun fact about the company name: Cisco stands for San Francisco, and the vertical lines on the logo represent the Golden Gate Bridge

Oracle is an American computer software company. It was founded in 1977, in California, but the corporate headquarters are in Austin, Texas now.

They have more than 400,000 customers across the world, including FedEx, Xerox, and Siemens Healthineers, as they provide specific solutions for different industries.

You can manage your restaurant, modernize your finances, secure network infrastructure solutions, connect HR/product management/marketing and increase client satisfaction.

Plus: Oracle holds developer events regularly. From machine learning to image recognition, specialists exchange ideas. You can check out old events recordings and register for the upcoming ones from here.

Yeah, software companies are worth the whole world, and hardware companies can be worth a lot too. But companies who provide both? Theyre totally different gems

Broadcom has a diverse product portfolio, including both semiconductor and infrastructure software solutions.

With their innovative vision and collaboration, they achieved excellence more than once.

SAP is a leading software company that focuses on business management solutions such as data processing and information flow.

It was founded in 1972 in Weinheim, Germany.

When they released SAP R/2 and SAP R/3 software, they set a global standard in terms of enterprise resource planning (ERP). Now they have SAP S/4HANA, the latest version of ERP software. It makes use of in-memory computing; therefore, it enables tremendous amounts of data to be processed fast and smoothly.

SAP software gathers and centralizes data, normally which would be collected and analyzed separately by each department/team. It helps to have a better view and interpretation of collected data while increasing productivity -and ultimately, profits.

ERP software includes tools and programs suitable for all teams: HR, sales, marketing, product

And SAP has different solutions for companies of different sizes. A big corporate or a small company, doesnt matter, you can get help from them!

For other business management tools, lets take you here.

Its not easy to be recognized as a successful company by business magazines and get featured. But if theres anything harder, it is to be recognized and loved by those who got featured there.

Accenture has been working with 89 of Fortune 100 companies.

Its also listed as one of the best workplaces for innovative people by Fast Company.

Now, who is this Accenture? Lets have a close look at their services

They provide a wide range of services. From AI and cloud services to services for marketing needs, security needs, data & analytics

Furthermore, Accenture helps customers understand the metaverse and shape their business plans in a way that will fit into the future. With a deep understanding of the industry and the future that awaits it, they accompany customers in their metaverse journey.

While we are at the early days of the metaverse, it will advance very quickly. If companies dont act now, theyll find themselves operating in worlds designed by, and for, someone else.

PAUL DAUGHERTY, Group Chief Executive Technology & Chief Technology Officer

P.S. Accenture leads a national tech apprenticeship program. You can read more about it here.

Salesforce is the worlds #1 customer relationship management (CRM) platform.Founded in 1999, in California, it became one of the major tech companies shortly.

It acquired several companies including Slack, Heroku, and Tableou Software.

Customer 360, Salesforces original product, is a platform that integrates all the data and information about your company into one place. Sales team, customer Support, marketing people, product engineers All teams, one workspace.

You can integrate different apps with Customer 360 for sales/marketing purposes, data analysis, etc. and actually the more you integrate the better results you get.

Dont forget to check the best Salesforce alternatives!

Founded in 1982, Adobe is an American software company that provides marketing and document management solutions as well as creative tools. The corporate headquarters are in San Jose, Silicon Valley.

The company offer services in 3 main categories:

Intuit is a software company that is specialized in finance.

Along with their own products, QuickBooks, TurboTax, and Mint, the company owns time management and scheduling app TSheets, Mailchimp, and Credit Karma, which was another finance company but now is a brand of Intuit.

Lets see what you can do with their products

TurboTax:

Work with a tax expert

Get your tax refunds

Mint:

Manage all your accounts in one place

Track your cash flow (bill payments included!)

QuickBooks:

Keep track of your income and expenses

Complete your payments

Organize your taxes

Capgemini is a French-American IT services & consulting company. Corporate headquarters are in Paris, France.

They offer companies various solutions such as business transformation, cybersecurity, and enterprise management.

Also, they are aware of the fact that industry needs differ. Capgemini follows each industry closely and offers recommendations based on their needs.

From healthcare to media, insurance to travel, banking to automotive, and even aerospace and defense! You can trust them.

Founded in 1998, in Palo Alto, California, VMware is a cloud computing company.

It provides multi-cloud services for all apps. But what is multi-cloud?

Hybrid has became the new normal for most of us. No, Im not talking about half-time office half-time home-office shifts. Im talking about online workspaces, clouds. 73% of enterprises work with two -or more- cloud accounts. Even though the wide use of cloud-based platforms and the digital transformation is good news, they might bring possible security risks and productivity problems.

That is where VMware comes into play:

It connects and secures data across data centers and clouds.

It leverages infrastructure to protect apps.

It does not only protect your apps, but also help you improve and modernize them.

And finally, it improves the work experience of your employees. Anyone can work from anywhere from now on!

Uber, one of the companies with a high-tech employment rate, is mobility as a service company. It was founded in 2009 and quickly grew to be one of the most successful start-ups of the last decade.

You can mainly do two things with Uber:

You can meet your transportation needs

Or you can order from your favorite restaurants and get delivery with Uber

Also, you can work as a Uber driver or a delivery person.

Plus, as the largest mobility as a service platform in the world, the company is aware of its responsibilities towards the environment. They will have become a full electric, zero-emission platform by the end of 2040.

Shopify, which emerged shortly after as a solution when its founders could not find an e-commerce platform that meets their needs for their own commerce ventures, is now helping millions of businesses worldwide.

You can start your business, sell your products, plan your marketing campaigns, and manage your finances from only one platform.

But it doesnt end with creating a page on Shopify. You need to be on good terms with your customers, which means, you need to welcome them.

Take a look at how to onboard your Shopify customers successfully from here.

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Worlds 22 Biggest Tech Companies of 2023 - UserGuiding