In this article, we are going to list the 15 largest IT services companies in the world. Click to skip ahead and jump to the 5 largest IT service companies in the world.
As the world matured gracefully with modernization, one of the key players that save the economy is information technology services. IT services are the services used by businesses to assess, manage, and deliver information, as well as to assist other business functions. These services include consulting, product design, software development, system integration, as well as more "hands-on" tasks such as hardware deployment and support, training, and education, and hosted and outsourced IT services. Today, IT solutions empower private and public companies all over the world.
IT services have a huge umbrella of services and solutions such as cloud computing. Cloud computing is a key segment of the IT services market which refers to essential software or programs you can access anytime and anywhere as long as you have an internet connection. Dropbox (NASDAQ: DBX) and ServiceNow (NYSE: NOW) are just two of the 15 biggest cloud-computing companies in the world. On the other hand, database management is also one of the major segments of the IT service industry. One of the most reliable IT service companies for database management is Oracle Corporation (NYSE: ORCL). Database management includes the organization of essential data to ensure compliance, security, and performance of data-driven applications. Other segments of IT consulting services include software support, network security, and data storage.
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According to an IT Market Model by Statista, the expenditure on the global IT services market is expected to reach $853 billion by 2021, up from $737 billion in 2017. North America is the largest growing market for IT services due to the presence of a robust IT infrastructure. The IT services market is expected to register a compound annual growth rate (CAGR) of approximately 8.87% during the forecasted period (2020-2025). The key reason for this economic development for this sector is the increased demand for apps and social media channels such as Google Hangouts, WhatsApp Video Call, Zoom, and Microsoft Teams. Due to coronavirus, many opportunities have been opened up in the IT industry, such as the growing need for 5th generation (5G) technology. As a result of the pandemic, remote interaction has become a top priority for many organizations. Remote interaction would not only benefit companies from imposing remote work. Telemedicine is one of the emerging industries during the COVID-19 recession. This could help patients to get diagnosed and treated without a doctor's need to be physically present.
There is no doubt the COVID-19 has greatly affected many businesses around the world and the IT service industry is not exempted from it. As a result, global IT leaders reset their plans in the short term to withstand the uncertainty. Accenture is one of the most renowned IT service companies in the world. In the middle of the pandemic, Accenture developed an operating model that harnesses modern and emerging technologies to constantly push the limits of today's systems and business models, including artificial intelligence, distributed ledger technology, and quantum computing.
So what are the largest IT services companies in the world? To give you the most accurate ranking, we gathered key figures of each company such as revenue, market cap, assets, and the number of employees according to Forbes. We listed the IT service companies from the smallest to largest starting at number 15:
15. Infosys Technologies (NYSE: INFY)
Revenue: $12.8 billion
Market Cap: $40.6 billion
Assets: $12.3 billion
Employees: 204,107
Headquarters: Bangalore, India
Infosys is a global digital service and consulting technology leader providing comprehensive IT business solutions for engineering and BPO industries. In 2017, Infosys positioned as a "major player" in the IDC MarketSpacein EMEA Utilities. The company develops its technology services, including application management; cloud, infrastructure, and security; engineering services; enterprise mobility; Internet of Things (IoT), and testing.
14. Cognizant Technology Solutions Corp (NASDAQ: CTSH)
Revenue: $16.8 billion
Market Cap: $43.34 billion
Assets: $16.2 billion
Employees: 292,500
Headquarters: Teaneck, New Jersey
Cognizant Technology Solutions Corp. is offering a full range of information technology, consulting, and outsourcing services for business processes. Cognizant provides IT solutions and IT services to large companies, including software development, maintenance and testing of applications, and the development of digital infrastructure. The top revenue line of Cognizant is financial services, accounting for just over a third of its business. It also creates and supports health care software, which accounts for 28% of its revenue.
13. CAPGEMINI SE (EPA: CAP)
Revenue: $18.8 billion
Market Cap: $15.9 billion
Assets: $20.4 billion
Employees: 270,000
Headquarters: Paris, France
Capgemini is one of the largest IT services companies in the world with more than 270,000 team members in nearly 50 countries and partnerships with a wide range of technology providers. Capgemini is a world leader in consulting, digital transformation, technology, and engineering services. Capgemini incorporates strategy, technology, data science, and creative design to address the most complex business and technology issues.
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12. DXC Technology Co (NYSE: DXC)
Revenue: $20 billion
Market Cap: $6.19 billion
Assets: $29.6 billion
Employees: 130,000
Headquarters: Tysons, Virginia
DXC Technology is one of the world's leading independent, end-to-end IT service and solutions company. DXC is a Fortune 500 company, represented in the S&P 500 Index. DXC Technology operates mission-critical infrastructures and solutions with the latest technology innovations to deliver better business outcomes and new levels of performance. The company serves 6,000 private and public-sector customers in 70 countries.
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11. NTT Data Corp
Revenue: $20.5 billion
Market Cap: $15.75 billion
Employees: 123,884
Headquarters: Tokyo, Japan
NTT DATA is a global provider of business and IT services with more than 100,000 professionals in more than 50 countries. In 1967, the Nippon Telegraph and Telephone Public Corporation, known as the NTT, decided to set up the DATA Communications Office, known as the NTT DATA. Today, NTT DATA has led the information services industry while developing business primarily in the field of social infrastructure and computer systems in Japan.
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10. TATA Consultancy Services (NES: TCS)
Revenue: $22.1 billion
Market Cap: $100.7 billion
Assets: $16 billion
Employees: 446,675
Headquarters: Mumbai, India
Tata Consultancy Services India's top-leading IT service company. The IT company engages in a variety of technology-related businesses such as application development and maintenance, business intelligence, enterprise solutions, assurance services, engineering, and industrial services, infrastructure services, consulting, asset leveraged Solutions, and business process services. The company was founded in 1968 and over the years, Tata CS Ltd has established operations in the fields of insurance, banking, manufacturing, retail, and communication and media industries.
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9. Synnex Corp (NYSE: SNX)
Revenue: $23.8 billion
Market Cap: $4.2 billion
Assets: $11.7 billion
Employees: 235,000
Headquarters: Fremont, California
Synnex is not a typical IT company, but rather a business process outsourcing firm, linking technology vendors to buyers. The company is involved in the provision of distribution, logistics, and integration services for the technology industry. The company works with software, IT systems, components, and equipment suppliers.
Pixabay/Public Domain
8. NEC Corp
Revenue: $28.4 billion
Market Cap: $10.1 billion
Assets: $28 billion
Employees: 112,638
Headquarters: Tokyo, Japan
NEC, a leader in ICT solutions since 1899, has used its long-term IT and network expertise to tailor today's data-driven technologies. NEC Corp is a leading Japanese company that is committed to providing systems, components, services, and integrated solutions for computing and communications applications. The company has been recognized in the Top 100 Global Innovators for eight consecutive years and is included in the Fortune Global 500. NEC works with 300 group companies in more than 50 counties all over the world.
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7. SAP (NYSE: SAP)
Revenue: $31.1 billion
Market Cap: $127.68 billion
Assets: $69.1 billion
Employees: 100,330
Headquarters: Walldorf, Germany
SAP is a remarkably powerful business application developer and IT company offering SaaS, enterprise software, business operations, and on-site management services. Its applications and solutions cover a wide range of business sectors, such as finance, human resources, manufacturing, marketing, and engineering. SAP is well-known for its IT services and solutions globally which include ERP, CRM, and Customer Experience, Digital Supply Chain, Business Technology Platform, Application Development and Integration, and Data Base and Data Management tools.
6. Fujitsu
Revenue: $35.7 billion
Market Cap: $20 billion
Assets: $28.7 billion
Employees: 132,138
Headquarters: Tokyo, Japan
Fujitsu is Japan's largest IT service provider and one of the world's leading software companies. It was established as a production subsidiary of Fuji Electric Limited in 1935. Since then, the company has made its way to the IT and software sectors. Today, Fujitsu offers IT services such as personal and enterprise computing, storage products, system integration, and infrastructure solutions. Also, it has a division that provides IT consulting, implementation, and management services. The company serves clients globally from over a hundred countries. Fujitsu also works together with the biggest tech companies in the world such as Microsoft and Siemens.
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Disclosure: No position. 15 largest IT services companies in the world is originally published at Insider Monkey.
FAQs
Which is the largest IT services company in the world? ›
Apple, the world's largest tech company by revenue, generated $294 billion in 2021. With over 585,000 tech companies, the U.S. has the largest technology sector by revenue in the world.
Which is the top 10 IT company in the world? ›The list of top IT companies include Microsoft, IBM, Accenture followed by product companies like Oracle, SAP and other big IT services brands like Deloitte, TCS, Capgemini, Cognizant etc. The top information technology companies are leading innovation in consulting, outsourcing, technology and services in the world.
What are the top 10 brands that come to mind first when you think of services solutions for technology consulting & IT services? ›- Accenture.
- Infosys.
- TCS.
- HCL Technologies.
- Cognizant.
- Capgemini.
- Wipro.
- IBM.
- Infosys. Founded in 1981, Infosys is one of the world's fastest-growing organizations. ...
- Wipro. ...
- HCL Technologies. ...
- ORACLE. ...
- TECH MAHINDRA. ...
- MPhasis. ...
- Cognizant. ...
- Rolta.
- Microsoft. Microsoft, one of the world's largest organizations, lands at #1 in almost every IT company ranking and is, without a doubt, one of India's biggest IT companies. ...
- TATA Consultancy Services. ...
- Cognizant. ...
- Google. ...
- Cisco Systems, Inc. ...
- Accenture. ...
- IBM. ...
- Capgemini.
- Hyperlink InfoSystem. ...
- Apex Systems. ...
- Kin+Carta. ...
- Cognizant. ...
- Apexon. ...
- Globant. ...
- iTechArt Group. ...
- HData Systems.
Top 14 Richest Companies In The World By Market Cap 2023. 1. Apple Inc. (AAPL) Market Cap – $2.65 Trillion: Apple develops, produces, and sells a wide variety of consumer technology products, including smartphones, laptops, tablets, wearable electronics, home entertainment gear, and more.
Which is the first IT company in the world? ›The first company founded to provide software products and services was Computer Usage Company in 1955. Before that time, computers were programmed either by customers, or the few commercial computer vendors of the time, such as Sperry Rand and IBM.
What is the second most valuable IT company in the world? ›At the second position is India's Tata Consultancy Services (TCS) with a brand value increase of 2 per cent, taking its valuation to US $17.2 billion.
What is the number one IT consulting company in the world? ›1. Deloitte. Operating as a global professional services network, Deloitte offers audit and assurance, consulting, financial advisory, risk advisory, tax, and related services.
How many types of IT services are there? ›
The 11 Main Types of IT Services.
What are major IT companies? ›- Hyperlink InfoSystem. One of the Top IT Companies, Hyperlink InfoSystem is headquartered in Ahmedabad, India, and has offices in the USA, UK, Canada, France, UAE, And Australia. ...
- Infosys. ...
- IBM. ...
- Deloitte. ...
- Cognizant. ...
- Accenture. ...
- Tata Consultancy Services. ...
- Wipro.
...
Software Companies by Founded Year.
- Tata Consultancy Services Ltd.
- Infosys Ltd.
- HCL Tech Ltd.
- Wipro Ltd.
- Tech Mahindra Ltd.
- L&T Infotech Ltd.
- MindTree Ltd.
- Mphasis Ltd.
There are more than 1,70,000+ IT companies in India and over 4,50,000+ IT companies in United States. Let's have a look at the list of Information Technology in India with their key decision-maker contact information.
Which is the third largest IT company? ›2023 | Name | Revenue |
---|---|---|
1. | Microsoft | $161 billion |
2. | HP | $63.49 billion |
3. | IBM | $57.35 billion |
4. | Accenture | $50.53 billion |
Big Tech, also known as the Tech Giants, refers to the most dominant companies in the information technology industry, notably the five largest American tech companies: Alphabet (Google), Amazon, Apple, Meta (Facebook), and Microsoft. These companies are referred to as the Big Five.
Which city has most IT companies in USA? ›Seattle, Washington
Amazon and Microsoft have established their presence in Seattle, and other tech companies such as Salesforce, Google, and Apple will continue to expand. About 2.0 million people work in Seattle, including 160,660 who have careers in information technology. The field has grown by 8.5% from 2021-2022.
- #1 Walmart Inc. (WMT)
- #2 China Petroleum & Chemical Corp. (SNP)
- #3 Amazon.com Inc. (AMZN)
- #4 PetroChina Co. Ltd. (PTR)
- #5 Apple Inc. (AAPL)
- #6 CVS Health Corp. (CVS)
- #7 Royal Dutch Shell PLC (RDS.A)
- #8 Berkshire Hathaway Inc. (BRK.A)
- Computing Power.
- Smarter Devices.
- Datafication.
- Artificial Intelligence and Machine Learning.
- Extended Reality.
- Digital Trust.
- 3D Printing.
- Genomics.
Where are the most IT companies in USA? ›
Austin, Texas
Austin has emerged as a top technology hub with a growing number of jobs. Many companies have relocated there from Silicon Valley, including Oracle, Tesla and HP. According to CompTIA, there are more than 5,500 technology companies in the Austin area. Businesses posted more than 64,000 IT jobs in 2021.
San Francisco
San Francisco is home to the largest valuable tech companies in the world. Silicon Valley, the golden area of the city, has been every city's dream to achieve.
1. Tata Consultancy Services (TCS) - TCS is one of the largest IT services companies in India, and employs over six lakh people worldwide.
Which is the No 2 IT company in world? ›It has its headquarters in Bengaluru, Karnataka, India. Infosys is the second largest IT company in India and one of the top 10 largest IT companies in the world in terms of revenue.
What is the most famous IT company? ›Microsoft. Microsoft is the world's leading and valuble and the most visible IT company, with over $161 billion in revenue in 2022. Microsoft Corporation was founded in 1975 by Bill Gates and Paul Allen in Redmond, Washington, and is one of the world's largest technology companies.
Who is the father of IT industry? ›- Bangalore. Bangalore is the IT Capital of India and a worldwide data innovation center in the country. ...
- Chennai. ...
- Mumbai. ...
- Kolkata. ...
- Ahmedabad. ...
- Delhi and NCR. ...
- Chandigarh. ...
- Kochi.
...
Leading information technology (IT) companies worldwide in 2022 (in billion U.S. dollars)
- TCS. Year Founded: 1968. ...
- SAP. Year Founded: 1972. ...
- Deloitte. Year Founded: 1845. ...
- IBM. Year Founded: 1911. ...
- Apple. Year Founded: 1976. ...
- Microsoft. Year Founded: 1975. CEO: Satya Nadella. ...
- Google. Year Founded: 1998. CEO: Sundar Pichai. ...
- Amazon. Year Founded: 1994. CEO: Andy Jassy.
- Accenture.
- Amazon Web Services.
- AMD.
- Apple.
- Aruba, a Hewlett Packard Enterprise Company.
- AT&T.
- Broadcom.
- Cisco Systems.
What are Big 4 companies in IT Consulting? ›
The Big 4 Consulting Firms are PwC, Deloitte, EY, and KPMG. They are the top 4 Consulting firms in the world. They are well known for being the top audit firms in the world. The big four consulting firms are the largest professional service firms in the world.
What are Big Five consulting companies? ›- Accenture.
- Alvarez & Marsal.
- Bain & Company.
- Boston Consulting Group.
- Deloitte.
- EY.
- Kearney.
- KPMG.
The Big 4 firms – Deloitte, KPMG, PwC and EY – are the four largest professional service networks in the world, offering services in various business areas, most prominent among which are: auditing and accounting; advisory and consulting; tax, risk and legal advice.
What is an example of an IT service? ›IT services can often include software development processes to create custom applications that fulfill specific business needs. For example, a startup business may rely on its IT service team to create a software application for organizing and maintaining venture capitalist records.
What are the types of IT companies? ›There are three main types of software companies: software product companies, software services companies, and cloud-based software companies. Software product companies develop and sell products such as applications, games, and operating systems.
What is considered an IT service? ›IT services refers to the application of business and technical expertise to enable organizations in the creation, management and optimization of or access to information and business processes. The IT services market can be segmented by the type of skills that are employed to deliver the service (design, build, run).
What is the best IT major? ›- Information Technology and Information Systems.
- Computer Science.
- Information Science.
- Computer Animation.
- Software Engineering.
- Computer Engineering.
- Cybersecurity.
I estimate there are more than 100,000 software companies (ISVs) today around the world — up from 10,000 only 10 years ago.
How big is the IT industry in the world? ›The global information technology market grew from $8179.48 billion in 2022 to $8852.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term.
What are the largest tech companies in the US? ›- Apple Inc. Headquarters: Cupertino, California. ...
- Alphabet. Headquarters: Mountain View, California. ...
- Microsoft. Headquarters: Redmond, Washington. ...
- Meta. Headquarters: Menlo Park, California. ...
- Dell Technologies. Headquarters: Round Rock, Texas. ...
- Intel. Headquarters: Santa Clara, California. ...
- IBM. ...
- HP.
What are the top 10 fastest growing companies? ›
- OnlyFans. 5-year search growth: 9100% ...
- StackBlitz. 5-year search growth: 2100% ...
- Linktree. 5-year search growth: 2050% ...
- Fandom. 5-year search growth: 236% ...
- Lalamove. 5-year search growth: 459% ...
- Preply. 5-year search growth: 1075% ...
- Labster. ...
- Oura Ring.
- Virtual Reality Developer.
- Security Engineer.
- UX Designer.
- Chief Digital Officer.
- Data Scientists.
- Artificial Intelligence Developer.
- Cybersecurity specialist.
- Video game designer.
Rank | Company Name | Net Profit growth(%) |
---|---|---|
1 | Sulzer India | 163.4 |
2 | Oil Country Tubular | 212.7 |
3 | Tata Sponge Iron | 159.8 |
4 | Zydus Wellness | 166.9 |
Microsoft Corporation
Microsoft offers a huge choice of software for many purposes. Its best-known and most popular franchise product is the operating system software 'Windows', which powers close to a billion computers worldwide. It is by far the most used operating system in the world.
LTIMindtree (brand value up 75% to US$1.9 billion) is the fastest-growing IT services brand after successfully completing a merger between L&T Infotech and Mindtree in 2022.
What are the 5 largest industries in the world? ›- Global Consumer Electronics Manufacturing. 17,518,424.
- Global Commercial Real Estate. 17,164,710.
- Global Fast Food Restaurants. 13,458,146.
- Global HR & Recruitment Services. 10,436,002.
- Global Apparel Manufacturing. 9,675,672.
- Global Hotels & Resorts. ...
- Global Coal Mining. ...
- Global Tourism.
Who Is Bill Gates and What Does He Do? Bill Gates, an entrepreneur and businessman, and his business partner, Paul Allen, developed and built Microsoft, the world's largest software company, via technological innovation, astute business strategy, and aggressive marketing methods.
Which is the 2nd largest software company in the world? ›Oracle is the second-largest software company in the world. Larry Ellison, Bob Miner, and Ed Oates launched it on June 16, 1977. Oracle is based in Redwood City, California. This company is the largest provider of database software and Software as a Service in the world (SaaS).
What is the most valuable IT company in the world 2023? ›APPLE (AAPL)
Apple has reclaimed the top spot on the list of the world's most valuable companies.
#1 Apple Inc.
These include smartphones, personal computers, tablets, wearable devices, home entertainment devices, and much more. Some of its most popular products include its iPhone smartphones and Mac computers. Apple also has dramatically expanded its sales from services.
What are the top 10 most powerful companies? ›
- #1 Walmart Inc. (WMT)
- #2 China Petroleum & Chemical Corp. (SNP)
- #3 Amazon.com Inc. (AMZN)
- #4 PetroChina Co. Ltd. (PTR)
- #5 Apple Inc. (AAPL)
- #6 CVS Health Corp. (CVS)
- #7 Royal Dutch Shell PLC (RDS.A)
- #8 Berkshire Hathaway Inc. (BRK.A)