Information technology is a large industry. A few decades ago, we did not have IT companies. It was nonexistent. After the commercial use of computers and the internet, this started growing. New companies were created and many people capitalized on this. This allowed many companies to grow considerably in size. Most of the success stories have small beginnings. Today, the It industry is one of the largest and most powerful industries. Even the demand for IT professions have increased due to the high level of growth. Here’s a list of the biggest IT companies in the world.
Samsung electronics is a South Korean multi-national corporation. Out of all the other corporations Samsung is the oldest. They are an electronics company and the largest IT company by revenue. Samsung has a vast range of products from smartphone, TV’s, washing machines, air conditioners, batteries, semiconductors, hard drives, Solid state drives, memory cards, flash storage and many more. Samsung group was established in 1969 and were focused on producing black and white television. Thereafter, they began expanding and started spin off into many other electronic products. Most of Samsung’s revenue are from their popular ‘S’ range of smartphones.
Amazon is an eCommerce and cloud computing multi-national company based in the US. The company was founded in 1994 by Jeff Bezos. Initially Amazon started out as an online bookstore. This business turned out be success and it was taken public one year later in 1995. Soon after Amazon started selling all kinds of goods and became a full scale online retailer. In 2015 Amazon surpassed Walmart to become the world’s largest retailer and also the largest online retailer. It is also the largest internet company by revenue. Amazon has spate retail websites for many other countries such as UK, Australia, Germany, India and China to name a few.
Apple Inc is a multi-national technology company founded by Steve Jobs, Steve Wozniak and Ronald Wayne in a garage. The company sells a mixture of both hardware and software products where the hardware and software both created by Apple themselves. Apple is consistently ranked among the largest IT company and the second largest phone manufacturer after Samsung. Apple is also the most valuable company in the world and the first US company to be valued at over 700,000 billion USD. The company is known for its high level of brand loyalty with a large percent of its customer base being return customers. Most of Apple’s growth have been since the early 2000s with the release of the iPod.