With the rapid development of technology, the Internet of Things (IoT), in particular, we compiled a concise list of the top 10 tech companies that are the main contributors to the development of technology that we use today, as well as their main investments for the future.
Samsung Electronics Co Ltd (2017, 224.64 Billion USD)
The Korean tech giant was founded in 1938 and combines many affiliated businesses of which many are under the Samsung brand. The tech giant runs three divisions: consumer electronics, information technology, and mobile communications and device solutions. The company produces world-leading smartphones, as well as headphones, monitors, TVs and other consumer electronics. Samsung Gear devices are introduced in 125 countries and counting.
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Facebook ($193.99, NASDAQ: FB)
Facebook is an online social media network and one of the top 10 tech companies with two million monthly active users who enjoy using the network for sharing photos and video content as well as communicating with friends. For some business owners, Facebook is an integral part of their business growth as it ensures long-term sustainability and they use the social media network for their exposure.
Apple Inc. ($190.24 NASDAQ: AAPL)
Apple is a U.S.-based company, known world-wide for its top-end products such as the iPhone, iPad and iPod, as well as the portable notebook MacBook and high-end computers iMac. Aside from the great selection of products, Apple developed a programming language called Swift, which was made open-source in 2015.
Amazon ($1,641.54 NASDAQ: AMZN)
Amazon.com is an American electronics company that was founded by Jeff Bezos on July 5, 1994. The company is one of the first to offer the possibility of online shopping and feature a large selection of products. Amazon is now known for featuring some of its own products such as Amazon Echo speakers, as well as Amazon Kindle and many other products. It is also known for its presence in movie and TV show production.
Alphabet Inc ($1,135.00 NASDAQ: GOOGL)
Alphabet Inc. has its headquarters at Mountain View, California, being founded by Larry Page and Sergey Brin. The company was founded as a part of a corporate restructuring of Google back in 2015. As such it owns all of Google’s side projects: the Biotech company Calico, innovative technology developer Google X, internet provider Fiber, and Google’s smart home project Nest.
Microsoft Corporation ($100.79 NASDAQ: MSFT)
Microsoft Corporation was founded by Bill Gates and Paul Allen with headquarters in Redmond, Washington, U.S. The company develops and manufactures licenses as well as sells computer software and consumer electronics, while offering a great variety of software.
The development of Microsoft’s Azure cloud business became a key earnings driver along the software licensing and consumer electronics.
Intel (57.08 NASDAQ: INTC)
Intel Corporation is a U.S.-based technology company with headquarters in Santa Clara, California specializing in chipset manufacturing as well as personal computers. It is also one of the main suppliers of processors for manufacturers like Apple, Lenovo, HP and Dell. The company is known for making a motherboard chipset, network interface controllers and integrated circuits.
Cisco Systems ($43.66 NASDAQ: CSCO)
Cisco System is a multinational technology company founded in 1984. It is located in the center of Silicon Valley. It develops, manufactures and distributes networking equipment. Cisco sees all the opportunities regarding the internet development and IoT and looks into the development of newer and more enhanced internet systems.
IBM ($141.95 NYSE:IBM)
The International Business Machines Corporation is a U.S.-based company founded in 1911 which operates in over 170 countries. The company is known for manufacturing top-end computer hardware and software while also providing consulting services and hosting, including cloud services. The company also embarked on a journey in the field of genomic medicine and works with a team of scientists that are researching that field.
Oracle Corporation ($47.35 NYSE: ORCL)
Oracle is an American-based computer technology corporation and one of the top 10 tech companies from our list. The company continues to invest in cloud computing as well as other software including various database development solutions.
What other company should make it to the top 10 tech companies, in your opinion, that wasn’t mentioned in the list? Let us know in the comments.