Top Giant Technological Company in 2023 . Business News

 

Top Giant Technological Company in 2023. Business News 

Technology developed day by day. Nowadays We cannot do any work without technological products. In the whole world, there are many companies, over 333.34 million companies. And every company can be another industry, dependent on technology.

Here we are going to discuss some technological companies which are reigning all over the world.

In this article, we discussed 10 companies according to Forbes The Global 2023.

Amazon:

 Amazon is an American Multinational Technology Company. Jeff Bezos found this company on 15th July 1994. 

Since then, 28 years have passed with incredible success. It is one of the most influential economic and cultural forces in the world. It is also referred to as one of the world's most valuable brands. Its headquarter is situated in Seattle, Washington, and Arlington, Virginia, US.

 

This company focuses on E-commerce, digital distribution cloud computing, artificial intelligence, consumer electronics, Entertainment, Self-driving car, and supermarket. It became known as a bookstore around the world, later expanding its range of products to become known as The Everything Store. Amazon has earned a reputation as a disruptor of well-established industries through technological innovation and mass scale.

 

Amazon has many subsidiaries like Zoox, Amazon web service, Amazon Lab126, Ring twitch, etc. There is a whole food market too. Amazon prime video, Amazon Music, and Audible distribute a variety of downloadable and streaming content. It sells books, music, movies, housewares, electronics, toys, and many other things can say it sells every kind of product. This company never stoops the length of a lane, it spread its proficiency. The company began as an online retailer and is now a powerhouse in cloud computing operations. Amazon is the largest and most successful retailer in the western world because it built the best customer experience. Leadership, differentiation, and focus, are the three ststrategiesre maintained by Amazon and this is their success key, you can say.

As of 2021, it is the world's largest online retailer and marketplace.

• Revenue: US$469.822 billion (2021)
• Operating income: US$24.879 billion (2021)
• Net income: US$33.364 billion (2021)
• Number of employees: 1,608,000 (December 2021)

 

Apple: 

This is an American multinational technology company. Its headquarter is situated in Cupertino, California, US. Apple company started its journey on 1 April 1976 with Steve Jobs, Steve Wozniak, and Ronald Wayne about 76 years ago.

 The name Apple was chosen by Steve Jobs because he liked apples. They are consumers of electronics and gives online and software service. Apple is an American artisan of personal computers, smartphones, tablet computers, computer peripherals, and computer software.

They provide AirPods, Apple Watch, iPad, Home Pod, iPod touch, Beats products, iPhone and Macintosh.

This company first appear with Apple I, It was Wozniak's invention. It is an 8-bit desktop computer or personal computer released in 1976. Then they brought Apple II which became a best-seller microcomputer. Apple became the first publicly traded U.S. company valued at three trillion dollars in January 2022. It is one of the big five American companies. Apple phones and wearables are Left behind desktop computing and have a place in the minds of customers.

Apple has its hardware, operating system, application, and services.

Apple has designed, and performed with good quality, manufactures and markets smartphones, personal computers, tablets, wearables, and accessories, and sells many other related services. Apple's products were sold in classy retail stores that set the gold standards for sales and support of tech devices.

Apple stands successfully with a market capitalization of 2.64 trillion U.S. dollars as of April 2021 and making them the most valuable company as well. This company is interesting for its great products. They made new featured products and deliver them successfully. An interesting fact about apples is Apples make up half of the World's deciduous fruit tree production and over 2,500 varieties of apples are grown in the United States. Apple has become the world's first Essential Luxury Brand.

 

• Revenue: US$365.82 billion (2021)
• Operating income: US$108.95 billion (2021)
• Net income: US$94.68 billion (2021)
• Number of employees: 154,000 (2021)

Alphabet Inc: 

Alphabet Inc. is an American multinational technology company. Alphabet means a collection of letters which represent language. It is the core of how we index with Google search. It’s headquartered in Mountain View, California. 

It was created through the integration of Google, and now it has become the parent of Google company. It was founded on 2nd October 2015, founded by Larry Page and Sergey Brin. It provides Artificial intelligence, Robotics, Software, the internet, health care, Automation, Biotechnology, cloud computing, computer hardware, corporate venture capital, etc. This company is made for the cleaner and more accountable Google business.

 It is a global technology company that works worldwide. It provides different kinds of products, and it has many platforms too like- search, maps, calendar, ads, Gmail, Google Play, Android, Google Cloud, Chrome, and Youtube. More than 160 companies encompass Alphabet Inc. It has a $1.7 trillion market cap where Google is its flagship subsidiary.

 

GOOG and GOOGL are stock ticker symbols for Alphabet Inc, here GOOG shares have no voting rights, while GOOGL shares do. It split its two classes of shares by a 20 to 1 margin, a move that reduced the price of one share from just over $2,200 on Friday to about $110 on Monday.

 

• Revenue: US$257.6 billion (2021)
• Operating income: US$78.7 billion (2021)
• Net income: US$76 billion (2021)
• Number of employees: 156,500 (Dec 2021)

 

Microsoft: 

Microsoft Corporation is an American multinational technology corporation. situated at the Microsoft Redmond campus located in Redmond, Washington, United States. The founder of Microsoft is Bill Gates and Paul Allen, founded on April 4, 1975, about 47 years ago.

 They supply software, computer hardware, consumer electronics, social networking service, cloud computing, video games, the internet, corporate venture capital, etc. Windows, Office, Skype, Visual Studio, and Dynamics are its brands.

It has some subsidiaries, including GitHub, LinkedIn, Skype technology, and Metaswitch. The Company develops and supports software, services, devices, and solutions.

Microsoft was named by the founder Paul Allen, from the combination of the words microcomputer and software.

Microsoft Office is one of the company's most well-known software. The first version of Microsoft Office was released in 1989 for Mac, and a year later made its way to Windows.

Microsoft's employees are known as a nickname Softie, because of their hardworking and serious development. Microsoft regularly is ranked as one of the best places to work for all of these serious employees.

Microsoft is one of the largest sellers in the present world. Their tenacity, efficiency, respect for work, and ability to keep abreast of changes in technology, market demand, or business opportunities, are responsible for their success. Microsoft has nearly 75% share in the desktop operating system, and it has also a strong brand identity.

 

• Revenue: 198.3 billion (2022)
• Operating income: US$83.4 billion (2022)
• Net income: US$72.7 billion (2022)
• Number of employees: 221,000 (2022)

Samsung Group: 

Samsung Electronics Co., Ltd. is a South Korean multinational electronics company. Its main office is situated in Yeongtong gu, Suwon, South Korea. It is founded on 13 January 1969 about 53 years ago. 

It has some subsidiaries like Samsung Medison, Samsung Telecommunication, SmartThings, Harman International, Viv, etc. It provides Electronics, semiconductors, Information Technology, Medical devices, the Internet of things, Automation, Home appliances, Robotics, etc. It is one of the best-produced companies of electronic devices. It is a specialized producer of industrial electronics, including appliances, digital media devices, semiconductors, memory chips, and integrated systems.

It’s a semiconductor, LCD screen, and other technological products that made it more famous and successful. They created the digital TV in 1998, the Watch phone and MP3 phone in 1999, and the 3D home theater in 2010. They also produced the first curved smartphone display in 2013. Amazing, isn’t it? You will be surprised to know that in 2000 they made a phone which can take 20 photos at a time. At that time it was a great creation of Samsung. Its brand management process is the secret of success and they are hard workers too.

You can get from this company televisions, digital cameras, cell phones, storage devices, home appliances, security systems, smartwatches, and computer products. It has a great capability for different work at a time.

 

• Revenue: ₩279.6 trillion (2021)
• Operating income: ₩51.63 trillion (2021)
• Net income: ₩39.9 trillion (2021)
• Number of employees: 287,439 (2021)

 

Tencent Holding: 

Tencent Holdings Ltd. is a Chinese. It is a  multinational technology and entertainment conglomerate. It has a stake in over 600 companies. Its headquartered in Shenzhen. About 23 years ago on 11 November 1998, It was founded by five people. 

This company is the largest and highest-growing video game and multimedia company. They mainly targeted to produce games and published them. This company provides Artificial intelligence, cloud computing, Automation, search engine, search networking, mass media, web portal, instant messaging, music, film production, online services, and video games. They are divided into three portions Tencent games, Tencent music, and Tencent pictures. This company provides its products through its subsidiaries - Fatshark, Funcom, Iflix, Leyou, Miniclip, Riot games, etc.

Tencent holding's main mission is to improve the quality of life through internet value-added service. And now this company delivers integrated internet solutions to over 1 billion netizens. Tencent is growing very fast as we can see that their revenue has increased more than before; revenues grew from $47.3 billion in 2018 to $86.8 billion in 2021. It's innovation and wise development decision is the secret of success.

 

• Revenue: US$86.84 billion (2021)
• Operating income: US$42.11 billion (2021)
• Net income: US$35.32 billion (2021)
• Number of employees: 112,771 (2021)

Meta Platform:

Meta is formally named Facebook. It is an American multinational technology conglomerate company that owns Facebook, Instagram, What's an app, and many other products and services.

 It is situated in Menlo Park, California, America. Founded on January 4, 2004, about 18 years ago by Mark Zuckerberg who is the chairman and CEO of Meta. Mark is responsible for setting the overall direction and product strategy for the company. Meta is now very popular among people. In October 2021, the parent company of Facebook changed its name from Facebook Inc. to Meta Platforms.

Meta is a social technology company that operates to build applications and technology to connect people find communities and grow businesses. It is also engaged in advertising, augmented, and virtual reality. About 3.6 billion people are active users of meta. The combined monthly active users across Facebook, Instagram, and Whatsapp crossed 3.6 billion users around the world. Meta owned what's an app in October 2014 for around $22 billion. 

From an interview, we get to know why they choose Meta as their company’s parent name. Mark Zuckerberg said,

" it reflects the full breadth of what we do and the future we want to help build". But he also said he had chosen it as in Greek it means 'beyond'.

Meta Products are dedicated networks of services, products, people, and environments fed by the information flows made possible by the web and other ubiquitous technologies. 

 

• Revenue: US$117.929 billion (2021)
• Operating income: US$46.753 billion (2021)
• Net income: US$39.370 billion (2021)
• Number of employees: 83,553 (2022)

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Cisco System:

 Cisco system is an American Multinational Technology corporation. The meaning or full form of CISCO is "Computer Information System Company". Its headquartered in San Josh, California. Founded by Leonard Bosack and Sandy Lerner, two computer scientists of Standford University on 10th December 1984. 

They are the ambassador of the LAN concept. They are used to connect distant computers over a multiprotocol. This company display, enlarge, produce, and sells Hardware, Software, Telecommunication equipment, and other high-technology services and products

Cisco had a market capitalization of around $267 billion in December 2021. It specialized in routers, switches, cybersecurity, and IoT. This company is best known for computer networking products. Cisco uses Anycast routing, in which incoming requests can be routed to different nodes. They have more than 30 data centers across the world that can use the same single IP address. This made them unique from other companies. Cisco achieves the top spot in addition to the company's number one ranking in the World's Best Places to Work list.

• Revenue: US$51.56 billion (2022)
• Operating income: US$13.97 billion (2022)
• Net income: US$11.81 billion (2022)
• Number of employees: 79,500 (2021)

Oracle Corporation:

Oracle Corporation is an American multinational computer technology corporation. Oracle is an organization or a person that provides knowledgeable and insightful counsel.

 It is situated in Austin, Texas. Founded on June 16, 1977, about 45 years ago by Larry Ellison, Bob Minar, and Ed Oates. It provides Oracle Application, Oracle Database, Oracle ERP, Oracle cloud, Enterprise Manager, Fusion Middleware, server, workstation, etc products. They sell Database software and technology, cloud-engineered systems, and enterprise software products.

It is best known for software products and services like Java and Solaris. This company’s most popular products are Database software, Application software, and Middleware software. 

This company’s four main business segments are cloud, license, hardware, and services. 249 companies use oracle including Netflix, eBay, LinkedIn, wealth simple, etc.

 

• Revenue: US$365.82 billion (2021)
• Operating income: US$108.95 billion (2021)
• Net income: US$94.68 billion (2021)
• Number of employees: 154,000 (2021)

 

Broadcom Inc: 

Broadcom Corporation is an American fabless semiconductor company. It is situated in San Josh, California, US. It was founded in August 1991 by Henri Nicholas and Henry Samueli.

It designs, develops, and provides semiconductors and frameworks for software solutions. It provides data center switches and routers, set-top CMTS, cable modems, PON or DSL, Ethernet NICs, filters and amplifiers, ASIC, wireless connectivity solutions, embedded processors, HDD/SSD controllers, enterprise SAS, SATA, Fibre Channel connectivity, optical isolation, motion encoders or LEDs, etc. But Broadcom’s revenue is slowing down, It is down over 17.6% this year than 2019. It has many achievements too. They Delivered the first high-speed digital optocouplers for use in hybrid and electric vehicles, the first 5G radio switch, and invented the first cable model.

 

• Revenue: US$27.45 billion (2021)
• Operating income: US$8.52 billion (2021)
• Net income: US$6.74 billion (2021)
• Number of employees: 20,000 (2021)

 

That's all for today. Here we discussed some Giant Technological companies.  We will be back with a new blog with information. I hope it will be helpful for the readers. Thank you.

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