These companies are known as “Big Tech” or “Technology Giants” for their market dominance and high revenues. We tell you which ones they are.
Of the 10 largest companies in the world, eight are technology companies . This is due to various factors such as their constant innovation, their global scale, their large amount of data to analyse consumers and because they attract the best human capital to their companies.
And among them there are six major companies known as the “ Big Tech ” or “ tech giants ”. We tell you which ones they are:
Apple became the most valuable company in the world when it reached $3 trillion in June 2023. It designs, manufactures and markets its range of flagship products, including the iPhone, iPad, Mac, Apple Watch, Apple TV, AirPods and now its mixed reality glasses, the Vision Pro.
In addition to these products, Apple also develops and distributes its own software, such as the iOS operating system for mobile devices and macOS for Mac computers.
It also has other services such as Apple Music, a music platform for its users, AppleTV+, a streaming service for entertainment content, and Apple Pay.
It was founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Waynecon. It is currently headquartered in Cupertino, California and its CEO is Tim Cook.
If computers today have Windows, it is thanks to Microsoft. Founded by Bill Gates and Paul Allen in 1975, this company is dedicated to the development, manufacturing, licensing and sale of a wide range of technological products and services.
Not only did it develop Windows, which is used on most personal computers around the world, it also develops and markets a variety of software, including applications such as Microsoft Office, software development tools, database management systems and business solutions.
Additionally, it also sells its Surface devices, which include tablets, laptops and other products, and has ventured into cloud services with Azure, its cloud computing platform, and offers storage, collaboration and other online services through its Microsoft 365 platform.
Its current CEO is Satya Nadella and as of June 2023 it was considered the second most valuable company in the world, with a value of 2.513 billion dollars.
Alphabet was founded in 2015 and was created as part of a corporate restructuring of Google. Its primary purpose is to be a holding company for Google's various subsidiaries and projects.
Under the Alphabet structure, Google became a subsidiary of Alphabet and remains the group's main and best-known company.
Although Google is primarily known for its online search engine, it also offers a wide range of technology-related services and products such as Google Maps, YouTube, Google Drive, Gmail, Google Chrome, and Android, the most widely used mobile operating system in the world.
In addition to Google, Alphabet has several subsidiaries that focus on different business areas such as: Waymo, a company developing autonomous vehicles; Calico, a biotechnology company focused on research into aging and related diseases (although it has not developed anything since 2018); Verily, dedicated to research and development in the field of life science and healthcare; DeepMind, its artificial intelligence and machine learning company that specializes in applications such as games, health and energy; to name a few.
Alphabet is valued at $1.523 trillion and its CEO is Sundar Pichai.
What started out as an online bookstore has grown into one of the largest and most valuable e-commerce companies in the world, now selling not only books but also a wide range of products such as electronics, clothing, household items, toys, food and much more.
It was founded by Jeff Bezos in 1994 and, in addition to e-commerce, it has also expanded into other sectors such as cloud services with Amazon Web Services (AWS) and operates fast delivery services such as Amazon Prime.
It also has Amazon Music for listening to music and Prime Video as a video streaming platform.
Amazon is valued at $1.336 trillion and its current CEO is Andy Jassy.
Meta was previously known as "Facebook" before its name change in October 2021, and became widely known for being the owner of the social network, founded by Mark Zuckerberg in 2004.
But Meta is not just Facebook and has expanded its operations and products. It now also owns other platforms such as Instagram, WhatsApp and Oculus VR, a company that specializes in Virtual Reality.
In addition to its social media platforms, Meta is also involved in developing technologies and products related to artificial intelligence (AI), augmented reality and virtual reality, as it has a vision of building a metaverse.
Its market capitalization is $732.99 billion and its current CEO is still Mark Zuckerberg.
This is the latest company to join the list of Big Techs, and it is no coincidence, as it focuses on designing and manufacturing graphics processing units (GPUs) and self-products related to graphics and high-performance computing.
Nvidia GPUs are widely used in the gaming industry, as well as other graphics-intensive applications such as artificial intelligence, machine learning, movie rendering, and scientific simulation.
In addition to GPUs, Nvidia also develops and manufactures other related products and technologies, such as processors for artificial intelligence, AI systems for self-driving cars, and cloud computing solutions.
The company recently surpassed $1 trillion and its CEO is Jen-Hsun Huang.