Technology is one of the leading fields in today’s world. Nothing in this world can work without technology anymore. As a result, there are numerous companies that are diving into this field. In this vast field, there are certain companies that have proved themselves the best over and over again.
In this article, we will talk about, what companies are in the technology field. We will learn about various technologies and these companies in detail.
1. What is Technology?Â
Technology is nothing but applying theoretical scientific knowledge for achieving practical purposes and solving problems. With the invention of technology, the daily life of human beings has changed to a great extent. These changes will continue to affect the lives of humans even more in the future.
Technology has made life so much easier. We can now order food, clothes, medicines and other important stuff from the comfort of our homes. We do not even have to step out of the house to solve bank-related problems.
As there are advantages, there are disadvantages of the technology too. Modern technology causes immense radiation that is harmful to humans as well as animals. We often see many birds falling dead on the ground due to the high-end radiation.
2. What Companies are in the Technology Field?
As the demand for technology increases, the demand for tech companies also increases. With the modern advancements in science, everyone is interested in joining the tech field these days.
With the increase in jobs in these areas, it is always advised to start your career with a well-renowned company. In this case, people always have a doubt with respect to the selection of the companies.
But there is nothing to worry, here we will discuss about some of the best tech companies in today’s world.
The companies that are operating in the technology field are generally divided into two categories: service-based companies and product-based companies.
Service-based tech companies are companies that do not have any particular product. But provides services worldwide and acts as clients to product-based companies. Some of the leading service-based companies are Wipro, Tata Consultancy Services, and HCL Technologies.
Product-based companies have their products to release in the market. Google, Microsoft, Netflix, and Apple come under the category of product-based tech companies.
3. Major Tech Companies in OperationÂ
Tech companies take 50% of market capitalization over total market growth. It is because directly or indirectly every sector depends on the tech companies. Let us dive into some of the major tech companies in detail.
3.1 Amazon
Amazon is one of the largest tech companies which serves worldwide with its products and services. Amazon was founded by Jeff Bezos in the year 1994 and developed gradually as one of the biggest tech companies in the world.
Amazon is also known as one of the best workplaces with employ friendly work environment. Working as a software engineer in this company is the dream for many engineers these days. Amazon’s market capitalization is 869.08 billion USD.
Apart from being a tech company, Amazon is also an entertainment platform. It provides amazing content through Amazon music, prime video, mini tv, and a shopping app where you can get your favourite items home-delivered.
The amazing products and services of Amazon include Amazon’s online store, Amazon Prime, Amazon Web Services(AWS), Alexa, and Amazon Kindle. It acts as a parent company as it owns nearly 40 subsidiaries that include Goodreads, Teach Street, Twitch, Zappos, Zoox, Audible, Shopbop, Amazon Robotics(Kiva systems) and many more.
3.2 Apple
Apple is one of the best tech company and software companies founded by Steve Jobs, Steve Wozniak, and Ronald Wayne. Apple is known for its tech and digital devices, its amazing product iPhone is globally popular.Â
Apple provides high security and effective user-friendly access when it comes to its products. Apple’s market capitalization is 2.10 trillion USD.
It is one of the tech giants in the technology sector today. Highly secured personal computers, mobile phones, video game consoles, and desktops are some of Apple’s major products.
The company also provides the facility of a Macbook with inbuilt processing units and video conferencing systems. Apart from that, there are other useful devices launched by Apple like their iPad, AirPods, and Apple Watch.
3.3 Alphabet
Alphabet is a multinational tech company and parent company to Google businesses worldwide. It also owns many top tech companies and next-generation storage solutions like Android mobile devices, Youtube, Waymo, and Deepmind. Apart from that, it also owns Project Wing, Calico, Verily, and many other communication infrastructure markets.
Alphabet products include Hardware like personal computing, desktop computers, Infrastructure, Google Capital, and Google self-driving car project management.
The self-drive car project is a live example of how it plays a vital role in the machine learning and technology industry. Alphabet’s market capitalization is 1.80 trillion USD.
3.4 Google
Google, is the search engine familiar to everyone. There might be very few people who are not familiar with this term. A company with turnovers we cannot even imagine is ruling the technology sector for quite some time. Today, there is no other service more reliable than Google, be it google maps, google play store or even google cloud.
We cannot even imagine a day without Google in our lives. From searching for a simple recipe to finding a location, we always have our trust in Google. The market capitalization of this company is 1.16 trillion USD.
3.5 Microsoft
Microsoft is one of the tech giants and the best companies in the information technology sector. It was founded by Bill Gates and Paul Ellen in the year 1975 in the United States.
Software programmers, technical artists, and software engineers aspire to work in this multinational company. Student life is incomplete without the use of Microsoft Office, Word, and Excel today. Microsoft’s market capitalization is 1.80 Trillion USD.
Some of the major products of Microsoft are MS Office, Teams, Visual Studio, and Spreadsheets. Its subsidiaries include LinkedIn, Skype, and GitHub.
It also plays a vital role in software development tools, building computer software and networking solutions today. Cloud services through Microsoft Azure and many other innovations in the field of information technology are well-known.
3.6 Facebook
Meta is the parent company of Facebook, WhatsApp, and Instagram. These are the main social networking sites that people use for day-to-day communication.
It is planning for virtual reality and augmented reality in the future. In earlier 2004 Mark Zuckerberg created the application Facebook for Harvard University students. It was a fantastic hit that changed everything with respect to communication.
Shifting from traditional methods of texting and mailing to live chat and video calls made it popular. Facebook’s market capitalization is around 317.75 billion USD.
4. ConclusionÂ
These are some of the best and the leading tech companies with billions of turnover. If you are someone who is interested in working for these companies, then start preparing.
There are a ton of articles and resources that you will be able to find online. These will help you in preparing well for these leading organizations.
