From social media to iPhone, the biggest technology firms in the world are responsible for bringing innovation that could change the lives of humans. I have recently read the list shared by Insider Monkey which contains several names and few shake-ups which are popular in the industry and these are ranked on the basis of their particular market cap. The technology industry is evolving at a rapid pace and is considered as a highly-valued sector for the past several decades. Besides the current situation of lockdown due to the outbreak of Coronavirus, tech companies have somehow managed to handle the negative impacts. One of the emerging disruptive technologies is Artificial Intelligence which is frequently used in every walk of life. The advancements of technology in individualized medicine and genetic testing, energy storage, 3D printing, robotics, and fintech will bring huge changes in our routine lives in the near future. These technologies offered by different tech companies are growing at an exponential rate and it is not possible for the human mind to comprehend the magnitude and speed of such exponential growth.
In the list shared by Insider Monkey on Yahoo, Cisco Systems Inc. has been placed in 11th position as one of the biggest tech companies. The headquarter of the company is in San Jose, CA. The company is involved in the designing, manufacturing as well as the distribution of services and products which are Internet Protocol-based and are relevant to the IT and communication sector. These products are offered by the company for the transport of video, voice, and data inside buildings and across the world. The company is offering its services in 88 different countries through 272 offices. The total revenues of the company are around $51.6 billion.
Another company listed by Insider Monkey is HP, which is placed in the 10th position. HP or Hewlett-Packard Company is amongst the biggest computer companies along with IBM. The headquarters of the company are in Houston, TX, and Palo Alto, CA. The key contributions of this company towards the tech sector involve hardware products ranging from personal computers to laptops to supercomputers, printers, software, scanners, networking products, and support and maintenance services. The total amount of revenues of the company are around $58.4 billion.
There are 13 other companies on the list as well, to learn more about these biggest tech companies, you can head to 15 Biggest Tech Companies: How Big Can They Get?