What Are the Top 5 IT Companies?

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There are many powerful and successful IT companies in the world, and some have become household names. Forbes Global 2000’s annual ranking singles out five top companies for 2012 based on sales, profit, assets and market value.

5 SAP (System Analysis and Program Development)

SAP ranks fifth on the list at Forbes Global 2000, with net sales for 2012 of $18.4 billion. It’s in Germany and was founded in June 1972 by five former IBM engineers: Dietmar Hopp, Klaus Tschira, Hans-Werner Hector, Hasso Plattner and Claus Wellenreuther. Its total profits were $4.5 billion and total assets are $29.6 billion. The market value of SAP is $88.1 billion. It specializes in enterprise software that manages business operations and customer relations.

4 United Technologies

This growing IT business is in Hartford, Connecticut, and was founded by 1974 by Harry Gray. In 2012 it had sales of $58.2 billion and earned $5 billion in net profits. Its assets are $61.5 billion and its market value is $77.7 billion. This company specializes in research and development of high-technology products for areas including aircraft engines, helicopters, HVAC, fuel cells, elevators and security building systems. It is most known for producing missile systems and military helicopters, especially the UH-60 Black Hawk Helicopter. If this company would depart from its serious business side and make a video game about aircraft and missiles, Microsoft just might feel challenged.

3 Oracle Corp.

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This company in Redwood City, California, ranks third on the Forbes Global 2000 list. It was co-founded by Larry Ellison, Bob Miner and Ed Oates in 1977, inspired by the success of IBM. In 2012 it brought in $36.7 billion in sales and earned $9.4 billion in profit. Its assets are valued at $72.9 billion and its market value is estimated at $149.5 billion. Oracle specializes in databases and operating systems for personal and business use.

2 Microsoft Corp.

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Microsoft ranks second on the list for IT companies. It was created by Bill Gates and Paul Allen on April 4, 1975; its head office is in Washington state. In 2012 its gross sales were $72.1 billion and it earned $23.5 billion in profits. Its accumulated assets are $112.2 billion, and it continues to grow with a market value of $273.5 billion. Microsoft specializes in software and services for personal use and for businesses.

1 IBM

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In 2012, IBM had net sales of $106.9 billion, putting it at the top of the Forbes Global 2000 list. Its profits were $15.9 billion and its accumulated assets were $116.4 billion. With a market value of $238.7 billion, this fast-growing company began in 1911 as the Computing Tabulating Recording Co. and in 1924 became International Business Machines, aka IBM. Today, this New York business manufactures and sells computer hardware and software, and provides infrastructure, hosting and consulting services. If you’re a gamer, you’ll be happy to know that IBM has also created a popular video game called City One. You likely won’t be surprised that the challenge is to build and understand a city using technology solutions. Sorry, no ninjas in this one.

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