The Most Valuable IT Companies
December 3, 2017
There are many IT companies. It is a large industry that has been continuously growing for many years now. A few decades back, these companies were small and the industry wasn’t as developed. It was a gamble to start a company in the IT industry. Despite this, many envisioned its growth. Over the years, the industry took over and today, we rely on IT devices most of the time. Here’s a list of the most valuable IT companies in the world.
Apple is the most valuable IT company and the most valuable company in the world. The company was initially founded by Steve Jobs, Steve Wozniak and Ronald Wayne in 1976. The company was based in Steve Jobs childhood homes garage. The company initially released personal computers and their products were a success albeit the high price. This allowed Apple to grow but the company faced a tough time from the Late 80s to the mid 90s. This was the time when Steve Jobs left and re-joined, coinciding with Apple’s decline and growth. The 2000s was the best years for Apple, allowing them to surpass many IT companies including their rivals Dell and Microsoft. They branched out to music distribution ranging from stock music library to high end desktop computers. This success, has led Apple to dominate the IT industry with a loyal customer base and brand awareness.
Google is a company that started out as a search engine and expanded and diversified into many other businesses relating to IT as well. The company was founded by Larry Page and Sergey Bin in 1998 when they were PhD students at Stanford University. Initially, this was merely a project and the search engine began to grow. It ranked pages differently to what was available back then. Primarily a software company, Google has branched into hardware production as well, with their Google Pixel smartphones and laptops. Google is currently ranked 2nd most valuable company and Google.com is the 2nd most visited website in the world. Google further owns sites such as YouTube that have video production music and various content.
Microsoft was founded by Paul Allen and Bill Gates in 1975. Microsoft’s main product is Windows, which is an operating system for computers. Windows runs on nearly 90% of computers sold worldwide, thereby making Bill Gates the richest man alive and Microsoft the 3rd most valuable company in the world. Not having to face any major competition has mad Microsoft’s growth monumental. There have been many iterations of Windows so far and currently Windows 10 is the latest iteration. Microsoft also competes with Google and Apple as their main competitors.