The Dominance of Tech Giants
The Big Five Tech Companies
Technology is pervasive, making it almost impossible to live without a smartphone or tablet. It’s also changing the way we work.
Apple is a household name in consumer electronics and computer software. The tech giant is known for its sleek designs and user-friendly interfaces. Its parent company Alphabet also owns social media sites like Facebook, Instagram and WhatsApp.
Google has become so ingrained in the culture of the Internet that its name entered the lexicon as a verb: to google is to search the Web. Its origins date to 1995, when founders Sergey Brin and Larry Page built their first search engine in their Stanford University dorm rooms.
Now a subsidiary of holding company Alphabet Inc, Google handles more than 70 percent of worldwide online search requests. It also offers other software, including e-mail, map services and productivity tools.
Apple leads in smartphones and computing devices, while Microsoft is a leader in operating systems and productivity software. These giants are often accused of monopolizing their markets and violating consumer privacy by collecting large amounts of data.
Apple produces popular digital gadgets like Mac computers, iPods, iPhones, and iPads. It is also the maker of computer software and online services like iTunes, iCloud, and Apple Music.
Microsoft is known for its Office suite and Windows operating system. It also offers cloud storage solutions and cybersecurity products. The company’s revenue was $168 billion last year. It’s the second biggest software company by market cap in the world. It’s based in the United States.
Whether you use Amazon to shop online, read your favorite novel on the Kindle or play video games on your Xbox, this giant of tech is in business to provide consumers with new ways to access and interact with information. It is also a leader in cloud computing and has a growing presence in the video gaming market with its planned acquisition of Activision Blizzard.
Many of the world’s largest companies inevitably have a hand in technology, which makes it challenging to define what qualifies as a “tech company.” However, these top companies all focus on e-commerce, online advertising, cloud computing and artificial intelligence.
The world’s most prominent software maker is known for products like the Windows operating system, productivity software like Microsoft Office and cloud services through Azure. It is also the parent company of subsidiaries such as LinkedIn and Xbox.
Its mission is to empower every person and organization to achieve more. It believes that meaningful innovation contributes to a better future for everyone.
Its broad portfolio of technology solutions serves diverse industry and sector needs. Its customers include individual consumers seeking productivity tools and entertainment, businesses of all sizes looking for enterprise solutions and infrastructure, government organizations that require security and efficiency, and developers who require platforms to create applications.
5. Dell Technologies
The Big Five tech companies generate a staggering amount of consumer data and cash. But they also have new competitors that pose a threat to their dominance.
The company designs, manufactures, and markets information technology (IT) infrastructure hardware and software solutions. Its operating segments include Dell, EMC, Alienware, SecureWorks, and Virtustream. Its products are sold in 180 countries.
The tech giant is a leader in cloud services and artificial intelligence, which it uses to assist with coronavirus contact tracing for the government. The company also has a strong presence in the gaming market with its Dell Precision line of laptops and desktops.
Named after alternating current inventor Nikola Tesla, the company now encompasses more than just electric vehicles. From solar energy to its own network of charging stations, the firm is a powerhouse in a variety of markets.
The firm’s Cybertruck is designed to save drivers money on fuel costs, and it is pushing hard on Full Self-Driving (FSD). Professionals interested in green tech or artificial intelligence will find plenty of opportunities with this top technology company. The company also has a research lab called Google X and an artificial intelligence health unit known as Verily.
Intel is best known for its computer processors, but it also manufactures other hardware components like memory and solid-state drives. The company has been making significant investments in its Arizona manufacturing base to increase production capacity.
Its iCore line of chips includes multi-core CPUs that are useful for gaming, medical devices and artificial intelligence. It has also developed a system on a chip called Mobileye that’s used in self-driving cars.
The term Big Tech often refers to the world’s biggest technology companies, such as Google, Apple, Amazon and Facebook (also known as GAFA). But other sources include Microsoft in this group as well.