Want to know who's doing the biggest business in IT tech? A new report from research firm Gartner ranked the top tech vendors worldwide, based on revenue for IT and its components.
The comprehensive list takes a look at a wide range of tech companies, from industry stalwarts like Microsoft and IBM to their newer competitors like Facebook, Google, and Amazon, to see how they rank in terms of sales. And beyond the big names, the list of 100 also includes smaller companies that work directly with businesses to sell customized software.
Here are the top 10 IT vendors, and their 2016 IT revenue, according to Gartner:
1. Apple ($218.1 billion)
2. Samsung Vendor Group ($139.1 billion)
3. Google ($90.1 billion)
4. Microsoft ($85.7 billion)
5. IBM ($77.8 billion)
6. AT&T ($70.5 billion)
7. Dell Technologies Vendor Group ($59.5 billion)
8. Intel ($57.6 billion)
9. HP Inc ($48.0 billion)
10. HPE ($46.1 billion)
Here are some other highlights from the report:
- Even with a drop in Apple's revenue—it reported $235 billion in 2015, compared to $218.1 billion in 2016—the tech giant keeps its spot as No. 1. The report illustrates Apple's position as a leader in the space, as its 2016 revenue is roughly $79 billion larger than Samsung, the next vendor on the list.
- Many of the top companies reported slight drops in revenue between 2015 and 2016. Samsung's IT and components revenue dropped this time around, from its previously reported $142 billion in 2015. Microsoft kept a top spot, although it's revenue dropped slightly from $88.1 billion in 2015. And IBM also reported a slight decrease, down from its previous $79.6 billion last year.
- In contrast, Google's revenue spiked in the latest report—the search engine giant reported $74.9 billion in 2015 and $90.1 billion in 2016.
"The needs of IT buyers are shifting," wrote John-David Lovelock, vice president and distinguished analyst at Gartner, in a blog post. "CEOs are focused on growth and are more focused on realizing business outcomes from their IT spending."
The "Nexus of Forces"—which Lovelock describes as the joining of social, mobility, cloud, and information technologies that drive new business cases—"has been the focus of attention for many years, however, the impact of digital business is giving rise to new categories," he wrote in the post.
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Hope Reese has nothing to disclose. She doesn't hold investments in the technology companies she covers.
Hope Reese is a journalist in Louisville, KY. Her writing has been featured in The Atlantic, The Boston Globe, The Chicago Tribune, Playboy, Undark Magazine, VICE, Vox, and other publications.