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Who are the top tech vendors in IT?

Hafizah Osman | June 23, 2017
Gartner names the top global 100 companies to make the cut.

man on a rock

Gartner has unveiled the top global 100 vendors in IT in 2016 in a report based on their revenue across IT (excluding communication services) and component market segments.

Apple has come first again, beating the other 99 companies to the throne. According to Gartner, the company reached the first spot, as it was the largest vendor with more than US$218 billion in IT revenue in 2016. However, its revenue was less than the US$235 billion it achieved in 2015.

Even though Apple faced a decline in global revenue as a result of its slowing smartphone and tablet market, it was way ahead of Samsung Vendor Group, which nabbed the second rank in 2016 as well as 2015. Its revenue was marginally down, from US$142 billion in 2015 to $139.1 billion in 2016.

This put Apple well ahead of the Samsung Vendor Group by about US$79 billion.

According to Gartner, its declining smartphone and tablet market has resulted in the company’s focus on advanced consumer services and new technologies. Its digital media services and internet-based IT products and services segments showed multi-million dollar revenue in 2016.

As for the Samsung Vendor Group, Gartner said 2016 marked a decline in revenue for the company in most of the revenue categories, led by mobile phone revenue declining US$5.2 billion. Unlike its first-place-rated rival, Samsung its wide range of IT products and focus on the Nexus of Forces put it on the table.

The rivalry for the third, fourth, and fifth spots were between the same companies that made the top five in 2015 – Google, Microsoft, and IBM.

Google moved up two spots from 2015 to sit at third with its US$90.1 billion revenue. Microsoft slipped down one rank to come in fourth, with its US$85.7 billion revenue, and IBM moved down one rank too to take the fifth mark. IBM’s revenue for 2016 was US$77.8 billion.

The top five vendors' combined revenue dropped by US$8.8 billion in 2016. 

Gartner's chart of top IT vendors

According to Gartner, the top three vendors (Apple, Samsung Vendor Group and Google) attributed much of their size to their alignment with the so-called Nexus of Forces.

"The needs of IT buyers are shifting. CEOs are focused on growth and are more focused on realising business outcomes from their IT spend," Gartner analyst and vice president, John-David Lovelock, mentioned.

"The Nexus of Forces has been the focus of attention for many years, however, the impact of digital business is giving rise to new categories."

 

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