Magazine roundup: Top 100 companies in technology for 2023

December 28, 2023

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We take a look at some of the leading companies across the sector in 2023, all committed to harnessing the power of new and transformative technologies

From the Big Five, to the most influential technology consultants, Technology Magazine looks at 10 of the top technology companies in the world for 2023.

Ranging from the devices we use everyday, to services that make our lives easier, these companies work to shape our futures.

“Our list of the technology world’s top companies is an inspiring deep-dive into the most innovative, transformational and significant companies across the globe in 2023,” says Marcus Law, Editor in Chief of Technology Magazine. “With advanced technologies like generative AI driving change at an unprecedented speed and scale, all of the companies featured in this year’s list are at the forefront of innovation.”

To see the full list for 2023, please click HERE.

10: OpenAI

Founded by Elon Musk, Sam Altman and other investors in 2015, OpenAI is an AI research and deployment company dedicated to ensuring that AI benefits all of humanity.

The company’s release of ChatGPT in November 2022 has rapidly accelerated interest in generative AI, with the tool capable of interacting conversationally and answering follow-up questions.

In January 2023, Microsoft announced a multibillion-dollar investment in OpenAI, intended to accelerate AI breakthroughs. Continuing its commitment to transformative innovation, the company launched GPT-4, the latest iteration in its deep learning model, in March of the same year.

9: Meta

Meta builds technologies that help people connect, find communities and grow businesses. When Facebook first launched in 2004, it changed the way people connect. Today, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality (VR/AR) to help build the next evolution in social technology.

In fact, the company has already invested US$150m in VR/AR training and resources to help students, creators and developers learn new skills and unlock metaverse opportunities.

With co-founder Mark Zuckerberg still at the helm, serving as Meta's CEO, the company’s platforms, including Facebook, Instagram, and WhatsApp, have transformed the way people connect, share information, and engage with digital content.

8: Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. With experience across more than 40 industries, Accenture offers Strategy and Consulting, Technology and Operations Services and Accenture Song—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centres.

The company’s deep industry expertise helps clients address their most complex and critical challenges—whether it’s through faster cloud migration, getting the most value out of the top technology platforms or making the most of data through applied intelligence.

7: Deloitte

Deloitte’s expertise focuses on helping technology companies globally deal with the demands of adapting their business strategies to succeed in a changing market.

The company boasts a wide range of technology professionals based all around the world, who work to help clients resolve their most critical information and technology challenges. For instance, its Unlimited Reality offering is designed to help clients understand and capitalise on the next massive wave disrupting business and society and to equip executives with the strategies, tools and technologies they need to fully exploit virtual worlds and virtual economies.

6: Tata Consultancy Services

Tata Consultancy Services (TCS) is an IT services, consulting and business solutions organisation that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years.

A part of the Tata Group, India's largest multinational business group, TCS has over 500,000 of the world’s best-trained consultants in 46 countries. TCS helps businesses successfully navigate digital transformation and drive real growth, drawing on the combined power of experience and contextual knowledge, across a vast ecosystem of expertise.

The company has also been ranked the number one IT service provider for customer satisfaction by Whitelane Research - a title which it has claimed for ten years running.

5: IBM Consulting

IBM, the multinational technology company, was founded in 1911, making it one of the oldest and most influential players in the industry. Headquartered in Armonk, New York, and led by CEO Arvind Krishna, IBM has a rich history of innovation and technological advancements.

With a focus on enterprise solutions, cloud computing, AI and consulting, IBM has consistently pushed the boundaries of technology, helping businesses worldwide achieve their digital transformation goals and pioneering ground-breaking research in various fields.

IBM Consulting announced in 2023 that it had established a Center for Excellence for Generative AI, with more than 1,000 consultants with specialised generative AI expertise.

4: Apple

Founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple has become synonymous with innovation from Macintosh computers to the iPhone, iPad and its latest Vision Pro extended reality headset.

Under the leadership of CEO Tim Cook, Apple continues to shape the future of technology with its relentless pursuit of excellence and industry-leading advancements. With its headquarters in Cupertino, California, Apple has more than 100,000 employees worldwide. As of 2022 it is the world's largest technology company by revenue, at US$394.3bn.

3: Microsoft

Headquartered in Redmond, Washington and led by CEO Satya Nadella, Microsoft was first founded in 1975 by Bill Gates and Paul Allen.

The company’s mission is to empower every person and every organisation to achieve more. It believes technology can and should be a force for good and that meaningful innovation contributes to a brighter world in the future and today.

Its diverse product portfolio includes the Windows operating system, productivity software like Microsoft Office and cloud services with Azure. The company has also invested heavily into OpenAI, holding a 49% stake in the organisation: utilising GPT-4 into its Bing search engine.

2: Google

Google was founded in 1998 by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University. Headquartered in Mountain View, California, Google has since evolved into a global technology powerhouse with a mission to organise the world’s information and make it universally accessible and useful.

Beyond search, Google offers a vast array of products and services, including AI, online advertising, search engine technology, cloud computing, computer software, quantum computing, ecommerce and consumer electronics.

In March 2023, Google Cloud announced a range of new products that infuse generative AI into its offerings, empowering developers to responsibly build with enterprise-level safety, security, and privacy. Its Bard generative AI chatbot is seen as a direct competitor to OpenAI’s ChatGPT.

Since this magazine was written, in December 2023, the company launched Gemini AI with Google DeepMind - which has been hailed as Google’s most powerful chatbot yet.

1: Amazon

Amazon is a pioneering force in the ecommerce and cloud computing industries. Founded by Jeff Bezos in 1994, and today led by CEO Andy Jassy, the company has continuously pushed the boundaries of innovation.

Amazon's advanced logistics and supply chain technologies have revolutionised online shopping, enabling seamless delivery and customer satisfaction. The company's robust e-commerce platform caters to millions of customers globally, offering a vast range of products and services.

Its implementation of robotics, automation, and AI-powered algorithms, meanwhile, has optimised warehouse operations and streamlined delivery processes, ensuring efficient and timely order fulfilment.

Amazon Web Services (AWS), its cloud computing division, has transformed the tech landscape. It provides scalable and secure cloud infrastructure, empowering businesses with computing power, storage, and advanced analytics.

Together, its more than 1.6 million employees help research and develop new technologies from Amazon Web Services to the consumer electronics market with devices like the Kindle e-reader, Fire tablets, and Echo smart speaker.