5 Most Valuable IT Companies in the World

2. Alphabet Inc. (NASDAQ: GOOG)

Market Cap: $1.744 trillion

Google’s parent company, Alphabet Inc. (NASDAQ: GOOG) has earned the number 2 spot in the list of the 15 most valuable IT companies in the world. Although its main subsidiary is Google, Alphabet Inc. (NASDAQ: GOOG) has other subsidiaries as well including Fitbit, Google Fiber, Waymo, Deepmind etc. In January 2020, the company became the fourth American company to reach a market valuation of $1 trillion.

The company’s Google division has shown consistent growth over the past few years and is booming within the cloud computing market due to its robust technologies. Shares of the global search engine have soared by 4.88% in the past month alone outpacing the IT sectors gain. Google’s latest partnership with AT&T has also increased competition for other tech giants like Microsoft and Amazon in the 5G race. As of July 15^th, the company had a market cap of $1.744 trillion, making it one of the 15 most valuable IT companies in the world.

Like Microsoft Corporation (NASDAQ: MSFT), ServiceNow, Inc. (NYSE: NOW), SAP SE (NYSE: SAP), International Business Machines Corporation (NYSE: IBM), salesforce.com, inc. (NYSE: CRM), Accenture plc (NYSE: ACN), and Oracle Corporation (NYSE: ORCL), Alphabet Inc. (NASDAQ: GOOG) is one of the most valuable IT companies in the world.