Apple Top IT Vendor in 2016, Followed by Samsung and Google: Gartner

Apple Top IT Vendor in 2016, Followed by Samsung and Google: Gartner
Highlights
  • Apple was the largest vendor in 2016 with over $218 billion
  • Google with $90.1 billion was third
  • The 'Nexus of Forces' has been the focus of attention for many years
Advertisement

Apple was the largest vendor in 2016 with over $218 billion (roughly Rs. 14,05,658 crores) in IT revenue - approximately $79 billion larger than Samsung (with $139 billion or roughly Rs. 8,96,203 crores) at second spot, Gartner said on Tuesday.

Google with $90.1 billion (roughly Rs. 5,81,641 crores) was third, Microsoft with $85.7 billion at fourth spot, and IBM with $77.8 billion was at fifth position when it came to IT revenue in 2016.

"The needs of IT buyers are shifting. CEOs are focused on growth and are more focused on realising business outcomes from their IT spend," said John-David Lovelock, Vice President and Distinguished Analyst at Gartner.

"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," he added.

'Nexus of Forces' refers to the convergence of social, mobility, cloud and information that drive new business scenarios.

This is for the first time that Gartner published a ranking of the top 100 largest tech companies in the world based on estimates for their revenue across IT (excluding communication services) and component market segments.

"The top three vendors (Apple, Samsung Vendor Group and Google) can attribute much of their size to their solid alignment with the 'Nexus of Forces'," the report added.

As enterprises increasingly digitalize their products and services, digital giants (Google, Apple, Facebook, Amazon, Baidu, Alibaba and Tencent) can become involved in, or even take over, the digital experience.

Gartner predicted that by 2021, 20 percent of all activities an individual engages in will involve at least one of the top seven digital giants.

"Digital giants effectively become gatekeepers for any business that delivers digital content and services to consumers," Lovelock added.

The focus of the digital giants has mainly been in the consumer, citizen and employee world.

Because the digital giants have not yet been as focused on business to business (B2B), there is opportunity for other companies to take the lead.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Boltt Wearable Ecosystem Goes Up for Pre-Orders
ProtonMail Launches VPN Service for Everyone, Includes a Free Tier
Share on Facebook Gadgets360 Twitter Share Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »