Arm has been listed at number 93 in the just-published Global Titans 2024 list – ‘the ultimate list of the Top 100 Tech Companies shaping our future’.
The key takeaways are that Alphabet (Google) has the world’s largest net asset value, at $293billion.
With a market cap of $3.37trillion, Microsoft is the world’s most valuable company. Amazon leads globally with a staggering $591billion in annual revenue.
The top 10 are Alphabet, Microsoft, Samsung, Amazon, Meta (Facebook), Alibaba, Apple, TSMC, Tencent and Intel.
“From pioneering advancements in AI and cloud computing to revolutionizing e-commerce and semiconductors, these power players shape our tech-driven world,” says the study.
Cambridge-based Arm’s semiconductor activities have made it the UK’s only company in the Top 100 listing. Sometime rivals Intel are at number 10, NVIDIA is at number 11, and Broadcom is at number 12. Despite not making it to the top 10, NVDIA has one of the largest market caps ($3.06trillion). The AI and high-performance computing company also employs the most productive workers, each generating $2.7m in revenue.
This methodology outlines the steps taken to evaluate and rank tech companies based on various financial indicators, including market cap, revenue, dividend percentage, operating margin, number of employees, and revenue per employee. Each is assigned a specific weight to calculate a composite score.
The figures, as the researchers say, reveal are more than just companies – their “staggering financial metrics, relentless innovation, and strategic prowess set them apart as industry leaders”.
“These giants don’t just follow trends,” the authors add, “they create them, pushing the boundaries of technology and shaping the future.
“As they continue to innovate and expand, their influence will only grow, impacting every facet of our digital lives. These power players are not only navigating the future – they’re defining it.”
How they’re defining it, and the lack of transparency about what some of these companies – many of whom have bigger pots of money to play with than some nation states yet (Amazon, Google, Meta) do everything to avoid paying taxes – are doing with the data they generate and own is, of course, another story.
