The last decade has been very important for the technology market. There were a lot of changes and evolutions, with giants becoming bigger and bigger and dominant and companies that grew absurdly from then on.
Business Insider personnel separated the top ten technology companies from the market with their respective market values in 2010 and 2019. The data is from Morningstar Direct.
The Microsoft was already a power in the early, but left the Apple get along when the iPhone has gained popularity. With the arrival of new CEO Satya Nadella, the company’s massive investment in cloud computing helped the Redmond giant regain space and overall leadership.
Market value in 2010: $268.56 billion
2019 Market Value: $1.19 trillion
Apple revolutionized the industry when it launched the iPhone in 2007, and sales soared with each new phone update. More than a decade later, the continued success of the handset has kept the company at or near the top of the industry.
Market value in 2010: $190.99 billion
2019 Market Value: $1.15 Trillion
The IBM began the decade as a corporate Emti power but in the past decade, its growth stopped when companies like Microsoft, Amazon and Google took the lead in cloud computing.
Market value in 2010: $170,87 billion
Market value in 2019: US $119.07 billion
The Cisco has also been affected by the emergence of cloud computing. As companies moved to clouds like Amazon, they needed less of Cisco’s flagship networking equipment. Still, the company resisted and was able to capitalize more.
Market value in 2010: $137.72 billion
Market value in 2019: $192.22 billion
The Oracle began the decade as the industry leader in providing databases and other enterprise software, but its slow entry into cloud computing allowed competitors like Salesforce, Amazon and Microsoft progressed.
Market value in 2010: US $122,93 billion
Market value in 2019: US $184.28 billion
Hewlett-Packard began the decade dealing with internal conflict and strategic issues. Finally, it split into two smaller companies to make the job easier: Hewlett-Packard and Hewlett Packard Enterprise.
Market value in 2010: $121.78 billion
Market value in 2019: $29.76 billion
The Intel, which has long dominated the chip industry for personal computers and servers, was taken by surprise (or not) with the increasing popularity of smartphones – leading to great opportunities for companies such as Qualcomm. Now the company is betting heavily on artificial intelligence, but it needs to be mindful of the growth of the archrival AMD.
Market value in 2010: US $112,67 billion
Market value in 2019: US $252.52 billion
Qualcomm has grown a lot by making powerful smartphone chips and licensing its designs to other manufacturers.
Market value in 2010: $77.44 billion
Market value in 2019: $95.4 billion
The Visa was able to surf the wave of online payments and expanded – a lot – its market value.
2010 Market Cap: $60.91 billion
2019 Market Cap: $410.05 Billion
The SAP entered the decade as a dominant player in corporate IT, thanks to its main database products and other pieces of commercial software. More recently, it has embraced cloud computing with partners such as Amazon and Microsoft.
Market value in 2010: US $56.21 billion
Market value in 2019: US $167.03 billion
Source: Business Insider