Competition
is good for business. But you better pray that one of these companies is not
your rival if you are a tech firm.
In
the US, all listed companies need to file Form 10-K which gives government and
shareholders detail about their financial performance. In this form, companies
also need to mention their competitors.
Bloomberg ranked technology companies by the number of times they were cited
as competitors in the latest Form 10-K filing of different firms.
Here
are the 18 most dangerous tech rivals.
Yahoo!
Rank: 14
Number of top 50 firms mentioning it as competitor: 6
Location: California, US
Yahoo
is an internet service company that offers various services such as including
email, search, news, finance, and photo hosting.
Texas Instruments
Rank: 14
Number of top 50 firms mentioning it as competitor: 6
Location: Texas, US
TI is
a global semiconductor design & manufacturing company. It is the third
largest manufacturer of semiconductors in the world.
STMicroelectronics
Rank: 14
Number of top 50 firms mentioning it as competitor: 6
Location: Geneva, Switzerland
Europe’s
largest semiconductor company, STMicroelectronics is headquartered in Geneva
(Switzerland). According to Wikipedia, the company is world leader in segments
such as inkjet printheads, smartcard chips, and computer peripherals.
Facebook
Rank: 14
Number of top 50 firms mentioning it as competitor: 6
Location: California, US
Facebook
is the biggest social networking website that helps user connect with friends,
family and acquaintances.
Broadcom
Rank: 14
Number of top 50 firms mentioning it as competitor: 6
Location: California, US
Broadcom
Corporation is a semiconductor company that provided chipset for Apple iPhone,
iPod, Nintendo, and many of Samsung’s phones such as Galaxy S4 and S5.
Toshiba
Rank: 12
Number of top 50 firms mentioning it as competitor: 7
Location: Tokyo, Japan.
Among
many engineering and electronics products Toshiba sells; it is the fifth
largest computer vendor and also among the top five semiconductor companies in
the world.
Accenture
Rank: 12
Number of top 50 firms mentioning it as competitor: 7
Location: Dublin, Ireland
Accenture
is a global management consulting, technology services and outsourcing company,
with more than 293,000 people serving clients in more than 120 countries.
Cisco Systems
Rank: 10
Number of top 50 firms mentioning it as competitor: 8
Location: California, US
Cisco
is the worldwide leader in networking that designs, manufactures and sells
equipments.
Rank: 10
Number of top 50 firms mentioning it as competitor: 8
Location: Washington, United States
Amazon
is the world’s largest online retailer. It is also the world’s largest internet
company on revenue and number of employees.
Intel
Rank: 8
Number of top 50 firms mentioning it as competitor: 9
Location: California, US
Intel
is the inventor of the chipset (x86) that’s found inside most of the computers
in world. It is also the world’s largest and highest valued semiconductor
company.
Dell
Rank: 8
Number of top 50 firms mentioning it as competitor: 9
Location: Texas, US
Dell
is the biggest computer manufacturer in the world.
Samsung Electronics
Rank: 7
Number of top 50 firms mentioning it as competitor: 11
Location: Suwon, South Korea.
The
flagship company of the Samsung Group, Samsung Electronics is one of the
biggest information technology company in the world. According to Wikipedia, it
has sales networks in 80 countries and employs around 370,000 people.
Google
Rank: 5
Number of top 50 firms mentioning it as competitor: 12
Location: California, U.S.
The
internet giant, which started as search engine, now offers numerous
internet-related services including cloud computing, softwares, and online
advertising technologies. It also develops Android operating system for
smartphones.
Apple
Rank: 5
Number of top 50 firms mentioning it as competitor: 12
Location: California, US
Apple
designs and creates iPod and iTunes, Mac laptop and desktop computers.
Oracle
Rank: 4
Number of top 50 firms mentioning it as competitor: 13
Location: California, United States
The
company specialises in developing and marketing computer hardware systems and
enterprise software products – particularly its own brands of database
management systems, according to Wikipedia.
Hewlett-Packard
Rank: 3
Number of top 50 firms mentioning it as competitor: 15
Location: California, US
HP is
one of the biggest manufacturers of computers and printers in the world.
Microsoft
Rank: 2
Number of top 50 firms mentioning it as competitor: 16
Location: Washington, US
The
company develops, manufactures, licenses, supports and sells computer software,
consumer electronics and personal computers.
IBM
Rank: 1
Number of top 50 firms mentioning it as competitor: 18
Location: New York, U.S.
IBM
is a technology consulting company that also manufactures and sells computer
hardware and software. There are many famous invention that IBM is credited
with. Some of them include Automated teller machine (ATM), floppy disk, and
hard disk drive.
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