Top 10 Digital Businesses
Digital Businesses embed technology in businesses to establish more value in existing models, customer experiences, and core operations by increasing their capabilities and efficiency. The term ‘Digital Business’ includes both digitals as well as traditional players that are involving their businesses with digital technologies. It is changing the way how enterprises use and think about technology, technology has emerged as a leading player in innovation, revenue, and market growth.
Nowadays people are using more electronic payment, which has transformed businesses to digital sources of revenue and digital channels. The growth of the digital economy has made people more familiar with digital products and services and has been a driving force for organizations to seek more competitive advantages in the digital environment. But digital business has much more than just selling online and digital transactions.
According to Accenture“Digital businesses create competitive edges based on unique combinations of digital and physical resources. They do things that others cannot and in ways that build comparative advantage.”
Apple Inc. is an American multinational technology organisation that specializes in consumer electronics, computer software, and online services. The iPhone maker is the absolute leader by revenue and the world’s most valuable company. A fierce rivalry of Information Technology companies, industry leader however holds the current highest market valuation cap of $1.91 dollars. The tech giant is driving the biggest technological revolution.
Microsoft Corporation is an American multinational technology corporation that produces computer software, consumer electronics, personal computers, and related services. A revolutionary idea by Bill Gates has shown the world complete change, its approach to computing and operating systems from back in time. The tech corporation is a trillion-dollar company that is working towards building sustainable creation and cost-efficient technologies. The software giant, Microsoft has changed the world for good.
Samsung Electronics is a South Korean multinational electronics company, the pinnacle of the Samsung chaebol. It has an assembly plant and sales network in 74 countries and employs around 290,000 people. The South Korean tech giant was originally an export company dealing in fertilizers and sweeteners. But has transformed itself into the world leader in smartphones and appliances. It is the world’s second-largest technology company by revenue.
Alphabet Inc. is an American multinational conglomerate headquartered in California. It was created through a restricting of Google, and later became the parent company of Google and several Google subsidiaries. It is an ideation firm that lends weight to creative projects and also houses companies such as Jigsaw and Waymo. The CEO is the very popular Sundar Pichai and under his guidance, Alphabet became the world’s fourth-largest technology organization by revenue and one of the world’s most valuable companies.
AT&T Inc. is an American multinational conglomerate holding company headquartered in Texas. It is the world’s largest telecommunications company and has long been known as a force in satellite televisions and telephones’ markets. The company later expanded into digital streaming and IP rights protection and has a market cap valuation of close to $208 billion.
Amazon Inc. is an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the top employers across the world. Amazon started off as a marketplace for e-books and has risen to gigantic levels venturing into new-age services like cloud computing and digital streaming. The company has been referred to as “one of the most influential economic and cultural forces in the world”, as well as the world’s most valuable brand.
Verizon Communications Inc. is an American multinational telecommunications conglomerate headquartered in New York City. The telecom firm is known for its creative marketing campaigns and a strong presence in sports events. American telecom leader deals in everything right from broadband to telematics.
China Mobile is the trade name of both China Mobile Limited China Mobile Communications Group Co., Ltd. Headquartered in Hong Kong, the telecom company from the emerging superpower nation China holds domination in almost every tech domain possible. With its majority shareholder being a Chinese state-owned company, range from fixed telephones to digital and internet television are serviced by China Mobile.
The Walt Disney Company, commonly known as Disney is an American diversified multinational mass media and entertainment conglomerate headquartered in California. The company established itself as a leader in the American animation industry. With revenues close to $69.5 billion as of last year, Walt Disney has entered a vast domain of products and services – live-action film production, television, and most notably the amusement parks.
Facebook Inc. is an American multinational conglomerate based in California. It was founded by Mark Zuckerberg. The social networking firm is immensely popular across the world. It is one of the world’s most valuable companies. Facebook offers other products and services beyond its social networking platform, including Facebook Messenger, Facebook Watch, and Facebook Portal. It also has acquired Instagram, WhatsApp, Oculus, Giphy, Maphillary and has a 9.99% stake in Jio Platforms.
Written By: Nidhi Kumari