Artificial intelligence is now the engine driving the tech industry. In a year defined by its rapid rise and huge changes, a recent study has highlighted this by spotlighting the top 100 tech companies globally for 2024.
Conducted by Coveragely.com, the study reveals the financial progress and innovation of these companies. It shows metrics such as net asset values, market capitalisation, annual revenue, operating margins and number of employees, noting their resilience despite global economic fluctuations. Surprisingly, only one UK company made it to the list.
Alphabet, Google’s parent company, is number one in the list of top 100 tech companies with a perfect score of 100. Alphabet’s financial performance is commendable across all metrics. With a net asset value of $293 billion—the highest globally—and a market capitalisation of $2.28 trillion.
Its annual revenue of $318 billion, coupled with an operating margin of 25.49%, discloses its ability to generate and efficiently convert revenue into profit. The company’s total assets are valued at $407 billion, with…
