Canada is mostly famous for hockey and maple syrup, But nowadays it is the home of many world-leading IT companies. In Canada, IT companies are plays the most important role in the country. In this article, we discussed the Top 10 IT companies in Canada 2022 by revenue and market capitalization.
If you search for the best IT companies in Canada 2022 by revenue and market cap. then this article helps you to find the Top 10 best IT companies in Canada 2022 by their revenue and market cap.
Top 10 IT Companies in Canada 2022
Here is the list of top 10 IT companies in Canada 2022 by revenue & market capitalization
1. IBM
IBM was founded in 1911 in Endicott, New York, as the Computing-Tabulating-Recording Company (CTR) and was renamed "International Business Machines" IBM in 1924.
Nowadays International Business Machines Corporation (IBM) is a leading American multinational technology corporation headquartered in Armonk, New York, with operations in over 171 countries.
IBM Canada's head offices are Now located in Markham, Ontario, and have been there since the early 1980s. IBM has many branches in Canada and become Canada's most successful IT company.
In recent 2022 IBM announced it will deploy its first quantum computer in Canada, putting Canada on a shortlist of countries that will have access to an IBM Quantum System One (QSO) machine.
The Canadian province of Quebec is partnering with IBM to establish the Quebec-IBM Discovery Accelerator to advance R&D within the fields of quantum computing, artificial intelligence, semiconductors, and high-performance computing.
With a total $134567.75M market cap. IBM placed ranked 1 in our list of top 10 IT companies in Canada in 2022.
CEO:- Arvind Krishna
Headquarters:- Armonk, New York, United States
Revenue:- 7,462 crores USD (2022)
Market Cap:- $124525.75M
Employees:- 3,45,900 (2020)
2. Amazon
Nowadays there is no introduction needed for amazon. It is an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
It has been referred to as "one of the most influential economic and cultural forces in the world", and the world's most valuable brand. It is one of the Big 5 American information technology companies, alongside Alphabet (Google), Apple, Meta, and Microsoft.
Amazon has many branches in Canada and opened many offices there. amazon creates many jobs in Canada and provides world-class services. Every year Amazon creates more than 7000+ jobs in Canada.
With a $1.560 Trillion Market cap. Amazon is the 2nd best IT company in Canada in 2022.
CEO:- Andy Jassy
Headquarters:- Seattle, Washington, United States
Revenue:- 38,606.4 crores USD (2020)
Market Cap:- $1.560 Trillion
Employees:- 1,86,8000
3. Tata Consultancy Service
TCS was started in 1968 to provide punched card services to Tata Steel. Today TCS is one of the Largest IT Companies in India by Revenue and Total Market capitalization.
TCS provides IT services, Business and consulting, and Digital transformations to the world’s largest businesses and serves IT services and the IT consulting Industry.
TCS has many offices in Canada and provides IT services in Canada, TCS also creates many job vacancies in Canada. With Rs 1,108,792 Cr. Market cap. TCS is the 3rd best IT company in Canada in 2022.
CEO:- Rajesh Gopinathan
Headquarters:- Mumbai, Maharashtra, India
ROE:- 44.72 %
Revenue:- Rs 171,621 Cr.
Market Cap:- Rs 1,108,795 Cr.
Employees:- 449,800
4. Microsoft
Microsoft Corporation is a USA-based company. Microsoft retains the top position among IT companies in Canada. Selling computer software, most notably the Windows operating systems, Microsoft Office suite, Internet Explorer and Edge web browsers.
It is also one of the greatest game equipment developers company, it developed Xbox, gaming consoles, etc.
Canada is the favorite place to set its business for Microsoft that is the reason Microsoft has many offices in Canada.
Microsoft is the 4th-largest company in Canada in 2022 in terms of Market Capitalization.
CEO:- Satya Nadella
Headquarters:- Redmond, Washington, United States
Revenue:- 16,800 crores USD
Market Cap:- 2,576.06B
Employees:- 181,000 (2021)
5. Infosys
Infosys was started in 1981 by 7 engineers with a total budget of US$ 260. Nowadays Infosys is one of the global consulting and IT services companies with a revenue of US$14 billion(FY20 revenues).
Infosys is the 1st NASDAQ-listed Indian IT Company in India, It provides many IT services in Canada and all over the world.
Nowadays Infosys is a BSE (Bombay Stock Exchange) and NYSE (New York Stock Exchange) listed company with 249,787 employees. With a market capitalization of IN 537,800 Cr, It is considered the world's best IT service company and also the best IT company in Canada.
CEO:- Salil Parekh
Headquarters:- Bengaluru, Karnataka, India
Revenue:- Rs 93,594 Cr.
Market Cap:- Rs 537,800 Cr.
Employees:- 249,787
6. Oracle
Oracle Finance is a world leader in database solutions and an established provider of middleware services, enterprise software, and products, along with computer hardware.
Oracle is one of the trusted USA-based IT companies mentored by Larry Ellison. It has primarily grown based on global acquisitions. Its P/E ratio is 15.07, the market cap is reported to be $153.7B, and its EPS is 3.18.
Oracle builds enterprise information management software for workstations, network computers, mainframes, PCs, personal digital assistants, and other devices.
Oracle remained a leader in database technology, with versions available for many different operating systems and for a variety of computers ranging from large mainframes to microcomputers.
In Canada, Oracle is the most famous IT company and oracle provides many IT services in Canada. Every year Oracle creates 2000 jobs in Canada in 2022. With a $ 217.33B market cap. Oracle is the 6th best IT company in Canada in 2022.
CEO:- Larry Ellison
Headquarters:- Austin, Texas, United States
Revenue:- $40.47 billion (2021)
Market Cap:- $ 217.33B
Employees:- 132,000 (2021)
7. Google
Google is one of the biggest Information technology companies in the world. Google's Opening New Toronto, Montreal & Waterloo Offices For Up To 5,000 Employees. Three Canadian cities are about to get a whole lot of love from one tech giant.
With $1.77 trillion Google is the 3rd biggest IT company in the world and the 7th best IT company in Canada in 2022.
CEO:- Sundar Pichai
Headquarters:- Mountain View, California, United States
Revenue:- $182.52 B
Market Cap:- $1.77 T
Employees:- 156,500
8. Capgemini
Capgemini, which was established in 1964, and is headquartered in Parise is one of the most successful and well-performing IT companies in Canada. with 1,584 crores EUR revenue Capgemini is ranked 8 the position in the list of global IT company rank.
Capgemini has 3 locations in Canada. In Canada, Capgemini is named Capgemini Canada and It has very little business or accounts in Canada therefore opportunities within the organization are extremely limited.
In our list of top 10, IT companies in Canada 2022 Capgemini placed 8th position.
CEO:- Aiman Ezzat
Headquarters:- Paris, France
Revenue:- 1,584 crores EUR (2020)
Market Cap:- $38.45 Billion
Employees:- 3,00,000 (2022)
9. Accenture
Accenture plc is one of the best Irish-based multinational and professional services companies that especially work in IT services and consulting. Accenture plc reported revenues of $44.36 billion in 2020 and had employees that toll-no 567,000.
Technology and Operations (T&O) services—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers.624,000+ people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries.
CEO:- Julie Sweet
Headquarters:- Dublin, Ireland
Revenue:- 5,053 crores USD (2021)
Market Cap:- $208.04 Billion
Employees:- 674,799
10. Wipro
Wipro formerly ("Western India Palm Refined Oil Limited") is one of the global leading information technology consulting and business process services companies.
Wipro tacks the power of robotics, cloud, analytics, cognitive computing, automation, and emerging technologies and helps the clients with a digital transformation.
Wipro has over 189,000 dedicated employees serving clients across 6 continents.
Wipro works in Canada and also provides more than 3000 jobs every year.
CEO:- Thierry Delaporte
Headquarters:- Bengaluru, Karnataka, India
Revenue:- Rs 63,862.60 Cr.
Market Cap:- Rs 221,812 Cr.
Employees:- 189,000
Conclusion
In the above article, you can find the top 10 best IT companies in Canada 2022 by Revenue and Market Cap. Hope this article gives you the information to find the best companies in Canada 2022.
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