The 25 Biggest IT Companies On The 2015 Fortune 500
Large And In Charge
The Fortune 500 was recently released, highlighting the largest public companies in the U.S in 2015. We've pulled out the 25 largest IT companies on the list, nearly all of which shook up their placements this year compared with the 2014 list.
Overall, the IT industry had a good showing this year. Several companies are in the midst of transitioning from hardware to software and cloud sales, and traditional telecommunications carriers are evolving into IT service providers with boosted revenue to prove it.
Here we highlight the largest 25 IT companies on Fortune's list this year, in order from the smallest to the largest companies in this space in 2015.
25. CDW
CEO: Thomas Richards
2015 Fortune 500 Rank: 253
2014 Fortune 500 Rank: 265
CDW earned a spot among the top 25 IT companies this year on the Fortune 500 list. The company saw a 12 percent increase in revenue year over year, reporting $12 billion in fiscal 2014. CDW jumped 12 spots this year on the Fortune 500 ranking.
24. Texas Instruments
CEO: Richard Templeton
2015 Fortune 500 Rank: 233
2014 Fortune 500 Rank: 227
Texas Instruments saw a 6 percent increase in revenue year over year but slipped six spaces in this year's Fortune 500 rankings. The company posted $13 billion in revenue in fiscal year 2014.
23. CSC
CEO: Michael Lawrie
2015 Fortune 500 Rank: 229
2014 Fortune 500 Rank: 185
CSC dropped 44 spots on the 2015 Fortune 500 list vs. 2014's list. The company's revenue decreased 14 percent year over year to $13.2 billion, and CSC's ranking dropped into the 200s this year. The company said in May that it would split into two companies.
22. Synnex
CEO: Kevin Murai
2015 Fortune 500 Rank: 220
2014 Fortune 500 Rank: 260
Synnex revenue increased 27 percent year over year to $13.8 billion. The company saw a 40-spot bump in this year's Fortune 500 list compared with last year's ranking.
21. Micron Technology
CEO: D. Mark Durcan
2015 Fortune 500 Rank: 190
2014 Fortune 500 Rank: 302
Semiconductor products maker Micron Technology had the most impressive showing of all the IT companies on this year's Fortune 500 list. The company moved up 112 spaces up in the rankings. Revenue for fiscal 2014 shot up 80 percent year over year to $16.3 billion.
20. CenturyLink
CEO: Glen Post
2015 Fortune 500 Rank: 168
2014 Fortune 500 Rank: 158
CenturyLink joins its other telecommunications companies on Fortune 500's list but dropped 10 spaces this year vs. last year. Revenue for fiscal 2014 held steady at $18.0 billion. The carrier recently joined forces with Hewlett-Packard, giving partners access to CenturyLink's hybrid IT services powered by HP gear.
19. Xerox
CEO: Ursula Burns
2015 Fortune 500 Rank: 143
2014 Fortune 500 Rank: 137
Xerox experienced a 4 percent decline in revenue in fiscal year 2014 compared with the prior fiscal year, coming in at $20.9 billion. The company has said it plans to restructure and reduce its headcount. Xerox fell six places on this year's Fortune 500 list.
18. Arrow Electronics
CEO: Michael Long
2015 Fortune 500 Rank: 131
2014 Fortune 500 Rank: 138
Arrow Electronics revenue increased 6 percent in fiscal 2014 compared with the prior year, earning the company $22.7 billion in revenue and a seven-space jump on the Fortune 500 list.
17. EMC
CEO: Joseph Tucci
2015 Fortune 500 Rank: 121
2014 Fortune 500 Rank: 128
EMC saw its revenue increase 5 percent in fiscal year 2014 vs. the prior fiscal year to $24.4 billion. The company moved up seven spaces on the Fortune 500 ranking.
15. Avnet
CEO: Richard Hamada
2015 Fortune 500 Rank: 108
2014 Fortune 500 Rank: 117
Avnet made an impressive leap in this year's Fortune 500 list, jumping up nine spaces in the rankings. The company's revenue grew 8 percent in fiscal year 2014 compared with the prior fiscal year to $27.5 billion.
14. Tech Data
CEO: Robert Dutkowsky
2015 Fortune 500 Rank: 107
2014 Fortune 500 Rank: 111
Tech Data climbed up four places in the Fortune 500 list this year. The distributor increased revenue 3 percent in fiscal year 2014 vs. the prior fiscal year, coming in at $27.6 billion.
13. Oracle
Co-CEOs: Mark Hurd and Safra Catz
2015 Fortune 500 Rank: 81
2014 Fortune 500 Rank: 82
Oracle bounced up a spot in this year's Fortune 500 ranking compared with last year's list. The company's revenue rose 2 percent year over year to $38.2 billion in fiscal year 2014.
12. Ingram Micro
CEO: Alain Monie
2015 Fortune 500 Rank: 62
2014 Fortune 500 Rank: 69
Ingram Micro leaped several spots on this year's Fortune 500 list compared with last year's ranking. The company pulled in $46.4 billion in revenue last year, an increase of 9 percent year over year.
11. Cisco Systems
CEO: Chuck Robbins
2015 Fortune 500 Rank: 60
2014 Fortune 500 Rank: 55
Cisco dropped five spots in the Fortune 500 rankings this year compared with the prior year. In its fiscal year 2014 the company's revenue fell 3 percent year over year to $47.1 billion. Newly appointed CEO Chuck Robbins has plans to streamline the networking giant.
10. Intel
CEO: Brian Krzanich
2015 Fortune 500 Rank: 52
2014 Fortune 500 Rank: 53
In fiscal 2014, Intel saw a 6 percent revenue increase year over year to $55.8 billion. This bump was enough to earn the company a jump of one spot in this year's Fortune 500 ranking.
9. Comcast
CEO: Brian Roberts
2015 Fortune 500 Rank: 43
2014 Fortune 500 Rank: 44
Telecommunications provider Comcast climbed up a spot in the rankings this year with a 6 percent revenue increase year over year to $68.7 billion. Its business services division saw a 22 percent revenue increase year over year.
8. Google
CEO: Larry Page
2015 Fortune 500 Rank: 40
2014 Fortune 500 Rank: 46
Google jumped six places on the Fortune 500 list this year. Revenue rose 17 percent to $71.4 billion in fiscal year 2014 compared with the prior fiscal year.
7. Microsoft
CEO: Satya Nadella
2015 Fortune 500 Rank: 31
2014 Fortune 500 Rank: 34
Microsoft saw a three-spot jump in the Fortune 500 ranking this year. The company's revenue for fiscal 2014 grew 11 percent year over year to $86.8 billion.
6. Amazon
CEO: Jeff Bezos
2015 Fortune 500 Rank: 29
2014 Fortune 500 Rank: 35
Amazon rose six spots up on the Fortune 500 list this year. Revenue increased 19 percent to $89 billion in fiscal 2014 compared with the prior year.
5. IBM
CEO: Virginia Rometty
2015 Fortune 500 Rank: 24
2014 Fortune 500 Rank: 23
IBM posted revenue of $94.1 billion last year, a 5 percent drop compared with the prior year. The company dropped one spot on the Fortune 500 list this year.
4. Hewlett-Packard
CEO: Meg Whitman
2015 Fortune 500 Rank: 19
2014 Fortune 500 Rank: 17
HP dropped two spots on this year's Fortune 500 list. HP's revenue came in at about $111.4 billion last year.
3. Verizon
CEO: Lowell McAdam
2015 Fortune 500 Rank: 15
2014 Fortune 500 Rank: 16
Verizon's revenue increased 5 percent in fiscal year 2014 to about $127 billion compared with the prior fiscal year. Verizon saw a one-space bump in the Fortune 500 list this year.
2. AT&T
CEO: Randall Stephenson
2015 Fortune 500 Rank: 12
2014 Fortune 500 Rank: 11
AT&T, the highest-ranking telecommunications company on the Fortune 500 list, slipped one spot this year. The company reported a 2 percent rise in revenue to $132.4 in fiscal 2014 vs. the prior fiscal year.
1. Apple
CEO: Tim Cook
2015 Fortune 500 Rank: 5
2014 Fortune 500 Rank: 5
Apple held steady in the top five Fortune 500 companies for the second consecutive year, the most lucrative IT company on the Fortune 500 list once again. Apple revenue rose 7 percent in fiscal 2014 to $182.8 billion vs. the prior fiscal year.