Microsoft
|
United States of America |
Productivity Software,
Artificial Intelligence,
Cloud Infrastructure,
Gaming - Console & PC,
Search Engines
|
$496
|
$3.67T |
13.1x |
23.5x |
Amazon
|
United States of America |
Consumer E-commerce,
Horizontal E-commerce,
Cloud Infrastructure,
Consumer Marketplaces,
Horizontal Marketplaces,
Streaming
|
$223
|
$2.41T |
3.6x |
15.9x |
Alphabet
|
United States of America |
Search Engines,
AdTech Software,
Streaming,
Cloud Infrastructure,
Artificial Intelligence,
Productivity Software
|
$178
|
$2.09T |
5.7x |
13.0x |
Oracle
|
United States of America |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers
|
$210
|
$683B |
11.7x |
21.7x |
IBM
|
United States of America |
IT Consulting,
Cloud Infrastructure,
Network Management,
Cybersecurity,
Electronic Equipment
|
$290
|
$319B |
4.9x |
19.1x |
Cisco
|
United States of America |
Networking Hardware,
Electronic Equipment,
Cloud Infrastructure
|
$69
|
$285B |
5.1x |
12.7x |
Alibaba Group
|
Hong Kong |
Consumer E-commerce,
B2B E-commerce,
Horizontal E-commerce,
Vertical E-commerce,
Consumer Marketplaces,
Cloud Infrastructure
|
HKD 112
|
$247B |
1.8x |
8.8x |
ServiceNow
|
United States of America |
IT Operations Management,
Cloud Infrastructure,
BI & Analytics Software
|
$1022
|
$208B |
17.3x |
50.5x |
Tata Consultancy Services
|
India |
IT Consulting,
Cloud Infrastructure
|
INR 3441
|
$142B |
4.7x |
17.7x |
Dell
|
United States of America |
Consumer Electronics,
Data Storage,
Electronic Equipment,
Cloud Infrastructure
|
$124
|
$105B |
1.1x |
9.2x |
CoreWeave
|
United States of America |
Cloud Infrastructure,
Artificial Intelligence
|
$160
|
$87.4B |
25.2x |
38.4x |
Infosys
|
India |
IT Consulting,
Cloud Infrastructure
|
INR 1608
|
$74.3B |
3.9x |
16.0x |
Cloudflare
|
United States of America |
Cybersecurity,
Cloud Infrastructure
|
$194
|
$66.8B |
35.5x |
171.1x |
HCLTech
|
India |
IT Consulting,
Cloud Infrastructure,
BPO Services,
Business Consulting
|
INR 1723
|
$51.8B |
3.7x |
17.1x |
GoDaddy
|
United States of America |
Cloud Infrastructure,
E-commerce Software
|
$180
|
$28.8B |
6.1x |
19.6x |
CDW
|
United States of America |
IT Consulting,
Cloud Infrastructure
|
$177
|
$28.7B |
1.3x |
13.6x |
Wipro
|
India |
IT Consulting,
Cloud Infrastructure,
BPO Services
|
INR 265
|
$28.5B |
2.7x |
13.4x |
VeriSign
|
United States of America |
IT Operations Management,
Cloud Infrastructure,
Network Management
|
$288
|
$28.2B |
17.6x |
23.2x |
CGI
|
Canada |
IT Consulting,
Cloud Infrastructure
|
CAD 141
|
$25.5B |
2.3x |
11.2x |
Baidu
|
Hong Kong |
Search Engines,
AdTech Software,
Streaming,
Cloud Infrastructure,
Artificial Intelligence,
Productivity Software
|
HKD 84
|
$23.8B |
1.3x |
5.7x |
DCI Indonesia
|
Indonesia |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
IDR 153950
|
$22.7B |
N/A |
N/A |
NetApp
|
United States of America |
Data Storage,
Data Centers,
Cloud Infrastructure
|
$106
|
$20.8B |
3.2x |
10.0x |
Nutanix
|
United States of America |
Cloud Infrastructure,
Data Infrastructure
|
$75
|
$19.8B |
7.9x |
34.4x |
Oracle Corp Japan
|
Japan |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers
|
JPY 17805
|
$15.3B |
8.3x |
25.0x |
MongoDB
|
United States of America |
Data Infrastructure,
Cloud Infrastructure,
DevOps,
Developer Tools
|
$210
|
$14.7B |
6.9x |
48.8x |
Akamai Technologies
|
United States of America |
Cloud Infrastructure
|
$80
|
$14.6B |
3.6x |
8.6x |
Juniper Networks
|
United States of America |
Networking Hardware,
Cloud Infrastructure,
Network Management
|
$37
|
$12.7B |
2.4x |
13.6x |
Nebius Group
|
United States of America |
Cloud Infrastructure,
IT Consulting
|
$52
|
$11.2B |
34.9x |
-67.2x |
GDS Holdings
|
Hong Kong |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
HKD 29
|
$10.9B |
7.3x |
15.6x |
Dropbox
|
United States of America |
Cloud Infrastructure,
Data Storage,
Productivity Software,
Communication & Collaboration Software
|
$28
|
$9.5B |
3.8x |
8.7x |
United Internet
|
Germany |
Internet Service Providers,
Telecom Service Providers,
Cloud Infrastructure
|
€24
|
$8.2B |
1.1x |
5.3x |
Informatica
|
United States of America |
Data Infrastructure,
Cloud Infrastructure
|
$24
|
$7.9B |
4.8x |
14.2x |
Confluent
|
United States of America |
Data Infrastructure,
Cloud Infrastructure,
DevOps
|
$24
|
$7.5B |
7.1x |
107.6x |
IONOS Group
|
Germany |
Cloud Infrastructure
|
€40
|
$7.3B |
3.8x |
13.1x |
Nextdc
|
Australia |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
AUD 14
|
$6.3B |
22.3x |
44.6x |
Box
|
United States of America |
Cloud Infrastructure,
Data Storage,
Productivity Software,
Communication & Collaboration Software
|
$34
|
$5.4B |
4.8x |
16.0x |
Digital China
|
China |
IT Consulting,
Cloud Infrastructure
|
CNY 37
|
$4.7B |
0.3x |
15.2x |
VNET Group
|
United States of America |
Data Centers,
Cloud Infrastructure
|
$7
|
$4.6B |
3.8x |
12.9x |
DigitalOcean
|
United States of America |
Cloud Infrastructure,
Developer Tools
|
$28
|
$4.0B |
4.8x |
11.7x |
Sinnet Technology
|
China |
Cloud Infrastructure,
Internet Service Providers,
Data Centers
|
CNY 14
|
$3.9B |
3.7x |
19.0x |
Biprogy
|
Japan |
IT Consulting,
Cloud Infrastructure
|
JPY 5979
|
$3.9B |
1.4x |
9.8x |
Kingsoft Cloud
|
Hong Kong |
Cloud Infrastructure,
Data Storage
|
HKD 7
|
$3.8B |
3.3x |
35.6x |
Rackspace
|
United States of America |
Cloud Infrastructure
|
$1
|
$3.5B |
1.3x |
13.9x |
OVH
|
France |
Cloud Infrastructure
|
€11
|
$3.4B |
2.7x |
6.7x |
Applied Digital
|
United States of America |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
$10
|
$3.3B |
15.0x |
56.1x |
TietoEVRY
|
Finland |
IT Consulting,
Cloud Infrastructure,
FinTech Infrastructure,
Financial Services Software,
Healthcare Software
|
€16
|
$3.1B |
1.1x |
7.3x |
Sinch
|
Sweden |
Communication & Collaboration Software,
Cloud Infrastructure
|
SEK 27
|
$3.0B |
1.0x |
8.5x |
Computacenter
|
United Kingdom of Great Britain and Northern Ireland |
IT Consulting,
Cloud Infrastructure
|
£24
|
$3.0B |
0.3x |
6.6x |
Wangsu Science & Tech
|
China |
Cloud Infrastructure,
Data Centers
|
CNY 11
|
$2.9B |
4.1x |
25.4x |
C3.ai
|
United States of America |
Artificial Intelligence,
Cloud Infrastructure,
Developer Tools
|
$24
|
$2.5B |
6.3x |
-33.3x |
Montnets
|
China |
Communication & Collaboration Software,
Cloud Infrastructure
|
CNY 15
|
$1.7B |
2.7x |
60.0x |
Megaport
|
Australia |
Network Management,
Cloud Infrastructure
|
AUD 14
|
$1.5B |
10.2x |
39.4x |
Richinfo Technology
|
China |
Cloud Infrastructure,
Network Management
|
CNY 26
|
$1.5B |
5.8x |
29.1x |
UCloud Technology
|
China |
Cloud Infrastructure
|
CNY 22
|
$1.3B |
5.8x |
32.4x |
SAKURA Internet
|
Japan |
Cloud Infrastructure
|
JPY 4470
|
$1.2B |
5.1x |
17.3x |
Fastly
|
United States of America |
Cloud Infrastructure
|
$7
|
$1.1B |
1.9x |
31.9x |
SoftwareOne
|
Switzerland |
Cloud Infrastructure,
IT Consulting
|
CHF 8
|
$1.1B |
0.8x |
3.6x |
Ribbon Communications
|
United States of America |
Cloud Infrastructure,
Networking Hardware,
Network Management
|
$4
|
$1.0B |
1.2x |
8.3x |
Consensus Cloud
|
United States of America |
Communication & Collaboration Software,
Cloud Infrastructure
|
$23
|
$993M |
2.8x |
5.3x |
Beijing Topnew Info
|
China |
Cloud Infrastructure,
IT Consulting,
Data Centers
|
CNY 46
|
$882M |
N/A |
N/A |
Systena
|
Japan |
IT Consulting,
Cloud Infrastructure
|
JPY 407
|
$860M |
1.5x |
N/A |
CANCOM
|
Germany |
IT Consulting,
Cloud Infrastructure,
Cybersecurity
|
€28
|
$820M |
0.4x |
6.0x |
Cyber Folks
|
Poland |
IT Consulting,
Cloud Infrastructure
|
PLN 169
|
$813M |
3.9x |
13.3x |
Wiit
|
Italy |
Cloud Infrastructure
|
€15
|
$721M |
3.7x |
10.0x |
Tucows
|
United States of America |
Internet Service Providers,
Cloud Infrastructure,
Network Management
|
$19
|
$693M |
1.9x |
N/A |
Baudroie
|
Japan |
IT Consulting,
Cloud Infrastructure,
Cybersecurity
|
JPY 3175
|
$665M |
7.4x |
32.1x |
Inspur
|
China |
Cloud Infrastructure,
ERP Software,
IT Consulting
|
CNY 15
|
$599M |
N/A |
N/A |
Plus Alpha Consulting
|
Japan |
BI & Analytics Software,
Cloud Infrastructure,
IT Consulting
|
JPY 2168
|
$553M |
4.9x |
13.7x |
Unisys
|
United States of America |
IT Consulting,
Cloud Infrastructure
|
$4
|
$453M |
0.2x |
1.6x |
Anterix
|
United States of America |
Telecom Infrastructure,
Cloud Infrastructure
|
$26
|
$438M |
71.9x |
-12.0x |
Kinx
|
South Korea |
Data Centers,
Telecom Service Providers,
Cable Service Providers,
Cloud Infrastructure,
Telecom Infrastructure
|
KRW 98400
|
$360M |
N/A |
N/A |
Locaweb
|
Brazil |
Cloud Infrastructure,
E-commerce Software
|
BRL 4
|
$348M |
1.3x |
6.6x |
Edarat Group
|
Saudi Arabia |
IT Consulting,
Cloud Infrastructure,
Data Centers
|
SAR 247
|
$330M |
N/A |
N/A |
GABIA
|
South Korea |
Cloud Infrastructure
|
KRW 26300
|
$315M |
N/A |
N/A |
Proact IT Group
|
Sweden |
Cloud Infrastructure,
IT Consulting
|
SEK 107
|
$305M |
0.6x |
6.0x |
Backblaze
|
United States of America |
Cloud Infrastructure
|
$5
|
$295M |
2.2x |
15.3x |
E2E Networks
|
India |
Cloud Infrastructure
|
INR 2617
|
$292M |
N/A |
N/A |
Napatech
|
Norway |
Networking Hardware,
Cloud Infrastructure
|
NOK 24
|
$262M |
12.0x |
-23.7x |
Synchronoss
|
United States of America |
Cloud Infrastructure,
Data Storage
|
$7
|
$249M |
1.4x |
4.7x |
Odine
|
Turkey |
Cloud Infrastructure,
IT Consulting
|
TRY 101
|
$245M |
N/A |
N/A |
Netcall
|
United Kingdom of Great Britain and Northern Ireland |
Communication & Collaboration Software,
Cloud Infrastructure
|
£1
|
$237M |
N/A |
N/A |
Bharat Global Developers
|
India |
IT Consulting,
Cloud Infrastructure
|
INR 169
|
$210M |
N/A |
N/A |
Beeks Group
|
United Kingdom of Great Britain and Northern Ireland |
Cloud Infrastructure,
Financial Services Software,
FinTech Infrastructure
|
£2
|
$205M |
4.0x |
10.6x |
Qiniu Cloud
|
Hong Kong |
Cloud Infrastructure
|
HKD 1
|
$195M |
N/A |
N/A |
Crexendo
|
United States of America |
Telecom Service Providers,
IT Consulting,
Network Management,
Cloud Infrastructure
|
$6
|
$155M |
2.4x |
19.1x |
FreeBit Co
|
Japan |
Internet Service Providers,
Cloud Infrastructure
|
JPY 1392
|
$155M |
0.4x |
3.3x |
Gigas Hosting
|
Spain |
Cloud Infrastructure
|
€6
|
$154M |
1.7x |
7.1x |
DUG Tech
|
Australia |
Cloud Infrastructure
|
AUD 1
|
$135M |
2.1x |
8.5x |
DHH
|
Italy |
Cloud Infrastructure
|
€20
|
$125M |
2.7x |
8.2x |
Radcom
|
United States of America |
Cloud Infrastructure,
Networking Hardware,
Network Management
|
$13
|
$120M |
1.8x |
N/A |
JIG-SAW
|
Japan |
Cloud Infrastructure,
Semiconductors
|
JPY 2670
|
$111M |
4.6x |
N/A |
Iomart Group
|
United Kingdom of Great Britain and Northern Ireland |
Cloud Infrastructure
|
£0
|
$111M |
0.6x |
2.5x |
InfraCom Group
|
Sweden |
Cloud Infrastructure,
Communication & Collaboration Software
|
SEK 25
|
$109M |
1.2x |
8.6x |
Veea
|
United States of America |
IoT,
Network Management,
Cloud Infrastructure
|
$2
|
$92.8M |
N/A |
N/A |
Performance Technologies
|
Greece |
IT Consulting,
Cloud Infrastructure
|
€6
|
$88.1M |
N/A |
N/A |
Lucent
|
United States of America |
Cloud Infrastructure,
Energy Storage
|
$5
|
$81.0M |
N/A |
N/A |
Avant Technologies
|
United States of America |
Artificial Intelligence,
Cloud Infrastructure
|
$1
|
$78.4M |
N/A |
N/A |
NameSilo
|
Canada |
Cloud Infrastructure
|
CAD 1
|
$64.9M |
N/A |
N/A |
Techstep
|
Norway |
Communication & Collaboration Software,
Cloud Infrastructure
|
NOK 12
|
$56.5M |
N/A |
N/A |
Prologue
|
France |
Cloud Infrastructure,
Network Management,
IT Consulting
|
€0
|
$31.2M |
0.3x |
5.1x |