SAP named among the world’s top 100 technology companies

global technology leaders

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Thomson Reuters has named its inaugural list of the world’s 100 Global Technology Leaders, with SAP coming in eighth position.

Thomson Reuters used a 28-data-point algorithm to identify tech companies prepared for the future of business, measuring performance across eight pillars: Financial, Management and Investor Confidence, Risk and Resilience, Legal Compliance, Innovation, People and Social Responsibility, Environmental Impact, and Reputation.

Leading the top 10 is Microsoft, followed by Intel, Cisco, IBM, Alphabet, Apple, Taiwan Semiconductor Manufacturing, Texas Instruments, and Accenture.

“Tech companies operate at warp speed confronting competitive, regulatory, legal, financial, supply chain and myriad other business challenges. Oftentimes, their financial success overshadows their operational integrity, making it difficult to identify those organisations with true longevity for the future,” said Alex Paladino, global managing director, Thomson Reuters Technology Practice Group.

“With the Top 100 Global Tech Leaders, we’ve identified the unique data points that embody technology-industry leadership in the 21st century; congratulations to the companies that made the list.”

According to the report, the world’s leading technology organisations outperform the Nasdaq, S&P 500 and MSCI World indices in year-over-year stock price change by 3.91 per cent, 4.04 per cent and 7.1 per cent respectively. They also outperform global indices across other factors including year-over-year R&D investment, employee change ({db8ca4bbfe57dc8f9b6df9233a3a6c04f4968125edf9bb330d4f787c3a87cd09}), and revenue change ({db8ca4bbfe57dc8f9b6df9233a3a6c04f4968125edf9bb330d4f787c3a87cd09}).

Alongside established tech bellwethers such as Alphabet, Amazon, Apple and Microsoft are newer tech entrants like HPE, Nvidia, Symantec and VMware.

“The Top 100 Global Technology Leaders are the organisations poised to propel the future of technology. We salute them,” said Brian Scanlon, chief strategy officer, Thomson Reuters.

To see the full list of the Thomson Reuters 2018 Top 100 Global Technology Leaders and learn more about the program’s methodology, download the full report.

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