Top 10 IT Services Companies in Europe in 2021 by Revenue
Siemens AG, Accenture Plc, SAP SE, Telefonaktiebolaget LM Ericsson, and Capgemini SE are the top 5 IT services companies in Europe in 2021 by revenue. In total, the top 10 IT services companies in Europe in 2021 generated revenue of $244,221 million, with average revenue growth of 7.8%, where the highest increase being registered by Siemens AG ($70,982 million), followed by Accenture Plc ($54,029.8 million), and SAP SE ($32,922 million), while the lowest increases were registered by Capita Plc ($4,378 million). As of FY2021, the highest revenue increase was registered by Computacenter plc (23.6%), followed by Capgemini SE (14.6%) and the lowest revenue increase was registered by SAP SE (1.8%). In terms of the geographic split, 4 out of 10 of Europe’s top are based in France, while 2 are based in Germany, another 2 are based in the United Kingdom, and the remaining 2 are based in Ireland and Sweden. They employed a total of 1,747,503 people in 2021. The Germany-based Siemens AG is the top IT services company in Europe (by revenue). The company reported revenues of $70,982 million for the fiscal year ended June 2021 (FY2021), an increase of 12.7% over FY2020, due to sustained growth, particularly in the automotive and machine construction industries, where factory automation was crucial, and because of the reduction of supply chain risk related to electronic components. The company is a technology company. Its operations span electrification, automation, and digitalization fields. The company designs, develop, and manufactures products, installs complex systems, and projects, and employs 308,000 people. The Ireland-based Accenture Plc is the top IT services company in Europe (by revenue). The company reported revenues of $54,029.8 million for the fiscal year ended December 2021 (FY2021), an increase of 14% over FY2020, due to heightened demand nearly across the board. The company is a global professional services company. It provides a wide range of services and solutions in strategy, consulting, digital, technology, and operations areas. The company provides consulting, technology, and outsourcing services to several industries including agribusiness, automotive, banking, capital markets, chemicals, media and technology, and communications. The company employs 624,000 people.