Data is the new oil: The most valuable companies by market capitalization in the world
A decade ago oil companies were considered the most valuable brands, but now its only tech firms that are ruling the roost. Check out the top 10 most valuable brands in the world.
In 2006, oil companies stood tall as the most valuable brands in the world and were trailed by a mere 1 or 2 tech companies. But over a decade later, it is data companies that have taken the top spot. Below is a list of the most valuable public companies as of 2006, followed by the best of the best of 2017:
As time passed, tech companies continued to explore and innovate and went on to become the most valuable public companies. The world saw giants such as Apple, Alphabet and Microsoft expand to newer shores. Below are the most valuable companies by market capitalization as of 2017:
1. Apple | Market Cap: USD 752 billion | Industry: Technology | Interestingly, a decade ago, Apple was not even listed in the top 10 most valuable companies in the world.
