In an effort to determine how fast the world’s leading technology companies are adapting to new innovations, global management consulting firm Strategy&, a member of the PwC network of companies, released its third annual ranking of the world’s top 50 information and communications technology (ICT) companies in the field of digitization.

IBM topped the rankings, as it did last year, followed by Microsoft, SAP, Oracle and Cisco. These five companies have held the top five spots for two years in a row, according to Strategy&.

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