Information Technology 100


 Alphabetical Index of Companies

To compile the Information Technology 100, BUSINESS WEEK began with financial data from Standard & Poor's Compustat, a division of The McGraw-Hill Companies that has computerized information on 10,000 publicly traded corporations. We trimmed this universe to information technology companies and then added non-U.S. tech companies recommended by our network of foreign bureaus. To qualify, companies had to have revenues of at least $300 million with one exception. Internet companies of all sizes were included because their impact is often more significant than their revenues.

We divided this collection of about 400 companies into eight industry categories, such as software and networking. Companies that did not increase revenues as fast as their industry were eliminated from contention. The remaining group of companies was ranked on four criteria that were given equal weight: shareholder return, return on equity, revenue growth, and total revenues. Companies with sharp declines in current financial results were excluded as were companies where other developments raised questions about future performance. Finally, the top 125 companies were reranked as a group.

REVENUES Latest available revenues for the 12-month period ended May 31, June 30, or July 31. For companies that do not report quarterly, the most recent annual data was used. Includes all sales and other operating revenues.

REVENUE GROWTH Percentage change in revenues compared to the previous 12-month period.

RETURN ON EQUITY Net income available for shareholders divided by common equity.

TOTAL RETURN The total return to shareholders including reinvested dividends for the 12 months ended Sept. 30, 1998.

PROFITS Latest available profits for the 12-month period ending May 31, June 30, or July 31. Net income from continuing operations before extraordinary items.

Note: Data compiled by Standard & Poor's Compustat from sources such as statistical services, registration statements, and company reports that SPC believes to be reliable but are not guaranteed by SPC or BUSINESS WEEK as to correctness or completeness. This material is not an offer to buy or sell any security.

Additional data: BUSINESS WEEK.

  COMPANY
(STOCK SYMBOL)
SECTOR COUNTRY REVENUES    REVENUE
GROWTH   
RETURN
ON EQUITY   
SHAREHOLDER
RETURN   
PROFITS
        $ MIL RANK   RANK   RANK   RANK  
1 DELL COMPUTER (DELL) Comp U.S. 15176.0 15 54.3 35 73.9 3 171.5 8 1182.0
 Internet sales helped fuel the PC maker's phenomenal growth.
2 VODAFONE GROUP (VOD) TelS Britain 4142.5 32 44.0 44 148.2 2 113.6 13 702.2
 British cellular superstar has global ambitions--which could lead it to shop in the U.S.
3 SAP (SAP) Soft Germany 4131.1 33 64.9 29 30.0 16 65.5 35 516.0
 Its big-ticket software programs run everything from manufacturing to accounting--making it more strategic to customers than even Microsoft.
4 NOKIA (NOK.A) TelE Finland 11960.0 19 31.4 67 33.6 9 68.9 30 1560.0
 This Finn is beating all comers in mobile phones.
5 INGRAM MICRO (IM) Svcs U.S. 19320.9 11 39.5 54 18.8 47 97.9 19 225.5
 The secret backroom of the computer industry, this giant distributor sells everything from cables and computers to customer service.
6 AMERICA ONLINE (AOL) INet U.S. 2599.5 41 54.3 36 15.4 57 195.9 5 91.8
 The Big Kahuna of online services, this company has 12.5 million consumers hooked on interactivity.
7 COMPUWARE (CPWR) Soft U.S. 1253.5 59 43.2 45 28.1 20 94.6 21 224.5
 This software industry veteran's products help companies build software applications and keep them humming.
8 MICROSOFT (MSFT) Soft U.S. 14484.0 16 27.5 81 28.5 18 66.4 33 4490.0
 Office upgrades and Windows software keep the engine running hot. Only legal entanglements will slow down this train.
9 EMC (EMC) Comp U.S. 3386.3 36 33.4 64 23.0 30 96.6 20 634.5
 As the amount of computer data stored by corporations grows, so does the leader in enterprise storage.
10 LEXMARK INTERNATIONAL GROUP (LXK) Comp U.S. 2723.2 40 14.7 99 40.5 6 110.0 14 201.3
 When IBM owned this printer business, who cared? After a venture-capital group bought the operation, Lexmark became a big brand in the business.
11 CISCO SYSTEMS (CSCO) Netw U.S. 8458.8 24 31.3 68 19.0 46 90.4 23 1350.1
 The king of networking dominates nearly every corner of the business--some 85% of the Internet's routers come from Cisco.
12 SBC COMMUNICATIONS (SBC) TelS U.S. 25977.0 5 8.0 113 30.2 15 48.0 42 3282.0
 The Baby Bell has gobbled up Pacific Telesis and wants Ameritech next. Regulators may nix the deal.
13 CENTURY TELEPHONE ENTERPRISES (CTL) TelS U.S. 1252.1 60 57.1 33 18.5 49 61.9 36 261.6
 Operating in 21 states, the phone company concentrates on selling high-tech services such as Internet access and Caller ID.
14 PEOPLESOFT (PSFT) Soft U.S. 1075.8 65 78.4 24 26.3 24 9.2 67 141.1
 Wall Street worries tanked its stock, but PeopleSoft is starting to look like SAP's main rival in enterprise software.
15 BELLSOUTH (BLS) TelS U.S. 21883.0 10 11.0 108 22.9 31 66.7 32 3633.0
 Thanks to high-growth markets and expansion in Latin America, the Baby Bell has retained its independence. So far.
16 AMERITECH (AIT)† TelS U.S. 16575.0 12 7.3 116 34.0 8 45.8 45 3423.0
 A diverse Midwestern telecom company, this Baby Bell sells security systems and cable TV, not to mention phone service.
17 BMC SOFTWARE (BMCS) Soft U.S. 797.8 77 34.0 62 28.1 21 85.5 24 235.1
 BMC's mainframe software products may not be glitzy, but they sure generate profits.
18 ASUSTEK COMPUTER Semi Taiwan 819.9 76 85.3 23 40.0 7 -1.1 79 275.0
 Top engineering keeps this computer motherboard maker in the lead.
19 GTE (GTE) TelS U.S. 24449.0 8 10.8 109 29.1 17 25.6 56 2273.0
 The local phone company with operations scattered throughout the U.S. wants to merge with Bell Atlantic. Regulators are concerned.
20 CABLE & WIRELESS (CWP) TelS Britain 11737.9 20 18.0 92 41.6 5 6.7 73 2159.5
 A remnant of the British empire, C&W operates phone networks in Hong Kong and 50 other countries around the world.
21 TECH DATA (TECD) Svcs U.S. 8532.3 23 55.9 34 12.7 67 8.8 69 108.2
 A leading distributor of more than 75,000 computer products and business services.
22 IBM (IBM) Comp U.S. 78769.0 1 1.8 122 32.3 12 22.1 59 5940.0
 Still your father's computer company, they do everything from tiny slivers of silicon to huge mainframe computers.
23 SOLECTRON (SLR) Svcs U.S. 5288.3 28 43.1 46 16.8 53 8.1 70 198.8
 This contract manufacturer makes many products, from PCs to networking gear, for brand name companies.
24 BRITISH TELECOMMUNICATIONS (BTY) TelS Britain 26648.1 4 5.6 119 14.0 60 107.4 15 2677.1
 After losing MCI to WorldCom, Britain's biggest phone company is now hitched to its former arch-rival--AT&T.
25 HON HAI PRECISION Comp Taiwan 891.7 71 63.5 31 33.0 10 -17.1 94 135.0
 From connectors to bare-bones PC boxes, this manufacturer has a winning strategy for the build-to-order market.
26 MCI WORLDCOM (WCOM) TelS U.S. 8864.5 22 51.0 38 1.2 97 38.2 52 202.5
 Second only to AT&T in long-distance, this newly merged company is ready to attack local exchange and international markets.
27 COMPAL ELECTRONICS Comp Taiwan 939.0 70 40.2 53 24.0 25 17.6 61 147.0
 Contract notebook PC maker has lured big orders from Dell and others with fast delivery times.
28 KEANE (KEA) Svcs U.S. 835.3 75 50.4 39 22.5 32 13.4 64 66.6
 Who you gonna call to fix that Year 2000 problem? Keane's phone keeps ringing.
29 HBO & CO. (HBOC) Svcs U.S. 1368.0 55 27.8 79 21.2 38 53.2 40 233.6
 The largest provider of healthcare-information systems--thanks in part to 17 acquisitions since 1993--and the prognosis is strong growth ahead.
30 AIRTOUCH COMMUNICATIONS (ATI) TelS U.S. 4163.0 31 36.1 58 6.6 88 60.8 37 599.0
 Few believed a cellular company could succeed on its own, but CEO Sam Ginn has proved them wrong.
31 COMPEQ MANUFACTURING Semi Taiwan 335.4 104 61.9 32 32.0 13 12.6 65 88.0
 Printed circuit-board manufacturer leads the pack with superior technology.
32 GATEWAY (GTW) Comp U.S. 6828.5 26 22.6 83 11.1 73 66.1 34 122.4
 The direct marketer of PCs has a loyal following in the home market. Now its sights are set on small businesses--and Dell.
33 NETWORK SOLUTIONS (NSOL) INet U.S. 63.6 114 106.7 16 12.8 65 91.4 22 7.5
 It won a coup when the government extended for two more years its monopoly on doling out the .com, .org, and other domain names on the Internet.
34 ORACLE (ORCL) Soft U.S. 7524.1 25 25.4 82 32.5 11 -20.1 99 1000.2
 They survived a slowdown scare early this year. Look to a Web-ized version of the database to fuel future growth.
35 MINDSPRING ENTERPRISES (MSPG) INet U.S. 77.6 112 120.5 13 3.7 94 475.7 1 2.8
 Its 400,000 subscribers make MindSpring one of the top Internet service providers.
36 YAHOO! (YHOO) INet U.S. 114.7 109 196.0 7 -22.0 105 416.7 2 -16.3
 With more than 40 million users a month, it's the Internet's most popular source of news, stock quotes, weather, and E-mail.
37 AMAZON.COM (AMZN) INet U.S. 307.3 105 443.8 2 -122.6 114 328.8 4 -48.3
 This one wrote the book on selling music and books online.
38 ORANGE (ORNGY) TelS Britain 1500.9 51 41.6 48 NM 122 161.5 10 -228.5
 The most recent entrant into Britain's mobile-phone market, this innovative operator has grabbed a juicy share.
39 LUCENT TECHNOLOGIES (LU) TelE U.S. 29042.0 3 14.6 100 -0.3 99 70.7 29 -15.0
 After splitting from AT&T, the telecom-equipment maker has seen soaring demand.
40 SUN MICROSYSTEMS (SUNW) Comp U.S. 9790.8 21 13.9 101 21.7 36 6.4 74 762.9
 The king of Unix and creator of Java, Sun will have to hold off Microsoft's assault on its computer workstation and server markets.
41 EARTHLINK NETWORK (ELNK) INet U.S. 111.5 110 95.9 20 -14.1 102 340.0 3 -32.2
 Watch out MCI WorldCom. Biggest standalone Internet service provider offers Net access and long-distance discounts, too.
42 STERLING SOFTWARE (SSW) Soft U.S. 640.6 85 44.2 42 12.0 70 54.7 38 100.2
 Its software for helping companies do business with one another has made it a favorite on Wall Street.
43 ANALYSTS INTERNATIONAL (ANLY) Svcs U.S. 587.4 88 33.6 63 27.2 22 17.5 62 22.6
 Computer systems and consulting firm rides the Year 2000 boom.
44 EXCITE (XCIT) INet U.S. 89.1 111 216.4 5 -144.2 115 186.7 6 -100.6
 Need a quick sports update or want to know who invented the French Dip? Surf over to Excite, which delivers a grab-bag of info on the Web.
45 TELLABS (TLAB) TelE U.S. 1378.9 54 31.7 65 30.7 14 -22.7 104 329.1
 Telecom convergence reigns. So this maker of equipment connecting digital and analog networks is sitting pretty.
46 J.D. EDWARDS (JDEC) Soft U.S. 843.5 74 44.1 43 11.3 72 43.3 49 59.6
 This Denver-based maker of enterprise software is giving SAP a run for its money.
47 INTEL (INTC) Semi U.S. 24590.0 7 2.5 121 26.5 23 -7.0 87 5762.0
 The world's largest chip company sets standards for the PC industry with its microprocessors.
48 HONG KONG TELECOMMUNICATIONS (HKT)†† TelS Hong Kong 4523.8 29 7.4 115 46.1 4 -9.5 90 2198.3
 Partly owned by Cable and Wireless, Hong Kong Telecom is a cash cow,
49 ALLTEL (AT) TelS U.S. 3443.8 35 7.1 118 22.0 35 39.3 51 552.7
 The local phone and wireless business has been very good to the Little Rock-based company.
50 INFOSEEK (SEEK) INet U.S. 52.3 116 116.9 14 -16.9 103 168.0 9 -11.7
 This portal's search, news, and information Web service seeks to catch America Online and Yahoo! with help from new partner Disney.
51 SYMBOL TECHNOLOGIES (SBL) Comp U.S. 860.7 73 20.5 87 16.6 55 75.3 28 81.7
 Premier maker of scanners and handheld computers, its products are used everywhere--in retailing, transportation, and healthcare.
52 QWEST COMMUNICATIONS (QWST) TelS U.S. 966.1 68 116.2 15 -23.8 108 35.8 53 -858.2
 Boasts a state-of-the-art long-distance network and, after its acquisition of LCI International, it has customers to boot.
53 NIDEC Comp Japan 876.2 72 27.7 80 10.7 76 102.9 17 48.0
 If you're in the market for spindle motors for hard-disk drives, you need Nidec with its 70% global market share.
54 VANGUARD CELLULAR SYSTEMS (VCELA) † TelS U.S. 410.2 101 22.5 84 228.1 1 20.6 60 36.7
 This hot wireless-telecom operator has preliminary deal to be acquired by AT&T.
55 CHINA TELECOM (HONG KONG) (CHL)††‡ TelS Hong Kong 1863.2 47 49.6 40 9.1 81 -1.6 81 596.1
 A subsidiary of Beijing's telecom giant, this "red chip" controls mobile operators in several Chinese provinces--and a chunk of Hong Kong Telecom, too.
56 SOFTBANK †† Svcs Japan 3889.0 34 42.7 47 4.2 92 1.0 77 78.0
 It's Japan's top software distributor, the owner of Ziff Davis, and an Internet investor with stakes in Yahoo! and E*Trade.
57 CADENCE DESIGN SYSTEMS (CDN) Soft U.S. 1079.9 64 35.2 61 19.9 43 -4.4 82 157.1
 The Grand Poobah of the electronic-design software business.
58 L.M. ERICSSON (ERICY) TelE Sweden 22189.6 9 10.4 110 23.7 28 -22.6 103 1617.4
 A new boss is starting to shake things up at this Swedish maker of mobile phones and infrastructure.
59 REALNETWORKS (RNWK)‡ INet U.S. 46.9 118 102.8 17 -37.6 112 177.5 7 -27.0
 The Microsoft marriage is over for this Internet video pioneer. But Intel and America Online want to be pals.
60 SPRINT (FON) TelS U.S. 15506.0 14 8.2 112 9.1 82 45.7 46 836.6
 As competitors merge, the perennial No. 3 long-distance carrier seems determined to go it alone.
61 ELECTRONIC ARTS (ERTS) Soft U.S. 963.4 69 36.1 59 13.5 63 13.6 63 77.7
 Their studio system mimics Hollywood and keeps churning out the game software hits.
62 MITEL (MLT) TelE Canada 704.1 84 35.3 60 20.1 42 9.0 68 61.4
 Canadian master of telecom-chip design and manufacturing.
63 HEWLETT-PACKARD (HWP) Comp U.S. 46624.0 2 13.0 103 19.9 44 -23.4 105 3041.0
 Silicon Valley's biggest and oldest company, it's struggling to maintain its amazing growth and profits record amid the turbulent world market.
64 QUALCOMM (QCOM) TelE U.S. 3023.3 37 70.0 27 8.7 83 -24.7 107 98.7
 Develops and markets one of the most promising digital-wireless technologies.
65 CINCINNATI BELL (CSN) TelS U.S. 1969.5 44 16.0 96 23.7 27 -7.1 88 147.5
 The telecom player wins kudos for Internet access and high-speed voice-data.
66 LEASING SOLUTIONS (LSN) Svcs U.S. 259.5 107 41.4 50 18.0 51 44.6 48 15.3
 Lessor of desktops, laptops, PCs and other equipment to big corporations.
67 AT HOME (ATHM) INet U.S. 20.6 122 722.0 1 -298.1 118 107.0 16 -302.4
 By teaming up with cable companies, the company provides high-speed Net access to consumers.
68 SUNGARD DATA SYSTEMS (SDS) Svcs U.S. 1014.0 66 28.5 75 14.0 61 29.9 55 94.9
 Started by developing disaster-recovery services. Now also creating software for financial services and healthcare.
69 LYCOS (LCOS) INet U.S. 56.1 115 151.7 12 -57.5 113 98.9 18 -96.9
 A contender to be one of the leading Internet portals--and still independent.
70 PACIFIC GATEWAY EXCHANGE (PGEX) TelS U.S. 399.0 102 91.7 22 18.4 50 -5.4 84 16.3
 The international telecom carrier primarily provides wholesale services to other telecom companies.
71 RACAL ELECTRONICS (RCALY)†† TelE Britain 1949.1 45 20.6 86 7.1 87 46.7 43 52.3
 This defense-electronics firm runs private phone networks for big companies and the British government.
72 TELE DANMARK (TLD) TelS Denmark 4322.5 30 7.3 117 5.4 90 85.5 25 224.7
 The Scandinavian phone company has seen its stock soar.
73 NETCOM (NECSY) TelS Sweden 629.6 86 30.6 71 3.6 95 119.2 11 14.4
 Sweden's No. 2 telecom provider is taking on dominant Telia with long-distance, cellular, and Net offerings.
74 SINGAPORE TELECOMMUNICATIONS †† TelS Singapore 3000.0 38 11.1 106 21.0 39 -1.1 80 1100.0
 The longtime monopoly is facing new competition in the island republic.
75 TELEGLOBE (TGO) TelS Canada 1494.2 52 19.4 90 9.3 79 46.6 44 99.3
 It's cashing in on deregulation to rush low-cost international long-distance services across North America, Europe, and Asia.
76 NATIONAL COMPUTER SYSTEMS (NLCS) Svcs U.S. 457.1 99 28.9 74 13.8 62 67.9 31 29.0
 America's single-largest provider of education software and services to the K-12 crowd.
77 CIBER (CBR) Svcs U.S. 550.4 92 40.8 51 22.4 33 -14.4 91 33.1
 Consulting firm cashes in on the Millenium Bug boom and expands its Year 2000 and enterprise business.
78 FLEXTRONICS INTERNATIONAL (FLEXF) Svcs U.S. 1253.6 58 72.7 26 10.9 74 -25.6 109 25.0
 Fast-growing contract manufacturer has acquired its way to the upper rung of job-shops-for-hire.
79 STORAGE TECHNOLOGY (STK) Comp U.S. 2216.2 43 7.5 114 20.9 40 6.0 75 233.2
 Booming demand for computer storage and an alliance with IBM has lifted StorageTek.
80 AFFILIATED COMPUTER SERVICES (AFA) Svcs U.S. 1189.1 63 28.0 77 10.8 75 23.2 58 54.4
 The firm manages computer systems for state and local governments.
81 MICROMUSE (MUSE)‡ INet U.S. 22.3 120 183.6 9 -17.4 104 49.0 41 -5.7
 This San Francisco-based company's software helps customers such as America Online manage their networks.
82 L-3 COMMUNICATIONS HOLDINGS (LLL)‡ TelE U.S. 795.5 78 19.9 88 7.7 86 80.4 26 21.8
 Need secure communications? This is where the military and major airlines go.
83 BROADVISION (BVSN) INet U.S. 37.3 119 101.4 19 -3.6 101 53.6 39 -2.6
 Supplies software and services for Internet publishing and E-commerce.
84 AMERITRADE HOLDING (AMTD) INet U.S. 138.3 108 75.0 25 0.4 98 45.5 47 0.3
 By spending heavily on marketing, the online brokerage is growing fast.
85 DOUBLECLICK (DCLK)‡ INet U.S. 49.4 117 197.8 6 -23.7 107 40.4 50 NA
 The service brings together advertisers and Web site operators by placing ads on 930 Web sites.
86 RSL COMMUNICATIONS (RSLCF) TelS Bermuda 489.6 94 167.8 11 -433.1 119 23.3 57 -136.0
 Poised to capitalize on the globe's newly deregulated markets, this telecom upstart offers long-distance service in 20 countries.
87 MAXIM INTEGRATED PRODUCTS (MXIM) Semi U.S. 560.2 90 29.2 72 28.2 19 -22.0 101 178.1
 A leader in chips that translate sound, light, pressure, and temperature into digital form.
88 CTS (CTS) Semi U.S. 467.0 98 31.2 70 23.1 29 -6.3 86 25.8
 Elkhart (Ind.)-components maker riding high on the growth of automotive electronics.
89 MISYS Soft Britain 759.0 79 37.5 56 NM 122 75.6 27 87.6
 The beneficiary of the Millenium bug is now pushing into the market for healthcare software.
90 EXCEL COMMUNICATIONS (ECI)† TelS U.S. 1776.6 48 28.1 76 9.5 78 -5.7 85 75.6
 A telecom stud from the Lone Star state. Provides long-distance and paging services.
91 PANAMSAT (SPOT) TelS U.S. 752.3 80 52.9 37 5.4 91 -4.8 83 142.2
 This commercial-satellite service shook the world when one of its birds went on the blink this year.
92 WANG LABORATORIES (WANG) Svcs U.S. 1887.0 46 48.8 41 -170.7 116 -8.0 89 -281.6
 Up from the ashes, Wang's coming on strong in IT services.
93 LORAL SPACE & COMMUNICATIONS (LOR) TelE U.S. 1224.6 62 92.8 21 -3.2 100 -28.5 112 -23.7
 The former defense contractor wants to use its satellite expertise to provide high-tech voice and data services.
94 POLICY MANAGEMENT SYSTEMS (PMS) Soft U.S. 596.3 87 18.5 91 13.2 64 30.3 54 56.5
 Applications software and support firm for insurance companies cashes in on the automation wave.
95 VERIO (VRIO)‡ INet U.S. 72.8 113 384.2 3 -29.1 110 7.6 71 -77.9
 The company has scooped up 40 Internet service providers to build a service catering to small- and medium-size businesses.
96 COMPAQ COMPUTER (CPQ) Comp U.S. 25316.0 6 16.7 95 -23.5 106 -15.2 92 -2432.0
 The world's largest personal-computer maker took a hit this year because of its Digital Equipment acquisition.
97 SONY (SNE)††* Comp Japan 51178.0 18 13.7 102 12.2 69 -25.6 110 1682.0
 Forget Walkmans. Sony is betting its future on entertainment PCs and digital TV.
98 ROHM †† Semi Japan 2545.0 42 12.8 104 15.2 58 -18.6 96 462.0
 For specialized chips in Japan, all roads lead to Rohm.
99 NEXTEL COMMUNICATIONS (NXTL) TelS U.S. 1230.8 61 177.5 10 -250.7 117 -30.1 113 -1831.2
 The wireless-service provider is growing rapidly by targeting businesses and expanding overseas.
100 INTERMEDIA COMMUNICATIONS (ICIX) TelS U.S. 480.8 96 187.7 8 NM 122 4.7 76 -447.1
 The telecom newcomer is equally adept at providing voice and data services.
KEY TO INDUSTRIES: Comp= computers and peripherals; INet = Internet companies; Netw = Networking; Semi = Semiconductors; Svcs = Services, resellers, and distributors; Soft = Software; TelE = Telecom equipment; TelS = Telecom services
FOOTNOTES: † Has agreed to be acquired. †† Revenue, revenue growth, and net income are annual data. ‡ Total return is based on less than one year of data because IPO occurred since Sept. 30, 1997. * Sony is ranked only on its information-technology revenues of $12.6 billion




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