AN OVERVIEW OF SELECTED GLOBAL COMPANIES

 

AMERICAN EXPRESS

Incorporation year	1850
Headquarters	New York City, US
Present Head	Kenneth I
Chief Operating officer	Jeffery C. Campbell

Company Introduction

American Express company is an American Multinational financial services Corporation. The company is best known for its credit card, change card and traveller's cheque businesses. In 2016, credit cards using the American express network accounted for 22.9 % of the total dollar volume of credit card transactions in the US. It operates in 175 countries with 2300 offices across the world. It is the parent organisation of three major companies: American Express Travel Related Services (TRS), The American Express Bank Ltd.( AEBL) and American Express Financial Advisors.

In 2015-2016, the revenue of American Express was US$ 32.119. It employs more than 56,000 people. 

Company History:

American express was started in 1850 as an express mail business in New York. It was founded as a joint stock corporation by the merger of the express companies owned by Henry Wells ( Wells & Company), William G.Fargo( Livingston, Fargo & Company) and John Warren Butterfield ( Wells, Butterfield & Company). 

Philosophy:

Vision: To be a leading provider of payment solutions worldwide.

Mission: Leverage our local and global expertise to be a leading provider of payment solutions for our customers by delivering high quality, innovative and world class products & services; while maintaining the highest standard of governance and ethics. 

Business in News:

• In 2016, Interbrand ranked American Express as the 25th most valuable brand in the world. 

• In 2017, Fortune ranked American Express as the 17th most admired company worldwide.

For more information please visit company website: www.americanexpress.com

NESTLE

Incorporation year	1866
Ownership group	Nestle
Headquarters	Vevey, Switzerland
Chairman	Peter Brabeck Letmathe
CEO	Ulf Mark Schneider
CFO	Francois-Xavier Roger

Company Introduction:

Nestle is a Swiss transnational food and drink company. It is the world's largest food, nutrition, health and wellness company. It has been the largest food company in the world. National serves in 2000 + brands across the globe. It has 418 plan facilities in 86 countries with its products available in 191 countries. It has a huge workforce of 335000 people across the world. 

Nestle achieved and overall revenue of 89.8 billion CHF ( Swiss Franc) during the year 2016 with the net profit of 8.89 billion CHF. Its average operating profit over the years have been 15% or more. It earns it's 43% revenue from America, 28% from Europe and 29% from Asia and Africa. 

National invest around CHF 1.5 billion in research and development every year. It has a worldwide network of 17 research, development and product testing centres. It covers over hundred different professional areas including nutritional science, the life sciences, raw material, ingredients and production processes.

Philosophy: A Vision

Its mission of “Good Food, Good life” is to provide consumers with the best tasting, most nutritious choices in a wide range of food and beverage categories and eating occasions, from morning to night.

Company History:

Nestle was founded 151 year ago as an Anglo Swiss condensed milk company by a Swiss confectioner, henri Nestle in 1866. In August 1867, Charles and George page established the Anglo Swiss condensed milk company in Cham, Switzerland. In 1879 Nestle merged with milk chocolate inventor Daniel peter. In 1905 the companies merged to become the Nestle and Anglo Swiss condensed milk company. Nestle came to India in 1923. 

Competitive Scenario:

Major competitors of Nestle in Indian subcontinent and worldwide are Unilever, Starbucks, Kraft foods, Mars, Pepsico, brittanya Walmart, Patanjali, Amul, Galaxy smooth con, KRBL and Hastun Agro. 

Business in News:

• Nestle was ranked 66th in Fortune 500 companies listed.

• 33rd in Forbes 2000 companies list in 2016.

For more information you may visit company website: www.nestle.com

Microsoft

Incorporation year	1975
Headquarters	Washington, US
Chairman	John Thompson
Present Head	Satya Nadella
CFO	Amy Hood

Company Introduction:

Microsoft is an American multinational technology company. It develops, manufactures licenses, supports and sell computer software, computer electronics and personal computer and services. Its best known software products are the Microsoft window line of operating systems, Microsoft office suite, and Internet explorer and edge web browsers.

It is the world's largest software maker by revenue and one of the world's most valuable companies. In 2015-16 the revenue of Microsoft was US dollar 85.32 billion. It employs more than 115000 people.

Company History:

Microsoft was founded by Paul Allen and Bill gates on April 4 1975 with gates at the CEO. Microsoft enter the OS business in 1980 with its own version of Unix, called Xenix. However, it was MS-DOS that's solidify the company's dominance. It Rose to dominant the personal computer operating system market with MS dos in 1980s, followed by Microsoft windows. Since the 1990s it has increasingly diversified from the operating system market and has made a number of corporate acquisitions.

Philosophy: 

Vision: To help individuals and businesses realise their full potential.

Mission: To empower every person and every organisation on the planet to achieve more.

Microsoft's vision statement shows the company's target market and product value. Microsoft's mission statement shows the global market scope of the business and the general idea about the benefit of the business to its customers. However, set information is still not clearly define to represent the business.

Business in News:

• In May, 2011, Microsoft acquired Skype Technologies for $8.5 billion.

• In 2014, Microsoft acquired the Mobile hardware division of Nokia. 

• In December, 2016, it bought LinkedIn for $26.5 billion. 

For more information you may visit the company website: www.microsoft.com

IBM [ International Business Machine Corporation]

Incorporation year	1911
Headquarters	New York, US
Chairman, President and CEO	Ginni Rometty
CFO	Martin Schroeter

Company Introduction:

International business machines corporation is an American multinational technology company. It operates in over 170 countries across te globe. It manufactures and markets computer hardware, middleware and software, and offers posting and consulting services in areas ranging from mainframe computers to nanotechnology.

It is a major research organisation, holding the record for most patent generated by a business. Inventions by IBM include the automated teller machine also known as ATM, the PC, the floppy disk, hard disk drive, the magnetic stripe card, the relational database, SQL programming language, the UPC barcode and dynamic random access memory also known as DRAM.

In 2015-16, the revenue of IBM was USD 79.919 billion. It employs more than 3.8 lakh people.

Company History:

The following four historical milestones contributed in the foundation of IBM:

• Julius E. Pitrat patented the company scale in 1885, 

• Alexander Dey invented the dial recorder in 1888, 

• Herman Hollerith patented the electrical tabulating machine and, 

• Willard Bundy invented time clock to record worker's arrival and departure time on a paper tape in 1889.

On June 16 1911, therefore companies were amalgamated in New York State by Charles Ranlett Flint forming a fifth company, the computing tabulating recording company also known as CTR best in New York. IBM was originated in 1911 as the computing tabulating recording company and was renamed “ International Business Machine” in 1924.

Philosophy:

Vision: IBM should be first and foremost on any new enterprise data centre migration shortlist.

Mission: To lead in the invention, development and manufacture of the industry's most advanced information technologies, including computer systems, software, storage system and microelectronics.

Business in News:

• IBM received 2016 climate leadership award from the US environmental protection agency.

• IBM ranked 82nd in the 2016 list of Fortune 500 global companies.

• In 2009, IBM acquired Lombardi.

• In2016, It acquired Sanovi Technologies.

• In 2017, it acquired Ravy Technologies.

For more information you may visit company website: www.ibm.com

INTEL CORPORATION

Incorporation year	1968
Headquarters	California, US
Chairman	Gordon Moore and Andy D. Bryant
Present Head	Brian M. Krzanich
CFO	Wendell M. Brooks

Company Introduction:

Intel corporation is an American multinational corporation and technology company. It is the world's largest and highest valued semiconductor chip makers based on revenue and is the inventor of x86 series of microprocessors; the processes found in the most personal computers. Intel supplies processor for computer system manufacturers such as apple, Lenovo, HP and Dell.

In 2015-16, the revenue of Intel was USD 59.38 billion. It employs more than 106000 people.

Company History:

Intel corporation was founded on July 18 1968 bi semiconductor pioneers Robert noyce and Gordon Moore and widely associated with the executive leadership and vision of Andrew grove. The company's name was conceived from the words integrated and electronics. The fact that Intel is the term for intelligence information also made the name appropriate. 

Company Philosophy:

Mission: “ Delight our customers, employees and share holders by rentlessly delivering the platform and technology advancements that become essential to the way we work and live.” 

Intel's core values are customer orientation,  discipline, risk-taking, results orientation, quality and great place to work.

Business in News:

• In 2015, Intel bought cognitive computing company saffron technology for an undisclosed price.

• In August 2016, Intel purchased deep learning startup Nervana systems for dollar 350 million.

• In March 2017, Intel announce that they have agreed a US dollar 15.3 billion takeover of mobileye, an Israeli developer of autonomous driving system.

• Intel ranked 46th in fortune 500 world's most admired companies list of 2017 and Ranked 60th in Forbe's list of global companies. 

Apple

Incorporation year	1976
Headquarters	California, US
Present Head	Tim Cook
CFO	Luca Maestri

Company Introduction:

Apple is an American multinational technology company. It Designs, develops and sells consumer electronics, computer software and online services. Apple is a world's largest information technology company by revenue, the world's largest technology company by total assets, and the world's second largest mobile phone manufacturer by volume after Samsung. It maintains 478 retail store in 17 countries. It operates the online Apple store and iTunes store, the latter of which is the world's largest music retailer. 

In 2015-16, the revenue of Apple watch USD 215.639 billion. It employs more than 120000 people.

Company History:

Apple was founded by Steve jobs, Steve Wazniak and Ronald Wayne in April 1976 and was renamed as Apple Inc. in January 2007 to reflect it's shifted focus toward consumer electronics. 

Philosophy: 

Vision: To produce high quality, low cost, easy to use products that incorporate high technology for the individual. We are providing that hi technology does not have to be intimidating for non-computer experts.

Mission: Apple is committed to bringing the best personal computing experience to students, educators, creative professionals and consumers around the World through its innovative hardware software and internet offerings.

Business in News:

• Apple's largest acquisition was that of Beats Electronics in August 2014 for USD 3 billion. 

• Apple ranked 9th on Fortune 500 Global Companies list of 2016.

• Apple ranked 8th on Forbes World's Biggest Public Companies list of 2016.

Thank you.