Top 5 Digital Transformation Companies in the US

2. Alphabet Inc. (NASDAQ:GOOGL)

Market Capitalization as of December 8, 2022: $1.2 trillion

Alphabet Inc. (NASDAQ:GOOGL) is one of the largest technology companies in the world whose products range from smartphones and speakers to a search engine and a video streaming platform.

Alphabet Inc. (NASDAQ:GOOGL)’s Google Cloud division is its digital transformation arm. Cloud lets companies employ machine learning and artificial intelligence to improve business insights. It also enables companies to convert analog data into digital for database queries by simply uploading documents such as invoices.

196 of the 920 hedge funds polled by Insider Monkey for their Q3 2022 investments had held a stake in Alphabet Inc. (NASDAQ:GOOGL).

Alphabet Inc. (NASDAQ:GOOGL)’s largest investor in our database is Chris Hohn’s TCI Fund Management. It owns 52 million shares that are worth $5 billion.

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