Top 5 Digital Transformation Companies in the US

In this piece, we will take a look at the top five digital transformation companies in the U.S. For more companies, head on over to Top 15 Digital Transformation Companies in the U.S.

5. Accenture plc (NYSE:ACN)

Market Capitalization as of December 8, 2022: $184 billion

Accenture plc (NYSE:ACN) is an Irisih firm that provides enterprise consulting and technology services. It is headquartered in Dublin, Ireland.

Accenture plc (NYSE:ACN) is at the forefront of the digital transformation sector, as it is revolutionizing the very industry itself. For instance, the firm has moved beyond the traditional infrastructure as a service (IaaS) model to what it calls a device as a service (DaaS). This model allows firms to integrate their operations with business partners and drive automation while keeping costs low.

58 of the 920 hedge funds part of Insider Monkey’s Q3 2022 survey had held a stake in Accenture plc (NYSE:ACN).

Accenture plc (NYSE:ACN)’s largest shareholder is Nicolai Tangen’s Ako Capital which owns 1.9 million shares that are worth $500 million.

4. Broadcom Inc. (NASDAQ:AVGO)

Market Capitalization as of December 8, 2022: $215 billion

Broadcom Inc. (NASDAQ:AVGO) is a technology firm that provides communications products and infrastructure software. It is headquartered in San Jose, California.

Broadcom Inc. (NASDAQ:AVGO) has several different products for digital transformation. For instance, its Clarity PPM software lets companies develop investment strategies for different hierarchy levels, sift out teams for projects, enable collaboration, and gain real time financial data by integration with existing platforms.

By the end of this year’s third quarter, 74 of the 920 hedge funds polled by Insider Monkey had bought Broadcom Inc. (NASDAQ:AVGO)’s shares.

Broadcom Inc. (NASDAQ:AVGO)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 1.5 million shares that are worth $672 million.

3. Oracle Corporation (NYSE:ORCL)

Market Capitalization as of December 8, 2022: $215.9 billion

Oracle Corporation (NYSE:ORCL) is another company whose products lie at the heart of modern day enterprise computing. It is based in Austin, Texas.

Oracle Corporation (NYSE:ORCL) enables firms to consolidate their applications, processes, supplier services, and more in a single platform. The products let companies manage customers across different channels and develop to create applications on the cloud.

Insider Monkey studied 920 hedge fund portfolios for this year’s September quarter to discover that 67 had held a stake in Oracle Corporation (NYSE:ORCL).

Oracle Corporation (NYSE:ORCL)’s largest investor is Jean-Marie Eveillard’s First Eagle Investment Management which owns 25 million shares that are worth $1.5 billion.

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.

1. Microsoft Corporation (NASDAQ:MSFT)

Market Capitalization as of December 8, 2022: $1.84 trillion

Microsoft Corporation (NASDAQ:MSFT) is an iconic technology company. Its primary product is the Windows operating system, but the firm is also a dominant cloud computing player.

Microsoft Corporation (NASDAQ:MSFT)’s Azure cloud computing division is one of the strongest players in the industry. It has enabled companies to generate round the clock customer insights, from sales to post sales marketing, drive teleworking for cost savings, and improve employee collaboration.

Insider Monkey studied 920 hedge fund portfolios for this year’s September quarter to determine that 269 had invested in Microsoft Corporation (NASDAQ:MSFT).

Michael Larson’s Bill & Melinda Gates Foundation Trust is Microsoft Corporation (NASDAQ:MSFT)’s largest shareholder. It owns 39 million shares that are worth $9 billion.

Disclosure: None. You can also take a peek at 11 Best Green Energy Stocks To Buy and Ray Dalio’s Top 10 Dividend Stocks.

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