Top 7 Largest Tech Companies in Switzerland

Thanh Thao Nguyen 63 0 Error

In this post, let's examine some of the largest tech companies in Switzerland, ranked by market capitalization. Go directly to other related articles on ... read more...

  1. Top 1

    TE Connectivity

    TE Connectivity, which designs and produces connectors and sensors for a variety of markets, including automotive, industrial equipment, data communication systems, aerospace, defense, medical, oil and gas, consumer electronics, and energy, is an American corporation with Swiss headquarters. Almost 8,000 engineers are among the 89,000 employees of TE Connectivity that work worldwide. The business provides customer service in about 140 different nations. The product portfolio of TE Connectivity is concentrated on connectors and sensors that can survive challenging environments.


    TE Connectivity's market cap was $39.41 billion as of March 2023. By market cap, this places TE Connectivity as the 419th most valuable company in the world. The most recent financial reports from TE Connectivity state that the company's current revenue (TTM) is $16.30 billion. The company's revenue in 2021 was $15.21 billion, up from $12.52 billion in 2020.


    Founded: 2007
    Headquarters: Schaffhausen, Switzerland
    Website: te.com

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  2. Top 2

    Garmin

    Founded in 1989 by Americans Gary Burrell and Min Kao in Lenexa, Kansas (then known as ProNav), Garmin Ltd. (reduced to Garmin, stylized as GARMIN) is presently headquartered in Olathe, Kansas. The company has been formally established as a Swiss corporation in Schaffhausen since 2010.

    Cars, planes, boats, hikes, and sports are just some of the many uses for the firm's GPS technology. As a result of their innovations in wearable technology, they have been competing with companies like Fitbit and Apple, which have made consumer-level activity trackers and smartwatches.

    As part of the Research Triangle Park in North Carolina, Garmin established a location in Cary in 2010. In addition to the United Kingdom, the United States, and Taiwan, Garmin also has a presence in a number of other nations. Formar in Belgium, Garmin AMB in Canada, Belanor in Norway, Trepat in Spain, and Garmin-Cluj in Romania are all names under which the company operates.

    Founded: October 1989
    Headquarters: Schaffhausen, Switzerland
    Website: https://www.garmin.com

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  3. Top 3

    Logitech

    With corporate offices in Lausanne, Switzerland, and Newark, California, Logitech International S.A. is a worldwide manufacturer of computer hardware and software. One of the top producers of input and interface devices for personal computers (PCs) and other digital products, the company has operations across Europe, Asia, Oceania, and the Americas. It is included in the prestigious Swiss Market Index.

    The business creates and sells personal accessories for smart homes, video collaboration and communication, music, and PC navigation. Keyboards, mice, tablet attachments, headphones and headsets, cameras, Bluetooth speakers, universal remotes, and other items fall under this category. Its name is a translation of the French term logiciel, which means software.

    The market capitalization of Logitech was $8.61 billion as of March 2023. By market cap, this places Logitech as the 1610th most valuable business in the world. The most recent financial reports from Logitech show that the company's current revenue (TTM) is $4.80 billion. The company generated $5.78 billion in revenue in 2021, an increase from $4.42 billion in 2020.

    Founded: October 2, 1981
    Headquarters:

    • Lausanne, Switzerland

    • Newark, California, U.S.

    Website: www.logitech.com

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  4. Top 4

    Temenos

    Temenos AG is a Swiss corporation headquartered in Geneva that develops enterprise software for the banking and financial sectors. Temenos was founded in 1993 and has been publicly traded in Switzerland since 2001.

    Temenos AG
    , founded in 1993, is a provider of banking software systems for retail, corporate, universal, private, treasury, fund administration, Islamic, microfinance, and community banks. It is listed on the Swiss stock exchange (SIX: TEMN). Temenos has 67 offices in 40 countries and is headquartered in Geneva, Switzerland. The company serves more than 3,000 financial institutions in 145 countries. The company says that 41 of the world's 50 largest banks utilize their product.

    In November 1993, George Koukis and Kim Goodall founded the company after purchasing the rights to the GLOBUS banking software platform, which had been built by a group of technical and financial professionals in 1988. As it continued to develop and market GLOBUS, the company changed its name to Temenos in 1992 after a lecture on money given by Hans-Wolfgang Frick at the Temenos Academy.


    Founded: 1993
    Headquarters: Geneva, Switzerland
    Website: https://www.temenos.com/

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  5. Top 5

    SoftwareONE

    SoftwareOne is an industry leader in cloud transition thanks to its extensive network of hyperscaler relationships, team of over 3,000 cloud professionals, and customizable end-to-end cloud services. They assist businesses in developing, migrating, modernizing, and managing cloud-based applications, so they may save money while increasing their capacity for innovation.


    They help their clients get the most out of their IT budgets by advising them on how to best invest in software and cloud services, as well as assisting them in implementing technological solutions to improve business processes. More than $1.95 billion in software cost savings will be realized by SoftwareOne customers in 2021. Our global supplier network and local market expertise enable us to help customers navigate and save money in the ever-evolving digital supply chain in which we operate.

    Founded: 1985
    Headquarters: Riedenmatt, 4CH-6370 Stans, Switzerland
    Website: https://www.softwareone.com/

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  6. Top 6

    u-blox

    Swiss firm u-blox produces wireless semiconductors and modules for use in consumer electronics, automobiles, and industrial settings. They are a "fabless IC" company that also does design work. u-blox is a Swiss company that has been around since 1997. The corporation is publicly traded on the Swiss Stock Exchange (SIX:UBXN) and maintains overseas branches in a wide variety of countries, including the United States, Singapore, China, Taiwan, Korea, Japan, India, Pakistan, Australia, Ireland, the United Kingdom, Belgium, Germany, Sweden, Finland, Italy, and Greece.

    Chips and modules for use with GNSS receivers like GPS, GLONASS, Galileo, BeiDou, and QZSS are manufactured and sold by u-blox. GSM, UMTS, CDMA2000, and LTE modules, along with Bluetooth and WiFi modules, make up the wireless spectrum. In the Internet of Things, the convergence of 2G/3G/4G, Bluetooth, Wi-Fi, and satellite-based navigation enables the delivery of complete systems for location-based services and M2M applications (machine-to-machine communication).

    After going public in 2007, they've made a dozen acquisitions, including ConnectBlue in 2014, Lesswire in 2015, and Rigado's module business this year. u-blox bought out Thingstream in 2020. In 2021, u-blox AG strengthened its position in the rapidly expanding high-precision GNSS sector by acquiring Sapcorda Services GmbH, a provider of high-precision GNSS (global navigation satellite system) services. In 2021, u-blox AG bought Naventik GmbH, a German firm that focuses on autonomous driving safety positioning solutions, to increase its foothold in the industry.

    u-blox
    's prototype starter kits make it easy to test out new IoT ideas quickly. From 2002 until his retirement on December 31, 2022, Thomas Seiler was the CEO of u-blox AG. After joining the firm in 2022, Stephan Zizala took over for Seiler.

    Founded: 1997
    Headquarters: Thalwil, canton of Zürich, Switzerland
    Website: https://www.u-blox.com/

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  7. Top 7

    SOPHiA GENETICS

    Sophia Genetics is a Swiss and American software firm based in Lausanne and Boston, respectively, that focuses on data-driven medicine. Medical facilities, research facilities, and biopharmaceutical companies can all benefit from its genomic and radiomic analysis services. In 2017, the MIT Technology Review named the company one of the 50 most innovative companies in the world. In 2021, the firm began trading publicly on the Nasdaq at a valuation of $1.1 billion.

    Sophia Genetics
    was established in 2011 as a startup at the École Polytechnique Fédérale de Lausanne (EPFL) by Jurgi Camblong, Pierre Hutter, and Lars Steinmetz. Initially, it was used in nationally authorized healthcare laboratories and hospitals for research. The Sophia DDM Platform (Data-Driven Medicine) is an analytical software platform developed by the firm in 2014 that aids in the interpretation of circulating tumor DNA and circulating tumor cells in bodily fluids such as blood, urine, cerebrospinal fluid, and others.


    Using machine learning and AI algorithms, the Sophia DDM Platform delivers genomic insights to clinicians and researchers from heterogeneous multimodal data sets in the cloud. All of the institutions on the platform exchange their insights with one another. This means that the AI improves in intelligence and precision as its user base grows. The technology has found application in the study of malignancies that run in families, metabolic disorders, pediatrics, cardiology, and rare diseases.

    Founded: 2011
    Headquarters: Lausanne, Switzerland
    Website: https://www.sophiagenetics.com/

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