BANGALORE: What is the most striking thing you face when you enter any business? Competition!  It helps you work smarter, provides opportunities for creative thinking and helps you identify the potential threats to your business.

In U.S., all listed companies are required to fill the Form 10-K in which they need to mention their financial status and shareholding along with the names of their worthy competitors. The most cited companies are ranked by Bloomberg as the most dangerous tech competitors for any company.

1. IBM

The International Business Machines Corporation (IBM) is an American multinational technology and consulting corporation. On a global scale among the top 50 firms, about 18 other big companies consider IBM as a mighty threat for them in tech competition.

Notable inventions by IBM include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the Universal Product Code (UPC),

Its employees have garnered 5 Nobel Prizes, 6 Turing Awards; 10 National Medals of Technology, and 5 National Medals of Science.

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