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ARTICLE · 07 AUGUST 2017

Who Are The Big Four Really?

When encountering a reference to the "Big Four" one used undeniably to think of the biggest four accounting firms in the world.

SpainFinance and Banking

When encountering a reference to the "Big Four" one used undeniably to think of the biggest four accounting firms in the world.

Recently, though, it might be necessary to check the context, as the reference could perfectly be made to the 4 largest "tech" companies in the world (Facebook, Google, Apple and Amazon).

However, are these latest "Big Four" only "tech" companies? Bankers and car-makers may not agree. Facebook is entitling users to make payments through its messenger service, Apple introduced Apple Pay, Google invested in sector-disruptive Uber and - like Apple - is investing heavily in self-driving cars. This, though, seems to be only the tip of the iceberg.

Indeed, as venture capitalist Marc Andreessen already forecasted in 2011, "software is eating the world" or, at least, that seems to be what investors think: in July 2016, for the very first time in history, the 5 largest world companies by market capitalization were all "tech" companies:

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