Besides, Taiwan and South Korea have become global forces in PCs and India has made major inroads into the supercomputer industry. However, global competition is on the rise. A global leader is SAP of Germany. Another company is Dassault of France. Very successful software companies are mushrooming in India, Brazil, Ireland, Russia, and Singapore.
Many European countries have excellent educational systems.
Germany has a distinct advantage over US, due to their schooling system which places heavy emphasis on practical training. They hold scientists, engineers, and economists in high regard. Russia and India provide large pools of relatively inexpensive scientific talent. While the online companies started in the US, this is no longer the case. For example, America On-Line also happens to be owned by Bertelsmann, a German Company.