ARM is not in the top 100 firms worldwide by market capitalisation though it is obviously a very impressive achievement. Also, if you’re going to count ARM Cisc

ARM is not in the top 100 firms worldwide by market capitalisation though it is obviously a very impressive achievement. Also, if you’re going to count ARM Cisco, Intel and NVIDIA should all count too and they are in the top 100 firms worldwide by market capitalisation. I’m sure there are many, many reasons the EU only has one software company to compare with the US or China’s behemoths but the fact remains that it does only have one. There are 16 European companies (including Swiss) in the world top 100, minimum, so I don’t see any special reason Europe couldn’t have software companies that are a really big deal outside SAP but compared to the US they don’t. As to standouts Toyota is also an enormous conglomerate though you need to expand the list to get to 32. Taiwan Semiconductor is pretty impressive, worth more than Toyota and no one knows it exists.