Australian Software Top Stock Picks from Analysts

Xero

Market Cap: AU$12.3b

Provides online business solutions for small businesses and their advisors in Australia, New Zealand, the United Kingdom, the United States, and internationally.

WiseTech Global

Market Cap: AU$11.0b

Engages in the development and provision of software solutions to the logistics execution industry in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

NEXTDC

Market Cap: AU$10.2b

Develops and operates data centers in Australia and the Asia-Pacific region.

Iress

Market Cap: AU$1.2b

Engages in the designing and developing software and services for the financial services industry in the Asia Pacific, the United Kingdom and Europe, South Africa, and North America.

SiteMinder

Market Cap: AU$1.1b

Provides software and online licensing solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas.

Catapult Sports

Market Cap: AU$927.6m

A sports science and analytics company, engages in the development and supply of technologies that improve the performance of athletes and sports teams in Australia, Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Hansen Technologies

Market Cap: AU$894.1m

Engages in the development, integration, and support of billing and customer information systems.

FINEOS Corporation Holdings

Market Cap: AU$727.6m

Engages in the development and sale of enterprise claims and policy management software for life, accident and health insurers, and employee benefits providers in North America, the Asia Pacific, Europe, the Middle East, and Africa.

Objective

Market Cap: AU$647.6m

Supplies information technology software and services in Australia and internationally.

Nuix

Market Cap: AU$401.4m

Provides investigative analytics and intelligence software solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

BrainChip Holdings

Market Cap: AU$352.8m

Develops software and hardware accelerated solutions for artificial intelligence and machine learning applications in North America, Asia Pacific, Europe, the Middle East, and Asia Pacific.

Praemium

Market Cap: AU$336.4m

Provides advisors and wealth management solutions in Australia and internationally.

Qoria

Market Cap: AU$327.5m

Qoria Limited markets, distributes, and sells cyber safety products and services in Australia, New Zealand, the United Kingdom, the United States, Europe, and internationally.

Appen

Market Cap: AU$247.9m

Operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally.

Acusensus

Market Cap: AU$201.4m

Develops technology that focuses on the detection and the provision of prosecutable evidence of distracted driving, seatbelt compliance, speeding, railway crossing compliance, and monitoring vehicles.

Wrkr

Market Cap: AU$178.2m

Provides software as a service to solve compliance needs for companies to process pay, superannuation and SMSF contributions, onboard new staff and contractors, and check credentials of new employees and contractors in Australia.

Adisyn

Market Cap: AU$177.4m

Provides managed technology solutions to the SME market in Australia and the United Kingdom.

Atturra

Market Cap: AU$163.7m

Provides advisory and information technology solutions in Australia, New Zealand, Singapore, North America, and Hong Kong.

Credit Clear

Market Cap: AU$77.9m

Engages in the provision of debt resolution services and technology development and implementation of the digital engagement platform in Australia and New Zealand.

Adveritas

Market Cap: AU$75.1m

Provides funnel measurement, verification, and fraud prevention solutions for digital advertising in North America, Latin America, Asia Pacific, Australia, Europe, and internationally.

Infotrust

Market Cap: AU$70.6m

Engages in the provision of cyber security, and technology services and solutions in Australia.

IODM

Market Cap: AU$69.8m

Provides cloud based software as a service in Australia, New Zealand, the United States, and the United Kingdom.

Kinatico

Market Cap: AU$67.0m

Provides screening, verification, and SaaS-based workforce management and compliance technology systems in Australia and New Zealand.

Vection Technologies

Market Cap: AU$48.7m

An enterprise-focused company, develops and commercializes integrated digital transformation technology solutions and services in Australia.

Reckon

Market Cap: AU$45.3m

Provides software solutions in Australia, New Zealand, the United States, and internationally.

archTIS

Market Cap: AU$36.7m

Engages in the design and development of products, solutions, and services for secure information sharing and collaboration in Australia and internationally.

COSOL

Market Cap: AU$36.4m

Provides asset management as a service in the Asia Pacific, North America, Europe, the Middle East, Africa, and internationally.

Pureprofile

Market Cap: AU$36.1m

A data and insights organization, engages in the provision of online research solutions for agencies, marketers, researchers, brands and businesses in Australasia, Europe, and the United States.

Pointerra

Market Cap: AU$23.8m

Provides a cloud-based solution for storing, processing, managing, analyzing, extracting, visualizing, and sharing 3D data in Australia and the United States.

SenSen Networks

Market Cap: AU$19.9m

Develops and sells SenDISA platform-based products and services in North America, Australia, New Zealand, and Asia.

StepChange Holdings

Market Cap: AU$19.0m

Operates as an SAP ERP consulting firm.

Felix Group Holdings

Market Cap: AU$14.9m

Develops and sells cloud-based SaaS solutions for contractors and vendors in Australia and New Zealand.

EPX

Market Cap: AU$14.7m

Provides building energy management solutions for commercial real estate in Australia, Asia, the United Kingdom, and the Middle East.

ReadCloud

Market Cap: AU$10.1m

Provides eLearning software and industry based training solutions to schools and educational institutions in Australia.