Global Software Undervalued Small Caps

Bytes Technology Group

Market Cap: UK£621.2m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

LiveRamp Holdings

Market Cap: US$1.6b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

Future

Market Cap: JP¥141.1b

Provides IT consulting and services primarily in Japan.

Inspur Digital Enterprise Technology

Market Cap: HK$3.7b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Mensch und Maschine Software

Market Cap: €555.7m

Provides technical software and digitization solutions in computer aided design, manufacturing and engineering, product data and lifecycle management, and building information modeling and management areas.

Nagarro

Market Cap: €555.8m

Provides digital product engineering and technology solutions in Germany, the United States of America, and internationally.

Tracsis

Market Cap: UK£89.3m

Engages in the provision of software, hardware, data analytics and geographic information systems, and services in the United Kingdom, Ireland, rest of Europe, Europe, North America, and internationally.

GFT Technologies

Market Cap: €437.8m

Provides digital transformation services.

Sword Group

Market Cap: €288.6m

Provides IT and software solutions.

Cerillion

Market Cap: UK£296.9m

Engages in the provision of software for billing, charging, and customer relationship management to the telecommunications sector in the United Kingdom, Europe, the Middle East and Africa, the Americas, and the Asia Pacific.

Praemium

Market Cap: AU$321.7m

Provides advisors and wealth management solutions in Australia and internationally.

74Software

Market Cap: €899.5m

Operates as a software company in France.

Pagaya Technologies

Market Cap: US$956.5m

A product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services, their customers, and institutional or sophisticated investors in the United States, Israel, and the Cayman Islands.

Vista Group International

Market Cap: NZ$397.7m

Provides software and technology solutions to the film industry sectors in New Zealand and internationally.

Exsitec Holding

Market Cap: SEK 1.5b

Provides digital solutions to medium-sized companies in Sweden, Norway, Denmark, and Finland.

Atea

Market Cap: NOK 15.4b

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

Cybozu

Market Cap: JP¥94.7b

Develops, sells, and operates of groupware solutions in Japan.

Truecaller

Market Cap: SEK 3.4b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

Hecto Innovation

Market Cap: ₩236.3b

Operates as an IT platform company in the field of information security primarily in Korea.

init innovation in traffic systems

Market Cap: €410.2m

Engages in the provision of intelligent transportation systems solutions for public transportation in Germany and internationally.

Vertex

Market Cap: US$1.9b

Provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally.

Qt Group Oyj

Market Cap: €481.9m

Offers cross-platform solutions for the software development lifecycle in Finland, rest of Europe, the Asia Pacific, and North America.

innoscripta

Market Cap: €654.0m

Provides software-as-a-service for managing research and development (R&D) tax incentives and project management consulting in Germany.

Viant Technology

Market Cap: US$679.4m

Operates a cloud-based demand side platform (DSP) that enables the programmatic purchase of digital advertising across multiple channels, including connected TV (CTV), streaming audio, digital out-of-home, mobile, and desktop.

Docebo

Market Cap: CA$716.2m

Develops and provides learning management platform for training in Canada, the United States, and internationally.

Prevas

Market Cap: SEK 1.0b

Provides technical solutions in Sweden, Denmark, Finland, and internationally.

Bouvet

Market Cap: NOK 5.1b

Provides IT and digital communication consultancy services for public and private sectors in Norway, Sweden, and internationally.

adesso

Market Cap: €365.5m

Provides IT services in Germany, Austria, Switzerland, and internationally.

Startia HoldingsInc

Market Cap: JP¥25.3b

Engages in the IT business in Japan and internationally.

System Support Holdings

Market Cap: JP¥21.7b

Engages in the planning, development, operation, and maintenance of IT systems in Japan and North America.

Information Services Group

Market Cap: US$186.9m

Operates as an artificial intelligence (AI) centered technology research and advisory company in the Americas, Europe, and the Asia Pacific.

Performance Technologies

Market Cap: €97.7m

Provides production and marketing of it products, solutions and services, in Greece.

FINEOS Corporation Holdings

Market Cap: AU$831.1m

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.

GMO internet group

Market Cap: JP¥278.0b

Provides various Internet services worldwide.

Yusys Technologies

Market Cap: CN¥13.2b

Provides financial technology solutions in China.

Simplex Holdings

Market Cap: JP¥180.3b

Provides IT solutions in Japan.