Global Software Healthy potentially undervalued

Commerce.com

Market Cap: US$366.5m

Operates a software-as-a-service e-commerce platform for brands and retailers in the United States, North and South America, Europe, the Middle East, Africa, and the Asia Pacific.

Asana

Market Cap: US$3.3b

Operates a work management software platform for individuals, team leads, and executives in the United States and internationally.

Kaltura

Market Cap: US$233.3m

Provides various software-as-a-service (SaaS) products and solutions and a platform-as-a-service (PaaS) in the United States, Europe, the Middle East, Africa, and internationally.

OneSpan

Market Cap: US$527.7m

Designs, develops, and markets digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

Jamf Holding

Market Cap: US$1.1b

Provides management and security solutions for Apple platforms in the Americas, Europe, the Middle East, India, Africa, and the Asia Pacific.

Teradata

Market Cap: US$2.0b

Provides a connected hybrid cloud analytics and data platform in the United States and internationally.

Adobe

Market Cap: US$147.9b

Operates as a technology company worldwide.

Elastic

Market Cap: US$8.1b

A search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally.

HubSpot

Market Cap: US$22.7b

Provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific.

Kyndryl Holdings

Market Cap: US$7.0b

Operates as a technology services company and IT infrastructure services provider in the United States, Japan, and internationally.

Confluent

Market Cap: US$6.2b

Operates a data streaming platform in the United States and internationally.

ReadyTech Holdings

Market Cap: AU$296.6m

Provides technology-based solutions in Australia.

Hyundai Autoever

Market Cap: ₩4.2t

Provides information and communication technology services in South Korea and internationally.

DXC Technology

Market Cap: US$2.5b

Provides information technology services and solutions in the United States, the United Kingdom, the rest of Europe, Australia, and internationally.

Klaviyo

Market Cap: US$9.3b

A technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa.

Pivotree

Market Cap: CA$36.7m

Designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers worldwide.

ASGN

Market Cap: US$2.2b

Engages in the provision of information technology (IT) services and solutions in the technology, digital, and creative fields for commercial and government sectors in the United States, Canada, and Europe.

Sprout Social

Market Cap: US$820.5m

Designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Verint Systems

Market Cap: US$1.2b

Provides customer engagement solutions worldwide.

91APP

Market Cap: NT$10.0b

A Software-as-a-Service company, provides retail software cloud and e-commerce value-added services in Taiwan, Hong Kong, and Malaysia.

Freshworks

Market Cap: US$3.8b

A software development company, provides software-as-a-service products in North America, Europe, the Middle East, Africa, Asia Pacific, and internationally.

N-able

Market Cap: US$1.4b

Provides cloud-based security, data protection, and unified endpoint management software solutions for managed service providers in the United States, the United Kingdom, and internationally.

FDM Group (Holdings)

Market Cap: UK£135.1m

Provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific.

Lightspeed Commerce

Market Cap: CA$2.3b

Engages in sale of cloud-based software subscriptions and payments solutions for single and multi-location retailers, restaurants, golf course operators, and other businesses in the United States, Canada, the United Kingdom, Australia, and internationally.

CleanSpark

Market Cap: US$2.8b

Operates as a bitcoin mining company in the Americas.

Clear Secure

Market Cap: US$4.5b

Operates a secure identity platform under the CLEAR brand name primarily in the United States.

Asiainfo Security TechnologiesLtd

Market Cap: CN¥7.9b

Provides network security software in China and internationally.

Qi An Xin Technology Group

Market Cap: CN¥23.4b

A cyber-security company, provides cybersecurity products and services for government, enterprises, and other institutions in China and internationally.

NEXG Berhad

Market Cap: RM 1.2b

An investment holding company, provides security-based information and communication technology (ICT) solutions primarily in Malaysia.

q.beyond

Market Cap: €118.8m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

PSI Software

Market Cap: €408.9m

Develops and integrates software solutions and products for optimizing the flow of energy and materials for utilities and industry worldwide.

CI&T

Market Cap: US$707.9m

Provides strategy, design, and software engineering services worldwide.

Akamai Technologies

Market Cap: US$10.6b

Engages in the provision of security, delivery, and cloud computing solutions in the United States and internationally.

Salesforce

Market Cap: US$223.1b

Provides customer relationship management (CRM) technology that connects companies and customers together worldwide.

Five9

Market Cap: US$1.9b

Provides intelligent cloud software for contact centers in the United States and internationally.

Netcompany Group

Market Cap: DKK 11.5b

Provides business critical IT solutions to private and public customers in Denmark, Norway, the United Kingdom, the Netherlands, Greece, Belgium, Luxembourg, and internationally.