Global Software Healthy potentially undervalued

Adobe

Market Cap: US$149.0b

Operates as a technology company worldwide.

Jamf Holding

Market Cap: US$1.7b

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

HubSpot

Market Cap: US$20.4b

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

Commerce.com

Market Cap: US$342.9m

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.

Enghouse Systems

Market Cap: CA$1.1b

Develops enterprise software solutions worldwide.

Endava

Market Cap: US$361.4m

Provides technology services in North America, Europe, the United Kingdom, and internationally.

Kyndryl Holdings

Market Cap: US$6.2b

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

Teradata

Market Cap: US$2.9b

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

Beijing Fourth Paradigm Technology

Market Cap: HK$22.5b

An investment holding company, provides platform-centric artificial intelligence (AI) solutions in the People's Republic of China.

Range Intelligent Computing Technology Group

Market Cap: CN¥82.0b

Provides provides internet data center (IDC) and automatic identification and data capture (AIDC) services to telecom operators, internet companies, and cloud vendors in China.

Mensch und Maschine Software

Market Cap: €740.9m

Provides computer aided design, manufacturing, and engineering, product data management, and building information modeling/management solutions in Germany, Austria, Switzerland, the United Kingdom, Italy, France, Hungary, and internationally.

Adeia

Market Cap: US$1.4b

Operates as a media and semiconductor intellectual property licensing company in the United States, Asia, Canada, Europe, the Middle East, and internationally.

ASGN

Market Cap: US$2.1b

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.

DXC Technology

Market Cap: US$2.7b

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

Thinkific Labs

Market Cap: CA$122.2m

Engages in the development, marketing, and support management of cloud-based platform in Canada, the United States, and internationally.

Dolby Laboratories

Market Cap: US$6.3b

Engages in the design and manufacture of audio, imaging, accessibility, and other hardware and software solutions for television, broadcast, and live entertainment industries in the United States and internationally.

Zoom Communications

Market Cap: US$26.6b

Provides an Artificial Intelligence-first work platform for human connection in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Zeta Global Holdings

Market Cap: US$4.4b

Operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally.

Sprout Social

Market Cap: US$672.4m

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

Expensify

Market Cap: US$134.9m

Provides a cloud-based expense management software platform in the United States and internationally.

DTS

Market Cap: JP¥196.8b

Provides systems integration services in Japan.

TPXimpact Holdings

Market Cap: UK£20.6m

Provides digital native technology services in the United Kingdom, Switzerland, and internationally.

Truecaller

Market Cap: SEK 6.5b

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

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.

A10 Networks

Market Cap: US$1.3b

Provides security and infrastructure solutions in the United States, rest of the Americas, Japan, rest of the Asia Pacific, Europe, the Middle East, and Africa.

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.

Freshworks

Market Cap: US$3.5b

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

Clear Secure

Market Cap: US$4.9b

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

Docebo

Market Cap: CA$868.7m

Develops and provides a learning management platform for training in North America and internationally.

Amplitude

Market Cap: US$1.5b

Provides a digital analytics platform that analyzes customer behavior in the United States and internationally.

Cerence

Market Cap: US$504.2m

Provides AI-powered assistants for the mobility/transportation market in the United States, the rest of the Americas, Germany, the rest of Europe, the Middle East, Africa, Japan, and the rest of the Asia-Pacific.

Sopra Steria Group

Market Cap: €3.0b

Provides consulting, digital, and software development services in France and internationally.

Capgemini

Market Cap: €24.5b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Akamai Technologies

Market Cap: US$12.8b

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

Perfect

Market Cap: US$184.3m

An artificial intelligence software as a service company, provides artificial intelligence (AI)- and augmented reality (AR)-powered solutions for beauty, fashion, and skincare industries worldwide.

CI&T

Market Cap: US$610.1m

Provides strategy, design, and software engineering services worldwide.