U.S. Software Healthy potentially undervalued

PTC

Market Cap: US$14.4b

Operates as software company in the Americas, Europe, and the Asia Pacific.

Xperi

Market Cap: US$395.8m

Operates as a media and entertainment technology company worldwide.

Pegasystems

Market Cap: US$5.2b

Develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.

Zoom Communications

Market Cap: US$25.6b

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

Opera

Market Cap: US$1.8b

Provides mobile and PC web browsers and related products and services in Ireland, Singapore, the United States, and internationally.

Microsoft

Market Cap: US$2.9t

Develops and supports software, services, devices, and solutions worldwide.

Viant Technology

Market Cap: US$849.3m

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.

Roper Technologies

Market Cap: US$36.8b

Designs and develops vertical software and technology enabled products in the United States, Canada, Europe, Asia, and internationally.

Cognyte Software

Market Cap: US$662.6m

A software-driven technology company, focuses on investigative analytics solutions worldwide.

CI&T

Market Cap: US$451.1m

Provides strategy, design, and software engineering services in North America, Europe, Latin America, Asia Pacific, and worldwide.

Tuya

Market Cap: US$1.1b

Provides artificial intelligence (AI) cloud platform services in the People’s Republic of China.

i3 Verticals

Market Cap: US$605.8m

Provides enterprise software and services solutions to public sector entities in the United States and Canada.

Trimble

Market Cap: US$12.4b

Offers technology solutions and platform that enable office professionals and field workers to connect workflows and industry lifecycles in North America, Europe, the Asia Pacific, and internationally.

Braze

Market Cap: US$2.7b

Operates a customer engagement platform that provides interactions between consumers and brands worldwide.

Procore Technologies

Market Cap: US$6.6b

Provides a cloud-based construction management platform and related products and services in the United States and internationally.

DocuSign

Market Cap: US$8.7b

Provides electronic signature solution in the United States and internationally.

Zscaler

Market Cap: US$23.8b

Operates as a cloud security company worldwide.

Pagaya Technologies

Market Cap: US$1.5b

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.

EPAM Systems

Market Cap: US$4.6b

Provides digital platform engineering and software development services worldwide.

Thryv Holdings

Market Cap: US$190.3m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

LiveRamp Holdings

Market Cap: US$2.3b

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

Alarm.com Holdings

Market Cap: US$2.5b

Operates a platform for connected properties in North America and internationally.

OneSpan

Market Cap: US$535.3m

Provides 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.

Asana

Market Cap: US$1.7b

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

PagerDuty

Market Cap: US$769.7m

Engages in the operation of a digital operations management platform in the United States and internationally.

Commerce.com

Market Cap: US$259.9m

Provides artificial intelligence-driven commerce ecosystem in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

GoDaddy

Market Cap: US$11.7b

Engages in the design and development of cloud-based products in the United States and internationally.

Kyndryl Holdings

Market Cap: US$2.7b

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

Adobe

Market Cap: US$87.3b

Operates as a technology company worldwide.

PAR Technology

Market Cap: US$785.7m

Provides omnichannel cloud-based software and hardware solutions for the restaurant and retail industries worldwide.

SPS Commerce

Market Cap: US$2.2b

Provides cloud-based supply chain management solutions in the United States.

Dolby Laboratories

Market Cap: US$4.8b

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.

AppLovin

Market Cap: US$177.1b

Provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.

Sprout Social

Market Cap: US$485.7m

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

Everforth

Market Cap: US$724.1m

Provides information technology solutions for commercial and government sectors in the United States, Canada, and Europe.

Vertex

Market Cap: US$2.1b

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