U.S. Software Healthy potentially undervalued

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.

Zoom Communications

Market Cap: US$26.3b

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

A10 Networks

Market Cap: US$1.2b

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.

Vertex

Market Cap: US$2.5b

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

Inuvo

Market Cap: US$26.4m

An advertising technology and services company, develops and commercializes large language generative artificial intelligence that discovers and targets digital audiences in the United States.

Cerence

Market Cap: US$466.4m

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.

Freshworks

Market Cap: US$2.7b

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

Microsoft

Market Cap: US$3.1t

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

Box

Market Cap: US$3.5b

Provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device in the United States and Japan.

Cognizant Technology Solutions

Market Cap: US$36.0b

A professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally.

Intuit

Market Cap: US$120.8b

Provides financial management, payments and capital, compliance, and marketing products and services in the United States.

Perfect

Market Cap: US$148.7m

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.

Salesforce

Market Cap: US$184.0b

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

Exodus Movement

Market Cap: US$306.6m

Operates as a financial technology for blockchain and digital asset industry in the United States.

BILL Holdings

Market Cap: US$3.7b

Provides financial operations platform for small and midsize businesses worldwide.

Silvaco Group

Market Cap: US$126.8m

Provides technology computer aided design (TCAD) software, electronic design automation (EDA) software, and semiconductor intellectual property (SIP) solutions in the United States and internationally.

Telos

Market Cap: US$396.1m

Provides cyber, cloud, and enterprise security solutions in the United States and internationally.

Procore Technologies

Market Cap: US$7.9b

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

EPAM Systems

Market Cap: US$10.1b

Provides digital platform engineering and software development services worldwide.

Sprinklr

Market Cap: US$1.5b

Provides enterprise cloud software products worldwide.

ServiceTitan

Market Cap: US$6.3b

Provides an end-to-end cloud-based software platform in the United States and Canada.

International Business Machines

Market Cap: US$275.1b

Provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Riskified

Market Cap: US$655.1m

Develops and offers an e-commerce risk intelligent platform that allows online merchants to create trusted relationships with consumers in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and the Americas.

Atlassian

Market Cap: US$27.6b

Provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide.

HubSpot

Market Cap: US$12.8b

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

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.

Expensify

Market Cap: US$129.3m

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

Dolby Laboratories

Market Cap: US$5.8b

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.

Adeia

Market Cap: US$1.9b

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

PAR Technology

Market Cap: US$923.4m

Provides omnichannel cloud-based hardware and software solutions to the worldwide.

SPS Commerce

Market Cap: US$3.1b

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

SentinelOne

Market Cap: US$4.5b

Operates as a cybersecurity provider in the United States and internationally.

Akamai Technologies

Market Cap: US$13.2b

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

Tuya

Market Cap: US$1.2b

Provides AI cloud platform services in the People’s Republic of China.

Bit Digital

Market Cap: US$624.4m

Engages in the institutional grade ethereum treasury and staking business.

Backblaze

Market Cap: US$245.7m

A storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally.