U.S. Software Healthy potentially undervalued

SPS Commerce

Market Cap: US$3.1b

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

ASGN

Market Cap: US$2.3b

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.

Varonis Systems

Market Cap: US$2.8b

Provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of worlds.

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.

Tuya

Market Cap: US$1.2b

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

Oracle

Market Cap: US$421.5b

Offers products and services that address enterprise information technology environments worldwide.

Globant

Market Cap: US$2.7b

Provides technology services worldwide.

Qualys

Market Cap: US$4.6b

Provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally.

GitLab

Market Cap: US$5.5b

Develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific.

UiPath

Market Cap: US$6.6b

Provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, the United Kingdom, the Netherlands, and internationally.

Fortinet

Market Cap: US$58.7b

Provides cybersecurity and convergence of networking and security solutions worldwide.