Global Software Undiscovered Gems With Strong Fundamentals

Base

Market Cap: JP¥56.2b

Engages in the computer software development and related work in Japan.

Cybozu

Market Cap: JP¥112.6b

Engages in the development, sale, and operation of groupware in Japan.

m-up holdings

Market Cap: JP¥51.2b

Engages in the development and distribution of mobile and PC content, and e-commerce businesses in Japan.

Business Engineering

Market Cap: JP¥70.3b

Designs, develops, and implements corporate information systems, primarily using ERP package products developed by other companies worldwide.

System Support Holdings

Market Cap: JP¥22.7b

Engages in the planning, development, operation, and maintenance of IT systems in Japan and North America.

Enea

Market Cap: SEK 1.0b

Provides software products for telecom and cybersecurity industries worldwide.

Mastersystem Infotama

Market Cap: Rp4.1t

Engages in the provision of information and communication technology infrastructure solutions and system integration services to enterprise banking, oil and gas, enterprise, and telecommunication markets in Indonesia.

innoscripta

Market Cap: €734.0m

Provides software-as-a-service for managing research and development (R&D) tax incentives and project management consulting in Germany and France.

Youzan Technology

Market Cap: HK$2.1b

An investment holding company, provides online and offline e-commerce solutions in the People’s Republic of China, Japan, and Canada.

TechMatrix

Market Cap: JP¥75.7b

Engages in the information infrastructure and application service business in Japan.

Info-Tech Systems

Market Cap: S$251.6m

Engages in the sale of cloud-based accounting software and human resource management software (HRMS) in Malaysia, and Singapore.

Bouvet

Market Cap: NOK 4.5b

Provides consultancy services in the fields of information technology and digital communication for public and private sectors in Norway, Sweden, and internationally.

Pinewood Technologies Group

Market Cap: UK£362.6m

Operates as a cloud-based dealer management software provider in the United Kingdom, rest of Europe, Africa, Asia, the Middle East, and internationally.

Computer Modelling Group

Market Cap: CA$279.2m

A software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services.