Global Software Undiscovered Gems With Strong Fundamentals

Novabase S.G.P.S

Market Cap: €322.7m

Through its subsidiaries, provides IT consulting and services in Portugal, rest of Europe, Africa, the Middle East, and internationally.

Cybertrust Japan

Market Cap: JP¥20.0b

Engages in the certification authority and security, IoT, and Linux/OSS businesses in Japan.

CHT Security

Market Cap: NT$11.0b

Provides cybersecurity services.

CyberLink

Market Cap: NT$7.1b

A multimedia software and AI facial recognition technology company, develops, designs, and sells video entertainment and media creation software in Taiwan, the United States, Japan, and internationally.

Ad-Sol Nissin

Market Cap: JP¥27.3b

Develops information and embedded systems for companies in Japan.

Densan System Holdings

Market Cap: JP¥38.0b

Provides information and collection agency services in Japan.

NTT Data Intramart

Market Cap: JP¥18.7b

Provides software products and services in Japan and internationally.

Base

Market Cap: JP¥58.4b

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

Turn Cloud Technology Service

Market Cap: NT$5.1b

Provides integrated products and platforms for retail cloud customers, merchants, and cash flows in Taiwan and rest of Asia.

Uchida Yoko

Market Cap: JP¥100.0b

Engages in providing government and education, office, and information system solutions in Japan and internationally.

Malam - Team

Market Cap: ₪2.8b

Provides information technology services in Israel.

BTCS

Market Cap: US$138.6m

A blockchain technology company, provides blockchain infrastructure services in the United States.

Nanjing Sciyon Wisdom Technology Group

Market Cap: CN¥6.3b

Nanjing Sciyon Wisdom Technology Group Co., Ltd.

pluszero

Market Cap: JP¥21.6b

Engages in the provision, development, maintenance, operation, and sale of solutions that integrate AI, IoT, robotics, natural language processing, software, hardware, and other technologies in Japan.

CELSYS

Market Cap: JP¥49.5b

Engages in content creation solutions business in Japan.

Core Concept Technologies

Market Cap: JP¥19.4b

Engages in the provision of digital transformation support in Japan.

Cybozu

Market Cap: JP¥129.0b

Develops, sells, and operates of groupware solutions in Japan.

TerraSkyLtd

Market Cap: JP¥26.1b

Provides cloud products and solutions in Japan and internationally.

Global Infotech

Market Cap: CN¥9.0b

Provides financial information software products and integrated services in China.

ID Holdings

Market Cap: JP¥36.5b

Provides information technology (IT) services in Japan.

OPTiM

Market Cap: JP¥27.3b

Provides IoT platform, remote management, support, and other services in Japan.

Cloud Factory Technology Holdings

Market Cap: HK$1.9b

Provides Internet data center solutions (IDC) and information communications technology (ICT) services in the People’s Republic of China.

Chanjet Information Technology

Market Cap: HK$2.6b

Engages in the cloud service and software businesses in Mainland China and internationally.

m-up holdings

Market Cap: JP¥63.7b

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

ITFOR

Market Cap: JP¥43.9b

Provides IT solutions for various industries in Japan.

Systems

Market Cap: PK₨246.2b

Engages in the software development and trading, hardware, and business process outsourcing (BPO) service businesses in Pakistan, North America, the Middle East, Africa, Europe, the Asia Pacific, and internationally.

Mastersystem Infotama

Market Cap: Rp4.3t

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.

Insyde Software

Market Cap: NT$9.8b

Provides system firmware and software engineering services for companies in the mobile, desktop, server, and embedded systems industries worldwide.

Enea

Market Cap: SEK 1.3b

Provides software products for telecom and cybersecurity industries worldwide.

Micro Systemation

Market Cap: SEK 1.1b

Provides forensic technology for mobile device examination and analysis in Sweden and internationally.

Agora

Market Cap: US$347.6m

Through its subsidiaries, engages in the operation of a real-time engagement platform-as-a-service in the United States, the People’s Republic of China, and internationally.

Mamezo Digital Holdings

Market Cap: JP¥50.2b

Provides IT solutions in Japan.

Pinming Technology

Market Cap: CN¥8.7b

Engages in research and development, sale, and technical service of Internet of Things software and hardware systems, and related products.

International Integrated Systems

Market Cap: NT$3.9b

Provides information system planning and maintenance, software development, and information technology consultation services for public, financial, healthcare, smart city, and telecom and Internet services sectors in Taiwan.

CMC

Market Cap: ₫7.5t

Engages in the provision of information technology and other services relating to computers in Vietnam and internationally.

Business Engineering

Market Cap: JP¥93.0b

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