Global Software Undiscovered Gems With Strong Fundamentals

Galaxy Software Services

Market Cap: NT$5.5b

Engages in the design, development, and trading of software products in Taiwan, China, and internationally.

Core Concept Technologies

Market Cap: JP¥18.1b

Provides digital transformation and IT human resources procurement support services in Japan.

Nanjing Sciyon Wisdom Technology Group

Market Cap: CN¥7.1b

Nanjing Sciyon Wisdom Technology Group Co., Ltd.

Cybozu

Market Cap: JP¥177.6b

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

Cloud Factory Technology Holdings

Market Cap: HK$2.0b

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

TerraSkyLtd

Market Cap: JP¥28.9b

Provides cloud products and solutions in Japan and internationally.

baudroieinc

Market Cap: JP¥94.7b

Provides optimal IT solutions in Japan.

ITFOR

Market Cap: JP¥38.4b

Provides IT solutions for various industries in Japan.

SERAKU

Market Cap: JP¥21.5b

Operates as internet system integrator in Japan.

Hecto Innovation

Market Cap: ₩193.8b

Operates as an IT platform company in the field of information security primarily in Korea.

R Systems International

Market Cap: ₹53.1b

A digital product engineering company, designs and builds chip-to-cloud software products and platforms.

Systems

Market Cap: PK₨196.9b

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.

ULS Group

Market Cap: JP¥41.1b

Provides IT consulting and solutions in Japan.

Insyde Software

Market Cap: NT$10.9b

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

EXEM

Market Cap: ₩144.0b

Operates as an IT performance management and big data platform company Korea and internationally.

Profile Systems & Software

Market Cap: €183.9m

Develops software solutions for the banking and investment management industry in Europe, the Middle East, Asia, Africa, and the United States.

m-up holdings

Market Cap: JP¥87.0b

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

Micro Systemation

Market Cap: SEK 1.1b

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

Zaggle Prepaid Ocean Services

Market Cap: ₹53.0b

Zaggle Prepaid Ocean Services Limited builds financial products and solutions to manage the business expenses of corporates, small and medium-sized enterprises, and startups through automated workflows.

Nucleus Software Exports

Market Cap: ₹26.7b

Provides lending and transaction banking products to the financial services industry in India, the Far East, South East Asia, Europe, the Middle East, Africa, Australia, and internationally.

Guomai Technologies

Market Cap: CN¥12.9b

Provides internet of things technology services, internet of things consulting and design services, internet of things science park operation and development services, and education services in China.

Business Engineering

Market Cap: JP¥74.4b

Plans, develops, sells, and leases information and communications systems worldwide.

Mamezo Digital Holdings

Market Cap: JP¥27.5b

Provides IT solutions in Japan.

Gstarsoft

Market Cap: CN¥3.7b

Engages in the research, development, design, and sale of industrial software in China and internationally.

Genians

Market Cap: ₩167.5b

Provides network access control (NAC) solutions for securing various endpoints in organizations worldwide.

WM Technology

Market Cap: US$201.8m

An online cannabis marketplace, provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally.

Avant Group

Market Cap: JP¥55.6b

Through its subsidiaries, provides accounting, business intelligence, and outsourcing services.

System Support Holdings

Market Cap: JP¥29.9b

Provides various information technology (IT) services in Japan and internationally.

Fixstars

Market Cap: JP¥59.6b

Operates as a software company in Japan and internationally.

BrainPad

Market Cap: JP¥26.7b

Provides prediction/analytics, system integration, and digital marketing services in Japan.

One Software Technologies

Market Cap: ₪5.8b

Provides software, hardware, and integration services.

Bouvet

Market Cap: NOK 7.1b

Provides IT and digital communication consultancy services for public and private sectors in Norway, Sweden, and internationally.

Unicommerce eSolutions

Market Cap: ₹13.7b

Provides a suite of software-as-a-service products in India and internationally.

SYS-DAT

Market Cap: €197.7m

Operates as an information and communication technology company in Italy and internationally.

Magic Software Enterprises

Market Cap: US$997.5m

Provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud-based services worldwide.

Netbay

Market Cap: ฿4.8b

Engages in the provision of Software as a Service (SaaS) for online electronic transactions between business-to-government, business-to-business, and business-to-consumer groups in Thailand.