Global Software High Return On Equity, Low Debt

VRAIN Solution

Market Cap: JP¥40.2b

Develops artificial intelligence (AI) solutions for the manufacturing industry.

eGain

Market Cap: US$198.5m

Engages in the development, license, implementation, and support of its customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific.

Info-Tech Systems

Market Cap: S$243.8m

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

Accelya Solutions India

Market Cap: ₹17.0b

Engages in the provision of software solutions to the airline, cargo, and travel industries in the Asia Pacific, the Middle East, Africa, the Americas, and Europe.

Insights Analytics Berhad

Market Cap: RM 726.0m

An investment holding company, provides water technology and intelligent asset management solutions in Malaysia.

Micro Systemation

Market Cap: SEK 1.7b

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

Toyokumo

Market Cap: JP¥25.4b

Develops and provides cloud services in Japan.

iOCO

Market Cap: R2.6b

Provides information and communications technology services in Africa, the United Kingdom, Europe, and the Middle East.

NINtec Systems

Market Cap: ₹13.6b

Provides software development services and solutions in India.

Otello

Market Cap: NOK 1.2b

Through its subsidiary, Bemobi provides mobile solutions and platforms for digital payments, customer engagement, microfinance, and digital services in Norway.

DOTSOFT

Market Cap: €99.8m

Provides information technology and communication services to the public and private sector in Greece and Europe.

FLITTO

Market Cap: ₩141.5b

Flitto Inc., an integrated platform and language data company, provides various translation services.

Premier Technology

Market Cap: ฿3.3b

Together with its subsidiary, engages in the information technology business in Thailand.

WILLs

Market Cap: JP¥14.7b

Develops and offers a shareholder management platform utilizing blockchain technology in Japan and internationally.

Triad Group

Market Cap: UK£68.7m

Provides information technology consultancy services to the public, private, and not-for-profit sectors in the United Kingdom.

ibis

Market Cap: JP¥14.5b

Operates as a mobile-savvy engineering company in Japan, the United States, and internationally.

Telelink Business Services Group AD

Market Cap: €78.1m

Engages in the provision of IT infrastructure solutions in Bulgaria and internationally.

Feedforce Group

Market Cap: JP¥13.0b

Engages in data feed, digital advertising, social media marketing, and other businesses in Japan.

Netbay

Market Cap: ฿2.7b

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.

Autocount Dotcom Berhad

Market Cap: RM 324.8m

A software development company, develops and distributes financial management software under the AutoCount brand in Malaysia, Singapore, and internationally.

Xtranet Technologies

Market Cap: ₹6.7b

Provides integrated information technology solutions.

Yappli

Market Cap: JP¥10.4b

Engages in mobile technology and internet businesses in Japan.

Exasol

Market Cap: €53.2m

A technology company, engages in the provision of an analytics engine to access and analyze a company’s data in Germany, Austria, Switzerland, Europe, the United Kingdom, and the United States.

MM Computer Systems Berhad

Market Cap: RM 249.5m

Operates as an IT solutions provider in Malaysia.

GMO Pepabo

Market Cap: JP¥9.1b

Provides internet services in Japan.

Xplus

Market Cap: zł211.0m

Offers IT software solutions in Poland, European Union, and internationally.

Itera

Market Cap: NOK 525.9m

Develops digital solutions for businesses and organizations in Norway, Sweden, Denmark, Iceland, and internationally.

Passus

Market Cap: zł197.9m

Engages in the design and implementation of specialized IT solutions in the areas of cybersecurity, network/application monitoring, and performance improvement in Poland.

Sigma Solve

Market Cap: ₹4.9b

Together with its subsidiary, Sigma Solve INC, engages in the enterprise software development business worldwide.

Generic Sweden

Market Cap: SEK 479.4m

A technology company, provides messaging services for all applications.

Hyweb Technology

Market Cap: NT$1.6b

Engages in the research and development of electronic government, library and education, and electronic payment related software technologies in China and internationally.

LSI Software

Market Cap: zł186.5m

Develops software for enterprise resource planning, retail chains, restaurants, hotels, gastronomy, sports and recreation facilities, entertainment, and cinemas.

ItcenctsLtd

Market Cap: ₩69.4b

Engages in the sale, installation, and maintenance of data communication equipment in Korea and internationally.

Pentech Holdings Berhad

Market Cap: RM 179.8m

Together with its subsidiary, engages in providing enterprise information and communications technology (ICT) products and services.

PBT Holdings

Market Cap: R686.2m

Provides consulting services to finance, insurance, medical healthcare, retail, telecommunication, and other sectors in South Africa, Europe, Australia, and the United Kingdom.

FLECT

Market Cap: JP¥6.5b

Engages in the provision of multi-cloud integration services for digital transformation in Japan.