Canadian Software Potentially Undervalued Companies

Alithya Group

Market Cap: CA$169.8m

Provides strategy and digital technology services in Canada, the United States, and Europe.

Dye & Durham

Market Cap: CA$640.0m

Provides cloud-based software and technology solutions for law firms, financial service institutions, sole-practitioner law firms, and government organizations in Canada, Australia, South Africa, Ireland, and the United Kingdom.

Computer Modelling Group

Market Cap: CA$659.5m

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

NTG Clarity Networks

Market Cap: CA$67.7m

Engages in the provision of network, telecom, IT, and infrastructure solutions to medium and large network service providers.

Adobe

Market Cap: CA$156.7b

Operates as a technology company worldwide.

CGI

Market Cap: CA$32.8b

Provides information technology (IT) and business process services.

Open Text

Market Cap: CA$7.0b

Engages in the provision of information management products and services.

Enghouse Systems

Market Cap: CA$1.4b

Develops enterprise software solutions worldwide.

Pivotree

Market Cap: CA$29.0m

Designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers worldwide.

Thinkific Labs

Market Cap: CA$162.0m

Engages in the development, marketing, and support management of cloud-based platform in Canada, the United States, and internationally.

Lightspeed Commerce

Market Cap: CA$2.1b

Engages in sale of cloud-based software subscriptions and payments solutions for single and multilocation retailers, restaurants, golf course operators, and other businesses in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally.

DMG Blockchain Solutions

Market Cap: CA$52.8m

Operates as a blockchain and crypto-currency company in North America.

Microsoft

Market Cap: CA$2.9t

Develops and supports software, services, devices and solutions worldwide.

NamSys

Market Cap: CA$39.2m

Provides software solutions for currency management and processing for the banking and merchant industries in North America.

NowVertical Group

Market Cap: CA$53.0m

Operates as a big data, analytics, and vertical intelligence company in the United States, Argentina, Brazil, Chile, the United Kingdom, and internationally.

Route1

Market Cap: CA$2.8m

Provides engineering and professional services using data capture technologies in the United States, Canada, and internationally.

Wishpond Technologies

Market Cap: CA$13.0m

Provides marketing focused online business solutions in the United States, Canada, and internationally.

Adcore

Market Cap: CA$16.3m

An advertising technology company, provides smart algorithm-powered automation tools and reporting and analytics to digital advertisers worldwide.

Intouch Insight

Market Cap: CA$11.5m

Provides customer experience management products and software solutions in Canada, the United States, and internationally.

Salesforce

Market Cap: CA$257.4b

Provides customer relationship management (CRM) technology that connects companies and customers together worldwide.

Docebo

Market Cap: CA$1.3b

Develops and provides a learning management platform for training in North America and internationally.

LifeSpeak

Market Cap: CA$18.3m

Provides software-as-a-service platform for digital mental, physical, and wellbeing resources in Canada and the United States.

Acceleware

Market Cap: CA$9.5m

Operates as an oil and gas technology company in Canada and the United States.

Bitfarms

Market Cap: CA$802.8m

Operates integrated bitcoin data centers in Canada, the United States, Paraguay, and Argentina.

Quorum Information Technologies

Market Cap: CA$68.4m

An information technology company, focuses on the automotive retail business in Canada and the United States.

Bitcoin Well

Market Cap: CA$28.6m

Provides bitcoin and other cryptocurrency services in Canada.

Zoomd Technologies

Market Cap: CA$51.6m

Operates as a marketing technology user-acquisition and engagement platform worldwide.

Palo Alto Networks

Market Cap: CA$118.5b

Provides cybersecurity solutions worldwide.

Abaxx Technologies

Market Cap: CA$218.0m

Engages in developing software tools which enable commodity traders and finance professionals to communicate, trade, and transact in Canada.

Shopify

Market Cap: CA$125.8b

A commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Intermap Technologies

Market Cap: CA$130.7m

A geospatial intelligence company, provides various geospatial solutions and analytics in the United States, Canada, the Asia Pacific, and Europe.

Oracle

Market Cap: CA$388.4b

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

International Business Machines

Market Cap: CA$211.4b

Provides integrated solutions and services in the United States, Europe, the Middle East, Africa, Asia Pacific, and internationally.

BlackBerry

Market Cap: CA$2.8b

Provides intelligent security software and services to enterprises and governments worldwide.

Tribe Property Technologies

Market Cap: CA$20.5m

Provides technology-enabled property management services.