Germany Software Potentially Undervalued Companies

UMT United Mobility Technology AG in the development and implementation of individual mobile payment and block chain solutions in Europe.

UMT United Mobility Technology AG in the development and implementation of individual mobile payment and block chain solutions in Europe.

Cliq Digital AG provides a range of digital products to consumers worldwide.

Cliq Digital AG provides a range of digital products to consumers worldwide.

Techedge S.p.A. provides business solutions and services worldwide.

Techedge S.p.A. provides business solutions and services worldwide.

Sinosoft Technology Group Limited, an investment holding company, primarily provides software development and system integration services in the People's Republic of China.

Ebix, Inc. provides software and e-commerce solutions to insurance, finance, healthcare, and e-learning industries.

Inspur International Limited, an investment holding company, provides software development, cloud, and Internet of Things (IoT) services in the People’s Republic of China.

CSE Global Limited, an investment holding company, provides integrated industrial automation, information technology, and intelligent transport solutions in the Asia Pacific, the Americas, Europe, and the Middle East.

Qiwi plc, together with its subsidiaries, operates electronic online payment systems primarily in the Russia, Kazakhstan, Moldova, Belarus, Romania, the United Arab Emirates, and internationally.

CENIT Aktiengesellschaft operates as an IT software and consulting firm for business processes and financial service providers.

CENIT Aktiengesellschaft operates as an IT software and consulting firm for business processes and financial service providers.

Ordina N.V. provides IT services in the Netherlands, Belgium, and Luxembourg.

Linedata Services S.A. provides technology solutions for asset management and credit industries in France and internationally.

Asseco Poland S.A. develops and produces software products.