German Software Potentially Undervalued Companies

Capgemini

Market Cap: €21.0b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

NICE

Market Cap: €25.0b

Provides AI-powered cloud platforms for customer engagement, and financial crime and compliance worldwide.

Endava

Market Cap: €505.2m

Provides technology services in North America, Europe, the United Kingdom, and internationally.

Avensia

Market Cap: €308.9m

Provides e-commerce solutions in Sweden.

FDM Group (Holdings)

Market Cap: €135.6m

Provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific.

B+S Banksysteme

Market Cap: €13.2m

Provides software solutions for banks and financial service providers.

CGI

Market Cap: €26.2b

Provides information technology and business process services in Western and Southern Europe, the United States, Canada, Scandinavia, Northwest and Central-East Europe, the United Kingdom, Australia, Germany, Finland, Poland, Baltics, and the Asia Pacific.

A10 Networks

Market Cap: €1.2b

Provides security and infrastructure solutions in the United States, rest of the Americas, Japan, rest of the Asia Pacific, Europe, the Middle East, and Africa.

ASGN

Market Cap: €1.9b

Engages in the provision of information technology (IT) services and solutions in the technology, digital, and creative fields for commercial and government sectors in the United States, Canada, and Europe.

Cliq Digital

Market Cap: €12.3m

An online performance marketing company, sells digital products and bundled-content subscriptions to consumers in North America, Europe, Latin America, and internationally.

Bytes Technology Group

Market Cap: €844.5m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Claranova

Market Cap: €88.6m

A technology company, engages in personalized e-commerce, software publishing, and Internet of Things (IoT) management in France, the United States, the United Kingdom, Germany, other European countries, and internationally.

Bravura Solutions

Market Cap: €1.2b

Provides software solutions for the wealth management and transfer agency industries in Australia, the United Kingdom, New Zealand, and internationally.

CM.com

Market Cap: €168.8m

Provides cloud software for conversational commerce worldwide.

NowVertical Group

Market Cap: €26.9m

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

Zoomd Technologies

Market Cap: €220.6m

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

Linedata Services

Market Cap: €221.7m

Develops, publishes, and distributes financial software in Southern Europe, Northern Europe, North America, and Asia.

TeamViewer

Market Cap: €915.9m

Provides remote connectivity solutions worldwide.

Digital Value

Market Cap: €287.7m

Provides information and communication technology (ICT) solutions and services in Italy.

Zoom Communications

Market Cap: €24.4b

Provides an Artificial Intelligence-first work platform for human connection in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Tracsis

Market Cap: €90.7m

Provides software and hardware, data analytics/GIS services for the rail, traffic data, and transportation industries in the United Kingdom, Ireland, rest of Europe, Europe, North America, and internationally.

Cognyte Software

Market Cap: €615.1m

A software-led technology company, focuses on solutions for data processing and analytics worldwide.

Inuvo

Market Cap: €36.1m

An advertising technology and services company, develops and commercializes large language generative artificial intelligence that discovers and targets digital audiences in the United States.

Atos

Market Cap: €864.2m

Provides digital transformation solutions and services in France and internationally.

Dropbox

Market Cap: €8.3b

Provides a content collaboration platform in the United States and internationally.

TomTom

Market Cap: €638.3m

Develops and sells navigation and location-based products and services in Europe, the Americas, and internationally.

OneSpan

Market Cap: €465.5m

Provides digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

Exodus Movement

Market Cap: €628.5m

Operates as a financial technology for blockchain and digital asset industry in the United States.

Nextedia

Market Cap: €16.3m

Provides cybersecurity, cloud and digital workspace, and customer experience solutions in France.

TeamViewer

Market Cap: €915.9m

Provides remote connectivity solutions worldwide.

Reckon

Market Cap: €68.0m

Provides software solutions in Australia, New Zealand, the United States, and internationally.

Netgem

Market Cap: €29.3m

Develops, operates, and distributes the NetgemTV digital video entertainment platform in France and Europe.

Alarm.com Holdings

Market Cap: €2.5b

Provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally.

Digia Oyj

Market Cap: €160.7m

Operates as a software and service company in Finland, Sweden, and internationally.

Enea

Market Cap: €1.3b

Provides software products for telecom and cybersecurity industries worldwide.

Enghouse Systems

Market Cap: €1.2b

Develops enterprise software solutions worldwide.