German Software Potentially Undervalued Companies

Econocom Group

Market Cap: €240.9m

Designs and develops digital solutions for public and private companies in Belgium and internationally.

InfraCom Group

Market Cap: €590.4m

Provides IT security, office IT, telephony, and server as a service solutions in Sweden.

Prologue

Market Cap: €28.0m

A technology company, provides software publishing and IT services for large and medium-sized businesses in France, Spain, the United States, and Latin America.

Adobe

Market Cap: €105.4b

Operates as a technology company worldwide.

Check Point Software Technologies

Market Cap: €13.1b

Develops, markets, and supports a range of products and services for IT security worldwide.

74Software

Market Cap: €1.1b

Operates as a software company in France.

Xunlei

Market Cap: €325.9m

Operates an internet platform for digital media content in the People's Republic of China.

Aplicaciones y Tratamiento de Sistemas

Market Cap: €199.1m

Aplicaciones y Tratamiento de Sistemas, S.A.

Solid World Group

Market Cap: €6.2m

Provides 3D technologies in Italy.

Dassault Systèmes

Market Cap: €29.5b

Provides software solutions and services worldwide.

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.

KPS

Market Cap: €8.6m

Provides business transformation consulting and process optimization services for the retail and consumer goods sectors in Germany, Scandinavia, the United Kingdom, Switzerland, Benelux, Spain, and internationally.

Tiny

Market Cap: €197.7m

A venture capital and private equity firm specializing in buyouts.

Swissnet

Market Cap: €16.8m

Offers digital and information and communication technology solutions in Switzerland, Germany, Austria, rest of Europe, and rest of the world.

Similarweb

Market Cap: €657.9m

Provides digital data and analytics for power critical business decisions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally.

Amplitude

Market Cap: €1.4b

Provides an AI analytics platform that helps analyze customer behavior within digital products in the United States and internationally.

NorCom Information Technology GmbH KGaA

Market Cap: €2.9m

Develops and implements big data and AI solutions in Germany and internationally.

4iG Nyrt

Market Cap: €496.3b

Engages in the telecommunication and information technology (IT) businesses in Hungary and the Western Balkans.

SmartCraft Group

Market Cap: €2.3b

Provides software solutions to the construction industry in Norway, Sweden, Finland, and the United Kingdom.

DIGITAL HEARTS HOLDINGS

Market Cap: €20.1b

Engages in debugging, media, and other businesses.

74Software

Market Cap: €1.1b

Operates as a software company in France.

Figma

Market Cap: €12.4b

Develops and sells a collaborative, browser-based platform for designing, prototyping, building digital experiences, and subscriptions for access to its platform.

Fujitsu

Market Cap: €6.4t

Provides digital services in Japan, Europe, the United States, the Asia Pacific, East Asia, and internationally.

Pegasystems

Market Cap: €5.4b

Develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.

Oracle

Market Cap: €423.5b

Offers products and services that build, run and support enterprise information technology frameworks worldwide.

Spir Group

Market Cap: €99.2m

Provides software solutions in Norway, Sweden, and internationally.

Amplitude

Market Cap: €1.3b

Provides an AI analytics platform that helps analyze customer behavior within digital products in the United States and internationally.

Freshworks

Market Cap: €3.1b

A software development company, provides software-as-a-service products in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

FINEOS Corporation Holdings

Market Cap: €682.8m

Engages in the development and sale of enterprise claims and policy management software for life, accident and health insurers, and employee benefits providers in North America, the Asia Pacific, Europe, the Middle East, and Africa.

Shearwater Group

Market Cap: €14.7m

Provides cyber security, managed security, and professional advisory solutions for corporate clients in the United Kingdom, rest of Europe, North America, and internationally.

Vertex

Market Cap: €1.9b

Provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally.

Dlaboratory Sweden

Market Cap: €40.0m

A SaaS company, provides inspection services for the energy sector in Sweden.

IONOS Group

Market Cap: €4.3b

Provides web presence and productivity, and cloud solutions for companies in Germany, the United States, the United Kingdom, Spain, France, Poland, and Austria.

CLPS Incorporation

Market Cap: €25.7m

Through its subsidiaries, provides information technology services and solutions in Mainland China, Singapore, Hong Kong, the United States, Japan, India, and internationally.

Progress Software

Market Cap: €1.8b

Provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally.

International Business Machines

Market Cap: €219.9b

Provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.