German Software Potentially Undervalued Companies

Gofore Oyj

Market Cap: €292.1m

Provides digital transformation consultancy services for private and public sectors in Finland and internationally.

GMO internet group

Market Cap: €366.0b

Provides various Internet services worldwide.

Zeta Global Holdings

Market Cap: €3.3b

Operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally.

Salesforce

Market Cap: €246.7b

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

CAC Holdings

Market Cap: €33.8b

Through its subsidiaries, provides information technology (IT) services in Japan and internationally.

DTS

Market Cap: €195.3b

Provides systems integration services in Japan.

Hackett Group

Market Cap: €682.0m

Operates as an intellectual property platform-based generative artificial intelligence strategic consulting and executive advisory digital transformation in the United States, Europe, and internationally.

Qlosr Group

Market Cap: €3.1m

Offers IT solutions to companies and schools in Sweden.

Qualys

Market Cap: €4.9b

Provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally.

Sylogist

Market Cap: €198.6m

A software company, provides mission-critical software-as-a-service solutions to public sector customers in Canada, the United States, the United Kingdom, and internationally.

Connexion Mobility

Market Cap: €20.9m

Develops and commercializes fleet management software for the automotive industry in Australia, the United States, Canada, and Mexico.

Avensia

Market Cap: €449.2m

Provides e-commerce solutions in Sweden.

KPS

Market Cap: €33.9m

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

Vogo

Market Cap: €18.0m

VOGO SA develops, markets, and distributes live and replay, and audio and video solutions for spectators and professionals in sports arenas.

Capgemini

Market Cap: €26.5b

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.

Intercede Group

Market Cap: €99.7m

A cybersecurity company, develops and supplies identity and credential management software for digital trust in the United Kingdom, rest of Europe, the United States, and internationally.

NAGA Group

Market Cap: €37.1m

Develops and offers fintech products and services.

Bravura Solutions

Market Cap: €968.3m

Develops, licenses, and maintains administration and management software applications for the wealth management and funds administration sectors in Australia, the United Kingdom, New Zealand, and internationally.

Solutiance

Market Cap: €11.9m

Provides software-based solutions for real estate operations.

Linedata Services

Market Cap: €378.8m

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

plenum

Market Cap: €13.8m

Engages in the provision of management consulting services to energy and mobility, financial institutions, and insurance companies in Germany, Austria, Switzerland, and the United States.

NAGA Group

Market Cap: €37.1m

Develops and offers fintech products and services.

Solutiance

Market Cap: €11.9m

Provides software-based solutions for real estate operations.

DATAGROUP

Market Cap: €508.2m

Provides information technology (IT) solutions in Germany and internationally.

Hansen Technologies

Market Cap: €972.2m

Engages in the development, integration, and support of billing systems software for the energy, utilities, communications, and media sectors.

Itera

Market Cap: €759.9m

Provides digital solutions for businesses and organizations in Norway, Sweden, Ukraine, Denmark, the Czech Republic, Iceland, Poland, and Slovakia.

TietoEVRY Oyj

Market Cap: €1.9b

Operates as a software and services company.

INTERSHOP Communications

Market Cap: €24.9m

Offers B2B ecommerce solutions in Germany and internationally.

Exasol

Market Cap: €76.0m

Develops database for analytics and data warehousing in Germany, Austria, Switzerland, Great Britain, North America, and internationally.

Asana

Market Cap: €3.3b

Operates a work management software platform for individuals, team leads, and executives in the United States and internationally.

Tracsis

Market Cap: €116.2m

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.

BII Railway Transportation Technology Holdings

Market Cap: €608.2m

An investment holding company, provides intelligent rail transit system services in the People’s Republic of China.

Zoomd Technologies

Market Cap: €132.9m

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

Truecaller

Market Cap: €12.7b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

Unity Software

Market Cap: €12.0b

Operates a platform to create and grow games and interactive experiences for mobile phones, PCs, consoles, and extended reality devices in the United States, China, Hong Kong, Taiwan, Europe, the Middle East, Africa, the Asia Pacific, Canada, and Latin America.

Twilio

Market Cap: €17.3b

Offers customer engagement platform solutions in the United States and internationally.