German Software Potentially Undervalued Companies

WM Technology

Market Cap: €212.1m

An online cannabis marketplace, provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally.

Box

Market Cap: €4.7b

Provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device in the United States and Japan.

Salesforce

Market Cap: €230.9b

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

Enea

Market Cap: €1.4b

Provides software products for telecom and cybersecurity industries worldwide.

DMG Blockchain Solutions

Market Cap: €65.0m

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

Turnium Technology Group

Market Cap: €13.9m

Engages in the provision of IT solutions worldwide.

Micro Focus International

Market Cap: €1.7b

Micro Focus International plc operates in the enterprise software business in the United Kingdom, the United States, Germany, Canada, France, Japan, and internationally.

SoundThinking

Market Cap: €196.6m

A public safety technology company, provides data-driven solutions and strategic advisory services for law enforcement, security teams, and civic leadership.

ENGAGE XR Holdings

Market Cap: €5.5m

Engages in the development of the educational virtual reality platform.

BILL Holdings

Market Cap: €5.2b

Provides financial operations platform for small and midsize businesses worldwide.

Future

Market Cap: €203.0b

Provides IT consulting and services primarily in Japan.

essensys

Market Cap: €12.0m

Engages in the provision of software and technology for critical software-as-a-service platforms to the flexible workspace segment of the real estate industry in North America, the United Kingdom, Europe, and the Asia-Pacific region.

Mensch und Maschine Software

Market Cap: €777.5m

Provides computer aided design, manufacturing, and engineering, product data management, and building information modeling/management solutions in Germany, Austria, Switzerland, the United Kingdom, Italy, France, Hungary, and internationally.

Youzan Technology

Market Cap: €4.8b

An investment holding company, provides online and offline e-commerce solutions in the People’s Republic of China, Japan, and Canada.

NetSol Technologies

Market Cap: €60.8m

Engages in the design, development, marketing, and export of enterprise software solutions to the automobile financing and leasing, banking, and financial services industries in the United States, North America, Europe, and Asia Pacific.

Banqup Group

Market Cap: €144.4m

A fintech company, operates and develops a cloud-based platform for administrative and financial services in Belgium and internationally.

Elastic

Market Cap: €9.2b

A search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally.

Pony AI

Market Cap: €6.1b

Through its subsidiaries, engages in the autonomous mobility business in the People’s Republic of China, the United States, and internationally.

HIVE Digital Technologies

Market Cap: €1.2b

A technology company, engages in the building and operating data centers powered by green energy in Bermuda.

8x8

Market Cap: €290.5m

Provides contact center, voice, video, chat, and enterprise-class application programmable interface (API) solutions worldwide.

Informatica

Market Cap: €7.6b

Develops an artificial intelligence-powered platform that connects, manages, and unifies data across multi-vendor, multi-cloud, and hybrid systems at enterprise scale worldwide.

ORBIS

Market Cap: €57.5m

Provides software and business consultancy services to the automotive supplies, construction supplies, electrical and electronics, mechanical and plant engineering, logistics, metal, and consumer goods and trade industries in Germany and internationally.

SPS Commerce

Market Cap: €4.0b

Provides cloud-based supply chain management solutions in the United States.

beaconsmind

Market Cap: €36.3m

Offers technology and software solutions for location-based marketing in the areas of retail in Switzerland and internationally.

Grid Dynamics Holdings

Market Cap: €640.1m

Provides technology consulting, platform and product engineering, and analytics services in North America, Europe, and internationally.

medondo holding

Market Cap: €10.7m

Provides service solutions in Germany.

Temenos

Market Cap: €4.4b

Develops, markets, and sells integrated banking software systems to banking and other financial services institutions.

Northern Data

Market Cap: €1.2b

Develops and operates high-performance computing (HPC) and artificial intelligence (AI) solutions in Europe and North America.

Dynatrace

Market Cap: €14.7b

Engages in the advancement of observability for digital businesses, which transforms the complexity of modern digital ecosystems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Northern Data

Market Cap: €1.2b

Develops and operates high-performance computing (HPC) and artificial intelligence (AI) solutions in Europe and North America.

Pebble Beach Systems Group

Market Cap: €21.2m

Designs and delivers automation, integrated channel, and virtualized playout software solutions to the broadcast and streaming service markets.

Oxford Metrics

Market Cap: €45.1m

Operates as a smart sensing and software company in the United Kingdom.

Checkin.Com Group

Market Cap: €200.2m

Develops software as a service that allow its consumers to connect with brands and services online in Sweden and internationally.

Founder Holdings

Market Cap: €920.3m

An investment holding company, engages in the sale of software, hardware and system integration in Mainland China, Hong Kong, and internationally.

Formula Systems (1985)

Market Cap: €7.0b

Through its subsidiaries, provides proprietary and non-proprietary software solutions, Information Technologies (IT) professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration.

Witted Megacorp Oyj

Market Cap: €22.7m

Operates as a software development company in Finland, Norway, and Sweden.