Global Software Potentially Undervalued Companies

Inspur Digital Enterprise Technology

Market Cap: HK$7.8b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Hansen Technologies

Market Cap: AU$1.1b

Engages in the development, integration, and support of billing and customer information systems.

Future

Market Cap: JP¥171.1b

Provides IT consulting and services primarily in Japan.

Econocom Group

Market Cap: €267.3m

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

q.beyond

Market Cap: €87.0m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Mitek Systems

Market Cap: US$417.2m

Provides mobile image capture and digital identity verification solutions worldwide.

Global Dominion Access

Market Cap: €494.9m

Provides integral services for business process efficiency and sustainability worldwide.

Sword Group

Market Cap: €338.2m

Provides IT and software solutions.

GFT Technologies

Market Cap: €462.5m

Provides digital transformation services.

q.beyond

Market Cap: €87.0m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

DUG Technology

Market Cap: AU$269.5m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Hansen Technologies

Market Cap: AU$1.1b

Engages in the development, integration, and support of billing and customer information systems.

Open Text

Market Cap: €8.3b

Designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.

PTC

Market Cap: US$20.7b

Operates as software company in the Americas, Europe, and the Asia Pacific.

ACI Worldwide

Market Cap: US$4.7b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and internationally.

IONOS Group

Market Cap: €3.6b

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

Global Dominion Access

Market Cap: €494.9m

Provides integral services for business process efficiency and sustainability worldwide.

WidePoint

Market Cap: €62.0m

Provides technology management as a service (TMaaS) to the government and business enterprises in the United States and Europe.

IONOS Group

Market Cap: €3.6b

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

Amdocs

Market Cap: €8.5b

Through its subsidiaries, provides software and services to communications, entertainment, and media service providers worldwide.

Open Text

Market Cap: CA$8.3b

Designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.

NowVertical Group

Market Cap: CA$29.3m

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

NCR Voyix

Market Cap: US$1.3b

Provides digital commerce solutions for retail stores and restaurants in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Rackspace Technology

Market Cap: US$260.6m

Operates as a cloud and artificial intelligence solutions company in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

NowVertical Group

Market Cap: US$28.4m

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

Kontron

Market Cap: €1.4b

Provides Internet of Things software and solutions in Europe and internationally.

Qt Group Oyj

Market Cap: €821.2m

Offers cross-platform solutions for the software development lifecycle in Finland, rest of Europe, the Asia Pacific, and North America.

Kontron

Market Cap: €1.4b

Provides Internet of Things software and solutions in Europe and internationally.

NCR Voyix

Market Cap: €1.3b

Provides digital commerce solutions for retail stores and restaurants in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Tracsis

Market Cap: UK£97.4m

Engages in the provision of software, hardware, data analytics and geographic information systems, and services in the United Kingdom, Ireland, rest of Europe, Europe, North America, and internationally.

Blackbaud

Market Cap: US$2.9b

Engages in the provision of cloud software and services in the United States and internationally.

Tenable Holdings

Market Cap: US$3.2b

Provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

CCC Intelligent Solutions Holdings

Market Cap: US$4.6b

Operates as a software as a service (SaaS) company for the property and casualty insurance economy in the United States and China.

Roper Technologies

Market Cap: US$48.1b

Designs and develops vertical software and technology enabled products in the United States, Canada, Europe, Asia, and internationally.

Alithya Group

Market Cap: US$168.5m

Provides information technology services and solutions through digital technologies in Canada, the United States, and internationally.

Open Text

Market Cap: US$8.2b

Designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.