Global Software Potentially Undervalued Companies

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.

Atea

Market Cap: NOK 19.6b

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

Prevas

Market Cap: SEK 882.6m

Provides technical solutions in Sweden, Denmark, Finland, and internationally.

Kinatico

Market Cap: AU$58.9m

Provides screening, verification, and SaaS-based workforce management and compliance technology systems in Australia and New Zealand.

GaeaSoft

Market Cap: ₩128.5b

Operates as an IT service and digital marketing company in South Korea.

WebCash

Market Cap: ₩89.3b

Provides B2B fintech platform solutions for business.

TomTom

Market Cap: US$505.3m

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

NICE

Market Cap: US$17.5b

Provides AI-powered cloud platforms for customer engagement, and financial crime and compliance in the United States, Europe, the Middle East, Africa, and the Asia Pacific.

Hyweb Technology

Market Cap: NT$1.6b

Engages in the research and development of electronic government, library and education, and electronic payment related software technologies in China and internationally.

Kinatico

Market Cap: AU$58.9m

Provides screening, verification, and SaaS-based workforce management and compliance technology systems in Australia and New Zealand.

Avensia

Market Cap: SEK 222.7m

Provides e-commerce, omnichannel, customer experience, and information management solutions in Sweden, Norway, the United States, the United Kingdom, Switzerland, France, and internationally.

Crimson Tide

Market Cap: UK£5.8m

Provides mobility solutions and related software development services in the United Kingdom, the United States, and Ireland.

IONOS Group

Market Cap: €4.6b

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

Madkom

Market Cap: zł14.7m

Provides and integrates proprietary software for managing documents, information, and processes in public administration.

Freshworks

Market Cap: €3.4b

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

Adobe

Market Cap: Mex$109.4b

Operates as a technology company worldwide.

Freshworks

Market Cap: €3.4b

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

Intuit

Market Cap: €100.4b

Provides financial management, payments and capital, compliance, and marketing products and services in the United States.

Crimson Tide

Market Cap: €5.8m

Provides mobility solutions and related software development services in the United Kingdom, the United States, and Ireland.

Vitec Software Group

Market Cap: €10.1b

Develops and delivers vertical software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally.

SNP Schneider-Neureither & Partner

Market Cap: €607.9m

Provides software and consulting services for SAP transformations and data management.

Zoom Communications

Market Cap: €31.5b

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

Tyler Technologies

Market Cap: €14.4b

Provides integrated software and technology management solutions for the public sector in the United States.

Witted Megacorp Oyj

Market Cap: €25.0m

Develops and sells software development solutions in Finland and internationally.

WidePoint

Market Cap: €89.5m

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

Alarm.com Holdings

Market Cap: US$2.8b

Operates a platform for connected properties in North America and internationally.

Computer Direct Group

Market Cap: ₪1.1b

Engages in the computing and software business in Israel.

UiPath

Market Cap: €8.5b

Provides an automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, the United Kingdom, the Netherlands, and internationally.

RADCOM

Market Cap: US$172.7m

Provides cloud-native and 5G-ready network intelligence solutions for communication service providers (CSPs).

LiveRamp Holdings

Market Cap: €2.3b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

International Business Machines

Market Cap: €222.0b

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

Elad Software Systems

Market Cap: ₪519.8m

Provides information technology solutions and services, and consulting and management activities in Israel.

Dlaboratory Sweden

Market Cap: €51.5m

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

Riskified

Market Cap: US$779.0m

Develops and offers an e-commerce risk intelligent platform that allows online merchants to create trusted relationships with consumers in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and the Americas.

Exsitec Holding

Market Cap: SEK 1.5b

Provides digital solutions to medium-sized companies in Sweden, Norway, Denmark, and Finland.

Daiwa Computer

Market Cap: €4.4b

Engages in the software development and service integration businesses in Japan.