Global Software Potentially Undervalued Companies

CI&T

Market Cap: US$569.9m

Provides strategy, design, and software engineering services worldwide.

Text

Market Cap: zł1.2b

Develops and distributes online text communication software for businesses worldwide.

q.beyond

Market Cap: €91.2m

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

Sword Group

Market Cap: €337.8m

Provides IT and software solutions.

Qt Group Oyj

Market Cap: €819.1m

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

Alithya Group

Market Cap: €166.9m

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

Opera

Market Cap: €1.2b

Provides mobile and PC web browsers and related products and services in Norway and internationally.

RingCentral

Market Cap: US$2.4b

Provides cloud business communications, contact center, video, and hybrid event solutions in North America and internationally.

Weave Communications

Market Cap: US$477.5m

Provides a customer experience and payments software platform for small and medium-sized healthcare businesses.

Future

Market Cap: €187.4b

Provides IT consulting and services primarily in Japan.

Praemium

Market Cap: AU$387.5m

Provides advisors and wealth management solutions in Australia and internationally.

Mensch und Maschine Software

Market Cap: €677.6m

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.

Rimini Street

Market Cap: €353.2m

Provides enterprise software products, services, and support.

Lectra

Market Cap: €857.1m

Provides industrial intelligence solutions for fashion, automotive, furniture markets, and other industries in Europe, the Americas, the Asia Pacific, and internationally.

Capgemini

Market Cap: US$22.7b

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.

Praemium

Market Cap: AU$387.5m

Provides advisors and wealth management solutions in Australia and internationally.

GFT Technologies

Market Cap: €469.3m

Provides digital transformation services.

accesso Technology Group

Market Cap: UK£129.3m

Develops technology solutions for the attractions and leisure industry.

Amdocs

Market Cap: US$8.6b

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

dotdigital Group

Market Cap: UK£208.0m

Engages in the provision of intuitive software as a service (SaaS) and managed services to digital marketing professionals worldwide.

Upland Software

Market Cap: US$52.9m

Provides cloud-based software applications under the Upland brand name in the United States, the United Kingdom, Canada, and internationally.

WidePoint

Market Cap: US$58.6m

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

Tecnotree Oyj

Market Cap: €159.2m

Provides telecommunication IT solutions for charging, billing, customer care, and messaging and content services in Europe, the Americas, the Middle East, Africa, and the Asia Pacific.

74Software

Market Cap: €1.0b

Operates as a software company in France.

Pulsar Group

Market Cap: UK£46.8m

Provides software-as-a-service products and services to consumer brands and blue-chip enterprises, marketing agencies, and public sector organizations.

Enghouse Systems

Market Cap: US$1.1b

Develops enterprise software solutions worldwide.

Future

Market Cap: JP¥187.4b

Provides IT consulting and services primarily in Japan.

Smith Micro Software

Market Cap: US$13.3m

Develops and sells software solutions to simplify and enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa.

Mitek Systems

Market Cap: US$409.5m

Provides mobile image capture and digital identity verification solutions worldwide.

SoundThinking

Market Cap: €89.0m

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

jig.jp

Market Cap: JP¥10.8b

Engages in the planning, development, and provision of mobile software in Japan.

Amplitude

Market Cap: €1.4b

Provides a digital analytics platform that analyzes customer behavior in the United States and internationally.

NCD

Market Cap: JP¥20.6b

Engages in the system development, support and service, and parking system businesses in Japan.

Bouvet

Market Cap: €5.8b

Provides IT and digital communication consultancy services for public and private sectors in Norway, Sweden, and internationally.

Thinkific Labs

Market Cap: €127.4m

Engages in the development, marketing, and support management of cloud-based platform in Canada, the United States, and internationally.

Tiny

Market Cap: €255.9m

A venture capital and private equity firm specializing in buyouts.