Global Software Potentially Undervalued Companies

AsiaInfo Technologies

Market Cap: €3.9b

An investment holding company, offers telecom software products and related services in the People’s Republic of China.

Witbe

Market Cap: €15.2m

Designs and markets network monitoring products in France, Europe, the Middle East, Africa, America, and Asia.

F-Secure Oyj

Market Cap: €353.8m

Operates as a cybersecurity company in Finland and internationally.

Qualys

Market Cap: US$6.5b

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

BII Railway Transportation Technology Holdings

Market Cap: HK$442.5m

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

Appen

Market Cap: AU$373.2m

Operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally.

Beijing Advanced Digital Technology

Market Cap: CN¥4.1b

Provides IT solutions and services to financial institutions in China.

Gloo Holdings

Market Cap: US$266.9m

Designs and develops a vertical technology platform for the faith and flourishing ecosystem.

Alfa Financial Software Holdings

Market Cap: €498.3m

Through its subsidiaries, provides software and related services to the auto and equipment finance industry in the United Kingdom, North Americas, Europe, Africa, Australasia and internationally.

Redelfi

Market Cap: €119.6m

Operates as an ESG management company in Italy, the United States, and Switzerland.

UiPath

Market Cap: €8.1b

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.

Top Group Software

Market Cap: ₪218.2m

Develops and markets software products in Israel and internationally.

Altitude Group

Market Cap: UK£16.5m

Provides end-to-end solutions for branded merchandise in corporate promotional products industry, print vertical markets, and the higher-education sector in North America, the United Kingdom, and Europe.

Dropbox

Market Cap: €7.4b

Provides a content collaboration platform in the United States and internationally.

Sopra Steria Group

Market Cap: €3.6b

Provides consulting, digital, and software development services in France and internationally.

Bango

Market Cap: UK£48.5m

Develops, markets, and sells technology that enables the marketing and sale of products and services to mobile phone users.

i3 Verticals

Market Cap: US$424.8m

Provides enterprise software and services solutions to public sector entities in the United States and Canada.

Bentley Systems

Market Cap: €10.7b

Provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Cirata

Market Cap: US$21.4m

Engages in the development and provision of collaboration software in North America, the United Kingdom, and internationally.

First Point

Market Cap: €5.5m

Designs, develops, and manages IT and telecommunications solutions in Italy.

Life360

Market Cap: €5.1b

Operates a technology platform to locate people, pets, and things in North America, Europe, the Middle East, Africa, and internationally.

Gigas Hosting

Market Cap: €40.6m

Engages in the provision and marketing of cloud computing, infrastructure-as-a-service, and telecommunications services.

Aubay Société Anonyme

Market Cap: €723.3m

Provides application services in Belgium, Luxembourg, Spain, Portugal, Italy, France, and the United Kingdom.

BILL Holdings

Market Cap: €4.9b

Provides financial operations platform for small and midsize businesses worldwide.

NamSys

Market Cap: €32.0m

Provides software solutions for currency management and processing for the banking and merchant industries in North America.

International Business Machines

Market Cap: €219.2b

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

Future

Market Cap: €217.0b

Provides IT consulting and services primarily in Japan.

Banqup Group

Market Cap: €83.2m

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

Bytes Technology Group

Market Cap: UK£976.6m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Alten

Market Cap: €2.6b

Operates as an engineering and technology consultancy company in France, North America, Germany, Scandinavia, Benelux, Iberian, Italy, the United Kingdom, the Asia-Pacific, Switzerland, Eastern Europe, and internationally.

cBrain

Market Cap: DKK 1.1b

A software company, provides software solutions for government, private, education, and non-profit sectors in Denmark, the European Union, and internationally.

Beisen Holding

Market Cap: €2.3b

An investment holding company, provides cloud-based human capital management (HCM) solutions in the People’s Republic of China.

SNP Schneider-Neureither & Partner

Market Cap: €597.7m

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

Dassault Systèmes

Market Cap: €29.4b

Provides software solutions and services worldwide.

Telos

Market Cap: US$328.8m

Provides cyber, cloud, and enterprise security solutions in the United States and internationally.

Adobe

Market Cap: €108.3b

Operates as a technology company worldwide.