Global Software Potentially Undervalued Companies

IRIS RegTech Solutions

Market Cap: ₹5.2b

Provides regulatory technology solutions in India, the Middle East, the Asia Pacific, Africa, the United States, Europe, and the United Kingdom.

Advanced Information Technology

Market Cap: ฿7.6b

Engages in sale, design, installation, project management, repair and maintenance, training, and turnkey for network infrastructure and information and communication technology systems in Thailand.

AR advanced technology

Market Cap: JP¥8.6b

Provides DX solutions utilizing cloud technology, data, and AI in Japan.

Longshine Technology Group

Market Cap: CN¥10.6b

Engages in software development in China and internationally.

Edensoft Holdings

Market Cap: HK$241.3m

An investment holding company, operates as an integrated IT solution and cloud and artificial intelligence (AI) services provider in the Mainland China and Hong Kong.

Phancy Group

Market Cap: HK$15.6b

An investment holding company, engages in operations of artificial intelligence (AI) platform in the People's Republic of China.

Zaggle Prepaid Ocean Services

Market Cap: ₹22.3b

Zaggle Prepaid Ocean Services Limited builds financial products and solutions to manage the business expenses of corporates, small and medium-sized enterprises, and startups through automated workflows.

Sonata Software

Market Cap: ₹85.7b

Provides information technology services and solutions in the United States, the United Kingdom, Ireland, rest of Europe, Australia, New Zealand, the Middle East, and the Asia Pacific.

Stmn

Market Cap: JP¥5.5b

Operates an engagement platform business in Japan.

Datadog

Market Cap: ฿88.8b

Operates an observability and security platform for cloud applications in the United States and internationally.

Ai-Media Technologies

Market Cap: AU$43.0m

Provides captioning, transcription, and translation products and services in Australia, New Zealand, Singapore, Malaysia, North America, and the United Kingdom.

CSE Global

Market Cap: €926.1m

An investment holding company, engages in the provision of integrated industrial automation, information technology, and intelligent transport solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Asseco Poland

Market Cap: zł18.1b

Produces and sells software products worldwide.

Appen

Market Cap: €386.7m

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

Zeta Global Holdings

Market Cap: Mex$7.2b

Operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally.

Skillcast Group

Market Cap: UK£39.5m

Provides staff compliance training services in the United Kingdom, Malta, rest of Europe, and internationally.

Kaltura

Market Cap: €250.2m

Provides various software-as-a-service (SaaS) products and solutions and a platform-as-a-service (PaaS) in the United States, Europe, the Middle East, Africa, and internationally.

SAP

Market Cap: Mex$210.8b

Provides enterprise application and business solutions worldwide.

Oracle

Market Cap: €422.4b

Offers products and services that build, run and support enterprise information technology frameworks worldwide.

Topicus.com

Market Cap: €8.4b

Provides vertical market software and vertical market platforms in the Netherlands and internationally.

Bechtle

Market Cap: €4.4b

Provides information technology (IT) services in Germany, France, Benelux, and Europe.

Serko

Market Cap: US$196.1m

Provides online travel booking and expense management services in New Zealand, Australia, the United States, Europe, and internationally.

BNR Udyog

Market Cap: ₹109.4m

Engages in the business support service, financial activities, medical transcription/information technology, and information technology enabled services businesses in India.

Adveritas

Market Cap: AU$63.9m

Provides funnel measurement, verification, and fraud prevention solutions for digital advertising in North America, Latin America, Asia Pacific, Australia, Europe, and internationally.

Kaltura

Market Cap: US$250.2m

Provides various software-as-a-service (SaaS) products and solutions and a platform-as-a-service (PaaS) in the United States, Europe, the Middle East, Africa, and internationally.

FINEOS Corporation Holdings

Market Cap: €862.6m

Engages in the development and sale of enterprise claims and policy management software for life, accident and health insurers, and employee benefits providers in North America, the Asia Pacific, Europe, the Middle East, and Africa.

Sygnity

Market Cap: €1.6b

Manufactures and sells IT products and services in Poland and internationally.

Allgeier

Market Cap: €178.4m

Provides information technology (IT) solutions and software services in Germany.

DocuSign

Market Cap: US$11.4b

Provides electronic signature solution in the United States and internationally.

Materialise

Market Cap: US$392.1m

Provides additive manufacturing and medical software tools, and 3D printing services in the Americas, Europe, Africa, and the Asia-Pacific.

4C Group

Market Cap: €298.2m

Provides software solutions and expert services for organizational resilience, training, and crisis management worldwide.

Pexip Holding

Market Cap: NOK 8.1b

A video technology company, offers end-to-end video conferencing platform and digital infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Zscaler

Market Cap: €29.8b

Operates as a cloud security company worldwide.

Constellation Software

Market Cap: €63.4b

Acquires, builds, and manages vertical market software businesses to develop mission-critical software solutions for public and private sector markets.

Octave Intelligence

Market Cap: €4.8b

Provides various software solutions.

IONOS Group

Market Cap: €4.4b

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