Global Software Potentially Undervalued Companies

OneSpan

Market Cap: US$602.9m

Designs, develops, and markets digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

CGI

Market Cap: CA$30.6b

Provides information technology (IT) and business process services.

Sleep Cycle

Market Cap: SEK 618.5m

Engages in providing sleep tracking applications in Sweden.

Amdocs

Market Cap: €9.8b

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

TomTom

Market Cap: €613.8m

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

GoDaddy

Market Cap: US$23.9b

Engages in the design and development of cloud-based products in the United States and internationally.

CSE Global

Market Cap: €447.3m

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.

ENGAGE XR Holdings

Market Cap: UK£5.2m

Engages in the development of the educational virtual reality platform.

Synchronoss Technologies

Market Cap: US$81.6m

Provides white label cloud software and services in North America, Europe, the Middle East, Africa, and the Asia Pacific.

JapaniaceLtd

Market Cap: JP¥8.6b

Engages in the advanced engineering business in Japan.

Kaltura

Market Cap: US$275.0m

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.

Beijing Ultrapower Software

Market Cap: CN¥25.3b

Provides software and information technology solutions in China, Hong Kong, Macao, Taiwan, and internationally.

Asana

Market Cap: US$3.3b

Operates a work management software platform for individuals, team leads, and executives in the United States and internationally.

Elastic

Market Cap: US$8.9b

A search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally.

Synchronoss Technologies

Market Cap: €81.6m

Provides white label cloud software and services in North America, Europe, the Middle East, Africa, and the Asia Pacific.

SpringBig Holdings

Market Cap: US$2.3m

Develops and operates a software platform that provides marketing and customer engagement services to cannabis dispensaries and brands in the United States and Canada.

Enghouse Systems

Market Cap: CA$1.3b

Develops enterprise software solutions worldwide.

DXC Technology

Market Cap: Mex$2.6b

Provides information technology services and solutions in the United States, the United Kingdom, the rest of Europe, Australia, and internationally.

Alarm.com Holdings

Market Cap: US$2.7b

Provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally.

Atos

Market Cap: €525.4m

Provides digital transformation solutions and services in France and internationally.

Comture

Market Cap: JP¥54.2b

Provides cloud, digital, business, platform and operation, and digital learning solutions in Japan.

Jamf Holding

Market Cap: US$1.1b

Provides management and security solutions for Apple platforms in the Americas, Europe, the Middle East, India, Africa, and the Asia Pacific.

ReadyTech Holdings

Market Cap: AU$304.0m

Provides technology-based solutions in Australia.

Infomedia

Market Cap: AU$460.4m

A technology company, develops and supplies electronic parts catalogues, service quoting software, and e-commerce solutions for the automotive industry worldwide.

InnorulesLtd

Market Cap: ₩38.3b

Provides digital innovation solutions to corporations worldwide.

WITS

Market Cap: NT$7.1b

Provides information technology (IT) services in Taiwan, Mainland China, Japan, the United States, and internationally.

Bilot Oyj

Market Cap: €23.2m

Bilot Oyj, a software and IT service company, provides digital services and solutions in Finland.

Janison Education Group

Market Cap: AU$39.0m

Engages in online assessment software, assessment products, and assessment services in Australia, New Zealand, Asia, and internationally.

TomTom

Market Cap: €613.8m

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

Veritone

Market Cap: US$77.8m

Engages in the provision of artificial intelligence (AI) computing solutions and services in the United States, the United Kingdom, France, Australia, Israel, and India.

Salesforce

Market Cap: €246.7b

Provides customer relationship management (CRM) technology that connects companies and customers together worldwide.

CGI

Market Cap: €30.6b

Provides information technology (IT) and business process services.

A10 Networks

Market Cap: €1.3b

Provides security and infrastructure solutions in the United States, rest of the Americas, Japan, rest of the Asia Pacific, Europe, the Middle East, and Africa.

RingCentral

Market Cap: US$2.4b

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

TomTom

Market Cap: €613.8m

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

IVU Traffic Technologies

Market Cap: €345.4m

Develops, installs, maintains, and operates integrated IT solutions for buses and trains worldwide.