Global Software Potentially Undervalued Companies

Viant Technology

Market Cap: €825.0m

Operates a cloud-based demand side platform (DSP) that enables the programmatic purchase of digital advertising across multiple channels, including connected TV (CTV), streaming audio, digital out-of-home, mobile, and desktop.

Arteris

Market Cap: €1.2b

Provides semiconductor system intellectual property (IP) solutions in the United States, rest of the Americas, China, Korea, the rest of the Asia Pacific, Europe, and the Middle East.

Sopra Steria Group

Market Cap: €3.5b

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

WhiteFiber

Market Cap: US$822.0m

Provides artificial intelligence (AI) infrastructure solutions.

Topicus.com

Market Cap: CA$8.5b

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

SAP

Market Cap: Ft217.1b

Provides enterprise application and business solutions worldwide.

ISA Holdings

Market Cap: R358.8m

An investment holding company, provides network, internet, and information security solutions to the sub-Saharan Africa market.

Wherrelz IT Solutions

Market Cap: ₹58.0m

Provides business process automation solutions in India.

Tieto Oyj

Market Cap: €2.2b

Operates as a software and digital engineering company in Norway, Sweden, Finland, and internationally.

SAP

Market Cap: €217.1b

Provides enterprise application and business solutions worldwide.

Appian

Market Cap: US$2.7b

Operates as a software company in the United States, Australia, Canada, France, Germany, India, Italy, Japan, Mexico, the Netherlands, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and internationally.

Synopsys

Market Cap: US$76.2b

Provides design IP solutions in the semiconductor and electronics industries.

Pegasystems

Market Cap: US$5.5b

Develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.

SAP

Market Cap: €217.1b

Provides enterprise application and business solutions worldwide.

Netcompany Group

Market Cap: DKK 14.3b

Engages in the provision of IT solutions to private and public customers in Denmark, Norway, the United Kingdom, the Netherlands, Greece, Belgium, Luxembourg, and internationally.

Tata Consultancy Services

Market Cap: ₹8.3t

Provides information technology (IT) and IT enabled services.

Mensch und Maschine Software

Market Cap: €609.2m

Provides technical software and digitization solutions in computer aided design, manufacturing and engineering, product data and lifecycle management, and building information modeling and management areas.

Softlab

Market Cap: €18.4m

Provides business advisory and ICT consulting services in Italy, European countries, the United States, and internationally.

Kentima Holding

Market Cap: €82.8m

Develops, manufactures, and sells software and hardware products for the automation and security sectors in Sweden.

Netcall

Market Cap: UK£203.0m

Engages in the design, development, sale, and support of software products and services in the United Kingdom.

ReposiTrak

Market Cap: US$145.0m

A software-as-a-service provider, operates a business-to-business, e-commerce, compliance and traceability, and supply chain management platform in North America.

Trimble

Market Cap: R$14.0b

Offers technology solutions and platform that enable office professionals and field workers to connect workflows and industry lifecycles in North America, Europe, the Asia Pacific, and internationally.

Wix.com

Market Cap: Mex$3.4b

Operates a cloud-based web development platform for registered users and creators in the United States, Europe, Israel, and internationally.