Global Software Potentially Undervalued Companies

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.

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.

Skillcast Group

Market Cap: €39.5m

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

Dassault Systèmes

Market Cap: €30.0b

Provides software solutions and services worldwide.

Tieto Oyj

Market Cap: €2.2b

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

Business Engineering

Market Cap: €83.6b

Designs, develops, and implements corporate information systems using ERP package products developed by other companies in Japan.

SentinelOne

Market Cap: €7.3b

Operates as a cybersecurity provider in the United States and internationally.

SAP

Market Cap: €216.7b

Provides enterprise application and business solutions worldwide.

adesso

Market Cap: €379.9m

Provides IT services in Germany, Austria, Switzerland, and internationally.

Aubay Société Anonyme

Market Cap: €720.8m

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

cBrain

Market Cap: DKK 1.5b

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

Oracle

Market Cap: US$421.9b

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

Neurones

Market Cap: €878.3m

Provides infrastructure, application, and consulting services in France and internationally.

DUG Technology

Market Cap: €257.4m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

SHIFT

Market Cap: €248.1b

Provides software quality assurance and testing solutions in Japan.

Cellebrite DI

Market Cap: €2.8b

Develops software and services for legally sanctioned investigations in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Kinaxis

Market Cap: CA$4.9b

Provides cloud-based subscription software-as-a-service for supply chain operations in the United States, Europe, Asia, and Canada.

Smartiks Yazilim

Market Cap: ₺788.9m

Provides business solutions, software development, and consultancy services in Türkiye.

i3 Verticals

Market Cap: €439.1m

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

GetBusy

Market Cap: €35.5m

A SaaS company, provides productivity software for professional and financial services in the United Kingdom, the United States, Australia, and New Zealand.

Domo

Market Cap: US$171.6m

Operates a cloud-based modern AI and data products platform in North America, Western Europe, Australia, Japan, and India.

Lumine Group

Market Cap: CA$6.2b

Develops, installs, and customizes software, and related professional and support services worldwide.

Boost Run

Market Cap: US$1.6b

Provides artificial intelligence cloud infrastructure and high-performance computing solutions.

Hitit Bilgisayar Hizmetleri

Market Cap: ₺11.1b

Develops and sells airline and travel technology solutions under the Crane brand in Turkey and internationally.

Bentley Systems

Market Cap: €11.5b

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

Zeta Global Holdings

Market Cap: R$7.1b

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

Globesecure Technologies

Market Cap: ₹221.6m

Provides cybersecurity, integrated enterprise, and managed service solutions in India.

Coheris

Market Cap: €58.6m

Provides customer relationship management (CRM) and analytical solutions in France and internationally.

Witbe

Market Cap: €14.6m

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

Octave Intelligence

Market Cap: SEK 4.9b

Provides various software solutions.

Exodus Movement

Market Cap: US$226.5m

Operates as a financial technology for blockchain and digital asset industry in the United States.

Lime Technologies

Market Cap: SEK 3.3b

Lime Technologies AB (publ) software as a service (SaaS) based customer relationship management (CRM) solutions in the Nordic region.

Bit Digital

Market Cap: €551.6m

Engages in the institutional grade ethereum treasury and staking business.

BILL Holdings

Market Cap: €4.1b

Provides financial operations platform for small and midsize businesses worldwide.

Gloo Holdings

Market Cap: US$306.5m

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

RingCentral

Market Cap: US$5.6b

An agentic voice AI–powered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging.