Global Software Potentially Undervalued Companies

Proact IT Group

Market Cap: SEK 2.6b

Provides data and information management services with cloud services and data center solutions in Sweden, the United Kingdom, the Netherlands, Germany, and internationally.

WM Technology

Market Cap: €163.3m

An online cannabis marketplace, provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally.

dotdigital Group

Market Cap: UK£224.0m

Engages in the provision of intuitive software as a service (SaaS) and managed services to digital marketing professionals worldwide.

Nextedia

Market Cap: €18.2m

Provides cybersecurity, cloud and digital workspace, and customer experience solutions in France.

Netcompany Group

Market Cap: DKK 11.8b

Provides business critical IT solutions to private and public customers in Denmark, Norway, the United Kingdom, the Netherlands, Greece, Belgium, Luxembourg, and internationally.

Akamai Technologies

Market Cap: US$11.8b

Engages in the provision of security, delivery, and cloud computing solutions in the United States and internationally.

Iress

Market Cap: €1.4b

Engages in the designing and developing software and services for the financial services industry in the Asia Pacific, the United Kingdom and Europe, Africa, and North America.

Digia Oyj

Market Cap: €197.5m

Operates as a software and service company in Finland, Sweden, and internationally.

CGI

Market Cap: US$30.8b

Provides information technology (IT) and business process services.

Tiny

Market Cap: US$213.2m

A venture capital and private equity firm specializing in buyouts.

Alarm.com Holdings

Market Cap: US$2.8b

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

DMG Blockchain Solutions

Market Cap: US$67.1m

Operates as a blockchain and crypto-currency company in North America.

Webstep

Market Cap: NOK 652.2m

Provides information technology (IT) consultancy services to public and private businesses in Norway and Sweden.

CI&T

Market Cap: US$730.2m

Provides strategy, design, and software engineering services worldwide.

Dropbox

Market Cap: US$7.8b

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

q.beyond

Market Cap: €121.6m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

PSI Software

Market Cap: €450.7m

Develops and integrates software solutions and products for optimizing the flow of energy and materials for utilities and industry worldwide.

Veritone

Market Cap: €126.9m

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

Adobe

Market Cap: US$157.3b

Operates as a technology company worldwide.

Sword Group

Market Cap: €354.8m

Provides IT and software solutions worldwide.

Enghouse Systems

Market Cap: €1.3b

Develops enterprise software solutions worldwide.

OneSpan

Market Cap: €576.3m

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.

Text

Market Cap: zł1.5b

Develops and distributes online text communication software for businesses worldwide.

Atos

Market Cap: US$546.3m

Provides digital transformation solutions and services in France and internationally.

Aptitude Software Group

Market Cap: UK£167.7m

Provides financial management software in the United Kingdom and internationally.

Prevas

Market Cap: SEK 1.0b

Provides technical consultancy services in Sweden, Denmark, Finland, and internationally.

Reckon

Market Cap: €61.2m

Provides software solutions in Australia, New Zealand, the United States, and internationally.

Solutions 30

Market Cap: €186.4m

Provides support solutions for new digital technologies in Benelux, France, Spain, Italy, Germany, Portugal, Poland, and the United Kingdom.

DMG Blockchain Solutions

Market Cap: CA$67.1m

Operates as a blockchain and crypto-currency company in North America.

PSI Software

Market Cap: €450.7m

Develops and integrates software solutions and products for optimizing the flow of energy and materials for utilities and industry worldwide.

Cognizant Technology Solutions

Market Cap: US$37.8b

A professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally.

Nvni Group

Market Cap: US$38.8m

Through its subsidiaries, operates in business-to-business software as a service (SaaS) market in Brazil and Latin America.

Smith Micro Software

Market Cap: €25.3m

Develops and sells software solutions to simplify and enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa.

Inspur Digital Enterprise Technology

Market Cap: €4.8b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Praemium

Market Cap: AU$339.5m

Provides advisors and wealth management solutions by seamless digital platform experience in Australia and internationally.

Praemium

Market Cap: AU$339.5m

Provides advisors and wealth management solutions by seamless digital platform experience in Australia and internationally.