Swedish Software Potentially Undervalued Companies

Knowit

Market Cap: SEK 2.4b

Operates as a consultancy company in Sweden and internationally.

Vitec Software Group

Market Cap: SEK 8.5b

Develops and delivers vertical software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally.

CombinedX

Market Cap: SEK 617.5m

Operates as an IT consulting company in Sweden and internationally.

Enea

Market Cap: SEK 1.0b

Provides software products for telecom and cybersecurity industries worldwide.

Cint Group

Market Cap: SEK 2.1b

Operates as a research and measurement technology in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Prevas

Market Cap: SEK 869.8m

Provides technical solutions in Sweden, Denmark, Finland, and internationally.

Addnode Group

Market Cap: SEK 4.9b

Offers software and services for the design, construction, product data information, project collaboration, and facility management in Sweden, Nordic countries, the United States, the United Kingdom, Germany, and internationally.

InfraCom Group

Market Cap: SEK 600.8m

Provides IT security, office IT, telephony, and server as a service solutions in Sweden.

CAG Group

Market Cap: SEK 709.4m

Operates as an IT consulting company in Sweden.

White Pearl Technology Group

Market Cap: SEK 484.7m

Engages in selling various technology solutions and products in Sweden, Africa, the Middle East, Asia, and Latin America.

Exsitec Holding

Market Cap: SEK 1.4b

Provides digital solutions to medium-sized companies in Sweden, Norway, Denmark, and Finland.

Kentima Holding

Market Cap: SEK 75.2m

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

Generic Sweden

Market Cap: SEK 463.4m

A technology company, provides messaging services for all applications.

Octave Intelligence

Market Cap: SEK 4.4b

Provides various software solutions.

Avensia

Market Cap: SEK 230.2m

Provides e-commerce, omnichannel, customer experience, and information management solutions in Sweden, Norway, the United States, the United Kingdom, Switzerland, France, and internationally.

Dlaboratory Sweden

Market Cap: SEK 39.7m

A SaaS company, provides inspection services for the energy sector in Sweden.

Truecaller

Market Cap: SEK 5.2b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

Tieto Oyj

Market Cap: SEK 2.0b

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

4C Group

Market Cap: SEK 298.5m

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

Oneflow

Market Cap: SEK 508.2m

A software company, develops, sells, and implements digital contract management and automation systems in Sweden, Norway and Finland, United Kingdom, France and the Netherlands, and internationally.

Proact IT Group

Market Cap: SEK 3.0b

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

Curira

Market Cap: SEK 60.3m

Curira AB provides digitalization services.

Loyal Solutions

Market Cap: SEK 66.9m

Engages in the development, implementation, and operation of SaaS loyalty solutions based on payment/card-linked technology worldwide.

4C Group

Market Cap: SEK 298.5m

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

Binero Group

Market Cap: SEK 244.4m

Develops and delivers cloud and platform services in Sweden, Norway, Denmark, and Finland.

Sleep Cycle

Market Cap: SEK 498.8m

Engages in the development of sleep analysis applications in Sweden and internationally.

Upsales Technology

Market Cap: SEK 484.9m

Operates as a software-as-a-service company that develops and sells web-based business systems with a focus on sales, marketing, and analysis in Sweden and internationally.

Micro Systemation

Market Cap: SEK 1.6b

Provides forensic technology for mobile device examination and analysis in Sweden and internationally.

Clavister Holding AB (publ.)

Market Cap: SEK 1.7b

Develops, produces, and sells cybersecurity solutions in Sweden, rest of Europe, Asia, and internationally.

Skolon

Market Cap: SEK 578.7m

A Software as a Service (SaaS) company, develops a digital platform for schools.

Provide IT Sweden

Market Cap: SEK 14.8m

Provide IT Sweden AB (publ), a digital production agency, develops Web and mobile applications in collaboration with advertising agencies.

Nodebis Applications

Market Cap: SEK 212.2m

Provides digital support services in Sweden and the Nordic region.

Softronic

Market Cap: SEK 1.2b

Provides information technology and management consulting services in Sweden.

SmartCraft Group

Market Cap: SEK 2.5b

Provides software solutions to the construction industry in Norway, Sweden, Finland, and the United Kingdom.

Teneo AI

Market Cap: SEK 41.9m

Provides Al-powered and automated d voice phone calls conversations solutions through its Teneo platform in Europe, the United States, and internationally.

Arribatec Group

Market Cap: NOK 366.8m

A software and consulting company, provides digital business solutions in Norway, Europe, the Americas, and internationally.