U.S. Software Potentially Undervalued Companies

LiveRamp Holdings

Market Cap: US$1.7b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

ACI Worldwide

Market Cap: US$4.1b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and worldwide.

SAP

Market Cap: US$174.0b

Provides enterprise application and business solutions worldwide.

Accenture

Market Cap: US$121.1b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Rackspace Technology

Market Cap: US$222.4m

Operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally.

Sage Group

Market Cap: US$7.9b

Offers technology solutions and services for small and medium businesses in North America, Europe, the United Kingdom, Ireland, Africa and Asia-Pacific.

Nagarro

Market Cap: US$572.0m

Provides digital product engineering and technology solutions in Germany, the United States of America, and internationally.

Xperi

Market Cap: US$273.8m

Operates as a media and entertainment technology company worldwide.

Alithya Group

Market Cap: US$139.8m

Provides information technology services and solutions through digital technologies in Canada, the United States, and internationally.

Blackbaud

Market Cap: US$1.8b

Engages in the providing AI-powered solutions in the United States and internationally.

Computer Modelling Group

Market Cap: US$351.9m

A software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services.

Cerence

Market Cap: US$341.7m

Provides AI-powered assistants for the mobility/transportation market in the United States, the rest of the Americas, Germany, the rest of Europe, the Middle East, Africa, Japan, and the rest of the Asia-Pacific.

Viant Technology

Market Cap: US$693.1m

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.

Cognyte Software

Market Cap: US$643.8m

A software-driven technology company, focuses on investigative analytics solutions worldwide.

Roper Technologies

Market Cap: US$36.9b

Designs and develops vertical software and technology enabled products in the United States, Canada, Europe, Asia, and internationally.

Opera

Market Cap: US$1.4b

Provides mobile and PC web browsers and related products and services in Ireland, Singapore, the United States, and internationally.

Cognizant Technology Solutions

Market Cap: US$29.4b

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

CGI

Market Cap: US$21.5b

Provides information technology and business process services in Western and Southern Europe, the United States, Canada, Scandinavia, Northwest and Central-East Europe, the United Kingdom, Australia, Germany, Finland, Poland, Baltics, and the Asia Pacific.

Exodus Movement

Market Cap: US$189.0m

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

Weave Communications

Market Cap: US$401.9m

Operates an AI-powered patient communications, engagement, and payments platform for small and medium-sized healthcare businesses.

WidePoint

Market Cap: US$47.4m

Provides technology management as a service (TMaaS) to the government and business enterprises in the United States and Europe.

Amdocs

Market Cap: US$7.1b

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

Qualys

Market Cap: US$3.1b

Provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally.

DocuSign

Market Cap: US$9.2b

Provides electronic signature solution in the United States and internationally.

Smith Micro Software

Market Cap: US$18.5m

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.

Enghouse Systems

Market Cap: US$903.9m

Develops enterprise software solutions worldwide.

Appian

Market Cap: US$1.8b

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.

Pagaya Technologies

Market Cap: US$1.0b

A product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services, their customers, and institutional or sophisticated investors in the United States, Israel, and the Cayman Islands.

PTC

Market Cap: US$17.1b

Operates as software company in the Americas, Europe, and the Asia Pacific.

Sage Group

Market Cap: US$7.9b

Offers technology solutions and services for small and medium businesses in North America, Europe, the United Kingdom, Ireland, Africa and Asia-Pacific.

Similarweb

Market Cap: US$232.2m

Provides digital data and analytics for power critical business decisions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally.

Roadzen

Market Cap: US$85.3m

Operates an Insurtech company in India, the United States, the United Kingdom, and Europe.

Gen Digital

Market Cap: US$11.6b

Engages in the provision of cyber safety solutions for individuals, families, and small businesses.

SoundThinking

Market Cap: US$84.8m

A public safety technology company, provides data-driven solutions and strategic advisory services for law enforcement, security teams, and civic leadership.

Braze

Market Cap: US$2.5b

Operates a customer engagement platform that provides interactions between consumers and brands worldwide.

NTG Clarity Networks

Market Cap: US$47.8m

Provides network, telecom, IT, and infrastructure solutions to medium and large network service providers in Canada, North America, Iraq, Saudi Arabia, Egypt, and Oman.