U.S. Software Potentially Undervalued Companies

Hackett Group

Market Cap: US$284.4m

Operates as an intellectual property platform-based generative artificial intelligence strategic consulting and executive advisory digital transformation in the United States, Europe, and internationally.

PTC

Market Cap: US$15.4b

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

Xperi

Market Cap: US$383.8m

Operates as a media and entertainment technology company worldwide.

Computer Modelling Group

Market Cap: US$307.3m

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

Cognyte Software

Market Cap: US$685.5m

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

Opera

Market Cap: US$1.8b

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

Viant Technology

Market Cap: US$828.5m

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.

Tuya

Market Cap: US$1.1b

Provides artificial intelligence (AI) cloud platform services in the People’s Republic of China.

Trimble

Market Cap: US$13.9b

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.

SoundThinking

Market Cap: US$106.6m

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

Thryv Holdings

Market Cap: US$132.0m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

Sage Group

Market Cap: US$9.1b

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

Dropbox

Market Cap: US$7.8b

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

SAP

Market Cap: US$195.8b

Provides enterprise application and business solutions worldwide.

Braze

Market Cap: US$3.0b

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

Appian

Market Cap: US$2.1b

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.

Enghouse Systems

Market Cap: US$959.7m

Develops enterprise software solutions worldwide.

Smith Micro Software

Market Cap: US$14.3m

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.

LiveRamp Holdings

Market Cap: US$2.3b

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

Gen Digital

Market Cap: US$16.9b

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

NTG Clarity Networks

Market Cap: US$37.4m

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

Pagaya Technologies

Market Cap: US$1.8b

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.

EPAM Systems

Market Cap: US$5.9b

Provides digital platform engineering and software development services worldwide.

CS Disco

Market Cap: US$262.9m

Provides cloud-native and artificial intelligence-powered legal products for legal hold, legal request, ediscovery, legal document review, and case management in the United States and internationally.

Vitec Software Group

Market Cap: US$9.4b

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

Alarm.com Holdings

Market Cap: US$2.8b

Operates a platform for connected properties in North America and internationally.

Cloudastructure

Market Cap: US$3.3m

Engages in the provision of cloud-based artificial intelligence (AI) video surveillance and remote guarding service built on AI and machine learning platforms in the United States.

NCR Voyix

Market Cap: US$1.2b

Provides digital commerce solutions for retail stores and restaurants in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Teradata

Market Cap: US$3.2b

Provides an AI and knowledge platforms in the United States and internationally.

GoDaddy

Market Cap: US$11.3b

Engages in the design and development of cloud-based products in the United States and internationally.

FatPipe

Market Cap: US$98.2m

Develops application-aware, secure software-defined wide area network, secure access service edge, and network monitoring service (NMS) software solutions in the United States, India, and internationally.

Commerce.com

Market Cap: US$269.0m

Provides artificial intelligence-driven commerce ecosystem in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Endava

Market Cap: US$162.8m

Provides technology services in North America, Europe, the United Kingdom, and internationally.

Trend Micro

Market Cap: US$839.2b

Develops and sells security-related software for computers and the internet in Japan, the Americas, Europe, and the Asia Pacific.

Asana

Market Cap: US$2.0b

Operates a work management software platform for individuals, team leads, and executives in the United States and internationally.

PagerDuty

Market Cap: US$870.7m

Engages in the operation of a digital operations management platform in the United States and internationally.