U.S. Software Potentially Undervalued Companies

PTC

Market Cap: US$13.9b

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

Xperi

Market Cap: US$367.3m

Operates as a media and entertainment technology company worldwide.

Workiva

Market Cap: US$3.1b

Provides cloud-based reporting solutions in the United States and internationally.

Zoom Communications

Market Cap: US$26.3b

Provides an Artificial Intelligence-first open work platform for human connection in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Pegasystems

Market Cap: US$5.2b

Develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.

Computer Modelling Group

Market Cap: US$300.3m

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$633.9m

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$770.7m

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.

Microsoft

Market Cap: US$3.0t

Develops and supports software, services, devices, and solutions worldwide.

Roper Technologies

Market Cap: US$35.4b

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

Tuya

Market Cap: US$1.1b

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

Trimble

Market Cap: US$12.1b

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.

UiPath

Market Cap: US$6.2b

Provides an automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, the United Kingdom, the Netherlands, and internationally.

SAP

Market Cap: US$153.3b

Provides enterprise application and business solutions worldwide.

Sage Group

Market Cap: US$7.4b

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

Hackett Group

Market Cap: US$256.2m

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

Dropbox

Market Cap: US$6.9b

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

Procore Technologies

Market Cap: US$6.7b

Provides a cloud-based construction management platform and related products and services in the United States and internationally.

Thryv Holdings

Market Cap: US$166.3m

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

SoundThinking

Market Cap: US$108.6m

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

Enghouse Systems

Market Cap: US$883.5m

Develops enterprise software solutions worldwide.

Braze

Market Cap: US$2.7b

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

Smith Micro Software

Market Cap: US$13.2m

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.

ACI Worldwide

Market Cap: US$5.8b

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

Information Services Group

Market Cap: US$188.5m

Operates as an artificial intelligence (AI) centered technology research and advisory company in the Americas, Europe, and the Asia Pacific.

NTG Clarity Networks

Market Cap: US$39.4m

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

Appian

Market Cap: US$1.9b

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.

Vitec Software Group

Market Cap: US$8.7b

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

Zscaler

Market Cap: US$24.0b

Operates as a cloud security company worldwide.

Digital Turbine

Market Cap: US$1.1b

Through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs).

Pagaya Technologies

Market Cap: US$1.4b

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$4.7b

Provides digital platform engineering and software development services worldwide.

Gen Digital

Market Cap: US$15.7b

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

dotdigital Group

Market Cap: US$145.6m

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

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.