U.S. Software Potentially Undervalued Companies

Hackett Group

Market Cap: US$661.5m

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

EPAM Systems

Market Cap: US$9.5b

Provides digital platform engineering and software development services worldwide.

ACI Worldwide

Market Cap: US$4.6b

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

PagerDuty

Market Cap: US$1.4b

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

Clearwater Analytics Holdings

Market Cap: US$5.9b

Develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally.

Verint Systems

Market Cap: US$1.2b

Provides customer engagement solutions worldwide.

Sprout Social

Market Cap: US$1.1b

Designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Zoom Communications

Market Cap: US$22.5b

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

Nagarro

Market Cap: US$745.6m

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

Alithya Group

Market Cap: US$228.4m

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

Adeia

Market Cap: US$1.5b

Operates as a media and semiconductor intellectual property licensing company in the United States, Asia, Canada, Europe, the Middle East, and internationally.

Dolby Laboratories

Market Cap: US$7.2b

Engages in the design and manufacture of audio, imaging, accessibility, and other hardware and software solutions primarily for application in the television, broadcast, and live entertainment industries in the United States and internationally.

Opera

Market Cap: US$1.7b

Provides mobile and PC web browsers and related products and services in Norway and internationally.

Rimini Street

Market Cap: US$463.5m

Provides enterprise software products, services, and support.

Ooma

Market Cap: US$331.3m

Provides communications services and related technologies for businesses and consumers in the United States and Canada.

Salesforce

Market Cap: US$246.6b

Provides customer relationship management (CRM) technology that connects companies and customers together worldwide.

Progress Software

Market Cap: US$2.1b

Develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally.

Capgemini

Market Cap: US$23.4b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Atos

Market Cap: US$528.5m

Provides digital transformation solutions and services in France and internationally.

F-Secure Oyj

Market Cap: US$291.0m

Operates as a cybersecurity company in Finland and internationally.

dotdigital Group

Market Cap: US$231.4m

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

Dropbox

Market Cap: US$7.5b

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

Nutanix

Market Cap: US$19.7b

Provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa.

DocuSign

Market Cap: US$15.6b

Provides electronic signature solution in the United States and internationally.

NTG Clarity Networks

Market Cap: US$90.9m

Engages in the provision of network, telecom, IT, and infrastructure solutions to medium and large network service providers.

Smith Micro Software

Market Cap: US$21.9m

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.

DigitalOcean Holdings

Market Cap: US$2.6b

Through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally.

Enghouse Systems

Market Cap: US$1.3b

Develops enterprise software solutions worldwide.

Similarweb

Market Cap: US$692.5m

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

BigCommerce Holdings

Market Cap: US$386.1m

Operates a software-as-a-service ecommerce platform for brands and retailers in the United States, North and South America, Europe, the Middle East, Africa, and the Asia Pacific.

GoDaddy

Market Cap: US$24.0b

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

Adobe

Market Cap: US$153.5b

Operates as a technology company worldwide.

Jamf Holding

Market Cap: US$1.1b

Provides management and security solutions for Apple platforms in the Americas, Europe, the Middle East, India, Africa, and the Asia Pacific.

SpringBig Holdings

Market Cap: US$2.1m

Develops and operates a software platform that provides marketing and customer engagement services to cannabis dispensaries and brands in the United States and Canada.

Synchronoss Technologies

Market Cap: US$79.7m

Provides white label cloud software and services in North America, Europe, the Middle East, Africa, and the Asia Pacific.

Asana

Market Cap: US$3.3b

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