U.S. Software Potentially Undervalued Companies

PTC

Market Cap: US$21.3b

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

ACI Worldwide

Market Cap: US$4.8b

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

NCR Voyix

Market Cap: US$1.3b

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

Rackspace Technology

Market Cap: US$250.9m

Operates as a cloud and artificial intelligence solutions company in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

NowVertical Group

Market Cap: US$26.4m

Operates as a big data, analytics, and vertical intelligence company in the United States, Argentina, Brazil, Chile, the United Kingdom, and internationally.

Alithya Group

Market Cap: US$173.5m

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

Open Text

Market Cap: US$8.4b

Designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.

CCC Intelligent Solutions Holdings

Market Cap: US$4.8b

Operates as a software as a service (SaaS) company for the property and casualty insurance economy in the United States and China.

Tenable Holdings

Market Cap: US$3.2b

Provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

Opera

Market Cap: US$1.2b

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

Roper Technologies

Market Cap: US$47.9b

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

Inuvo

Market Cap: US$41.9m

An advertising technology and services company, develops and commercializes large language generative artificial intelligence that discovers and targets digital audiences in the United States.

N-able

Market Cap: US$1.4b

Provides cloud-based security, data protection, and unified endpoint management software solutions for managed service providers in the United States, the United Kingdom, and internationally.

Dynatrace

Market Cap: US$13.4b

Engages in the advancement of observability for digital businesses, which transforms the complexity of modern digital ecosystems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

CI&T

Market Cap: US$630.9m

Provides strategy, design, and software engineering services worldwide.

Ooma

Market Cap: US$308.3m

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

Rimini Street

Market Cap: US$373.4m

Provides enterprise software products, services, and support.

Upland Software

Market Cap: US$49.7m

Provides cloud-based software applications under the Upland brand name in the United States, the United Kingdom, Canada, and internationally.

WidePoint

Market Cap: US$66.2m

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

Amdocs

Market Cap: US$8.4b

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

Gen Digital

Market Cap: US$16.7b

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

Smith Micro Software

Market Cap: US$14.8m

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.

NTG Clarity Networks

Market Cap: US$68.4m

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

Enghouse Systems

Market Cap: US$1.1b

Develops enterprise software solutions worldwide.

Similarweb

Market Cap: US$670.4m

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

SoundThinking

Market Cap: US$84.3m

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

Pagaya Technologies

Market Cap: US$2.0b

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

Dropbox

Market Cap: US$7.6b

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

accesso Technology Group

Market Cap: US$129.9m

Develops technology solutions for the attractions and leisure industry.

Sylogist

Market Cap: US$126.8m

A software company, provides mission-critical software-as-a-service solutions to public sector customers in Canada, the United States, the United Kingdom, and internationally.

Elastic

Market Cap: US$7.8b

A search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally.

Alarm.com Holdings

Market Cap: US$2.6b

Provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally.

Kyndryl Holdings

Market Cap: US$6.0b

Operates as a technology services company and IT infrastructure services provider in the United States, Japan, and internationally.

PagerDuty

Market Cap: US$1.1b

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

Kaltura

Market Cap: US$250.1m

Provides various software-as-a-service (SaaS) products and solutions and a platform-as-a-service (PaaS) in the United States, Europe, the Middle East, Africa, and internationally.

Commerce.com

Market Cap: US$381.9m

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