U.S. Software Potentially Undervalued Companies

PTC

Market Cap: US$20.6b

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.

DigitalOcean Holdings

Market Cap: US$4.0b

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

PagerDuty

Market Cap: US$1.4b

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

Rackspace Technology

Market Cap: US$255.8m

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

Blackbaud

Market Cap: US$2.7b

Engages in the provision of cloud software and services in the United States and internationally.

Alithya Group

Market Cap: US$166.5m

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

Tenable Holdings

Market Cap: US$3.1b

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

CCC Intelligent Solutions Holdings

Market Cap: US$4.6b

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

Nagarro

Market Cap: US$856.8m

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

Open Text

Market Cap: US$8.2b

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.

A10 Networks

Market Cap: US$1.2b

Provides security and infrastructure solutions in the United States, rest of the Americas, Japan, rest of the Asia Pacific, Europe, the Middle East, and Africa.

Inuvo

Market Cap: US$37.4m

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

EverCommerce

Market Cap: US$1.4b

Provides integrated software-as-a-service solutions for service-based small and medium-sized businesses in the United States and internationally.

Dynatrace

Market Cap: US$13.7b

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.

Opera

Market Cap: US$1.2b

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

Ooma

Market Cap: US$292.0m

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

Rimini Street

Market Cap: US$344.1m

Provides enterprise software products, services, and support.

CI&T

Market Cap: US$560.8m

Provides strategy, design, and software engineering services worldwide.

Telos

Market Cap: US$415.2m

Provides cyber, cloud, and enterprise security solutions in the United States and internationally.

Capgemini

Market Cap: US$21.6b

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.

RingCentral

Market Cap: US$2.3b

Provides cloud business communications, contact center, video, and hybrid event solutions in North America and internationally.

Weave Communications

Market Cap: US$440.1m

Provides a customer experience and payments software platform for small and medium-sized healthcare businesses.

WidePoint

Market Cap: US$62.0m

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

Upland Software

Market Cap: US$52.0m

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

Amdocs

Market Cap: US$8.3b

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

Atos

Market Cap: US$849.0m

Provides digital transformation solutions and services in France and internationally.

dotdigital Group

Market Cap: US$205.0m

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

NTG Clarity Networks

Market Cap: US$55.4m

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

Kingsoft Cloud Holdings

Market Cap: US$3.7b

Provides cloud services to businesses and organizations primarily in China.

Gen Digital

Market Cap: US$16.1b

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

Information Services Group

Market Cap: US$244.7m

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

Similarweb

Market Cap: US$663.5m

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

Enghouse Systems

Market Cap: US$1.1b

Develops enterprise software solutions worldwide.

Dropbox

Market Cap: US$7.6b

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

SoundThinking

Market Cap: US$79.5m

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