U.S. Software Potentially Undervalued Companies

ACI Worldwide

Market Cap: US$4.5b

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

PTC

Market Cap: US$13.5b

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

Kyndryl Holdings

Market Cap: US$2.5b

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

Nagarro

Market Cap: US$452.7m

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

Zoom Communications

Market Cap: US$25.6b

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

Workiva

Market Cap: US$2.7b

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

Xperi

Market Cap: US$371.2m

Operates as a media and entertainment technology company worldwide.

Blackbaud

Market Cap: US$1.2b

Engages in the providing AI-powered solutions in the United States and internationally.

Pegasystems

Market Cap: US$5.1b

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$297.9m

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

Viant Technology

Market Cap: US$718.9m

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$2.8t

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

Roper Technologies

Market Cap: US$33.3b

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

Cognyte Software

Market Cap: US$619.9m

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

Opera

Market Cap: US$1.7b

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

CI&T

Market Cap: US$505.1m

Provides strategy, design, and software engineering services in North America, Europe, Latin America, Asia Pacific, and worldwide.

BitFuFu

Market Cap: US$280.0m

Provides digital asset mining solutions in North America, Asia, Africa, Oceania, Europe, and internationally.

Cognizant Technology Solutions

Market Cap: US$23.1b

A professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally.

Tuya

Market Cap: US$1.2b

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

UiPath

Market Cap: US$5.3b

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.

Trimble

Market Cap: US$11.4b

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.

Appian

Market Cap: US$1.7b

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.

Accenture

Market Cap: US$95.8b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Braze

Market Cap: US$2.3b

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

SoundThinking

Market Cap: US$97.8m

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$156.6m

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

Procore Technologies

Market Cap: US$6.1b

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

Zscaler

Market Cap: US$20.1b

Operates as a cloud security company worldwide.

Smith Micro Software

Market Cap: US$15.5m

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.

SAP

Market Cap: US$157.3b

Provides enterprise application and business solutions worldwide.

Pagaya Technologies

Market Cap: US$1.2b

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.

Sage Group

Market Cap: US$7.2b

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

Gen Digital

Market Cap: US$14.4b

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

EPAM Systems

Market Cap: US$4.6b

Provides digital platform engineering and software development services worldwide.

Enghouse Systems

Market Cap: US$857.4m

Develops enterprise software solutions worldwide.

Dropbox

Market Cap: US$6.2b

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