U.S. Software Potentially Undervalued Companies

PTC

Market Cap: US$13.0b

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

Kyndryl Holdings

Market Cap: US$2.4b

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

Xperi

Market Cap: US$378.9m

Operates as a media and entertainment technology company worldwide.

Pegasystems

Market Cap: US$5.0b

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.

Blackbaud

Market Cap: US$1.2b

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

Zoom Communications

Market Cap: US$24.3b

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$2.6b

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

Computer Modelling Group

Market Cap: US$268.3m

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

Nagarro

Market Cap: US$495.3m

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

Microsoft

Market Cap: US$2.7t

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

Opera

Market Cap: US$1.6b

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

Roper Technologies

Market Cap: US$33.5b

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

Cognyte Software

Market Cap: US$586.7m

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

Tuya

Market Cap: US$1.1b

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

CI&T

Market Cap: US$433.2m

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

BitFuFu

Market Cap: US$243.3m

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

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.

Appian

Market Cap: US$1.5b

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.

Smith Micro Software

Market Cap: US$14.1m

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.

Dropbox

Market Cap: US$6.1b

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

Sage Group

Market Cap: US$7.1b

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

ACI Worldwide

Market Cap: US$4.7b

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

NTG Clarity Networks

Market Cap: US$35.5m

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

Pagaya Technologies

Market Cap: US$1.3b

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$4.1b

Provides digital platform engineering and software development services worldwide.

Atos Group

Market Cap: US$648.4m

Provides digital transformation solutions and services in France and internationally.

Braze

Market Cap: US$2.2b

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

LiveRamp Holdings

Market Cap: US$2.2b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

SAP

Market Cap: US$157.8b

Provides enterprise application and business solutions worldwide.

Gen Digital

Market Cap: US$14.0b

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

Zscaler

Market Cap: US$20.0b

Operates as a cloud security company worldwide.

Procore Technologies

Market Cap: US$5.8b

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

SoundThinking

Market Cap: US$108.7m

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$164.1m

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

Accenture

Market Cap: US$77.0b

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

Enghouse Systems

Market Cap: US$839.0m

Develops enterprise software solutions worldwide.