U.S. Software Potentially Undervalued Companies

PTC

Market Cap: US$13.3b

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.

Nagarro

Market Cap: US$440.1m

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

Xperi

Market Cap: US$383.3m

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.

Workiva

Market Cap: US$2.7b

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

Blackbaud

Market Cap: US$1.2b

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

Zoom Communications

Market Cap: US$25.3b

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

Computer Modelling Group

Market Cap: US$289.4m

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$726.4m

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.

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.

Cognyte Software

Market Cap: US$613.2m

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

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.

CI&T

Market Cap: US$475.6m

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

Tuya

Market Cap: US$1.1b

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

BitFuFu

Market Cap: US$280.0m

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.

Trimble

Market Cap: US$11.5b

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$1.5b

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.

Atos

Market Cap: US$672.1m

Provides digital transformation solutions and services in France and internationally.

Accenture

Market Cap: US$78.3b

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

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.

SAP

Market Cap: US$153.6b

Provides enterprise application and business solutions worldwide.

SoundThinking

Market Cap: US$101.6m

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$155.2m

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

Procore Technologies

Market Cap: US$6.0b

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

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.

Smith Micro Software

Market Cap: US$15.0m

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.

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$4.0b

Provides digital platform engineering and software development services worldwide.

Zscaler

Market Cap: US$20.2b

Operates as a cloud security company worldwide.

Dropbox

Market Cap: US$6.1b

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

Gen Digital

Market Cap: US$14.6b

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

NTG Clarity Networks

Market Cap: US$34.1m

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$849.8m

Develops enterprise software solutions worldwide.