U.S. Software Potentially Undervalued Companies

ACI Worldwide

Market Cap: US$5.3b

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

GoDaddy

Market Cap: US$20.3b

Engages in the design and development of cloud-based products in the United States and internationally.

Clearwater Analytics Holdings

Market Cap: US$5.6b

Develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally.

Nagarro

Market Cap: US$635.0m

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

Dolby Laboratories

Market Cap: US$6.9b

Engages in the design and manufacture of audio, imaging, accessibility, and other hardware and software solutions primarily for application in the television, broadcast, and live entertainment industries in the United States and internationally.

Tenable Holdings

Market Cap: US$3.7b

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

Xperi

Market Cap: US$283.6m

Operates as a consumer and entertainment technology company worldwide.

Inuvo

Market Cap: US$50.4m

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

Roper Technologies

Market Cap: US$54.8b

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

Opera

Market Cap: US$1.8b

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

Dynatrace

Market Cap: US$14.7b

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.

Ooma

Market Cap: US$357.2m

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

Rimini Street

Market Cap: US$433.4m

Provides enterprise software products, services, and support.

CGI

Market Cap: US$28.1b

Provides information technology (IT) and business process services.

Cognizant Technology Solutions

Market Cap: US$34.3b

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

Exodus Movement

Market Cap: US$850.6m

Operates as a financial technology for blockchain and digital asset industry in the United States.

Upland Software

Market Cap: US$72.2m

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

Capgemini

Market Cap: US$21.1b

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.

Amdocs

Market Cap: US$9.3b

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

Enghouse Systems

Market Cap: US$1.2b

Develops enterprise software solutions worldwide.

Dropbox

Market Cap: US$8.3b

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

Smith Micro Software

Market Cap: US$16.5m

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.

Gen Digital

Market Cap: US$17.8b

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

dotdigital Group

Market Cap: US$216.6m

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$82.4m

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

Atos

Market Cap: US$929.8m

Provides digital transformation solutions and services in France and internationally.

Accenture

Market Cap: US$149.2b

Provides strategy and consulting, industry X, song, and technology and operation services in North America, Europe, the Middle East, Africa, and internationally.

Pagaya Technologies

Market Cap: US$3.4b

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.

Hackett Group

Market Cap: US$569.2m

Operates as an intellectual property platform-based generative artificial intelligence strategic consulting and executive advisory digital transformation in the United States, Europe, and internationally.

EPAM Systems

Market Cap: US$8.7b

Provides digital platform engineering and software development services worldwide.

Asana

Market Cap: US$3.4b

Operates a work management software platform for individuals, team leads, and executives in the United States and internationally.

Jamf Holding

Market Cap: US$1.5b

Provides management and security solutions for Apple platforms in the Americas, Europe, the Middle East, India, Africa, and the Asia Pacific.

Synchronoss Technologies

Market Cap: US$70.6m

Provides white label cloud software and services in North America, Europe, the Middle East, Africa, and the Asia Pacific.

Commerce.com

Market Cap: US$427.1m

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.

Sylogist

Market Cap: US$179.6m

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.

Alarm.com Holdings

Market Cap: US$2.8b

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