U.S. Software Potentially Undervalued Companies

Hackett Group

Market Cap: US$277.6m

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

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 worldwide.

Alithya Group

Market Cap: US$120.0m

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

Computer Modelling Group

Market Cap: US$312.0m

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

Xperi

Market Cap: US$321.4m

Operates as a media and entertainment technology company worldwide.

Cerence

Market Cap: US$390.8m

Provides AI-powered assistants for the mobility/transportation market in the United States, the rest of the Americas, Germany, the rest of Europe, the Middle East, Africa, Japan, and the rest of the Asia-Pacific.

Cognyte Software

Market Cap: US$672.9m

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

Opera

Market Cap: US$1.8b

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

Tuya

Market Cap: US$1.1b

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

Trimble

Market Cap: US$13.1b

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.

Vitec Software Group

Market Cap: US$9.5b

Develops and delivers vertical software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally.

NTG Clarity Networks

Market Cap: US$37.4m

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

Enghouse Systems

Market Cap: US$944.4m

Develops enterprise software solutions worldwide.

Gen Digital

Market Cap: US$17.1b

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

Thryv Holdings

Market Cap: US$92.0m

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

Sage Group

Market Cap: US$9.1b

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

Appian

Market Cap: US$2.5b

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.

SAP

Market Cap: US$201.8b

Provides enterprise application and business solutions worldwide.

PTC

Market Cap: US$16.1b

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

Digital Turbine

Market Cap: US$1.5b

Through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs).

Similarweb

Market Cap: US$775.7m

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

Pagaya Technologies

Market Cap: US$1.7b

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.

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.

LiveRamp Holdings

Market Cap: US$2.3b

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

EPAM Systems

Market Cap: US$5.2b

Provides digital platform engineering and software development services worldwide.

Trend Micro

Market Cap: US$889.2b

Develops and sells security-related software for computers and the internet in Japan, the Americas, Europe, and the Asia Pacific.

Endava

Market Cap: US$161.7m

Provides technology services in North America, Europe, the United Kingdom, and internationally.

Adobe

Market Cap: US$102.9b

Operates as a technology company worldwide.

Commerce.com

Market Cap: US$179.0m

Provides artificial intelligence-driven commerce ecosystem in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Teradata

Market Cap: US$2.5b

Provides an AI and knowledge platforms in the United States and internationally.

FatPipe

Market Cap: US$96.2m

Develops application-aware, secure software-defined wide area network, secure access service edge, and network monitoring service (NMS) software solutions in the United States, India, and internationally.

GoDaddy

Market Cap: US$11.6b

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

NCR Voyix

Market Cap: US$1.1b

Provides digital commerce solutions for retail stores and restaurants in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

PagerDuty

Market Cap: US$876.1m

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

Rackspace Technology

Market Cap: US$1.2b

Operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally.

Gartner

Market Cap: US$11.3b

Provides business and technology insights to support decision-making and performance on an organization’s mission-critical priorities in the United States, Canada, Europe, the Middle East, Africa, and internationally.