U.S. Software Potentially Undervalued Companies

Commerce.com

Market Cap: US$240.1m

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

Dassault Systèmes

Market Cap: US$23.6b

Provides software solutions and services worldwide.

FatPipe

Market Cap: US$84.7m

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$11.2b

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

PagerDuty

Market Cap: US$701.0m

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

Teradata

Market Cap: US$3.1b

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

Adobe

Market Cap: US$80.6b

Operates as a technology company worldwide.

Trend Micro

Market Cap: US$775.1b

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

Atlassian

Market Cap: US$20.0b

Provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide.

Endava

Market Cap: US$150.1m

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

Wix.com

Market Cap: US$1.8b

Operates a cloud-based web development platform for registered users and creators in the United States, Europe, Israel, and internationally.

Dassault Systèmes

Market Cap: US$23.8b

Provides software solutions and services worldwide.

Asana

Market Cap: US$1.6b

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

OneSpan

Market Cap: US$525.0m

Provides digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

Gartner

Market Cap: US$9.0b

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.

Alarm.com Holdings

Market Cap: US$2.3b

Operates a platform for connected properties in North America and internationally.

Cloudastructure

Market Cap: US$7.8m

Engages in the provision of cloud-based artificial intelligence (AI) video surveillance and remote guarding service built on AI and machine learning platforms in the United States.

NowVertical Group

Market Cap: US$14.2m

Operates as a big data, analytics, and vertical intelligence company in Canada, the United States of America, United Kingdom, Argentina, Brazil, Mexico, India, Colombia, and Egypt.

Sage Group

Market Cap: US$7.3b

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

Everforth

Market Cap: US$804.0m

Provides information technology solutions for commercial and government sectors in the United States, Canada, and Europe.

Kingdee International Software Group

Market Cap: US$21.5b

An investment holding company, engages in the subscription and sale of software worldwide.

Yext

Market Cap: US$445.1m

Operates a platform that offers answers to consumer questions in North America and internationally.

Lightspeed Commerce

Market Cap: US$2.0b

Engages in sale of cloud-based software subscriptions and payments solutions for single and multi-location retailers, restaurants, golf course operators, and other businesses.

Sprout Social

Market Cap: US$449.6m

Designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Alithya Group

Market Cap: US$94.8m

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

Open Text

Market Cap: US$5.4b

Designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.

AppLovin

Market Cap: US$160.3b

Provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.

Capgemini

Market Cap: US$15.4b

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.

PAR Technology

Market Cap: US$697.1m

Provides omnichannel cloud-based software and hardware solutions for the restaurant and retail industries worldwide.

SAP

Market Cap: US$158.5b

Provides enterprise application and business solutions worldwide.

Dolby Laboratories

Market Cap: US$5.1b

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

SPS Commerce

Market Cap: US$2.2b

Provides cloud-based supply chain management solutions in the United States.

Vertex

Market Cap: US$1.8b

Provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally.

Amplitude

Market Cap: US$982.7m

Provides an AI analytics platform that helps analyze customer behavior within digital products in the United States and internationally.

N-able

Market Cap: US$666.9m

Provides unified endpoint management, security operations, and data protection solutions worldwide.

Viant Technology

Market Cap: US$772.6m

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.