U.S. Software Potentially Undervalued Companies

OneSpan

Market Cap: US$605.1m

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.

Elastic

Market Cap: US$9.3b

A search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally.

Kyndryl Holdings

Market Cap: US$7.4b

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

Endava

Market Cap: US$518.8m

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

Confluent

Market Cap: US$6.8b

Operates a data streaming platform in the United States and internationally.

Adobe

Market Cap: US$153.6b

Operates as a technology company worldwide.

Synchronoss Technologies

Market Cap: US$66.9m

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

Commerce.com

Market Cap: US$400.4m

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.

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.

Asana

Market Cap: US$3.2b

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

Capgemini

Market Cap: US$21.6b

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.

AudioEye

Market Cap: US$163.0m

Provides Internet content publication and distribution software and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States and Europe.

DXC Technology

Market Cap: US$2.5b

Provides information technology services and solutions in the United States, the United Kingdom, the rest of Europe, Australia, and internationally.

Lightspeed Commerce

Market Cap: US$2.4b

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$845.2m

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

Adeia

Market Cap: US$1.7b

Operates as a media and semiconductor intellectual property licensing company in the United States, Asia, Canada, Europe, the Middle East, and internationally.

NowVertical Group

Market Cap: US$32.3m

Operates as a big data, analytics, and vertical intelligence company in the United States, Argentina, Brazil, Chile, the United Kingdom, and internationally.

ASGN

Market Cap: US$2.2b

Engages in the provision of information technology (IT) services and solutions in the technology, digital, and creative fields for commercial and government sectors in the United States, Canada, and Europe.

Open Text

Market Cap: US$9.2b

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.

Verint Systems

Market Cap: US$1.2b

Provides customer engagement solutions worldwide.

Zoom Communications

Market Cap: US$26.0b

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

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.

NICE

Market Cap: US$31.1b

Provides AI-powered cloud platforms for customer engagement, and financial crime and compliance worldwide.

PROS Holdings

Market Cap: US$762.5m

Provides software solutions that optimize the processes of selling and shopping in the digital economy in Europe, the Asia Pacific, the Middle East, Africa, and internationally.

Clear Secure

Market Cap: US$4.9b

Operates a secure identity platform under the CLEAR brand name primarily in the United States.

Semrush Holdings

Market Cap: US$1.1b

Develops an online visibility management software-as-a-service platform in the United States, the United Kingdom, and internationally.

Freshworks

Market Cap: US$3.7b

A software development company, provides software-as-a-service products in North America, Europe, the Middle East, Africa, Asia Pacific, and internationally.

Cognyte Software

Market Cap: US$607.8m

A software-led technology company, focuses on solutions for data processing and analytics worldwide.

Tiny

Market Cap: US$209.4m

A venture capital and private equity firm specializing in buyouts.

DMG Blockchain Solutions

Market Cap: US$68.1m

Operates as a blockchain and crypto-currency company in North America.

Truecaller

Market Cap: US$15.5b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

CI&T

Market Cap: US$740.7m

Provides strategy, design, and software engineering services worldwide.

Five9

Market Cap: US$2.0b

Provides intelligent cloud software for contact centers in the United States and internationally.

q.beyond

Market Cap: US$107.4m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Akamai Technologies

Market Cap: US$10.9b

Engages in the provision of security, delivery, and cloud computing solutions in the United States and internationally.

Atos

Market Cap: US$923.7m

Provides digital transformation solutions and services in France and internationally.