U.S. Software Potentially Undervalued Companies

RingCentral

Market Cap: US$2.7b

Provides cloud business communications, contact center, video, and hybrid event solutions in North America and internationally.

Allgeier

Market Cap: US$200.8m

Provides information technology (IT) solutions and software services in Germany.

IAR Systems Group

Market Cap: US$1.7b

Engages in the provision of programming processors in embedded systems and embedded security solutions in Sweden.

Pro-Ship

Market Cap: US$23.4b

Engages in the development, sale, consulting, and customization of solution packages for asset management, sales management, and others in Japan.

24SevenOffice Group

Market Cap: US$678.3m

Provides cloud-based AI–accounting/enterprise resource planning platform to automate business administration and allow for data driven decision making for small, medium, and large companies in Norway, Sweden, rest of Europe, Canada, and internationally.

F-Secure Oyj

Market Cap: US$330.1m

Operates as a cybersecurity company in Finland and internationally.

Founder Holdings

Market Cap: US$1.3b

An investment holding company, engages in the sale of software, hardware and system integration in Mainland China, Hong Kong, and internationally.

Nutanix

Market Cap: US$20.6b

Provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa.

Gen Digital

Market Cap: US$18.9b

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

Sprinklr

Market Cap: US$2.3b

Provides enterprise cloud software products worldwide.

Atea

Market Cap: US$17.0b

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

NEOJAPAN

Market Cap: US$24.2b

Engages in development and sale of packaged software in Japan and internationally.

NameSilo Technologies

Market Cap: US$68.7m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

Accenture

Market Cap: US$190.8b

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

LiveRamp Holdings

Market Cap: US$2.2b

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

Asseco Poland

Market Cap: US$15.3b

Produces and sells software products worldwide.

Bytes Technology Group

Market Cap: US$861.8m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Braze

Market Cap: US$3.2b

Operates a customer engagement platform that provides interactions between consumers and brands worldwide.

Appen

Market Cap: US$309.9m

Operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally.

SoundThinking

Market Cap: US$176.5m

A public safety technology company, provides data-driven solutions and strategic advisory services for law enforcement, security teams, and civic leadership.

FDM Group (Holdings)

Market Cap: US$237.8m

Provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific.

Generative AI Solutions

Market Cap: US$11.0m

Generative AI Solutions Corp. engages in the development and application of artificial intelligence technology solution.

Tracsis

Market Cap: US$112.4m

Provides software and hardware, data analytics/GIS services for the rail, traffic data, and transportation industries in the United Kingdom, Ireland, rest of Europe, Europe, North America, and internationally.

Intellicheck

Market Cap: US$106.6m

A technology company, provides on-demand digital identity validation solutions for KYC, fraud, and age verification needs in North America.

Witbe

Market Cap: US$9.4m

Provides digital services in France, Europe, the Middle East, Africa, Asia, the United States, and internationally.

OneSpan

Market Cap: US$668.7m

Designs, develops, and markets 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$9.2b

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.

InterDigital

Market Cap: US$5.8b

Operates as a global research and development company focuses on wireless, visual, artificial intelligence (AI), and related technologies.

HubSpot

Market Cap: US$29.6b

Provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific.

BigCommerce Holdings

Market Cap: US$410.9m

Operates a software-as-a-service ecommerce platform for brands and retailers in the United States, North and South America, Europe, the Middle East, Africa, and the Asia Pacific.

NCR Voyix

Market Cap: US$1.8b

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

Gartner

Market Cap: US$30.8b

Operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally.

NICE

Market Cap: US$36.0b

Provides cloud platforms for AI-driven digital business solutions worldwide.

GoDaddy

Market Cap: US$25.3b

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

Riskified

Market Cap: US$837.5m

Develops and offers an e-commerce risk intelligent platform that allows online merchants to create trusted relationships with consumers in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and the Americas.

Kaltura

Market Cap: US$305.7m

Provides various software-as-a-service (SaaS) products and solutions and a platform-as-a-service (PaaS) in the United States, Europe, the Middle East, Africa, and internationally.