U.S. Software Potentially Undervalued Companies

DMG Blockchain Solutions

Market Cap: US$75.2m

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

RingCentral

Market Cap: US$2.9b

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

Urgent.ly

Market Cap: US$5.2m

Operates mobility assistance software platform that matches vehicle owners and operators with service professionals for roadside assistance, proactive maintenance, and repair services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

BILL Holdings

Market Cap: US$5.3b

Provides financial operations platform for small and midsize businesses worldwide.

Unisys

Market Cap: US$290.2m

Operates as an information technology solutions company in the United States, the United Kingdom, and internationally.

WidePoint

Market Cap: US$52.5m

Provides technology management as a service (TMaaS) to the government and business enterprises in the United States and Europe.

Silvaco Group

Market Cap: US$170.1m

Provides technology computer aided design (TCAD) software, electronic design automation (EDA) software, and semiconductor intellectual property (SIP) solutions in the United States and internationally.

Progress Software

Market Cap: US$1.9b

Develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally.

TeamViewer

Market Cap: US$1.3b

Develops and distributes remote connectivity solutions worldwide.

Weave Communications

Market Cap: US$592.4m

Provides a customer experience and payments software platform for small and medium-sized healthcare businesses.

Consensus Cloud Solutions

Market Cap: US$556.8m

Provides information delivery services with a software-as-a-service platform worldwide.

UiPath

Market Cap: US$6.5b

Provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, the United Kingdom, the Netherlands, and internationally.

Allgeier

Market Cap: US$200.8m

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

NEOJAPAN

Market Cap: US$28.7b

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

F-Secure Oyj

Market Cap: US$300.8m

Operates as a cybersecurity company in Finland and internationally.

FDM Group (Holdings)

Market Cap: US$130.7m

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

Asseco Poland

Market Cap: US$14.3b

Produces and sells software products worldwide.

Done.ai Group

Market Cap: US$656.5m

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.

Corero Network Security

Market Cap: US$47.4m

Provides distributed denial of service (DDoS) protection solutions worldwide.

Appen

Market Cap: US$238.4m

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$158.5m

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

NameSilo Technologies

Market Cap: US$92.2m

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

Founder Holdings

Market Cap: US$920.3m

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

Alkami Technology

Market Cap: US$2.8b

Provides cloud-based digital banking solutions in the United States.

NetSol Technologies

Market Cap: US$59.7m

Engages in the design, development, marketing, and export of enterprise software solutions to the automobile financing and leasing, banking, and financial services industries in the United States, North America, Europe, and Asia Pacific.

SAP

Market Cap: US$265.0b

Provides enterprise application and business solutions worldwide.

Sprinklr

Market Cap: US$1.9b

Provides enterprise cloud software products worldwide.

Generative AI Solutions

Market Cap: US$11.0m

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

Sopra Steria Group

Market Cap: US$3.0b

Provides consulting, digital, and software development services in France and internationally.

Witbe

Market Cap: US$6.2m

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

Tracsis

Market Cap: US$126.4m

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.

NICE

Market Cap: US$31.1b

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

Serko

Market Cap: US$340.4m

Provides online travel booking and expense management services in New Zealand, Australia, the United States, Europe, and internationally.

Riskified

Market Cap: US$741.8m

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.

Rackspace Technology

Market Cap: US$354.3m

Operates as a cloud and artificial intelligence solutions company in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

Atlassian

Market Cap: US$44.5b

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