U.S. Software Potentially Undervalued Companies

Sopra Steria Group

Market Cap: US$3.8b

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

Witbe

Market Cap: US$8.9m

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

OVH Groupe

Market Cap: US$1.2b

Provides public and private cloud, shared hosting, and dedicated server products and solutions worldwide.

Agora

Market Cap: US$315.1m

Engages in the operation of a real-time engagement platform-as-a-service in the United States, the People’s Republic of China, and internationally.

Expensify

Market Cap: US$217.6m

Provides a cloud-based expense management software platform in the United States and internationally.

ASGN

Market Cap: US$2.4b

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.

Kingdee International Software Group

Market Cap: US$50.2b

An investment holding company, engages in the enterprise resource planning business.

HeartCore Enterprises

Market Cap: US$13.6m

A software development company, provides software as a service solutions to enterprise customers in Japan, the United States, and internationally.

TomTom

Market Cap: US$599.1m

Develops and sells navigation and location-based products and services in Europe, the Americas, and internationally.

NowVertical Group

Market Cap: US$60.8m

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

Formula Systems (1985)

Market Cap: US$5.2b

Through its subsidiaries, provides proprietary and non-proprietary software solutions, Information Technologies (IT) professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration.

Blackbaud

Market Cap: US$3.0b

Engages in the provision of cloud software and services in the United States and internationally.

Tenable Holdings

Market Cap: US$3.9b

Provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

Computer And Technologies Holdings

Market Cap: US$367.4m

An investment holding company, provides information technology (IT) solutions for enterprises, multinational corporations, and government organizations in Hong Kong, Mainland China, and internationally.

Twilio

Market Cap: US$16.1b

Offers customer engagement platform solutions in the United States and internationally.

Appen

Market Cap: US$249.7m

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

TeamViewer

Market Cap: US$1.8b

Develops and distributes remote connectivity solutions worldwide.

PSI Software

Market Cap: US$480.1m

Develops and integrates software solutions and products for optimizing the flow of energy and materials for utilities and industry worldwide.

Hansen Technologies

Market Cap: US$1.0b

Engages in the development, integration, and support of billing systems software for the energy, utilities, communications, and media sectors.

Kingdee International Software Group

Market Cap: US$50.2b

An investment holding company, engages in the enterprise resource planning business.

Asseco Poland

Market Cap: US$11.7b

Develops and sells software products primarily in Poland, rest of Europe, the United States, Israel, Africa, and internationally.

Bango

Market Cap: US$68.8m

Develops, markets, and sells technology that enables the marketing and sale of products and services to mobile phone users.

Broadleaf

Market Cap: US$60.2b

Engages in the development and provision of SaaS cloud services for the mobility industry in Japan.

Vista Group International

Market Cap: US$437.0m

Provides software and data analytics solutions to the film industry.

Mensch und Maschine Software

Market Cap: US$853.4m

Provides computer aided design, manufacturing, and engineering (CAD/CAM/CAE), product data management, and building information modeling/management solutions in Germany and internationally.

Solutions 30

Market Cap: US$161.8m

Provides support solutions for new digital technologies in France, Italy, Germany, the Netherlands, Belgium, Luxembourg, Poland, and Spain.

Sopra Steria Group

Market Cap: US$3.2b

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

Reckon

Market Cap: US$57.2m

Provides software solutions in Australia, New Zealand, the United States, and internationally.

Text

Market Cap: US$1.5b

Develops and distributes online text communication software for businesses worldwide.

Intellinetics

Market Cap: US$57.5m

Designs, develops, tests, markets, and licenses document services and software solutions in the United States.

Cognyte Software

Market Cap: US$704.4m

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

PROS Holdings

Market Cap: US$809.2m

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.

OMNIQ

Market Cap: US$588.7k

Provides artificial intelligence-based solutions in the United States.

Freshworks

Market Cap: US$4.3b

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

Mitek Systems

Market Cap: US$443.8m

Provides mobile image capture and digital identity verification solutions worldwide.

MIND C.T.I

Market Cap: US$28.2m

Develops, manufactures, markets, sells, and implements billing and customer care software solutions in the Americas, Europe, Israel, the Asia Pacific, and Africa.