U.S. Software Potentially Undervalued Companies

WM Technology

Market Cap: US$220.6m

An online cannabis marketplace, provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally.

TechMatrix

Market Cap: US$78.2b

Engages in the information infrastructure and application service business in Japan.

LS telcom

Market Cap: US$29.8m

Provides software, IT system, hardware, planning, and consultancy services for optimal spectrum use customers worldwide.

adesso

Market Cap: US$635.7m

Provides IT services in Germany, Austria, Switzerland, and internationally.

Youzan Technology

Market Cap: US$5.5b

An investment holding company, provides online and offline e-commerce solutions in the People’s Republic of China, Japan, and Canada.

Lectra

Market Cap: US$914.0m

Provides industrial intelligence solutions for fashion, automotive, furniture markets, and other industries in Europe, the Americas, the Asia Pacific, and internationally.

Raadr

Market Cap: US$4.8m

Raadr, Inc., doing business as Telvantis Inc., provides technology products and services to the telecommunication industry.

Box

Market Cap: US$4.7b

Provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device in the United States and Japan.

MicroCloud Hologram

Market Cap: US$81.7m

Provides holographic technology services in the People’s Republic of China and internationally.

Bit Digital

Market Cap: US$1.0b

Engages in the bitcoin mining business.

Informatica

Market Cap: US$7.6b

Develops an artificial intelligence-powered platform that connects, manages, and unifies data across multi-vendor, multi-cloud, and hybrid systems at enterprise scale worldwide.

Salesforce

Market Cap: US$232.6b

Provides customer relationship management (CRM) technology that connects companies and customers together worldwide.

Perfect

Market Cap: US$199.6m

An artificial intelligence software as a service company, provides artificial intelligence (AI)- and augmented reality (AR)-powered solutions for beauty, fashion, and skincare industries worldwide.

Nvni Group

Market Cap: US$83.0m

Through its subsidiaries, operates in business-to-business software as a service (SaaS) market in Brazil and Latin America.

Globant

Market Cap: US$2.5b

Provides technology services worldwide.

GMO internet group

Market Cap: US$264.7b

Provides various Internet services worldwide.

CSE Global

Market Cap: US$307.4m

An investment holding company, engages in the provision of integrated industrial automation, information technology, and intelligent transport solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Atea

Market Cap: US$16.7b

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

LINK Mobility Group Holding

Market Cap: US$5.8b

Provides mobile and communication-platform-as-a-service solutions.

GMO internet group

Market Cap: US$395.1b

Provides various Internet services worldwide.

Pivotree

Market Cap: US$43.3m

Designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers worldwide.

Qualys

Market Cap: US$4.9b

Provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally.

Intouch Insight

Market Cap: US$8.6m

Provides customer experience management products and software solutions in Canada, the United States, and internationally.

Telos

Market Cap: US$498.0m

Provides cyber, cloud, and enterprise security solutions in the United States and internationally.

MicroAlgo

Market Cap: US$132.5m

Develops and applies central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People’s Republic of China, Hong Kong, and internationally.

Dye & Durham

Market Cap: US$580.4m

Provides cloud-based software and technology solutions for law firms, financial service institutions, sole-practitioner law firms, and government organizations in Canada, Australia, South Africa, Ireland, and the United Kingdom.

Fortinet

Market Cap: US$62.1b

Provides cybersecurity and convergence of networking and security solutions worldwide.

Quorum Information Technologies

Market Cap: US$51.6m

An information technology company, focuses on the automotive retail business in Canada and the United States.

Sinch

Market Cap: US$27.0b

Provides cloud communications services and solutions for enterprises and mobile operators.

Micro Focus International

Market Cap: US$1.7b

Micro Focus International plc operates in the enterprise software business in the United Kingdom, the United States, Germany, Canada, France, Japan, and internationally.

Atea

Market Cap: US$16.4b

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

Digital China Holdings

Market Cap: US$5.7b

An investment holding company, provides big data products and solutions for government and enterprise customers in Mainland China.

Digital China Holdings

Market Cap: US$5.7b

An investment holding company, provides big data products and solutions for government and enterprise customers in Mainland China.

IAR Systems Group

Market Cap: US$2.3b

Provides programming processors in embedded systems and embedded security solutions in the United States, Japan, China, South Korea, the United Kingdom, Germany, France, Sweden, and internationally.

BASEInc

Market Cap: US$39.2b

Engages in the planning, development, and operation of web services in Japan.

Bytes Technology Group

Market Cap: US$975.7m

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