U.S. Software Potentially Undervalued Companies

Freshworks

Market Cap: US$2.6b

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

Sopra Steria Group

Market Cap: US$2.8b

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

TechMatrix

Market Cap: US$78.2b

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

Lectra

Market Cap: US$887.5m

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

q.beyond

Market Cap: US$98.2m

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

Youzan Technology

Market Cap: US$4.4b

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

Japan System Techniques

Market Cap: US$47.0b

Engages in the software business in Japan and internationally.

LS telcom

Market Cap: US$29.8m

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

Truecaller

Market Cap: US$3.8b

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

GMTech

Market Cap: US$600.0k

Through its subsidiary, provides information technology consulting services in North America.

Rakus

Market Cap: US$319.9b

Provides cloud services in Japan.

Atos

Market Cap: US$703.5m

Provides digital transformation solutions and services in France and internationally.

IONOS Group

Market Cap: US$3.8b

Provides web presence and productivity, and cloud solutions for companies in Germany, the United States, the United Kingdom, Spain, France, Poland, and Austria.

Oracle

Market Cap: US$554.0b

Offers products and services that address enterprise information technology environments worldwide.

Temenos

Market Cap: US$4.4b

Develops, markets, and sells integrated banking software systems to banking and other financial services institutions in North America, Europe, the Middle East and Africa, Latin America, and the Asia-Pacific.

Life360

Market Cap: US$5.6b

Operates a technology platform to locate people, pets, and things in North America, Europe, the Middle East, Africa, and internationally.

Tiny

Market Cap: US$150.3m

A venture capital and private equity firm specializing in buyouts.

Telvantis

Market Cap: US$2.0m

Provides technology products and services to the telecommunication industry.

Helport AI

Market Cap: US$25.9m

An artificial intelligence (AI) technology company, provides software-as-a-service platform and AI tools to the contact center industry across Southeast Asia.

MicroCloud Hologram

Market Cap: US$40.8m

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

eGain

Market Cap: US$203.7m

Engages in the development, license, implementation, and support of its customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific.

Five9

Market Cap: US$1.6b

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

GMO internet group

Market Cap: US$264.7b

Provides various Internet services worldwide.

LINK Mobility Group Holding

Market Cap: US$5.8b

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

SMN

Market Cap: US$6.1b

Engages in digital marketing activities business in Japan.

Pivotree

Market Cap: US$43.5m

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

Kantone Holdings

Market Cap: US$142.5m

An investment holding company, sells and leases system products, software licensing and customisation businesses in the United Kingdom, Germany, the People’s Republic of China, Hong Kong, and Macau.

GMO internet group

Market Cap: US$306.7b

Provides various internet services in Japan and internationally.

Intouch Insight

Market Cap: US$9.8m

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

Claranova

Market Cap: US$41.8m

A technology company, engages in personalized e-commerce, software publishing, and Internet of Things (IoT) management in France, the United States, the United Kingdom, Germany, other European countries, and internationally.

Xunlei

Market Cap: US$338.6m

Operates an internet platform for digital media content in the People's Republic of China.

Weave Communications

Market Cap: US$432.8m

Operates an AI-powered patient communications, engagement, and payments platform for small and medium-sized healthcare businesses.

Horizon Robotics

Market Cap: US$65.7b

An investment holding company, provides automotive solutions for passenger vehicles in China.

Atea

Market Cap: US$18.1b

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

VIQ Solutions

Market Cap: US$5.3m

Operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United States, the United Kingdom, Canada, and internationally.

Qualys

Market Cap: US$4.0b

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