U.S. Software Potentially Undervalued Companies

Crayon Group Holding

Market Cap: US$12.9b

Operates as an information technology (IT) consultancy company in the Nordics, Europe, the Asia-Pacific, the Middle East and Africa, and the United States.

AppLovin

Market Cap: US$115.6b

Engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally.

Asseco Poland

Market Cap: US$15.3b

Produces and sells software products worldwide.

Yubico

Market Cap: US$12.0b

Provides authentication solutions for use in computers, networks, and online services.

Pointerra

Market Cap: US$31.5m

Provides a cloud-based solution for storing, processing, managing, analyzing, extracting, visualizing, and sharing 3D data in Australia and the United States.

PCA

Market Cap: US$44.6b

Develops and sells computer software in Japan.

TDC SOFT

Market Cap: US$62.3b

Provides IT consulting services in Japan.

Alten

Market Cap: US$2.6b

Operates as an engineering and technology consultancy company in France, North America, Germany, Scandinavia, Benelux, Iberian, Spain, Italy, the United Kingdom, the Asia-Pacific, Switzerland, Eastern Europe, and internationally.

Comture

Market Cap: US$67.8b

Provides cloud, digital, business, platform and operation, and digital learning solutions in Japan.

WithSecure Oyj

Market Cap: US$169.7m

Operates in corporate security business worldwide.

Cerence

Market Cap: US$475.8m

Provides AI powered virtual assistants for the mobility/transportation market in the United States, rest of the Americas, Germany, rest of Europe, the Middle East, Africa, Japan, and rest of the Asia-Pacific.

A10 Networks

Market Cap: US$1.5b

Provides security and infrastructure solutions in the United States, rest of the Americas, Japan, rest of the Asia Pacific, Europe, the Middle East, and Africa.

Freshworks

Market Cap: US$4.5b

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

LivePerson

Market Cap: US$103.2m

Operates as a digital customer conversation.

Cognyte Software

Market Cap: US$669.0m

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

Amplitude

Market Cap: US$1.7b

Provides a digital analytics platform that analyzes customer behavior in the United States and internationally.

Cheetah Mobile

Market Cap: US$145.5m

Cheetah Mobile Inc. along with its subsidiaries, engages in the provision of internet services, artificial intelligence (AI), and other services in the People’s Republic of China, Hong Kong, Japan, and internationally.

Microsoft

Market Cap: US$3.7t

Develops and supports software, services, devices and solutions worldwide.

Unity Software

Market Cap: US$10.9b

Operates a platform to create and grow games and interactive experiences for mobile phones, PCs, consoles, and extended reality devices in the United States, China, Hong Kong, Taiwan, Europe, the Middle East, Africa, the Asia Pacific, Canada, and Latin America.

Viant Technology

Market Cap: US$862.2m

Operates as an advertising technology company.

Cresco

Market Cap: US$66.8b

Engages in the provision of information technology (IT) services and digital solutions in Japan.

Kainos Group

Market Cap: US$891.8m

Engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally.

Fukui Computer HoldingsInc

Market Cap: US$63.3b

Engages in the development and sale of package CAD products for the construction industry in Japan.

VMware

Market Cap: US$61.5b

VMware, Inc. provides software solutions in the areas of modern applications, cloud management and infrastructure, networking, security, and workspaces in the United States and internationally.

Grid Dynamics Holdings

Market Cap: US$1.0b

Provides technology consulting, platform and product engineering, and analytics services in North America, Europe, and internationally.

BitFuFu

Market Cap: US$561.1m

Provides digital asset mining solutions in North America, Asia, Europe, and internationally.

Intermap Technologies

Market Cap: US$127.9m

A geospatial intelligence company, provides various geospatial solutions and analytics in the United States, the Asia Pacific, and Europe.

BlackBerry

Market Cap: US$3.5b

Provides intelligent security software and services to enterprises and governments worldwide.

Box

Market Cap: US$4.8b

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.

Infosys

Market Cap: US$6.8t

Provides consulting, technology, outsourcing, and digital services in North America, Europe, India, and internationally.

IREN

Market Cap: US$4.1b

Owns and operates bitcoin mining data centers.

Rubrik

Market Cap: US$17.2b

Provides data security solutions to individuals and businesses worldwide.

Bit Digital

Market Cap: US$833.2m

Engages in the bitcoin mining business.

Expert.ai

Market Cap: US$139.0m

An artificial intelligence (AI) platform company, develops and sells cognitive computing software products based on AI algorithms to read and understand written language worldwide.

Information Planning

Market Cap: US$14.6b

Provides system consulting services primarily for financial institutions.

Sinch

Market Cap: US$21.5b

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