Global Software Undervalued based on future growth

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Market Cap: US$6.0b

Designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.

Amdocs

Market Cap: US$5.8b

Through its subsidiaries, provides software and services to communications, entertainment, media, and other service providers worldwide.

FPT

Market Cap: ₫110.9t

Provides information technology (IT) and telecommunication products and services in Vietnam and internationally.

Kyndryl Holdings

Market Cap: US$2.9b

Operates as a technology services company and IT infrastructure services provider in the United States, Japan, and internationally.

Newland Digital TechnologyLtd

Market Cap: CN¥17.6b

Engages in the design, development, sales, operation, and maintenance of financial POS terminal equipment in China.

Pagaya Technologies

Market Cap: US$1.3b

A product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services, their customers, and institutional or sophisticated investors in the United States, Israel, and the Cayman Islands.

Everforth

Market Cap: US$953.3m

Provides information technology solutions for commercial and government sectors in the United States, Canada, and Europe.

innoscripta

Market Cap: €767.0m

Provides software-as-a-service for managing research and development (R&D) tax incentives and project management consulting in Germany and France.

Viant Technology

Market Cap: US$744.5m

Operates a cloud-based demand side platform (DSP) that enables the programmatic purchase of digital advertising across multiple channels, including connected TV (CTV), streaming audio, digital out-of-home, mobile, and desktop.

Systems

Market Cap: PK₨195.3b

Engages in the software development, trading of software and hardware, and business process outsourcing (BPO) service businesses in Pakistan, North America, the Middle East, Africa, Europe, the Asia Pacific, and internationally.

Dmall

Market Cap: HK$4.5b

Provides retail digitalization solutions in China, Hong Kong, Cambodia, Singapore, Malaysia, Poland, Macau, Indonesia, the Philippines, Brunei, Australia, and internationally.

Global Dominion Access

Market Cap: €419.9m

Engages in the provision of integral services for business process efficiency and sustainability worldwide.

adesso

Market Cap: €390.2m

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

CI&T

Market Cap: US$421.6m

Provides strategy, design, and software engineering services in North America, Europe, Latin America, Asia Pacific, and worldwide.

Route Mobile

Market Cap: ₹34.6b

Provides cloud-communication platform solutions to enterprises, over-the-top service providers, and mobile network operators in India and internationally.

All for One Group

Market Cap: €312.1m

Engages in the SAP transformations and cloud business in Germany, Austria, Switzerland, Poland, Luxembourg, and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$2.7b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Agora

Market Cap: US$333.1m

Through its subsidiaries, 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.

Sonda

Market Cap: CL$285.7b

Provides information technology (IT) solutions in the United States, Canada, Chile, Brazil, Argentina, Colombia, Ecuador, Guatemala, Panama, Uruguay, Costa Rica, Mexico, and Peru.

Bairong

Market Cap: HK$2.3b

An investment holding company, operates as an artificial intelligence (AI) technology services company in China.

Nuix

Market Cap: AU$420.1m

Provides investigative analytics and intelligence software solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Zaggle Prepaid Ocean Services

Market Cap: ₹27.5b

Zaggle Prepaid Ocean Services Limited builds financial products and solutions to manage the business expenses of corporates, small and medium-sized enterprises, and startups through automated workflows.

Cafe24

Market Cap: ₩388.8b

Operates an e-commerce platform worldwide.

Logo Yazilim Sanayi ve Ticaret

Market Cap: ₺12.6b

Develops and markets software solutions in Turkey and internationally.

Hackett Group

Market Cap: US$266.2m

Operates as an intellectual property platform-based generative artificial intelligence strategic consulting and executive advisory digital transformation in the United States, Europe, and internationally.

WITS

Market Cap: NT$8.4b

Provides information technology (IT) services in China, Taiwan, Japan, and internationally.

Econocom Group

Market Cap: €225.4m

Designs and develops digital solutions for public and private companies in Belgium and internationally.

Linedata Services

Market Cap: €214.8m

Develops, publishes, and distributes financial software in Southern Europe, Northern Europe, North America, and Asia.

Hitit Bilgisayar Hizmetleri

Market Cap: ₺11.1b

Develops and sells airline and travel technology solutions under the Crane brand in Turkey and internationally.

91APP

Market Cap: NT$6.2b

A Software-as-a-Service company, provides information system software and e-commerce value-added services in Taiwan, Hong Kong, Singapore, and Malaysia.

LOTTE INNOVATELtd

Market Cap: ₩242.5b

Provides IT services in Korea and internationally.

iValue Infosolutions

Market Cap: ₹15.0b

Operates as an enterprise technology solutions provider in India, Singapore, Bangladesh, Sri Lanka, Nepal, Cambodia, UAE, Kenya, and Bhutan.

cBrain

Market Cap: DKK 995.5m

A software company, provides software solutions for government, private, education, and non-profit sectors in Denmark, the European Union, and internationally.

Enea

Market Cap: SEK 1.1b

Provides software products for telecom and cybersecurity industries worldwide.

Hecto Innovation

Market Cap: ₩156.3b

Operates as an IT platform company in the field of information security primarily in Korea.

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥17.2b

Engages in the debugging, media, and other businesses.