Global Software Undervalued based on future growth

Amdocs

Market Cap: US$6.0b

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

Open Text

Market Cap: US$5.4b

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.

Newland Digital TechnologyLtd

Market Cap: CN¥17.8b

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

Kyndryl Holdings

Market Cap: US$2.6b

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

Globant

Market Cap: US$1.6b

Provides technology services in the United States, rest of North America, Latin America, Europe, and internationally.

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.

NCR Voyix

Market Cap: US$1.1b

Provides digital commerce solutions for retail stores and restaurants in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

SHIFT

Market Cap: JP¥164.9b

Provides software quality assurance and testing solutions in Japan.

Everforth

Market Cap: US$861.8m

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

Systems

Market Cap: PK₨217.8b

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.

Viant Technology

Market Cap: US$727.4m

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.

Dmall

Market Cap: HK$5.5b

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

AsiaInfo Technologies

Market Cap: HK$4.4b

An investment holding company, offers telecom software products and related services in the People’s Republic of China.

Nagarro

Market Cap: €438.6m

Provides digital product engineering and technology solutions in Germany, the United States, Europe, and internationally.

Docebo

Market Cap: CA$643.0m

Develops and provides learning management platform for training in Canada, the United States, and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$3.6b

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.

Yext

Market Cap: US$407.0m

Operates a platform that offers answers to consumer questions in North America and internationally.

Truecaller

Market Cap: SEK 3.8b

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

adesso

Market Cap: €340.2m

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

Agora

Market Cap: US$365.3m

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.

WITS

Market Cap: NT$9.7b

Provides information technology (IT) services in Taiwan, Mainland China, Japan, the United States, and internationally.

Cafe24

Market Cap: ₩459.4b

Operates an e-commerce platform worldwide.

Bairong

Market Cap: HK$2.4b

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

Logo Yazilim Sanayi ve Ticaret

Market Cap: ₺13.8b

Develops and markets software solutions in Turkey and internationally.

Zaggle Prepaid Ocean Services

Market Cap: ₹28.1b

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.

Econocom Group

Market Cap: €250.7m

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

Hackett Group

Market Cap: US$277.1m

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

Sonda

Market Cap: CL$245.6b

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

Trifork Group

Market Cap: DKK 1.7b

Provides information technology and other business services in Switzerland, Denmark, the United Kingdom, the Netherlands, the United States, and internationally.

Hitit Bilgisayar Hizmetleri

Market Cap: ₺12.1b

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

Linedata Services

Market Cap: €201.6m

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

91APP

Market Cap: NT$7.2b

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

Profile Systems & Software

Market Cap: €193.1m

Develops software solutions for the banking and investment management industry in Europe, the Middle East, Asia, Africa, and the United States.

LOTTE INNOVATELtd

Market Cap: ₩300.3b

Provides IT services in Korea and internationally.

dotdigital Group

Market Cap: UK£140.7m

Engages in the provision of intuitive software as a service (SaaS) and managed services to digital marketing professionals worldwide.

All for One Group

Market Cap: €142.2m

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