Global Software Undervalued based on future growth

Amdocs

Market Cap: US$7.1b

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

Open Text

Market Cap: US$5.7b

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.

Kyndryl Holdings

Market Cap: US$2.8b

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

ASGN

Market Cap: US$1.5b

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

Chinasoft International

Market Cap: HK$9.5b

Engages in development and provision of information technology (IT) solutions, IT outsourcing, and training services in the People’s Republic of China, the United States, Malaysia, Japan, Singapore, India, and Saudi Arabia.

SHIFT

Market Cap: JP¥165.9b

Provides software quality assurance and testing solutions in Japan.

Pagaya Technologies

Market Cap: US$904.5m

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.

TeamViewer

Market Cap: €729.9m

Provides remote connectivity solutions worldwide.

AsiaInfo Technologies

Market Cap: HK$6.0b

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

Nagarro

Market Cap: €625.9m

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

Systems

Market Cap: PK₨180.3b

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

Inspur Digital Enterprise Technology

Market Cap: HK$4.2b

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.

Global Dominion Access

Market Cap: €458.2m

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

Cafe24

Market Cap: ₩692.7b

Operates an e-commerce platform worldwide.

Altron

Market Cap: R7.8b

Engages in information communication and technology business in South Africa, rest of Africa, Europe, and internationally.

adesso

Market Cap: €395.6m

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

Truecaller

Market Cap: SEK 3.9b

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

Hackett Group

Market Cap: US$351.5m

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

Sword Group

Market Cap: €292.4m

Provides IT and software solutions.

Zaggle Prepaid Ocean Services

Market Cap: ₹29.1b

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.

Route Mobile

Market Cap: ₹29.0b

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

m-up holdings

Market Cap: JP¥48.8b

Engages in the development and distribution of mobile and PC content, and e-commerce businesses in Japan.

Logo Yazilim Sanayi ve Ticaret

Market Cap: ₺13.0b

Develops and markets software solutions in Turkey and internationally.

Sonda

Market Cap: CL$263.9b

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

Econocom Group

Market Cap: €240.9m

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

WITS

Market Cap: NT$8.6b

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

Trifork Group

Market Cap: DKK 1.6b

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

Mastersystem Infotama

Market Cap: Rp4.1t

Engages in the provision of information and communication technology infrastructure solutions and system integration services to enterprise banking, oil and gas, enterprise, and telecommunication markets in Indonesia.

LOTTE INNOVATELtd

Market Cap: ₩349.5b

Provides IT services in Korea and internationally.

91APP

Market Cap: NT$6.9b

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

ULS Group

Market Cap: JP¥29.1b

Provides consulting and contract development services related to information systems in Japan.

Hecto Innovation

Market Cap: ₩264.5b

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

Hybrid Software Group

Market Cap: €122.3m

Develops software and hardware technology solutions for graphics and industrial inkjet printing in the United Kingdom, rest of Europe, North and South America, and Asia.

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥20.6b

Engages in the debugging, media, and other businesses.

f-code

Market Cap: JP¥19.5b

Provides digital customer acquisition and development support services in Japan.

Enea

Market Cap: SEK 1.2b

Provides software products for telecom and cybersecurity industries worldwide.