Global Software Undervalued based on future growth

InterDigital

Market Cap: US$9.1b

Operates as a global research and development company focuses on wireless, visual, artificial intelligence (AI), and related technologies.

Open Text

Market Cap: US$5.6b

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$3.2b

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

Newland Digital TechnologyLtd

Market Cap: CN¥19.9b

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

Beijing Ultrapower Software

Market Cap: CN¥19.1b

Provides software and information technology solutions in China, Hong Kong, Macao, Taiwan, and internationally.

Chinasoft International

Market Cap: HK$8.6b

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¥167.7b

Provides software quality assurance and testing solutions in Japan.

Pagaya Technologies

Market Cap: US$1.1b

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$951.8m

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

Everforth

Market Cap: US$946.6m

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

innoscripta

Market Cap: €676.0m

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

AsiaInfo Technologies

Market Cap: HK$5.3b

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

Viant Technology

Market Cap: US$670.4m

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.

Nagarro

Market Cap: €538.2m

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

Altron

Market Cap: R8.4b

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

Cafe24

Market Cap: ₩606.9b

Operates an e-commerce platform worldwide.

Yubico

Market Cap: SEK 3.7b

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

Inspur Digital Enterprise Technology

Market Cap: HK$2.8b

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.

Route Mobile

Market Cap: ₹33.2b

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

Digital Value

Market Cap: €294.3m

Provides information and communication technology (ICT) solutions and services in Italy.

Hackett Group

Market Cap: US$329.6m

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

Hancom

Market Cap: ₩485.9b

Develops and sells office software products and solutions in South Korea and internationally.

m-up holdings

Market Cap: JP¥50.6b

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

Agora

Market Cap: US$296.8m

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$252.8b

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

Hitit Bilgisayar Hizmetleri

Market Cap: ₺12.7b

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

WITS

Market Cap: NT$8.7b

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

Econocom Group

Market Cap: €230.3m

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

Linedata Services

Market Cap: €211.9m

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

91APP

Market Cap: NT$7.5b

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: ₩349.5b

Provides IT services in Korea and internationally.

Computer Modelling Group

Market Cap: CA$309.3m

A software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services.

Profile Systems & Software

Market Cap: €185.7m

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

All for One Group

Market Cap: €171.5m

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

ULS Group

Market Cap: JP¥28.0b

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