Global Software Undervalued based on future growth

Kyndryl Holdings

Market Cap: US$5.9b

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

Progress Software

Market Cap: US$1.8b

Develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$9.6b

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.

Verint Systems

Market Cap: US$1.2b

Provides customer engagement solutions worldwide.

TeamViewer

Market Cap: €903.3m

Provides remote connectivity solutions worldwide.

Nagarro

Market Cap: €796.8m

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

Systems

Market Cap: PK₨218.4b

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.

HIVE Digital Technologies

Market Cap: CA$1.1b

A technology company, engages in the building and operating data centers powered by green energy in Bermuda.

Docebo

Market Cap: CA$893.7m

Develops and provides a learning management platform for training in North America and internationally.

Cafe24

Market Cap: ₩817.2b

Operates an e-commerce platform worldwide.

Global Dominion Access

Market Cap: €480.6m

Provides integral services for business process efficiency and sustainability worldwide.

GFT Technologies

Market Cap: €456.2m

Provides digital transformation services.

Hackett Group

Market Cap: US$500.6m

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

Route Mobile

Market Cap: ₹43.4b

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

Altron

Market Cap: R7.4b

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

Alpha Data PJSC

Market Cap: د.إ1.6b

Offers system integration services.

Hancom

Market Cap: ₩582.2b

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

Endava

Market Cap: US$346.6m

Provides technology services in North America, Europe, the United Kingdom, and internationally.

Digital Value

Market Cap: €286.2m

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

Econocom Group

Market Cap: €274.3m

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

Sonda

Market Cap: CL$293.7b

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

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.

All for One Group

Market Cap: €188.6m

Provides business software solutions for SAP, Microsoft, and IBM primarily in Germany, Switzerland, Austria, Poland, Luxembourg, and internationally.

oRo

Market Cap: JP¥32.1b

Engages in the provision of cloud and digital transformation solutions in Japan.

LOTTE INNOVATELtd

Market Cap: ₩298.8b

Provides IT services in Korea and internationally.

WM Technology

Market Cap: US$152.7m

An online cannabis marketplace, provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally.

Hecto Innovation

Market Cap: ₩216.9b

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

Enea

Market Cap: SEK 1.3b

Provides software products for telecom and cybersecurity industries worldwide.

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥21.5b

Engages in the debugging, media, and other businesses.

eCloudvalley Digital Technology

Market Cap: NT$4.3b

eCloudvalley Digital Technology Co., Ltd.

f-code

Market Cap: JP¥20.1b

f-Code Inc. provides digital customer acquisition and development support services in Japan.

SERAKU

Market Cap: JP¥19.9b

Operates as internet system integrator in Japan.

Sun*

Market Cap: JP¥19.1b

Engages in the digital creative studio business in Japan.

Allied Digital Services

Market Cap: ₹9.7b

Designs, develops, deploys, and delivers end-to-end IT infrastructure services and digital solutions in India, rest of Asia, the United States, Australia, Europe, and the Middle East.

Prevas

Market Cap: SEK 1.0b

Provides technical solutions in Sweden, Denmark, Finland, and internationally.

WebCash

Market Cap: ₩135.7b

Provides B2B fintech platform solutions for business.