Global Software Undervalued based on future growth

Strategy

Market Cap: US$50.7b

Operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally.

Kyndryl Holdings

Market Cap: US$6.2b

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

Progress Software

Market Cap: US$1.9b

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$8.3b

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.

TeamViewer

Market Cap: €884.5m

Provides remote connectivity solutions worldwide.

AsiaInfo Technologies

Market Cap: HK$7.2b

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

Yubico

Market Cap: SEK 6.9b

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

Hackett Group

Market Cap: US$542.1m

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

Cafe24

Market Cap: ₩794.3b

Operates an e-commerce platform worldwide.

Route Mobile

Market Cap: ₹42.6b

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

Alpha Data PJSC

Market Cap: د.إ1.6b

Offers system integration services.

Altron

Market Cap: R7.5b

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

Endava

Market Cap: US$350.9m

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

Sonda

Market Cap: CL$312.8b

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

Digital Value

Market Cap: €287.7m

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

Econocom Group

Market Cap: €267.3m

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

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.

All for One Group

Market Cap: €199.8m

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

oRo

Market Cap: JP¥32.4b

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

LOTTE INNOVATELtd

Market Cap: ₩301.8b

Provides IT services in Korea and internationally.

WM Technology

Market Cap: US$186.4m

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: ₩213.9b

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.

eCloudvalley Digital Technology

Market Cap: NT$4.2b

eCloudvalley Digital Technology Co., Ltd.

DIGITAL HEARTS HOLDINGS

Market Cap: JP¥20.7b

Engages in the debugging, media, and other businesses.

SERAKU

Market Cap: JP¥19.5b

Operates as internet system integrator in Japan.

Prevas

Market Cap: SEK 1.2b

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

Sun*

Market Cap: JP¥17.6b

Engages in the digital creative studio business in Japan.

f-code

Market Cap: JP¥17.5b

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

Human Technologies

Market Cap: JP¥16.2b

Develops and sells attendance management system.

Allied Digital Services

Market Cap: ₹8.9b

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.

Tecnotree Oyj

Market Cap: €69.0m

Provides telecommunication IT solutions for charging, billing, customer care, and messaging and content services in Europe, the Americas, the Middle East, Africa, and the Asia Pacific.

CombinedX

Market Cap: SEK 709.0m

Provides technology solutions to companies and organizations.

Cyberoo

Market Cap: €60.0m

Provides managed and cyber security services in Italy.

Raonsecure

Market Cap: ₩101.5b

Provides mobile and IoT integrated security solutions.

FLECT

Market Cap: JP¥10.4b

Engages in the provision of multi-cloud integration services for digital transformation in Japan.