Global Software Price disconnect

AppLovin

Market Cap: US$127.9b

Provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.

Intuit

Market Cap: US$107.7b

Provides financial management, payments and capital, compliance, and marketing products and services in the United States.

Adobe

Market Cap: US$96.7b

Operates as a technology company worldwide.

Workday

Market Cap: US$30.6b

Provides enterprise cloud applications in the United States and internationally.

PTC

Market Cap: US$17.2b

Operates as software company in the Americas, Europe, and the Asia Pacific.

HubSpot

Market Cap: US$11.5b

Provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific.

Nemetschek

Market Cap: €7.1b

Provides software solutions for architecture, engineering, construction, operation, and media industries in Germany, the rest of Europe, the Americas, the Asia Pacific, and internationally.

NICE

Market Cap: ₪19.5b

Provides AI-powered cloud platforms for customer engagement, and financial crime and compliance in the United States, Europe, the Middle East, Africa, and the Asia Pacific.

LG CNS

Market Cap: ₩6.1t

Operates as an IT service company in South Korea and internationally.

monday.com

Market Cap: US$3.3b

Develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally.

Qualys

Market Cap: US$3.1b

Provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally.

Kyndryl Holdings

Market Cap: US$2.9b

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

Teradata

Market Cap: US$2.4b

Provides an AI and knowledge platforms in the United States and internationally.

SPS Commerce

Market Cap: US$2.1b

Provides cloud-based supply chain management solutions in the United States.

GMO internet group

Market Cap: JP¥293.2b

Provides various Internet services worldwide.

Rakus

Market Cap: JP¥261.7b

Provides cloud services in Japan.

Atea

Market Cap: NOK 15.6b

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

Opera

Market Cap: US$1.4b

Provides mobile and PC web browsers and related products and services in Ireland, Singapore, the United States, and internationally.

Nanjing Sciyon Wisdom Technology Group

Market Cap: CN¥8.4b

Nanjing Sciyon Wisdom Technology Group Co., Ltd.

Progress Software

Market Cap: US$1.2b

Provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally.

SHIFT

Market Cap: JP¥160.4b

Provides software quality assurance and testing solutions in Japan.

Sansan

Market Cap: JP¥156.9b

Engages in the planning, development, and selling of cloud-based solutions in Japan.

ITCENGLOBAL

Market Cap: ₩1.2t

Engages in the provision of consulting, ICT, and outsourcing services and solutions in South Korea.

innoscripta

Market Cap: €670.0m

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

Viant Technology

Market Cap: US$667.7m

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.

Hansen Technologies

Market Cap: AU$934.8m

Engages in the development, integration, and support of billing and customer information systems.

Uchida Yoko

Market Cap: JP¥99.4b

Engages in providing government and education, office, and information system solutions in Japan and internationally.

GB Group

Market Cap: UK£448.0m

Provides identity data intelligence products and services in the United Kingdom, the United States, Australia, and internationally.

Cybozu

Market Cap: JP¥91.4b

Engages in the development, sale, and operation of groupware in Japan.

Docebo

Market Cap: CA$670.8m

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

Mitsubishi Research Institute

Market Cap: JP¥75.9b

Provides research, consulting, and ICT solutions to the public and private sectors in Japan.

Grid Dynamics Holdings

Market Cap: US$475.2m

Provides enterprise artificial intelligence and digital transformation services in North America, Europe, and internationally.

adesso

Market Cap: €355.6m

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

OneSpan

Market Cap: US$414.0m

Provides digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

AhnLab

Market Cap: ₩585.8b

Provides information security solutions and services for consumers, enterprises, and small and medium businesses worldwide.

Sinergi Inti Andalan Prima

Market Cap: Rp6.4t

Provides internet services in Indonesia.