Global Software High ROE Growth Engines

Microsoft

Market Cap: US$2.9t

Develops and supports software, services, devices, and solutions worldwide.

Tata Consultancy Services

Market Cap: ₹9.8t

Provides information technology (IT) and IT enabled services in the Americas, Europe, India, and internationally.

Infosys

Market Cap: ₹5.6t

Provides consulting, technology, outsourcing, and digital services in North America, Europe, India, Switzerland, and internationally.

DCI Indonesia

Market Cap: Rp535.8t

Together with its subsidiary, PT Sarana Megahtama, provides carrier-neutral data center infrastructure services in Indonesia and Southeast Asia.

Indra Sistemas

Market Cap: €9.4b

Operates as a technology and consulting company for aerospace, defense, and mobility business worldwide.

InterDigital

Market Cap: US$9.4b

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

Oracle Corporation Japan

Market Cap: JP¥1.2t

Provides software, hardware, and cloud products and solutions in Japan.

Pegasystems

Market Cap: US$7.5b

Develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.

Oracle Financial Services Software

Market Cap: ₹584.1b

Provides information technology (IT) solutions to the financial services industry worldwide.

FPT

Market Cap: ₫164.0t

Provides information technology (IT) and telecommunication products and services in Vietnam and internationally.

AppFolio

Market Cap: US$6.1b

Provides cloud-based platform for the real estate industry in the United States.

Technology One

Market Cap: AU$7.7b

Engages in the development, marketing, sale, implementation, and support of integrated enterprise business software solutions in Australia and internationally.

Trend Micro

Market Cap: JP¥729.9b

Develops and sells security-related software for computers and related services in Japan and internationally.

Multipolar Technology

Market Cap: Rp67.7t

Provides IT services and solutions in Indonesia.

Qualys

Market Cap: US$3.7b

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

Softcat

Market Cap: UK£2.2b

Operates as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom.

Rakus

Market Cap: JP¥290.3b

Provides cloud services in Japan.

ATOSS Software

Market Cap: €1.3b

Offers technology and consulting solutions for professional workforce management and demand optimized personnel deployment in Germany, Austria, Switzerland, Netherlands, Romania, and internationally.

One Software Technologies

Market Cap: ₪4.7b

Provides software, hardware, and integration services.

Karooooo

Market Cap: US$1.4b

Provides a mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.

BlackBuck

Market Cap: ₹113.4b

Provides digital platform for truck operators in India.

Kainos Group

Market Cap: UK£852.5m

Engages in the provision of digital technology services in the United Kingdom, Ireland, the Americas, Central Europe, and internationally.

Systena

Market Cap: JP¥154.1b

Engages in the solution and framework design, IT service, business solution, and cloud businesses in Japan.

Objective

Market Cap: AU$1.4b

Supplies information technology software and services in Australia and internationally.

Mensch und Maschine Software

Market Cap: €637.7m

Provides computer aided design, manufacturing, and engineering, product data management, and building information modeling/management solutions in Germany, Austria, Switzerland, the United Kingdom, Italy, France, Hungary, and internationally.

Asseco Business Solutions

Market Cap: zł2.6b

Designs and develops enterprise software solutions in Poland and internationally.

ARGO GRAPHICS

Market Cap: JP¥108.4b

Provides technical solutions in Japan.

Cybozu

Market Cap: JP¥102.3b

Develops, sells, and operates of groupware solutions in Japan.

Cerillion

Market Cap: UK£466.7m

Engages in the provision of software for billing, charging, and customer relationship management to the telecommunications sector in the United Kingdom, Europe, the Middle East and Africa, the Americas, and the Asia Pacific.

ITSEC Asia

Market Cap: Rp10.1t

Provides cybersecurity solution and services in the Asia Pacific region.

Business Engineering

Market Cap: JP¥84.2b

Designs, develops, and implements corporate information systems, primarily using ERP package products developed by other companies worldwide.

Docebo

Market Cap: CA$735.0m

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

Edarat Communication and Information Technology

Market Cap: ر.س1.9b

Edarat Communication and Information Technology Co.

FFRI Security

Market Cap: JP¥70.9b

Engages in research and consulting related to computer security products in Japan.

Alpha Data PJSC

Market Cap: د.إ1.5b

Offers system integration services.

Cigniti Technologies

Market Cap: ₹37.0b

Provides digital assurance and software testing services in India, the United States of America, and internationally.