Global Software High ROE Growth Engines

Microsoft

Market Cap: US$3.5t

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

Accenture

Market Cap: US$195.1b

Provides strategy and consulting, industry X, song, and technology and operation services in North America, Europe, the Middle East, Africa, and internationally.

Infosys

Market Cap: ₹6.7t

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

HCL Technologies

Market Cap: ₹4.7t

Provides IT and business services, engineering and research and development services, and modernized software products and IP-led offerings.

Check Point Software Technologies

Market Cap: US$23.7b

Develops, markets, and supports a range of products and services for IT security worldwide.

DCI Indonesia

Market Cap: Rp366.4t

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

Elm

Market Cap: ر.س75.0b

Provides information security services for government entities, individuals, and private sector companies in Saudi Arabia.

Oracle Corporation Japan

Market Cap: JP¥2.2t

Engages in the development and sale of software and hardware products and solutions in Japan.

Trend Micro

Market Cap: JP¥1.4t

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

Oracle Financial Services Software

Market Cap: ₹841.0b

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

Technology One

Market Cap: AU$13.3b

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

Pegasystems

Market Cap: US$8.5b

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.

AppFolio

Market Cap: US$8.1b

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

Arabian Internet and Communication Services

Market Cap: ر.س30.2b

Offers information communication and technology and other services to healthcare, real estate, education, government, oil and gas, telecom, and banking sectors.

Clearwater Analytics Holdings

Market Cap: US$6.3b

Develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally.

Fortnox

Market Cap: SEK 54.8b

Provides smart technical products, packages, services, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations in Sweden.

Qualys

Market Cap: US$5.0b

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

Softcat

Market Cap: UK£3.7b

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

Tata Elxsi

Market Cap: ₹397.1b

Engages in the provision of product design and engineering, and systems integration and support services in India, the United States, Europe, and internationally.

KPIT Technologies

Market Cap: ₹381.3b

Provides embedded software, artificial intelligence, and digital solutions for the automobile and mobility sector in the Americas, the United Kingdom, Europe, and internationally.

Multipolar Technology

Market Cap: Rp61.0t

Provides IT services and solutions in Indonesia.

Rakus

Market Cap: JP¥415.7b

Provides cloud services in Japan.

Truecaller

Market Cap: SEK 23.2b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

Qt Group Oyj

Market Cap: €1.4b

Offers cross-platform solutions for the software development lifecycle in Finland, rest of Europe, the Asia Pacific, and North America.

One Software Technologies

Market Cap: ₪5.5b

Provides software, hardware, and integration services.

Karooooo

Market Cap: US$1.5b

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.

Kainos Group

Market Cap: UK£925.1m

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

Objective

Market Cap: AU$1.8b

Supplies information technology software and services in Australia and internationally.

Cybozu

Market Cap: JP¥163.3b

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

Mensch und Maschine Software

Market Cap: €924.1m

Provides computer aided design, manufacturing, and engineering (CAD/CAM/CAE), product data management, and building information modeling/management solutions in Germany and internationally.

Systena

Market Cap: JP¥145.5b

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

Intelligo Technology

Market Cap: NT$26.9b

Intelligo Technology, Inc. provides artificial intelligence solutions that enhance human-to-human and human-to-machine communications.

Docebo

Market Cap: CA$1.1b

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

Asseco Business Solutions

Market Cap: zł2.8b

Designs and develops enterprise software solutions in Poland and internationally.

baudroieinc

Market Cap: JP¥102.9b

Provides optimal IT solutions in Japan.

Cerillion

Market Cap: UK£464.6m

Provides software for billing, charging, and customer relationship management (CRM) to the telecommunications sector in the United Kingdom, Europe, the Middle East, the Americas, and the Asia Pacific.