Global Software High ROE Growth Engines

Microsoft

Market Cap: US$3.5t

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

Tata Consultancy Services

Market Cap: ₹11.9t

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

Infosys

Market Cap: ₹6.8t

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

DCI Indonesia

Market Cap: Rp583.4t

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

Check Point Software Technologies

Market Cap: US$20.2b

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

Oracle Corporation Japan

Market Cap: JP¥1.8t

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

Pegasystems

Market Cap: US$10.0b

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.

Indra Sistemas

Market Cap: €8.4b

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

AppFolio

Market Cap: US$8.5b

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

InterDigital

Market Cap: US$8.3b

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

Oracle Financial Services Software

Market Cap: ₹679.6b

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

Multipolar Technology

Market Cap: Rp112.7t

Provides IT services and solutions in Indonesia.

Technology One

Market Cap: AU$9.3b

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

FPT

Market Cap: ₫160.0t

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

Trend Micro

Market Cap: JP¥912.7b

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

Qualys

Market Cap: US$5.1b

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

Softcat

Market Cap: UK£2.9b

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

Rakus

Market Cap: JP¥378.6b

Provides cloud services in Japan.

One Software Technologies

Market Cap: ₪6.6b

Provides software, hardware, and integration services.

Kainos Group

Market Cap: UK£1.3b

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

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.

Systena

Market Cap: JP¥187.7b

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

Objective

Market Cap: AU$1.7b

Supplies information technology software and services in Australia and internationally.

Mensch und Maschine Software

Market Cap: €745.9m

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.

Cybozu

Market Cap: JP¥137.0b

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

Asseco Business Solutions

Market Cap: zł2.8b

Designs and develops enterprise software solutions in Poland and internationally.

Daily Journal

Market Cap: US$720.7m

Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, Utah, and Australia.

Truecaller

Market Cap: SEK 6.3b

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

Docebo

Market Cap: CA$872.1m

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

Business Engineering

Market Cap: JP¥96.5b

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

Cigniti Technologies

Market Cap: ₹49.5b

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

ITSEC Asia

Market Cap: Rp9.0t

Provides cybersecurity solution and services in the Asia Pacific region.

Computer Direct Group

Market Cap: ₪1.7b

Engages in the computing and software business in Israel.

Cerillion

Market Cap: UK£357.0m

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.

baudroieinc

Market Cap: JP¥72.9b

Provides optimal IT solutions in Japan.

Lime Technologies

Market Cap: SEK 4.1b

Provides software as a service (SaaS) based customer relationship management (CRM) solutions in the Nordic region.