Global Software High ROE Growth Engines

Microsoft

Market Cap: US$2.9t

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

Palantir Technologies

Market Cap: US$311.8b

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally.

Tata Consultancy Services

Market Cap: ₹7.9t

Provides information technology (IT) and IT enabled services.

Infosys

Market Cap: ₹4.5t

Provides consulting, technology, outsourcing, and digital services worldwide.

PTC

Market Cap: US$14.4b

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

Oracle Financial Services Software

Market Cap: ₹1.0t

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

Technology One

Market Cap: AU$10.0b

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

InterDigital

Market Cap: US$6.8b

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

Oracle Corporation Japan

Market Cap: JP¥1.1t

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

Elastic

Market Cap: US$6.3b

A search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally.

AppFolio

Market Cap: US$6.2b

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

Qualys

Market Cap: US$5.4b

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

Pegasystems

Market Cap: US$5.2b

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.

Softcat

Market Cap: UK£3.8b

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

Trend Micro

Market Cap: JP¥810.0b

Develops and sells security-related software for computers and the internet in Japan, the Americas, Europe, and the Asia Pacific.

FPT

Market Cap: ₫120.1t

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

Multipolar Technology

Market Cap: Rp34.7t

Provides consultation, integration, and information technology management services in Indonesia.

Karooooo

Market Cap: US$1.8b

Provides software applications for fleet management, mobile asset tracking, workforce management, and video solutions in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.

One Software Technologies

Market Cap: ₪4.6b

Provides information technology services and solutions worldwide.

Kainos Group

Market Cap: UK£909.6m

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

Systena

Market Cap: JP¥150.5b

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

Asseco Business Solutions

Market Cap: zł2.9b

Designs and develops enterprise software solutions in Poland and internationally.

Cybozu

Market Cap: JP¥118.9b

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

Bravura Solutions

Market Cap: AU$999.7m

Provides software solutions for the wealth management and transfer agency industries in Australia, the United Kingdom, New Zealand, and internationally.

Mensch und Maschine Software

Market Cap: €608.4m

Provides technical software and digitization solutions in computer aided design, manufacturing and engineering, product data and lifecycle management, and building information modeling and management areas.

baudroieinc

Market Cap: JP¥101.6b

Provides optimal IT solutions in Japan.

Edarat Communication and Information Technology

Market Cap: ر.س2.1b

Edarat Communication and Information Technology Co.

OneSpan

Market Cap: US$562.4m

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.

ARGO GRAPHICS

Market Cap: JP¥89.7b

Provides technical solutions in Japan.

Truecaller

Market Cap: SEK 5.2b

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

ExaWizards

Market Cap: JP¥80.4b

Develops AI-enabled services for industrial innovation and social problems solutions in Japan.

Objective

Market Cap: AU$663.9m

Supplies information technology software and services in Australia and internationally.

Netcad Yazilim Anonim Sirketi

Market Cap: ₺20.5b

Develops engineering and Geographic Information Systems software in Turkey.

Business Engineering

Market Cap: JP¥66.3b

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

I'LL

Market Cap: JP¥60.6b

Operates as a system solution business in Japan.

Insyde Software

Market Cap: NT$11.8b

Provides system firmware and software engineering services for companies in the mobile, desktop, server, and embedded systems industries worldwide.