U.S. Software High ROE Growth Engines

Microsoft

Market Cap: US$2.9t

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

InterDigital

Market Cap: US$9.0b

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

Pegasystems

Market Cap: US$7.0b

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.

AppFolio

Market Cap: US$5.3b

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

Qualys

Market Cap: US$2.9b

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

Karooooo

Market Cap: US$1.6b

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.

OneSpan

Market Cap: US$409.9m

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.

eGain

Market Cap: US$209.5m

Engages in the development, license, implementation, and support of its customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific.

Next Technology Holding

Market Cap: US$125.1m

Provides software development services in the United States, Hong Kong, and Singapore.

NameSilo Technologies

Market Cap: US$111.1m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

Sagtec Global

Market Cap: US$24.5m

Engages in the provision of customizable software development solutions in Malaysia.

Black Titan

Market Cap: US$10.6m

Engages in the distribution of human capital management solutions in Malaysia.

T3 Defense

Market Cap: US$9.7m

A defense-focused platform company, focuses on acquiring and operating mission-critical defense businesses embedded in national security programs in the United States and Israel.