Global Software Low Leverage High Rewards

R&D ComputerLtd

Market Cap: JP¥16.8b

Provides system integration, infrastructure, package, cloud, and embedded control system solutions in Japan.

R Systems International

Market Cap: ₹50.6b

A digital product engineering company, designs and builds chip-to-cloud software products and platforms.

Integrated Research

Market Cap: AU$59.6m

Designs, develops, implements, and sells software for business-critical computing, unified communication, and payment networks.

Quest

Market Cap: JP¥8.4b

Provides IT services and solutions in Japan.

Logo Yazilim Sanayi ve Ticaret

Market Cap: ₺15.1b

Develops and markets software solutions in Turkey and internationally.

Novotek

Market Cap: SEK 913.7m

Novotek AB delivers solutions in the industrial IT and automation areas in Sweden, Norway, Denmark, Finland, Benelux countries, the United Kingdom, Ireland, and Switzerland.

Ifirma

Market Cap: zł192.3m

IFirma SA provides accounting services. The company operates a website, ifirma.pl, which offers services and tools for tax settlements and supporting business activities.

Softcat

Market Cap: UK£2.9b

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

Capgemini

Market Cap: €24.7b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Sopra Steria Group

Market Cap: €3.0b

Provides consulting, digital, and software development services in France and internationally.

Otsuka Information Technology

Market Cap: NT$2.9b

Designs, trades, maintains, imports, and exports hardware, software, computers, networks, and accessories in Taiwan and China.

Japan Process Development

Market Cap: JP¥16.9b

Provides system integration and software development services in Japan.

Alpha Data PJSC

Market Cap: د.إ1.7b

Offers system integration services.

Osangjaiel

Market Cap: ₩70.3b

Primarily engages in the product life cycle management (PLM) and system integration business in South Korea.

GSI

Market Cap: JP¥2.5b

GSI Co., Ltd. is involved in the software development and maintenance in Japan.

Trend Micro

Market Cap: JP¥912.7b

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

BIPROGY

Market Cap: JP¥539.0b

Provides cloud computing and outsourcing services in Japan.

Mercuries Data Systems

Market Cap: NT$5.4b

Engages in the sales, leasing, and maintenance of intelligence automation machines in financial services in Taiwan.

Digia Oyj

Market Cap: €170.3m

Operates as a software and service company in Finland, Sweden, and internationally.

Prevas

Market Cap: SEK 1.2b

Provides technical solutions in Sweden, Denmark, Finland, and internationally.

Cancom

Market Cap: €845.0m

Provides information technology services in Germany and internationally.

One Software Technologies

Market Cap: ₪6.6b

Provides software, hardware, and integration services.

Fujian Apex SoftwareLTD

Market Cap: CN¥7.5b

Operates as a platform-based digital service provider company in China.

Solution Dynamics

Market Cap: NZ$9.3m

Provides customer communication solutions in New Zealand, Australia, the United States, and Europe.

Miroku Jyoho Service

Market Cap: JP¥56.6b

Provides systems and solutions to tax accounting and CPA firms, and their client companies, and small/mid-sized companies in Japan.

JBCC Holdings

Market Cap: JP¥102.9b

Through its subsidiaries, provides information technology (IT) services in Japan.

BII Railway Transportation Technology Holdings

Market Cap: HK$702.5m

An investment holding company, provides intelligent rail transit system services in the People’s Republic of China.

Cross Cat

Market Cap: JP¥14.6b

Engages in information services and related operations in Japan.

Aubay Société Anonyme

Market Cap: €699.2m

Provides application services in Belgium, Luxembourg, Spain, Portugal, Italy, France, and the United Kingdom.

Altron

Market Cap: R7.6b

Engages in information communication and technology business in South Africa, rest of Africa, Europe, and internationally.

Oxford Metrics

Market Cap: UK£52.8m

Operates as a smart sensing and software company in the United Kingdom.

Azeus Systems Holdings

Market Cap: S$357.0m

An investment holding company, provides IT products and services in Hong Kong, rest of Asia, the United Kingdom, rest of Europe, Australia, New Zealand, North America, South America, the Middle East, and Africa.

Cube System

Market Cap: JP¥16.6b

Provides system solutions in Japan and internationally.

PCA

Market Cap: JP¥37.5b

Develops and sells computer software in Japan.

JFE Systems

Market Cap: JP¥73.4b

Engages in the planning, designing, developing, operating, and maintenance of information systems in Japan.

TechMatrix

Market Cap: JP¥93.8b

Engages in the information infrastructure and application service business in Japan.