Commercial Services Tech Sector

Aehr Test Systems

Market Cap: US$3.0b

Provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, package part form, and installed systems in the United States, Asia, and Europe.

Kinaxis

Market Cap: CA$4.2b

Provides cloud-based subscription software-as-a-service for supply chain operations in the United States, Europe, Asia, and Canada.

Q2 Holdings

Market Cap: US$3.0b

Provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States.

Ambarella

Market Cap: US$2.9b

Develops low-power system-on-a-chip, semiconductors, and software for edge and physical artificial intelligence, applications, and intelligent automation.

Rogers

Market Cap: US$2.9b

Designs, develops, manufactures, and sells engineered materials and components in the United States, other Americas, China, other Asia Pacific countries, Germany, Europe, the Middle East, and Africa.

Vistance Networks

Market Cap: US$2.9b

Provides infrastructure solutions for communications, data center, and entertainment networks in the United States, Europe, the Middle East, Africa, the Asia Pacific, Caribbean, and Latin America.

Agilysys

Market Cap: US$2.9b

Operates as a developer and marketer of software-enabled solutions and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India.

Diebold Nixdorf

Market Cap: US$2.9b

Engages in the automating, digitizing, and transforming the way people bank and shop worldwide.

CCC Intelligent Solutions Holdings

Market Cap: US$2.9b

Operates as a software as a service (SaaS) company for the property and casualty insurance economy in the United States and China.

Crane NXT

Market Cap: US$2.8b

Operates as an industrial technology company that provides technology solutions to secure, detect, and authenticate customers’ important assets.

Freshworks

Market Cap: US$2.8b

A software development company, provides software-as-a-service products in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Fastly

Market Cap: US$2.8b

Operates an edge cloud platform for processing, serving, and securing its customer’s applications in the United States, the Asia Pacific, Europe, and internationally.

SoundHound AI

Market Cap: US$2.8b

Provides independent voice artificial intelligence (AI) solutions that enables businesses across the automotive, TV, IoT, and customer service industries to deliver conversational experiences to customers in the United States, Korea, France, Japan, Germany, and internationally.

Digi International

Market Cap: US$2.8b

Provides business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally.

PDF Solutions

Market Cap: US$2.8b

Provides proprietary software, physical intellectual property for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, Japan, China, and internationally.

Workiva

Market Cap: US$2.7b

Provides cloud-based reporting solutions in the United States and internationally.

Kingsoft Cloud Holdings

Market Cap: US$2.7b

Provides cloud services to businesses and organizations primarily in China.

Megaport

Market Cap: AU$3.8b

Provides on-demand interconnection services in Australia, New Zealand, Hong Kong, Singapore, Japan, the United States of America, Canada, Mexico, and Brazil, and Europe.

A10 Networks

Market Cap: US$2.6b

Provides secure application and network infrastructure solutions in the United States, the rest of Americas, Japan, rest of the Asia Pacific, Europe, the Middle East, and Africa.

Himax Technologies

Market Cap: US$2.5b

A fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, Korea, Japan, the United States, Mexico, and internationally.

T1 Energy

Market Cap: US$2.5b

Provides energy solutions for solar modules and cells in the United States, Norway and internationally.

Kyndryl Holdings

Market Cap: US$2.5b

Operates as a technology services company and IT infrastructure services provider in the United States, Japan, and internationally.

NextNav

Market Cap: US$2.4b

Provides positioning, navigation, and timing (PNT) solutions in the United States.

Braze

Market Cap: US$2.4b

Operates a customer engagement platform that provides interactions between consumers and brands worldwide.

AvePoint

Market Cap: US$2.3b

Provides cloud-native data management software platform in North America, Europe, the Middle East, Africa, and the Asia Pacific.

Calix

Market Cap: US$2.3b

Engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Alarm.com Holdings

Market Cap: US$2.3b

Operates a platform for connected properties in North America and internationally.

LiveRamp Holdings

Market Cap: US$2.2b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

Quantum Computing

Market Cap: US$2.2b

An integrated photonics company, provides quantum machines to commercial and government markets in the United States.

Oxford Instruments

Market Cap: UK£1.7b

Provides scientific technology products and services for academic and commercial organizations in the United Kingdom, North America, China, Japan, Germany, Rest of Europe, Rest of Asia, and internationally.

Arteris

Market Cap: US$2.2b

Provides semiconductor system intellectual property (IP) solutions in the United States, rest of the Americas, China, Korea, the rest of the Asia Pacific, Europe, and the Middle East.

Wolfspeed

Market Cap: US$2.1b

A semiconductor company, focuses on silicon carbide materials and devices for power applications in Europe, Hong Kong, Singapore, China, rest of Asia Pacific, Japan, the United States, and internationally.

VNET Group

Market Cap: US$2.1b

An investment holding company, provides data center hosting and related services in China.

SPS Commerce

Market Cap: US$2.1b

Provides cloud-based supply chain management solutions in the United States.

Raspberry Pi Holdings

Market Cap: UK£1.6b

Designs and develops single-board computers, compute module, and semiconductors in the United Kingdom, Europe, the United States, Asia Pacific, and internationally.

Boost Run

Market Cap: US$2.1b

Develops and provides cloud infrastructure for artificial intelligence (AI) and computing workloads.