Commercial Services Tech Sector

Crane NXT

Market Cap: US$3.0b

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

Pony AI

Market Cap: US$3.0b

Through its subsidiaries, engages in the autonomous mobility business in the People’s Republic of China and internationally.

NetScout Systems

Market Cap: US$2.9b

Provides carrier service assurance, cybersecurity, and Distributed Denial-of-Service (DDoS) solutions to protect digital business services against disruptions.

Workiva

Market Cap: US$2.9b

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

Diebold Nixdorf

Market Cap: US$2.9b

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

Freshworks

Market Cap: US$2.9b

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.

Cohu

Market Cap: US$2.8b

Through its subsidiaries, provides semiconductor test equipment and services in the United States, Taiwan, China, Malaysia, the Philippines, Singapore, and internationally.

Keel Infrastructure

Market Cap: US$2.8b

Operates digital and energy infrastructure with focus on high-performance computing (HPC) and artificial intelligence (AI) workloads in North America, Canada, and the United States.

Vistance Networks

Market Cap: US$2.7b

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.

Kingsoft Cloud Holdings

Market Cap: US$2.7b

Provides cloud services to businesses and organizations primarily in China.

Digi International

Market Cap: US$2.7b

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.

Kyndryl Holdings

Market Cap: US$2.7b

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

Infleqtion

Market Cap: US$2.7b

Engages in the development and commercialization of quantum technology products in the United States, Europe, and Asia.

Braze

Market Cap: US$2.7b

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

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.

Rogers

Market Cap: US$2.6b

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.

PDF Solutions

Market Cap: US$2.5b

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.

Alarm.com Holdings

Market Cap: US$2.5b

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

Calix

Market Cap: US$2.5b

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.

AvePoint

Market Cap: US$2.4b

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

T1 Energy

Market Cap: US$2.4b

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

ChronoScale Holdings

Market Cap: US$2.4b

Designs and develops a compute platform to support artificial intelligence (AI) workloads.

Megaport

Market Cap: AU$3.4b

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

Himax Technologies

Market Cap: US$2.3b

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

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.

LiveRamp Holdings

Market Cap: US$2.3b

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

VNET Group

Market Cap: US$2.3b

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

NextNav

Market Cap: US$2.2b

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

Aehr Test Systems

Market Cap: US$2.2b

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.

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.

SPS Commerce

Market Cap: US$2.2b

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

Intapp

Market Cap: US$2.1b

Through its subsidiary, Integration Appliance, Inc., provides AI-powered solutions in the United States, the United Kingdom, and internationally.

ePlus

Market Cap: US$2.1b

Provides information technology (IT) solutions that enable organizations to optimize IT environment and supply chain processes in the United States and internationally.

Wix.com

Market Cap: US$2.1b

Operates a cloud-based web development platform for registered users and creators in the United States, Europe, Israel, and internationally.