Microsoft
|
United States of America |
Productivity Software,
AI Conglomerates,
Cloud Infrastructure,
Gaming - Console & PC,
Search Engines
|
$510
|
$3.76T |
12.9x |
22.3x |
Alphabet
|
United States of America |
Search Engines,
AdTech Software,
Streaming,
Cloud Infrastructure,
AI Conglomerates,
Productivity Software
|
$241
|
$2.86T |
7.5x |
16.9x |
Oracle
|
United States of America |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers,
AI Conglomerates
|
$292
|
$925B |
15.4x |
28.3x |
Palantir
|
United States of America |
BI & Analytics Software,
Data Infrastructure,
Public Sector & Non-Profit Software,
IT Consulting,
Defense Systems,
Pure-Play AI Software
|
$171
|
$401B |
106.4x |
235.1x |
Alibaba Group
|
Hong Kong |
Consumer E-commerce,
B2B E-commerce,
Horizontal E-commerce,
Vertical E-commerce,
Consumer Marketplaces,
Cloud Infrastructure
|
HKD 151
|
$344B |
2.4x |
13.3x |
SAP
|
Germany |
ERP Software,
Financial Management Software,
Human Capital Management Software,
AI Conglomerates
|
€220
|
$298B |
7.0x |
24.2x |
IBM
|
United States of America |
IT Consulting,
Cloud Infrastructure,
Network Management,
Cybersecurity,
Electronic Equipment,
AI Conglomerates
|
$253
|
$288B |
4.4x |
16.6x |
Cisco
|
United States of America |
Networking Hardware,
Electronic Equipment,
Cloud Infrastructure
|
$67
|
$275B |
4.8x |
12.3x |
Salesforce
|
United States of America |
Sales & Marketing Automation Software,
ERP Software,
Productivity Software,
Vertical AI Applications
|
$243
|
$227B |
5.7x |
13.9x |
AppLovin
|
United States of America |
AdTech Software
|
$582
|
$199B |
37.7x |
51.8x |
ServiceNow
|
United States of America |
IT Operations Management,
Cloud Infrastructure,
BI & Analytics Software,
Vertical AI Applications
|
$929
|
$189B |
15.1x |
43.7x |
Intuit
|
United States of America |
Financial Management Software
|
$646
|
$182B |
9.5x |
22.7x |
Shopify
|
Canada |
E-commerce Software,
Payment Service Providers,
FinTech Infrastructure,
Supply Chain Management Software
|
CAD 198
|
$182B |
17.1x |
102.4x |
S&P Global
|
United States of America |
Financial Data & Information,
Financial Services Software
|
$544
|
$176B |
11.9x |
23.8x |
Adobe
|
United States of America |
Design & Engineering Software,
Content Management Software,
Productivity Software,
Vertical AI Applications
|
$349
|
$149B |
6.4x |
13.1x |
Palo Alto Networks
|
United States of America |
Cybersecurity
|
$196
|
$129B |
13.7x |
43.7x |
Tata Consultancy Services
|
India |
IT Consulting,
Cloud Infrastructure
|
INR 3133
|
$125B |
4.3x |
16.0x |
CrowdStrike
|
United States of America |
Cybersecurity,
Vertical AI Applications
|
$436
|
$105B |
23.6x |
90.3x |
Strategy
|
United States of America |
BI & Analytics Software,
Productivity Software,
Blockchain & Crypto,
Asset Management
|
$331
|
$105B |
228.0x |
3412.5x |
Dell
|
United States of America |
Consumer Electronics,
Data Storage,
Electronic Equipment,
Cloud Infrastructure,
AI Chips & Hardware
|
$125
|
$105B |
1.0x |
9.0x |
Fiserv
|
United States of America |
Financial Services Software,
BPO Services
|
$134
|
$102B |
5.0x |
10.3x |
Moody's
|
United States of America |
Financial Data & Information,
Financial Services Software,
Vertical AI Applications
|
$512
|
$96.9B |
13.1x |
26.7x |
RELX
|
United Kingdom of Great Britain and Northern Ireland |
BI & Analytics Software,
Market Research
|
£34
|
$93.6B |
7.2x |
18.1x |
Cadence Design Systems
|
United States of America |
Design & Engineering Software,
Industrial Software
|
$343
|
$93.3B |
18.4x |
39.5x |
Synopsys
|
United States of America |
Design & Engineering Software
|
$425
|
$91.6B |
13.3x |
33.1x |
Thomson Reuters
|
Canada |
Market Research,
Financial Data & Information,
Financial Services Software,
BI & Analytics Software
|
CAD 240
|
$79.4B |
10.6x |
27.3x |
Cloudflare
|
United States of America |
Cybersecurity,
Cloud Infrastructure
|
$221
|
$76.6B |
38.6x |
183.5x |
Snowflake
|
United States of America |
Data Infrastructure,
DevOps,
Pure-Play AI Software
|
$221
|
$74.0B |
17.5x |
161.8x |
Constellation Software
|
Canada |
Automotive Software,
Education Software,
Financial Services Software,
Industrial Software,
Professional Services Software,
Public Sector & Non-Profit Software
|
CAD 4393
|
$69.8B |
6.2x |
22.2x |
Autodesk
|
United States of America |
Design & Engineering Software,
Industrial Software,
Automotive Software,
3D Printing
|
$319
|
$68.5B |
10.2x |
26.3x |
Infosys
|
India |
IT Consulting,
Cloud Infrastructure
|
INR 1526
|
$68.3B |
N/A |
N/A |
CoreWeave
|
United States of America |
Cloud Infrastructure,
AI Chips & Hardware
|
$112
|
$68.1B |
16.0x |
24.8x |
Roper Technologies
|
United States of America |
Diversified Industrials,
Network Management,
Electronic Components,
Healthcare Software,
ERP Software,
Transportation & Logistics Software
|
$513
|
$63.8B |
8.3x |
20.8x |
Fortinet
|
United States of America |
Cybersecurity
|
$80
|
$57.5B |
8.8x |
25.1x |
Workday
|
United States of America |
Human Capital Management Software,
ERP Software,
Financial Management Software,
Vertical AI Applications
|
$223
|
$55.2B |
6.1x |
19.4x |
IDEXX Laboratories
|
United States of America |
Medical Devices,
Laboratory Services,
Healthcare Software
|
$641
|
$52.4B |
12.7x |
36.8x |
Paychex
|
United States of America |
Human Capital Management Software
|
$135
|
$51.9B |
8.9x |
19.3x |
Fidelity Information Services
|
United States of America |
IT Consulting,
Financial Services Software
|
$67
|
$47.3B |
4.5x |
11.1x |
IQVIA
|
United States of America |
Contract Research & Manufacturing,
Health Data & Analytics,
Healthcare Software
|
$187
|
$45.3B |
2.8x |
12.1x |
Datadog
|
United States of America |
IT Operations Management,
Data Infrastructure,
BI & Analytics Software,
Vertical AI Applications
|
$137
|
$45.0B |
14.3x |
59.8x |
Atlassian
|
United States of America |
Communication & Collaboration Software,
Developer Tools,
Productivity Software
|
$175
|
$44.2B |
8.2x |
32.3x |
DCI Indonesia
|
Indonesia |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
IDR 303500
|
$44.0B |
N/A |
N/A |
Zscaler
|
United States of America |
Cybersecurity
|
$283
|
$43.1B |
15.7x |
61.2x |
HCLTech
|
India |
IT Consulting,
Cloud Infrastructure,
BPO Services,
Business Consulting
|
INR 1467
|
$42.5B |
3.1x |
14.4x |
Dassault Systemes
|
France |
Design & Engineering Software,
Industrial Software,
Transportation & Logistics Software,
Automotive Software
|
€27
|
$40.3B |
5.4x |
15.4x |
Fair Isaac
|
United States of America |
Financial Services Software,
BI & Analytics Software
|
$1544
|
$39.7B |
20.1x |
36.3x |
Verisk Analytics
|
United States of America |
Business Consulting,
Governance, Risk & Compliance Software,
BI & Analytics Software,
Financial Services Software
|
$262
|
$39.4B |
12.9x |
23.4x |
Veeva
|
United States of America |
Healthcare Software
|
$276
|
$39.0B |
13.0x |
29.7x |
Amadeus IT Group
|
Spain |
Travel & Hospitality Software,
Online Travel,
B2B Marketplaces
|
€68
|
$37.1B |
4.9x |
13.0x |
Baidu
|
Hong Kong |
Search Engines,
AdTech Software,
Streaming,
Cloud Infrastructure,
AI Conglomerates,
Productivity Software
|
HKD 115
|
$36.1B |
2.0x |
9.9x |
CoStar Group
|
United States of America |
Real Estate Software,
Vertical Marketplaces,
Consumer Marketplaces,
Real Estate Services
|
$87
|
$34.0B |
11.2x |
98.6x |
Wolters Kluwer
|
Netherlands |
Market Research,
Financial Data & Information,
Publishing,
BI & Analytics Software
|
€107
|
$33.7B |
4.7x |
14.0x |
Broadridge
|
United States of America |
Financial Services Software,
Financial Data & Information
|
$252
|
$32.4B |
4.7x |
18.9x |
SS&C Technologies
|
United States of America |
Financial Services Software,
Professional Services Software
|
$89
|
$28.3B |
4.6x |
11.8x |
Aristocrat Leisure
|
Australia |
Casinos & Gambling,
Online Betting,
Travel & Hospitality Software
|
AUD 67
|
$27.9B |
6.8x |
16.3x |
VeriSign
|
United States of America |
IT Operations Management,
Cloud Infrastructure,
Network Management
|
$286
|
$27.9B |
17.2x |
22.7x |
Corpay
|
United States of America |
Financial Management Software,
B2B Payments
|
$307
|
$27.6B |
6.4x |
12.3x |
CDW
|
United States of America |
IT Consulting,
Cloud Infrastructure
|
$164
|
$26.8B |
1.2x |
12.8x |
Hithink RoyalFlush Info
|
China |
Financial Services Software,
Financial Data & Information,
Electronic Trading
|
CNY 365
|
$26.5B |
36.9x |
78.7x |
Gen Digital
|
United States of America |
Cybersecurity
|
$29
|
$26.0B |
6.0x |
10.9x |
PTC
|
United States of America |
Design & Engineering Software,
IoT,
Industrial Software
|
$205
|
$25.8B |
10.0x |
22.0x |
Wipro
|
India |
IT Consulting,
Cloud Infrastructure,
BPO Services
|
INR 252
|
$25.7B |
2.5x |
12.6x |
Fresenius Medical Care
|
Germany |
Medical Devices,
Medical Supplies,
Healthcare Software
|
€43
|
$25.6B |
1.1x |
6.2x |
MongoDB
|
United States of America |
Data Infrastructure,
Cloud Infrastructure,
DevOps,
Developer Tools,
Pure-Play AI Software
|
$330
|
$24.5B |
11.0x |
74.0x |
HubSpot
|
United States of America |
Sales & Marketing Automation Software
|
$491
|
$24.5B |
8.3x |
37.9x |
NetApp
|
United States of America |
Data Storage,
Data Centers,
Cloud Infrastructure
|
$124
|
$24.2B |
3.6x |
11.5x |
Tyler Technologies
|
United States of America |
Public Sector & Non-Profit Software,
Education Software,
ERP Software
|
$545
|
$23.3B |
10.2x |
36.3x |
CyberArk Software
|
United States of America |
Cybersecurity
|
$466
|
$23.2B |
18.8x |
84.7x |
CGI
|
Canada |
IT Consulting,
Cloud Infrastructure
|
CAD 129
|
$23.1B |
2.0x |
10.0x |
GoDaddy
|
United States of America |
Cloud Infrastructure,
E-commerce Software
|
$145
|
$22.9B |
4.8x |
15.2x |
Toast
|
United States of America |
POS & Retail Management Software,
Payments POS
|
$40
|
$21.6B |
3.8x |
41.5x |
Nebius Group
|
United States of America |
Cloud Infrastructure,
IT Consulting
|
$90
|
$21.1B |
48.7x |
-183.4x |
Guidewire
|
United States of America |
Financial Services Software
|
$253
|
$20.9B |
17.1x |
87.7x |
WiseTech Global
|
Australia |
Transportation & Logistics Software,
Navigation & Mapping
|
AUD 95
|
$20.8B |
22.7x |
48.8x |
theTradeDesk
|
United States of America |
AdTech Software
|
$45
|
$20.7B |
7.6x |
19.0x |
Nutanix
|
United States of America |
Cloud Infrastructure,
Data Infrastructure
|
$79
|
$20.7B |
8.0x |
33.4x |
Pro Medicus
|
Australia |
Healthcare Software,
Medical Imaging & Diagnostics
|
AUD 298
|
$20.3B |
136.0x |
175.9x |
Kingsoft Office Software
|
China |
Productivity Software
|
CNY 306
|
$19.5B |
24.5x |
81.8x |
Check Point Software
|
United States of America |
Cybersecurity
|
$195
|
$19.4B |
7.3x |
17.0x |
Unity
|
United States of America |
Design & Engineering Software,
VR & AR,
Video & Streaming Software
|
$44
|
$18.9B |
10.5x |
49.1x |
iFlytek
|
China |
Vertical AI Applications,
Communication & Collaboration Software
|
CNY 51
|
$17.5B |
4.7x |
42.3x |
Zoom
|
United States of America |
Communication & Collaboration Software,
Video & Streaming Software,
Vertical AI Applications
|
$84
|
$17.4B |
3.7x |
8.6x |
F5
|
United States of America |
Cybersecurity,
Network Management
|
$322
|
$17.3B |
5.7x |
15.2x |
Xero
|
Australia |
Financial Management Software
|
AUD 162
|
$17.3B |
12.6x |
40.9x |
Bentley Systems
|
United States of America |
Design & Engineering Software,
Real Estate Software,
Industrial Software
|
$53
|
$17.3B |
11.9x |
34.0x |
Snap-on
|
United States of America |
Machinery,
Industrial Software,
Industrial Parts,
Building Products
|
$334
|
$17.2B |
3.7x |
11.9x |
ICON plc
|
United States of America |
Contract Research & Manufacturing,
Healthcare Software,
Health Data & Analytics
|
$175
|
$16.8B |
2.1x |
10.3x |
Tempus AI
|
United States of America |
Health Data & Analytics,
Vertical AI Applications
|
$86
|
$15.6B |
14.3x |
-556.8x |
Docusign
|
United States of America |
Content Management Software,
Governance, Risk & Compliance Software
|
$80
|
$15.4B |
4.9x |
15.3x |
Akamai Technologies
|
United States of America |
Cloud Infrastructure
|
$77
|
$15.3B |
3.7x |
8.9x |
Sage
|
United Kingdom of Great Britain and Northern Ireland |
Financial Management Software,
ERP Software
|
£11
|
$15.2B |
4.5x |
17.3x |
FactSet
|
United States of America |
Financial Data & Information,
Financial Services Software
|
$362
|
$14.9B |
6.4x |
16.2x |
OBIC
|
Japan |
ERP Software,
IT Consulting
|
JPY 5431
|
$14.9B |
17.3x |
25.8x |
Open Text
|
Canada |
IT Operations Management,
Productivity Software,
DevOps,
Pure-Play AI Software
|
CAD 49
|
$14.6B |
2.8x |
8.1x |
Nemetschek
|
Germany |
Design & Engineering Software
|
€105
|
$14.5B |
11.0x |
35.4x |
Computershare
|
Australia |
Financial Services Software
|
AUD 36
|
$14.4B |
4.6x |
11.6x |
Rubrik
|
United States of America |
Cybersecurity
|
$74
|
$14.3B |
13.0x |
-116.7x |
Twilio
|
United States of America |
Communication & Collaboration Software
|
$102
|
$14.3B |
3.0x |
15.1x |
CACI International
|
United States of America |
IT Consulting,
Cybersecurity
|
$496
|
$14.1B |
1.6x |
14.3x |
Okta
|
United States of America |
Cybersecurity
|
$90
|
$14.0B |
5.0x |
19.2x |