|
Alphabet
|
United States of America |
Search Engines,
AdTech Software,
Streaming,
Cloud Infrastructure,
AI Conglomerates,
Productivity Software
|
$304
|
$3.61T |
9.0x |
20.3x |
|
Microsoft
|
United States of America |
Productivity Software,
AI Conglomerates,
Cloud Infrastructure,
Gaming - Console & PC,
Search Engines
|
$400
|
$2.94T |
9.6x |
16.2x |
|
Oracle
|
United States of America |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers,
AI Conglomerates
|
$160
|
$565B |
9.0x |
16.4x |
|
Alibaba Group
|
Hong Kong |
Consumer E-commerce,
B2B E-commerce,
Horizontal E-commerce,
Vertical E-commerce,
Consumer Marketplaces,
Cloud Infrastructure
|
HKD 155
|
$365B |
2.5x |
16.5x |
|
Cisco
|
United States of America |
Networking Hardware,
Electronic Equipment,
Cloud Infrastructure
|
$77
|
$318B |
5.4x |
13.9x |
|
IBM
|
United States of America |
IT Consulting,
Cloud Infrastructure,
Network Management,
Cybersecurity,
Electronic Equipment,
AI Conglomerates
|
$262
|
$295B |
4.4x |
16.0x |
|
SAP
|
Germany |
ERP Software,
Financial Management Software,
Human Capital Management Software,
AI Conglomerates
|
€172
|
$236B |
5.4x |
17.2x |
|
Salesforce
|
United States of America |
Sales & Marketing Automation Software,
ERP Software,
Productivity Software,
Vertical AI Applications
|
$188
|
$176B |
4.3x |
10.3x |
|
Shopify
|
Canada |
E-commerce Software,
Payment Service Providers,
FinTech Infrastructure,
Supply Chain Management Software
|
CAD 153
|
$142B |
12.0x |
70.8x |
|
AppLovin
|
United States of America |
AdTech Software
|
$391
|
$133B |
23.3x |
30.1x |
|
Palo Alto Networks
|
United States of America |
Cybersecurity
|
$167
|
$131B |
13.4x |
42.2x |
|
Intuit
|
United States of America |
Financial Management Software
|
$399
|
$114B |
5.8x |
13.7x |
|
ServiceNow
|
United States of America |
IT Operations Management,
Cloud Infrastructure,
BI & Analytics Software,
Vertical AI Applications
|
$108
|
$109B |
8.2x |
23.1x |
|
Adobe
|
United States of America |
Design & Engineering Software,
Content Management Software,
Productivity Software,
Vertical AI Applications
|
$263
|
$108B |
4.5x |
9.2x |
|
CrowdStrike
|
United States of America |
Cybersecurity,
Vertical AI Applications
|
$430
|
$104B |
22.0x |
81.9x |
|
Tata Consultancy Services
|
India |
IT Consulting,
Cloud Infrastructure
|
INR 2692
|
$102B |
3.5x |
13.2x |
|
Dell
|
United States of America |
Consumer Electronics,
Data Storage,
Electronic Equipment,
Cloud Infrastructure,
AI Chips & Hardware
|
$117
|
$99.5B |
0.9x |
8.2x |
|
Synopsys
|
United States of America |
Design & Engineering Software
|
$437
|
$95.0B |
12.7x |
31.7x |
|
Cloudflare
|
United States of America |
Cybersecurity,
Cloud Infrastructure
|
$196
|
$68.3B |
31.9x |
142.4x |
|
CoreWeave
|
United States of America |
Cloud Infrastructure,
AI Chips & Hardware
|
$96
|
$66.9B |
13.1x |
21.3x |
|
RELX
|
United Kingdom of Great Britain and Northern Ireland |
BI & Analytics Software,
Market Research
|
£22
|
$63.6B |
4.8x |
12.0x |
|
Snowflake
|
United States of America |
Data Infrastructure,
DevOps,
Pure-Play AI Software
|
$182
|
$61.7B |
13.5x |
101.9x |
|
Fortinet
|
United States of America |
Cybersecurity
|
$86
|
$61.0B |
9.0x |
24.6x |
|
Infosys
|
India |
IT Consulting,
Cloud Infrastructure
|
INR 1369
|
$59.0B |
N/A |
N/A |
|
Strategy
|
United States of America |
BI & Analytics Software,
Productivity Software,
Blockchain & Crypto,
Asset Management
|
$134
|
$57.3B |
121.5x |
-19.8x |
|
Baidu
|
Hong Kong |
Search Engines,
AdTech Software,
Streaming,
Cloud Infrastructure,
AI Conglomerates,
Productivity Software
|
HKD 137
|
$44.2B |
2.4x |
13.7x |
|
HCLTech
|
India |
IT Consulting,
Cloud Infrastructure,
BPO Services,
Business Consulting
|
INR 1455
|
$40.6B |
2.9x |
14.0x |
|
Datadog
|
United States of America |
IT Operations Management,
Data Infrastructure,
BI & Analytics Software,
Vertical AI Applications
|
$122
|
$39.5B |
11.7x |
47.7x |
|
Paychex
|
United States of America |
Human Capital Management Software
|
$94
|
$37.4B |
6.1x |
13.2x |
|
Workday
|
United States of America |
Human Capital Management Software,
ERP Software,
Financial Management Software,
Vertical AI Applications
|
$144
|
$34.9B |
3.7x |
11.5x |
|
Corpay
|
United States of America |
Financial Management Software,
B2B Payments
|
$337
|
$31.1B |
6.9x |
13.1x |
|
DCI Indonesia
|
Indonesia |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
IDR 215600
|
$30.6B |
N/A |
N/A |
|
MongoDB
|
United States of America |
Data Infrastructure,
Cloud Infrastructure,
DevOps,
Developer Tools,
Pure-Play AI Software
|
$368
|
$27.7B |
11.5x |
61.8x |
|
Zscaler
|
United States of America |
Cybersecurity
|
$178
|
$26.9B |
9.2x |
35.3x |
|
Nebius Group
|
United States of America |
Cloud Infrastructure,
IT Consulting
|
$98
|
$26.0B |
46.7x |
-288.8x |
|
Wolters Kluwer
|
Netherlands |
Market Research,
Financial Data & Information,
Publishing,
BI & Analytics Software
|
€64
|
$22.3B |
3.0x |
8.9x |
|
Atlassian
|
United States of America |
Communication & Collaboration Software,
Developer Tools,
Productivity Software
|
$84
|
$21.9B |
3.8x |
14.7x |
|
CDW
|
United States of America |
IT Consulting,
Cloud Infrastructure
|
$127
|
$21.7B |
1.0x |
10.4x |
|
Gen Digital
|
United States of America |
Cybersecurity
|
$23
|
$21.6B |
4.6x |
9.0x |
|
VeriSign
|
United States of America |
IT Operations Management,
Cloud Infrastructure,
Network Management
|
$219
|
$21.3B |
12.9x |
17.2x |
|
Wipro
|
India |
IT Consulting,
Cloud Infrastructure,
BPO Services
|
INR 214
|
$20.6B |
2.1x |
10.4x |
|
Kingsoft Office Software
|
China |
Productivity Software
|
CNY 307
|
$20.2B |
23.3x |
73.3x |
|
Akamai Technologies
|
United States of America |
Cloud Infrastructure
|
$112
|
$20.2B |
4.8x |
11.2x |
|
iFlytek
|
China |
Vertical AI Applications,
Communication & Collaboration Software
|
CNY 57
|
$19.9B |
5.0x |
45.0x |
|
NetApp
|
United States of America |
Data Storage,
Data Centers,
Cloud Infrastructure
|
$101
|
$19.7B |
2.9x |
9.1x |
|
Zoom
|
United States of America |
Communication & Collaboration Software,
Video & Streaming Software,
Vertical AI Applications
|
$93
|
$19.5B |
4.0x |
9.4x |
|
CGI
|
Canada |
IT Consulting,
Cloud Infrastructure
|
CAD 102
|
$18.8B |
1.6x |
7.8x |
|
Check Point Software
|
United States of America |
Cybersecurity
|
$171
|
$17.4B |
6.4x |
14.9x |
|
Twilio
|
United States of America |
Communication & Collaboration Software
|
$113
|
$15.7B |
3.1x |
15.2x |
|
CACI International
|
United States of America |
IT Consulting,
Cybersecurity
|
$573
|
$15.6B |
1.7x |
15.2x |
|
GoDaddy
|
United States of America |
Cloud Infrastructure,
E-commerce Software
|
$89
|
$15.0B |
3.0x |
9.5x |
|
F5
|
United States of America |
Cybersecurity,
Network Management
|
$274
|
$14.6B |
4.7x |
12.8x |
|
GDS Holdings
|
Hong Kong |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
HKD 46
|
$14.4B |
8.9x |
19.4x |
|
Okta
|
United States of America |
Cybersecurity
|
$87
|
$13.4B |
4.7x |
17.4x |
|
SenseTime Group
|
Hong Kong |
Vertical AI Applications,
BI & Analytics Software
|
HKD 3
|
$13.0B |
18.9x |
-33.8x |
|
Sage
|
United Kingdom of Great Britain and Northern Ireland |
Financial Management Software,
ERP Software
|
£8
|
$12.0B |
3.4x |
12.9x |
|
Open Text
|
Canada |
IT Operations Management,
Productivity Software,
DevOps,
Pure-Play AI Software
|
CAD 33
|
$11.5B |
2.2x |
6.2x |
|
HubSpot
|
United States of America |
Sales & Marketing Automation Software
|
$244
|
$11.4B |
3.7x |
16.3x |
|
theTradeDesk
|
United States of America |
AdTech Software
|
$26
|
$11.4B |
3.9x |
9.7x |
|
Nutanix
|
United States of America |
Cloud Infrastructure,
Data Infrastructure
|
$42
|
$10.7B |
4.0x |
16.7x |
|
Applied Digital
|
United States of America |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
$35
|
$10.6B |
44.7x |
219.8x |
|
Rubrik
|
United States of America |
Cybersecurity
|
$55
|
$10.5B |
8.4x |
-299.2x |
|
Dynatrace
|
United States of America |
IT Operations Management,
BI & Analytics Software,
Data Infrastructure
|
$37
|
$10.0B |
5.2x |
17.2x |
|
Confluent
|
United States of America |
Data Infrastructure,
Cloud Infrastructure,
DevOps
|
$31
|
$10.0B |
8.6x |
90.9x |
|
Qihoo 360
|
China |
Cybersecurity
|
CNY 13
|
$10.0B |
8.4x |
-207.5x |
|
Tempus AI
|
United States of America |
Health Data & Analytics,
Vertical AI Applications
|
$52
|
$9.8B |
7.8x |
11584.0x |
|
OBIC
|
Japan |
ERP Software,
IT Consulting
|
JPY 3845
|
$9.5B |
11.3x |
16.9x |
|
Nemetschek
|
Germany |
Design & Engineering Software
|
€67
|
$9.4B |
6.7x |
21.3x |
|
United Internet
|
Germany |
Internet Service Providers,
Telecom Service Providers,
Cloud Infrastructure
|
€26
|
$9.1B |
1.2x |
5.7x |
|
InterDigital
|
United States of America |
Networking Hardware,
Network Management
|
$366
|
$8.7B |
10.4x |
15.6x |
|
SailPoint
|
United States of America |
Cybersecurity
|
$16
|
$8.6B |
8.2x |
44.4x |
|
Ingram Micro
|
United States of America |
Supply Chain Management Software,
IT Consulting
|
$22
|
$8.5B |
0.2x |
6.4x |
|
Dropbox
|
United States of America |
Cloud Infrastructure,
Data Storage,
Productivity Software,
Communication & Collaboration Software
|
$25
|
$8.5B |
3.4x |
7.2x |
|
Docusign
|
United States of America |
Content Management Software,
Governance, Risk & Compliance Software
|
$45
|
$8.3B |
2.6x |
7.8x |
|
Unity
|
United States of America |
Design & Engineering Software,
VR & AR,
Video & Streaming Software
|
$19
|
$8.3B |
4.5x |
20.7x |
|
Amdocs
|
United States of America |
Communication & Collaboration Software,
Video & Streaming Software,
AdTech Software
|
$69
|
$8.2B |
1.8x |
7.1x |
|
Manhattan Associates
|
United States of America |
Supply Chain Management Software,
Transportation & Logistics Software
|
$141
|
$8.1B |
7.6x |
20.9x |
|
Empyrean Technology
|
China |
Design & Engineering Software,
Semiconductors
|
CNY 106
|
$8.1B |
38.5x |
272.4x |
|
DigitalOcean
|
United States of America |
Cloud Infrastructure,
Developer Tools
|
$68
|
$7.6B |
8.5x |
20.7x |
|
Aurora Innovation
|
United States of America |
Autonomous Tech,
Ridesharing,
Autonomous AI & Robotics
|
$4
|
$7.6B |
2075.2x |
-10.4x |
|
Yonyou Hong Kong
|
China |
ERP Software
|
CNY 15
|
$7.5B |
5.4x |
160.2x |
|
Xero
|
Australia |
Financial Management Software
|
AUD 82
|
$7.5B |
4.7x |
16.8x |
|
Oracle Corp Japan
|
Japan |
ERP Software,
Data Infrastructure,
Cloud Infrastructure,
Data Centers
|
JPY 9476
|
$7.4B |
4.2x |
12.7x |
|
Wangsu
|
China |
Cloud Infrastructure,
Data Centers
|
CNY 23
|
$7.3B |
10.3x |
55.8x |
|
Pegasystems
|
United States of America |
Sales & Marketing Automation Software
|
$44
|
$7.1B |
4.1x |
14.8x |
|
Nextdc
|
Australia |
IT Consulting,
Data Centers,
Cloud Infrastructure
|
AUD 14
|
$7.0B |
21.3x |
43.8x |
|
VNET Group
|
United States of America |
Data Centers,
Cloud Infrastructure
|
$14
|
$6.9B |
4.9x |
16.3x |
|
solutions by stc
|
Saudi Arabia |
IT Consulting,
Network Management
|
SAR 223
|
$6.8B |
2.0x |
12.6x |
|
Paycom
|
United States of America |
Human Capital Management Software
|
$125
|
$6.6B |
3.2x |
7.5x |
|
Core Scientific
|
United States of America |
AI Chips & Hardware,
Data Centers,
Blockchain & Crypto
|
$18
|
$6.2B |
16.5x |
96.5x |
|
Paylocity
|
United States of America |
Human Capital Management Software
|
$108
|
$5.8B |
3.5x |
9.6x |
|
HopeRun
|
China |
Supply Chain Management Software
|
CNY 49
|
$5.8B |
N/A |
N/A |
|
Elastic
|
United States of America |
BI & Analytics Software,
DevOps
|
$62
|
$5.7B |
3.5x |
20.4x |
|
ServiceTitan
|
United States of America |
Financial Management Software,
ERP Software,
Transportation & Logistics Software,
Industrial Software,
Travel & Hospitality Software
|
$64
|
$5.7B |
6.0x |
44.4x |
|
Digital China
|
China |
IT Consulting,
Cloud Infrastructure
|
CNY 38
|
$5.6B |
0.3x |
N/A |
|
XtalPi
|
Hong Kong |
Health Data & Analytics,
Vertical AI Applications
|
HKD 11
|
$5.5B |
48.9x |
-410.4x |
|
Clarivate
|
United States of America |
Market Research,
Business Consulting,
BI & Analytics Software
|
$2
|
$5.4B |
2.2x |
5.4x |
|
IONOS Group
|
Germany |
Cloud Infrastructure
|
€27
|
$5.4B |
3.0x |
9.0x |
|
Sinnet Technology
|
China |
Cloud Infrastructure,
Internet Service Providers,
Data Centers
|
CNY 18
|
$5.1B |
4.8x |
25.8x |
|
JFrog
|
United States of America |
Developer Tools,
DevOps
|
$48
|
$5.0B |
9.5x |
49.4x |