At the small end of the Australian share market, there are a number of companies with the potential to grow materially in the future.

Five that investors might want to get better acquainted with are listed below. Here’s what you need to know about them:

Alcidion is an informatics solutions company. It provides software that has been designed to improve the efficacy and cost of delivering services to patients and reduce hospital-acquired complications. Demand for its software has been increasing and has led to a number of major contracts with healthcare institutions in the UK.

Bigtincan is a provider of enterprise mobility software. The company’s software allows sales and service organisations to increase sales win rates, reduce expenditures, and improve customer satisfaction. This is achieved through improved mobile worker productivity. It has a large number of blue chips using its platform, including banking giant Australia and New Zealand Banking GrpLtd (ASX: ANZ) and Nike.

IntelliHR is a cloud-based human resources and people management platform provider. It has been growing very strongly this year. For example, during the first five months of FY 2021, IntelliHR revealed an impressive 148% increase in subscriber numbers. As a result, it now has almost 30,000 contracted subscribers on its books. This has underpinned similarly strong revenue growth. As of its last update, the company’s contracted annual recurring revenue (ARR) was up 81.3% to $2.8 million.

Another small cap to look at is Pointerra. It is a growing technology company with a focus on the commercialisation of 3D geospatial data. Pointerra’s software allows users to manage, visualise, and share large digital 3D datasets. This software is able to extract vital information from the data that would otherwise take many hours to do. Management estimates that its market opportunity is currently worth a massive $500 billion annually.

Whispir is a software-as-a-service communications workflow platform provider. Its software platform allows businesses and governments to deliver actionable two-way interactions at scale using automated multi-channel communication workflows. Management believes its platform revolutionises customer engagement, business resilience, and operational communications process.

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James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends BIGTINCAN FPO and Whispir Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Alcidion Group Ltd and Pointerra Limited. The Motley Fool Australia has recommended Alcidion Group Ltd, BIGTINCAN FPO, Pointerra Limited, and Whispir Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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