AI Isn't Killing SaaS - It's Exposing Which Platforms Matter
CIO, Thursday, April 16th, 2026
Platforms embedded in industry workflows will prove more challenging to replace than many assume.
The emergence of powerful AI models has fueled a growing narrative that traditional software companies are on the verge of collapse in a disastrous 'SaaSpocalypse.' But treating all SaaS businesses as commoditized code bases ignores the reality that many platforms run the workflows, transactions and networks that entire industries depend on.
Investors should start evaluating application software companies through a different lens - or risk mispricing and walking away from some of the most durable assets in enterprise technology.