AI shifts the apps space – time for a new Apps Leader Board?

The software industry has undergone a major shift several times in the last 50 years. Each time this has happened, the vendors on the leader board often get changed. All-new leaders emerge and older, stalwart vendors may struggle to retain market share and market relevance.

When these shifts occur, vendors in the old technology paradigm often find themselves backed into a defensive corner. They can choose to reinvent their products and company to align with the new market realities or, more often, they tend to fight the change while causing the customers and employees to suffer.

We’re seeing one of those change cycles today. Older, cloud-based application software vendors are realizing that AI-enabled/AI-first solutions are coming soon. The stock market has also noticed this and has been punishing the stock price of many traditional software vendors. The question therefore is which current vendors will survive and prosper in ...