AI Spend Is Increasing but Isn't Causing a SaaSpocalypse

Zip released its Enterprise AI Index analyzing $18 billion in purchase data, finding that enterprise AI spending surged to 2.7% of approved purchasing. The data indicates that this AI spending growth is not cannibalizing traditional software budgets, as AI-heavy companies actually increased their software spending as well. Industry experts suggest that the fears of a software apocalypse, or saaspocalypse, were overstated. Open article →