AI is reshaping SaaS globally, and Indian firms are swiftly adapting to the shift

Quick Summary:

SaaS giants like Salesforce and Oracle are going full throttle with the AI push but Indian startups are not far behind, launching AI agents incorporating agentic workflows into their offerings.

As businesses increasingly shift from SaaS to AI agents, investors need to consider the long-term sustainability of this technology and its impact on traditional SaaS markets,” Garg of Together Fund notes.

With 60% of SaaS companies integrating AI, according to a  Bessemer Venture Partners report, more investors expect their portfolio companies to feature AI agents.“We don’t need to see AI agents as an antithesis to SaaS solutions.

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Article Details

Author / Journalist: Bhuvana Kamath

Category: StartupsEconomyBusiness

Markets: India

Topics: Enterprise Saas Solutions Agents Tasks Service Businesses Customer Says Companies Pricing

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 01:00:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 1355 words

Reading Time: 8 minutes read

Sentences: 54 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23145396

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

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Year Established: 2008

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News Last Updated: 1 days ago

Coverage Areas: India

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