SaaSpocalypse: Is it the end of SaaS business models?

Since the early part of this year, I've seen and heard a lot of people talk about the idea that we are in the middle of a “SaaSpocalypse.” What's true is that many leading customer technology vendors have had a torrid time in the stock market of late, with many losing 50% or more of their share price since the beginning of the year. What seems to be happening is that, with the emergence of agentic workflow capabilities, investors are losing confidence in the Software-as-a-Service (SaaS) business models that many technology vendors have relied on for the past two decades. But is this really the end of SaaS? Or is there another battle being fought? I decided to find out and pulled together some thoughts in a piece that recently went live on CX Today, featuring massively helpful insights from Balaji Balasubramanian, President & CPO - SAP Customer Experience and Consumer Industries at SAP, and Dan O'Connell, CEO of Front. Check it out here: https://lnkd.in/d6GMpnnG What do you think? #SaaSpocalypse #CX #AgenticAI

Thanks Adrian and for the input from Balaji Balasubramanian and @dan o’connell. SAP themselves have made some smart pivots and acquisitions to extend their CX offerings in ways others, who don’t offer what SAP do at their core, would find it hard to replicate. I totally agree that any SaaSpocalyse will be much slower than markets price changes might make people think. And yes, very specialised newer CX tooling - perhaps paired with the benefits of Open Source XM - is where there is growing enthusiasm. It’s also where the needs of CX and IT come together in their mutual persuit to better support the business. These changes add to the challenges faced by some incumbent SaaS CX tools, that suffer from poor adoption, limited perceived value and what increasingly looks like table stakes services with a hefty renewal price.

Thanks for the article, insights, and letting me share some thoughts Adrian Swinscoe. Nice read.

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