E9: AI in Software — A Multiplier or Subtractor?
Transcript
As artificial intelligence, or AI, continues to grab headlines, enterprise software companies are looking to prioritize AI-related projects with a view to future-proofing their investments. Yet very few of these companies have AI revenue streams today. Meanwhile, generative AI in particular requires increasingly massive amounts of processing power, creating critical dependencies on —and bottlenecks from — supporting sectors like energy and semiconductors. When will the software sector reap the benefits of AI in earnest? Join Citi’s Rob Rowe, U.S. Regional Director of Research and Head of the Global Strategy and Macro Group, and Tyler Radke, U.S. Software Sector Co-Head and Senior Analyst, as they discuss the state of the software market, how companies are incorporating AI into their budgets, and how macroeconomic and geopolitical factors could impact growth in the sector.
Related report: The Digital Transformation of the Global Economy: Riding the Wave of Virtual Progress
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