Agentic AI Threatens $234B Enterprise Software Spend by 2030

Jul 2·0:00 listen·Source: The Hindu

Summary

Agentic AI is poised to disrupt enterprise software, putting up to $234 billion of spending at risk by 2030. This is according to Gartner, a business and technology insights firm. Agentic AI systems can complete tasks across multiple systems. This reduces the need for users to interact with traditional software interfaces. By 2030, this technology could account for about 20% of enterprise application software-as-a-service spending. George Brocklehurst, a Managing Vice President at Gartner, says agentic AI changes software economics. It delivers outcomes directly, making the software invisible and breaking the link between user growth and revenue for many vendors. This shift will redefine how software is built, priced, and consumed. It's a metamorphosis for the SaaS market, not an apocalypse. While it poses a threat to vendors with legacy models, it creates revenue opportunities for those supporting these new workflows. This matters because it signals a fundamental change in how businesses will use and pay for software in the near future.

Read the full article on The Hindu

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