Finance

SAP has a message for software doomsayers: The pendulum will swing back

SAP has a message for software doomsayers: The pendulum will swing back

Finance—

A SAP executive says the “pendulum will swing back” from the SaaSpocalypse. Like many software companies, the German software giant has seen its stock hit hard over the past year amid competition from AI tools. This stock sell-off of software-as-a-service (SaaS) companies, known as the…