Enterprise software stocks—from Salesforce to ServiceNow and Atlassian—have been hit hard, with many down 40–60% in the last year. The market narrative? Generative AI will disrupt software creation, compress pricing, eliminate seats, and ultimately render incumbent platforms obsolete.

But is that actually happening?

In this episode of Montaka’s Spotlight Series, Andy sits down with Amit, Montaka’s Director of Research, to unpack what’sreal, what’s misunderstood, and where the market is drawing the wrong conclusions.

Together, they explore:

• Why AI-driven innovation doesn’t guarantee distribution
• Why incumbents like Salesforce, ServiceNow and Microsoft may benefit from AI
• The difference between platforms and point solutions
• What CIOs are actually telling vendors about budgets and adoption
• Why the real prize isn’t IT savings—it’s the $3.7T global labour cost base
• And why terminal value assumptions today may be wildly mispriced

If you’re watching enterprise software, AI agents, or thefuture of SaaS, this episode is essential listening.

#EnterpriseSoftware #AIRevolution #SaaS #GenerativeAI#AIadoption #TechInvesting

#DistributionMoat #Salesforce #ServiceNow #Microsoft#AIEnterprise #Montaka

Disclaimer: Issued by Montaka Global Pty Ltd ABN 62 604 878 533, AFSL 516942. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.