CEO of Europe’s largest software company SAP to everyone saying ‘AI killed software’: AI Agents don’t work without brain, and this brain is…
While Silicon Valley spent the past three months writing software’s obituary, Christian Klein walked onto a stage in Orlando and pushed back. The SAP CEO used his Sapphire 2026 keynote to take direct aim at the “SaaSpocalypse” narrative that has wiped hundreds of billions off enterprise software stocks since February.
“I’m 100% confident that our SaaS PaaS business will not go away,” Klein said. “AI agents don’t work without a brain. The brain is SAP.”
His comments land in the middle of an unusually loud chorus of software skepticism.
