AI to strengthen enterprise software firms, not replace them: Goldman Sachs

New Delhi [India], July 30 (ANI): Enterprise software companies are likely to emerge stronger rather than be displaced in the artificial intelligence (AI) era, as the growing adoption of AI is expected to increase the value of enterprise data systems and the contextual intelligence built around them, according to a Goldman Sachs report.

The report said concerns that AI agents could replace enterprise software vendors are overstated, arguing that systems of record remain essential because AI applications rely on them for training, grounding, permissioning and contextual execution.