Nearly 92% of Indian SaaS cos adopted AI in 12 months: Bessemer
Nearly 92% of software-as-a-service (SaaS) startups in India have integrated some form of artificial intelligence (AI) features into their products over the past 12 months, with almost 87% of these companies describing themselves as either an AI-native SaaS or an AI-enabled SaaS, according to a report by venture capital firm Bessemer Venture Partners.
This integration of AI technologies such as machine learning (ML), natural language processing (NLP), and advanced analytics into SaaS platforms helps make software more intuitive, adaptive, and capable of automating complex tasks.