Estimated reading time: 5 minutes
Key takeaways:
- The SaaS replacement wave is real but not universal. The bar to justify a subscription is much higher than it used to be. Data extraction is the hardest part: building a replacement is easy. Extracting proprietary data from closed-source platforms isn’t.- The security risk is being underestimated.
As AI-coding tools emerged, technology thought leaders and venture capitalists warned of the impending death of Software-as-a-Service (SaaS).
Now, a few years on, SaaS companies face the first nail in the coffin as C-suite executives reevaluate their SaaS stacks, driven by rising geopolitical tensions and increasingly capable AI-coding assistants.