Earnings from SAP, ServiceNow, and IBM challenge the SaaSpocalypse narrative

The first wave of quarterly earnings from major enterprise software vendors suggests that while AI is beginning to reshape enterprise technology spending, it has yet to produce the sharp decline in software demand that some industry observers have dubbed the “SaaSpocalypse.” The latest results (Q2) from ServiceNow, SAP, and IBM, read against several prior quarters, showed continued growth in cloud and software businesses, though IBM reported that some software transactions slipped as customers p