Vertical AI shows potential to dwarf legacy SaaS | State of the Cloud 2024
Автор: Bessemer Venture Partners
Загружено: 2024-06-20
Просмотров: 5387
Описание:
Caty Rea, Kent Bennett, and Brian Feinstein of Bessemer Venture Partners discuss how Vertical AI is a 10x bigger opportunity than legacy vertical SaaS. Three new business models are transforming how businesses will operate in every industry.
State of the Cloud 2024 report is now out — https://www.bvp.com/atlas/state-of-th...
Top takeaways:
— Vertical AI is expected to have a market capitalization at least 10 times the size of legacy Vertical SaaS by targeting high-cost repetitive language-based tasks across various industries, potentially transforming sectors like business and professional services, which are significant portions of the economy.
— Three new business models of Vertical AI include: Copilots, Agents, and AI-enabled Services
— The first Vertical AI IPO is expected within the next three years.
— At least five Vertical AI companies are predicted to reach $100M+ ARR (Centaurs) within the next two to three years.
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