The COVID pandemic has meaningfully accelerated enterprise software innovation and adoption, ushering in a new wave of computing frameworks and applications that will set a compelling course for growth and innovation for years to come. Software and new development approaches are enabling enterprises to improve collaboration, automation, efficiency, security, talent acquisition, payments solutions, data insights, and productivity. This has translated into massive shareholder value creation.
What we’re watching
- The emerging modern analytics stack
- The emerging modern customer engagement stack: customer data platforms (“CDP”)
- AI and Machine Learning Operations (“MLOps”)
- Collaboration & Workflow Automation
- Robotic Process Automation (RPA)
- Cybersecurity
- Human Capital Management (HCM) Software
- Integrated Payments
- Edge / IoT
of participants in Cowen’s proprietary survey expect their organization to materially increase RPA spending over the next 2-3 years
Cowen estimated TAM for global talent acquisition
venture capital funding activity in AI from January – September 2021 according to Pitchbook