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Software Vendors

All articles tagged with #software vendors

"Unveiling the Promising AI Stocks Driving Global Growth and Innovation"
technology2 years ago

"Unveiling the Promising AI Stocks Driving Global Growth and Innovation"

Datadog and CrowdStrike, two software vendors shaping the future of artificial intelligence (AI), have been recognized on Fortune's Future 50 List for their long-term growth prospects. Datadog specializes in observability software and has been recognized as a leader in application performance monitoring and AI for IT operations. CrowdStrike specializes in cybersecurity software and has been ranked a leader in cloud security and endpoint security. Both companies reported strong financial results in the third quarter and have introduced new AI products to meet growing demand. Analysts expect both companies to experience significant revenue growth in the coming years, making them attractive investments for patient investors.

The Future of AI: Transforming Industries, Jobs, and the Economy
technology2 years ago

The Future of AI: Transforming Industries, Jobs, and the Economy

Morgan Stanley predicts that artificial intelligence (AI) will have a $4.1 trillion economic impact on the labor force, affecting about 44% of jobs, within the next few years. This will be driven by changes in input costs, task automation, and shifts in how companies obtain and analyze information. The adoption of generative AI in enterprise workloads could create a $150 billion global spending opportunity, while software vendors could capture 5% of the $4.1 trillion labor effect, equivalent to a $205 billion addressable market over the next three years.