The future of SaaS may be uncertain as more companies turn to AI-powered solutions for their software needs. Klarna’s recent decision to end its relationships with Salesforce and Workday in favor of in-house AI initiatives has raised concerns among industry experts. This trend is not limited to Klarna, as other companies like Rabbitt AI and Yellow.ai are also opting to develop their own AI-powered solutions instead of relying on SaaS providers. With the rise of AI coding tools like GitHub Copilot and Anthropic’s Claude, the job market for coders may also see a shift, making software development more accessible and affordable. This could potentially pose a challenge for SaaS companies and even Indian IT giants like TCS and Infosys, as AI tools may make their services redundant. As AI continues to advance, it may become possible for anyone within an enterprise to build applications with minimal coding, further disrupting the traditional SaaS model.
