We are fully committed to cloud applications and have invested heavily in rewriting our software for the cloud, positioning ourselves to compete effectively against SAP and other smaller companies.

The frontline SaaS market is largely untapped, with many workers lacking access to technology, presenting a significant opportunity for growth.

The shift from traditional software to SaaS was driven by the realization that sophisticated enterprise applications could be effectively delivered over the cloud.

There's a significant opportunity to help manufacturers integrate their processes from Product Lifecycle Management (PLM) to Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) for greater agility in production.

In vertical SaaS, the most promising opportunities lie in automating mundane, repetitive jobs that are currently labor-intensive.

Big companies struggle to adapt quickly to new technologies, giving startups an advantage in securing enterprise contracts by being agile and innovative.

Many industries, including aerospace and semiconductors, are still using outdated software, presenting a significant opportunity for modernization.

The application layer is collapsing into agents, which will require vertical SaaS companies to adapt to this new structure.

The challenge for traditional companies is to digitize their operations effectively, as many lack the necessary DNA to adapt to digital transformation.