The integration of AI in SaaS has completely transformed the industry landscape, offering incredible benefits. There is a tremendous potential for AI-driven solutions to disrupt traditional industries and create new ones. From AI-powered natural language processing and image recognition to advanced data analytics tools, the SaaS industry is ripe with opportunities for investment, and we believe that the most successful companies will be those that can effectively integrate AI into their solutions.
At Skagerak Capital, we have been AI focused in our investment and development strategy for many years.
Andreas Eskeland, investment partner at Skagerak explains, “We are investing in cutting edge tech companies that are leveraging AI to increase customer value, across industries”.
In our current portfolio of growing tech companies, nearly half of them leverage AI to increase customer value. “By leveraging AI, our portfolio companies are providing solutions that increase efficiency, automation and accuracy for their customers", Eskeland continues. The change is rapid and it's clear that this trend is only set to continue.
According to a recent report by McKinsey*, AI adoption accelerated during the COVID-19 pandemic, with companies increasingly investing in AI solutions to improve their operations and meet changing customer demands. The report also states that AI is expected to have a significant impact on the global economy, potentially adding $13 trillion in economic activity by 2030. We believe that these numbers will only continue to grow, and that companies that are able to harness the power of AI in their SaaS solutions will be well-positioned to drive significant business value and gain a competitive advantage in the market.
We believe the integration of AI in SaaS solutions is one of the most exciting trends in the tech industry. We are committed to partnering with innovative companies that are leading the charge in this space, and we are confident that the future of the SaaS industry is bright with the promise of AI-driven solutions that can offer faster, more efficient, and more personalized experiences to customers.