Software-as-a-Service, or SaaS, refers to cloud-based subscription tools such as Salesforce for customer management, Zoom for video meetings, Shopify for online stores, and Slack for workplace messaging.
These companies were once valued at extremely high revenue multiples during the pandemic boom. Today, those valuations have compressed sharply as growth slows and investors shift attention toward AI-native platforms. The re-pricing suggests a broader transition from traditional subscription software toward AI-driven systems.
