enterprise

Cramer says enterprise software sector's prominence may be winding down – CNBC


CNBC’s Jim Cramer on Thursday told investors that enterprise software companies may not be as lucrative as they have been over the past few years as artificial intelligence technology gains traction.

“We may be at the beginning of the great unwind of most enterprise software and the great ascendancy, not of the people pictured with [Nvidia CEO] Jensen Huang, but of the ultimate clients who’ll use his wares to figure out how best to put their employees to work in a world where AI’s changing the entire business landscape,” he said, referencing the head of the ultra-profitable chipmaker.



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.