Trends Report

What Enterprise Software Vendors' Q2 2023 Earnings Mean For Technology Executives

The Generative AI Narrative Has Taken Over

July 11th, 2023
Liz Herbert, VP, Principal Analyst
Liz Herbert VP, Principal Analyst
With contributors:
Matthew Guarini , Hannah Murphy , Rachel Birrell

Summary

We analyzed the calendar-year Q2 2023 earnings announcements of the major enterprise software providers. Demand for enterprise applications remains strong, thanks to an ongoing desire to leverage the cloud to modernize legacy apps and achieve better business results. However, generative AI is rapidly becoming the dominant message and strategy for these companies. Technology executives should read this report to learn how to use this information to improve their planning and execution in the weeks and months ahead.

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