Home technology saas adobe named the world’s most AI-forward SaaS company by Omdia
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CIO Bulletin
2022-05-06
A new report from Omdia has ranked Adobe as the number one in the inaugural list of the world’s most AI-forward SaaS companies. Salesforce, SAP, AWS, and Google Cloud rounded off the top five ranks.
Signaling a significant AI market trend, an elite group of SaaS companies is embedding AI into their products to improve their customers’ business outcomes.
Mark Beccue, the Principal Analyst at Omdia, said SaaS firms that embed AI were world-class AI firms. He added they were achieving better business results for their products using under the hood AI tech.
Following an extensive review of the market, Adobe received the top rank due to its successful operational AI model, which includes a commitment to, and patience with AI from the C-suite; and taking a business-first approach to AI investment.
The world’s most AI-forward SaaS companies are an eclectic mix of focused SaaS players, established technology vendors, and hyperscalers. Some are specialists; some are cloud-native, some are generalists in their offering, while others are undergoing digital transformations.
Omdia’s report ranked vendors using a composite metric based on a percentage of a company’s SaaS revenue, comprised of 60% of embed AI score and 40% of the metric made up from the value of that SaaS revenue.
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