Emergence Capital backed Salesforce before its IPO. Here's why one of the VC firm's partners thinks the $141 billion software giant is vulnerable to a next-generation enterprise software startup.
Enterprise software has been one of the hottest areas in tech in recent years. If you believe Santi Subotovsky, it's not going to cool down anytime soon. Subotovsky, a general partner with Emergence Capital, thinks the enterprise sector is going to continue to boom, driven by some big trends, such as the near-ubiquity of smartphones and the increasing sophistication of artificial intelligence technologies. Those trends could make older providers of enterprise software, including Salesforce, vulnerable -- and should open up opportunities for upstarts, he said. "We're looking at next seven to 10 years," Subotovsky told Business Insider in a recent interview. "We see some major transformations in the way people are using technology at work."
Nov-8-2019, 20:52:07 GMT