Cohesity CIO Shows How AI Can Eat Into Revenues of ServiceNow, Splunk

The debate over whether AI might replace traditional enterprise apps such as Salesforce, ServiceNow, SAP, and Workday often ignores a likely near-term scenario: that AI will stop some customers increasing their spending on those apps. Brian Spanswick, chief information officer at data security firm Cohesity, which generates than $2B in revenue a year, said a large chunk of the budget for his 400-person IT department goes towards subscriptions to apps that employees use to automate business processes such as tracking and billing customers or auditing how employees are using company devices.