Deep Dive: AI versus VMS - Investors are throwing the baby out with the bathwater
The market seems to have already passed its verdict, with artificial intelligence (AI) supposedly delivering the death blow to niche software. We believe, however, that this fear is grossly exaggerated.
In the financial world, the line between healthy caution and irrational panic is often razor-thin. At present, the Vertical Market Software (VMS) sector finds itself at the epicentre of just such a storm. While investors are dumping shares of serial acquirers Constellation Software (Toronto: CSU), Topicus (Toronto: TOI), and, to a lesser extent, Chapters Group (Frankfurt: CHG) and Asseco Poland (Warsaw: ACP) en masse, we see a classic case of the baby being thrown out with the bathwater. The market appears to have already passed judgement, with artificial intelligence (AI) seen as dealing the death blow to niche software. We believe, however, that this fear is grossly exaggerated.
This article was translated automatically from Dutch using AI. In case of any difference, the Dutch original prevails. Read the original in Dutch.
