1170: Why the ‘SaaS-pocalypse’ Changed the CFO Conversation | Michael Perica, CFO, Rimini Street

<p>Michael Perica had been discussing the market implications of AI with investors for a number of years, but the market didn’t fully react—until one particular moment. In late January and early February, a wave of announcements around enterprise-focused AI models and workflow plugins triggered what has become widely known as the <strong>“SaaS-pocalypse.”</strong> In a single day, roughly <strong>$258 billion in SaaS market value disappeared</strong>, he tells us.</p><p>For Perica, the episode confirmed something he had already been sensing in conversations with …