Business Software Buyers Want More AI Features, Less ROI Time
Technology vendors must demonstrate quick value, as realizing a return on investment within six months is a critical factor for businesses planning to increase software spending in 2024. Research and software marketplace firm G2 in June released its annual software buyer behavior report, “The Value-Driven Buyer,” finding that despite doom and gloom predictions around tech markets and budgets, businesses see a positive outlook among global companies buying software this year. Artificial intelligence is reshaping the entire software landscape as buyers turn to AI to extract more value from their software purchases. It will drive legal teams to be increasingly involved in software purchases. The global survey by G2 reveals the latest insights and trends based on responses from over 1,700 B2B software decision-makers. One of the key findings is that even in the face of today’s economic challenges, companies are continuing to invest in technology to grow their businesses.”...