1、Software sector updateQualitative insights into broader software trends and public and private valuations across the transaction spectrum,and interviews with todays leaders transforming the sector.Q2 2023Important disclosures appear at the end of this reportGP Bullhound Corporate Finance Ltd and GP

2、Bullhound Asset Management Limited are authorised and regulated by the Financial Conduct Authority GP Bullhound Inc is a member of FINRAGP Bullhound Luxembourg S.R.L.is regulated by the CSSF in Luxembourg2Q2 2023 Software sector updateTHE VIEWQ2 software perspectives from GP BullhoundAdvancements in

3、 security automation are becoming increasingly more accessible to organisations,driving an increased ROI due to the rise in AI and low-code/no-code integrationsRelative to organisationswithout automation,organisationswith fully implemented AI and automation programs detect and control breaches faste

4、rAutomation shortens the average life cycle of a breach by as much as 74 days when comparing an organisationwith automation against one without AI and low-code/no-code integrationsTheres been a surprise shift in the data strategy big social media platforms are taking regarding the accessibility of t

5、heir APIsFor example,Reddit recently followed in Twitters footsteps by removing unpaid access to its Data API.The move was aimed at preventing AI companies from freely scraping and leveraging Reddits content,for the purpose of training complex language modelsIts ushering in an exciting new era for t

6、he DaaS market,as it continues to evolve,already primed to reach$68bn by 2030(37%CAGR from 2022)As the race for a finite set of private equity opportunities intensifies,the allure of machine learning is becoming difficult to ignore as funds begin to prioritisespeed and deeper insights when evaluatin