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.Q4 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 Luxembourg2Q4 2023 Software sector updateTHE VIEWQ4 software perspectives from GP BullhoundSafeguarding da

3、ta is a key focus area of security and development teams.Their goal is to prevent the businesss digital infrastructure and data security from becoming corrupt and breached security testing software is a tool that assists them in their efforts.HCL Technologies is an example of a leading provider of s

4、ecurity testing tools,which businesses are leveraging to secure their data and ensure protection against digital threats.The accelerated sector growth is driven by businesses implementing measures to enhance security and comply with government regulations.The healthcare software sector,traditionally

5、 ruled by massive software players offering comprehensive solutions for EHR,billing,and ERP,is now witnessing a surge in compact tools with LLMs,conversational analytics,and speech-to-text capabilities.Innovators like Nabla Copilot,AdaptX and Abridge are leading the trend with significant funding ro

6、unds,focusing on reducing clinician burnout,enhancing patient care,and improving clinical documentation with AI.This shift towards smaller,AI-powered toolsets is reshaping the market dynamics,with the global AI in the healthcare sector poised for rapid growth.Robotic Process Automation allows busine