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Oracle's Larry Ellison dismisses 'SaaS apocalypse' fears, says AI will make software better

Source: Economic Times TechOctober 28, 2026
Read the full story at Economic Times Tech

During Oracle AI World, executive chairman and CTO Larry Ellison addressed industry speculation that businesses would increasingly build custom applications using AI instead of purchasing SaaS solutions. Ellison rejected the 'SaaS apocalypse' narrative, contending that AI technology will improve and strengthen the value proposition of SaaS offerings rather than undermine them.

Key points

  • Ellison disputed predictions of SaaS market decline due to AI
  • Position: AI will enhance SaaS value, not replace it

Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Economic Times Tech did the reporting; read the original for the full story.

Read the full story at Economic Times Tech

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