“SaaS is dead” — why the US Military’s top software vendor is making this claim

Palantir Technologies — a giant that started out creating specialized software for the CIA and the Pentagon, and is now one of the top 20 most valuable companies in the US. In an interview with Forbes, the company's deployment strategist, Danny Lutkus, made a bold statement: "SaaS is dead." Why?

According to him, multi-billion dollar off-the-shelf software (like SAP and Oracle) is no longer effective. AI has slashed the cost of writing code so dramatically that building a bespoke, custom solution for every single business has become cheaper and more flexible than buying a standard SaaS subscription.

However, not everyone is buying into this revolution. What doubts did Forbes analysts raise? Can AI truly meet the scalability and security demands required to manage millions of large-scale transactions?

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