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ServiceNow, SAP remain resilient in software despite hyperscaler dominance: BNP Paribas report.
ByAinvest
Thursday, Jan 22, 2026 9:15 am ET1min read
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ServiceNow and SAP are considered "resilient" in the software industry, despite the dominance of hyperscalers in AI. BNP Paribas notes that while the major hyperscalers continue to lead in AI, these two companies are well-positioned to withstand potential disruptions in the market. Their strong product portfolios, customer bases, and financials make them resilient to market fluctuations.
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