GenAI and AI Agents Will Create the First Challenge to Productivity Suites in 30 Years
AI productivity tools are creating the first challenge to productivity suites in 30 years, triggering a $58B market shakeup. 40% of enterprise apps will include AI agents by end 2026 (up from <5%). Legacy formats decline as value shifts to agentic experiences. By 2035, agents could drive 30% of enterprise app revenue ($450B+). However, 40%+ of agentic projects face cancellation due to agent washing, unclear value, and escalating costs. CIOs must evaluate AI-native alternatives, build workforce proficiency, and prepare data layers.