The traditional “Software as a Service” (SaaS) business model is officially dead, a top executive at data analytics giant Palantir has declared. Danny Lukus, a deployment strategist at Palantir Technologies, claims that the rise of generative AI has made the old, expensive method of buying and configuring mass-market software completely obsolete.

According to Palantir Technologies, “SaaS is dead.” This is especially true for off-the-shelf supply chain software. SaaS is too slow and eliminates differentiation.

The traditional “Software as a Service” (SaaS) business model is officially dead, a top executive at data analytics giant Palantir has declared. Danny Lukus, a deployment…