Can SaaS firms avoid the tech wreck?

Ireland’s leaders in software-as-a-service (Saas) are undeterred by tech’s turmoil and looking forward to a realistic market where resilient, responsible businesses will thrive, writes Elaine Burke

Some experts predict greater adoption of SaaS solutions across the underserved SME market. Picture: Getty

What a difference a half-year can make. When software-as-a-service (Saas) businesses descended on Dublin for SaaStock last October, the sector was abuzz with its own growth potential.

A lot has happened since then.

Tech workers are being laid off in their tens of thousands. The fall of Silicon Valley Bank has sounded the alarm of a new financial crisis. And the AI hype machine has powered up and jumped straight into fifth gear since the ...