The COVID-19 pandemic sped up digital transformation by several months and years. Enterprises across multiple end-use sectors have largely shifted toward automating and streamlining their business processes, fueling the demand for business software and solutions. Moreover, SaaS solutions are among the fastest-growing segments in the software industry.
A significant surge in the adoption of public & hybrid cloud-based services primarily contributes to the SaaS market growth. Amid this, quality growth-driven software stocks Palantir Technologies Inc. (PLTR), Twilio Inc. (TWLO), UiPath Inc. (PATH), and WM Technology, Inc. (MAPS) could be worth watching in September.
