The SaaS Awakening: Large-Cap Software Reclaims Throne as AI Monetization Proves Real — Goldman Sachs Survey Shows 49% of Allocators Increasing Software Exposure

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As of April 3, 2026, institutional capital is flooding back into enterprise software at rates not seen in nearly a decade. A February 2026 Goldman Sachs survey found 49% of institutional allocators plan to increase software exposure — the highest net figure since 2017. The narrative has definitively flipped from 'AI kills SaaS' to 'large-cap software monetizes AI through new consumption-based billing models,' ending the SaaSpocalypse panic.