The growing use of technologies like artificial intelligence and the widespread adoption of the Software-as-a-Service model by both private users and companies are expected to drive growth in the software industry.
As the industry shows solid potential, investors could consider buying quality software stocks Splunk Inc. (SPLK), Informatica Inc. (INFA), and MiX Telematics Limited (MIXT) before August to capitalize on the industry’s tailwinds.
