Corporate AI adoption could take 'even longer' than 10 to 15 years, says Thoma Bravo founder

Watch on YouTube ↗  |  January 21, 2026 at 16:36  |  3:53  |  CNBC
Speakers
Orlando Bravo — Co-Founder, Thoma Bravo

Summary

Orlando Bravo, founder and managing partner of Thoma Bravo, says the recent 20-30% decline in software companies should reverse and is creating buying opportunities. He sees AI as a multi-decade, evolutionary growth driver that will be a boon to enterprise software, with large software vendors like ServiceNow and Salesforce positioned as consolidators. He agrees with Ken Griffin that corporate AI adoption will be slow and take even longer than 10-15 years.

  • Orlando Bravo says software stocks are down 20-30% and should reverse, offering buying opportunities.
  • Bravo says AI will be a multi-decade, evolutionary growth opportunity for enterprise software.
  • He expects large software vendors to consolidate markets and broaden platforms for AI.
  • ServiceNow and Salesforce are named as phenomenal consolidators.
  • Thoma Bravo is looking to be more active in buying public and private software companies.
  • Bravo says corporate AI adoption will take even longer than 10-15 years.
  • He cites a big boom in quarterly bookings at Thoma Bravo companies partly due to AI.
Ideas
Orlando Bravo Co-Founder, Thoma Bravo 0:03
Software selloff creates buying opportunities
AI will eliminate or make labor more productive and is a multi-decade, evolutionary growth opportunity that will be an incredible boon to enterprise software, even though corporate adoption will take longer than 10-15 years.
IGV MED
Orlando Bravo Co-Founder, Thoma Bravo 1:45
Large software consolidators benefit from AI M&A
Large software vendors are not at risk of PE multiple compression; buying others lets them consolidate markets and broaden platforms for the AI world. ServiceNow and Salesforce are named as phenomenal consolidators.
NOW CRM MED
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This CNBC video, published January 21, 2026, features Orlando Bravo discussing IGV, NOW, CRM. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Orlando Bravo  · Tickers: IGV, NOW, CRM