Docusign’s AI-Driven Recovery Amid Post-Pandemic Slump
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BTCCSquare news:
Docusign (DOCU), once a pandemic-era highflier with shares peaking at $310 in 2021, now trades 74% below its zenith despite a 40% rebound over the past year. The e-signature leader faces a post-lockdown hangover as demand for remote contract tools wanes, but its new Intelligent Agreement Management (IAM) platform—powered by AI—could reignite growth.
Deloitte estimates poor contract management costs businesses $2 trillion annually. Docusign's IAM aims to capture this opportunity by streamlining drafting, negotiation, and lifecycle management through AI automation. The platform's early traction suggests the company may yet convert its technological edge into market outperformance.
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