One of the most common ideas surrounding the impact of artificial intelligence (AI) relates to workplace productivity. JPMorgan Chase CEO Jamie Dimon recently theorized that AI will bring such massive efficiencies to the workplace that employees will work just three and a half days a week as the technology continues to develop.
One of the biggest drivers of improved productivity in an enterprise environment comes from how AI will be integrated into software platforms. Many investors are familiar with it Palantir Technologies — an enterprise software company specializing in data-driven analytics. Advances in AI have made Palantir a leader in software, and the market has been cheering the company on for some time.
Recently I came across another rising star in the field of AI software called Asana (NYSE: ASAN). Although Asana’s stock price has performed essentially on par with the S&P500 And Nasdaq Composite This year, recent moves indicate the stock is poised to take off.
Asana offers workplace productivity software: tools that help you manage and streamline workflows. These platforms make tasks such as assigning project roles, scheduling meetings, and tracking progress within teams easier.
As generative AI becomes increasingly integrated with software tools, the idea is that productivity platforms will have even more robust capabilities, driving higher levels of efficiency in the workplace.
According to Grand View Research, the total addressable market (TAM) for AI productivity tools is expected to grow at a compound annual growth rate of 27% between 2024 and 2030 – ultimately reaching $36.4 billion by the end of this decade reaches.
In the chart below, you can see that Asana stock had a pretty dramatic drop on December 6. The driving force behind this upward move was a better-than-expected Q3 2025 earnings report, in which management boasted about the company’s successful foray into new AI-powered stocks. tools.
And I can’t help but draw a comparison between this rally for Asana and the one for Palantir last spring. The company launched its Artificial Intelligence Platform (AIP) in April 2023, and its stock prices rose the following month when it reported first-quarter results. Since then, management has demonstrated how AIP accelerates revenue, increases margins and drives consistent profitability. This dynamic has led to a wave of bullish buying for the stock. In fact, at the time of writing, Palantir is the best-performing S&P 500 component of 2024 – up more than 315% year to date.
