Enterprise AI
Copilots and workflow automation replacing part of the work, not just assisting it.
Stack position
Where Enterprise AI sits in the AI stack
L16 · AI Security
Model, data, prompt, agent, and identity security plus governance — spans the whole stack.
L17 · Enterprise AI
Copilots and workflow automation replacing part of the work, not just assisting it.
L18 · Vertical AI
AI-native products in healthcare, finance, legal, manufacturing, and other verticals.
L19 · Physical AI
Robots, autonomous vehicles, and drones: perception to actuation in the physical world.
Icons mark layer roles — not company logos. Position only; not a price chart.
Why this layer matters
The progression is SaaS → copilot → agent → autonomous workflow. The change is in what is being sold: software used to help a person work, and is starting to perform part of the work — which reprices it against labour rather than against other software.
What is the bottleneck?
Adoption is gated by trust and by change management inside the buyer, not by model quality.
A structural observation about supplier concentration and lead times — not a view on any security.
Who sits in this layer?
This layer is left empty on purpose. Assigning a company to it would be our opinion rather than a statement about the company's primary business, and we would rather publish nothing than publish a classification we cannot defend as fact.
Coverage boundary
Coverage boundary: US-listed tickers or ADRs only (same rule as TSM / ASML). Important suppliers without a US listing are omitted even when they matter to the stack. That is a coverage rule, not a quality ranking.
No hand-listed notable omissions for this layer yet. The US-list / ADR rule still applies.
Checked 2026-10-09. Not exhaustive.
Same track
Descriptive positioning only. The positioning label says whether a company's business is exposed to a layer, never whether to buy it. Layers with no exposure are not recommendations to add any.