Interest Rate Environment: Higher interest rates can increase borrowing costs for businesses, potentially reducing their investment in new software solutions like Sprinklr's experience management platform.

Inflationary Pressures: Elevated inflation can squeeze corporate budgets, leading companies to cut discretionary spending, which may impact demand for Sprinklr's enterprise software, especially if perceived as non-essential.

AI and Technology Investment Trends: While AI disruption might pose risks to some software firms as seen with Qualtrics, Sprinklr's focus on an "AI-driven platform" could position it favorably, as companies continue to invest in advanced technologies for efficiency and improved customer engagement. However, increased competition in the AI space could also be a factor.