GFT Technologies SE / DE0005800601
10.07.2024 - 09:48:23GFT AI Impact 1.0: Time savings of up to 90 per cent in the software development life cycle
| GFT Technologies SE / Key word(s): Product Launch/Miscellaneous 10.07.2024 / 09:48 CET/CEST The issuer is solely responsible for the content of this announcement. Significant acceleration demonstrated in real projects with European and South American companies Stuttgart, 10 July 2024 – The journey of creating software is long, complex, fragmented, and involves dozens of separate tools. Embedded Artificial Intelligence solutions can streamline this process. In pilot projects with Latin American tier 1 banks GFT's AI Impact has demonstrated significant efficiency improvements in software development: 85% faster documentation generation 65% reduction of bug fixing time 85% quicker identification of new vulnerabilities 90% acceleration in story creation 80% faster code review AI Impact eliminates technical debt, increases developer efficiency, and automates processes. Based on the experience gained in these initial projects, GFT now introduces AI Impact 1.0. The solution was launched as a Beta version in November 2023. GFT is currently piloting AI Impact in several tier-1 banks, insurance companies and infrastructure companies in South America and Europe. In Brazil, five projects with companies from the telecommunications, retail and health sectors, as well as the financial sector, are currently underway. “Generative AI is revolutionising the way software is created. I am certain that there will be no software development without AI anymore. Even now, anyone who is developing software without AI is putting themselves at a great disadvantage,” said GFT Co-CEO Marco Santos. “With AI Impact we are making sure our clients are among the first to profit from this revolution.” AI Impact 1.0 is a suite of seven tools that help with different steps of the software development process. They help with creating stories and estimating their effort and complexity, code review, vulnerability detection and code correction, documentation and testing. AI Impact is part of the GFT AI.DA Marketplace, a platform that combines predictive and generative AI technologies and data analytics. The GFT AI.DA Marketplace promotes the development and introduction of AI applications by providing a comprehensive collection of use cases, methods, reference architectures and preconfigured solutions. This helps to significantly accelerate the digital transformation. This press release is also available for download from the GFT newsroom. Your contacts
https://www.gft.com/int/en/blog www.linkedin.com/company/gft-technologies www.twitter.com/gft_tech 10.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
| Language: | English |
| Company: | GFT Technologies SE |
| Schelmenwasenstraße 34 | |
| 70567 Stuttgart | |
| Germany | |
| Phone: | +49 (0)711/62042-0 |
| Fax: | +49 (0)711/62042-301 |
| E-mail: | ir@gft.com |
| Internet: | www.gft.com |
| ISIN: | DE0005800601 |
| WKN: | 580060 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1942871 |
| End of News | EQS News Service |
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