Fintech PR
GFT AI.DA Marketplace: The faster way to utilise AI
Modular system with over 20 industry-specific solutions
LONDON, Oct. 16, 2023 /PRNewswire/ — GFT already generated 30 percent growth with artificial intelligence (AI) in 2022. Now the digital transformation group is sharpening its focus on this technology of the future.
GFT has implemented over 200 AI projects for its clients in recent years. In 2022 alone, revenue of €50 million was generated with AI and data platforms. In order to best serve the rapid growth in client demand for predictive and generative AI technology, the company is now launching GFT AI.DA Marketplace – whereby AI.DA stands for Artificial Intelligence & Data. With its comprehensive use case library, methodologies, reference architectures and preconfigured solutions, GFT AI.DA Marketplace accelerates the design and implementation of AI-based applications. At the same time, GFT is continuing to expand its expertise in this area: with a broad-based internal “AI first” programme, all GFT talents are being trained in the use of AI. This is expected to enhance productivity in all areas of the company.
“Over the past few years, our clients have invested heavily in the modernisation of their platforms. With intelligent AI solutions, they can now leverage their benefits exponentially,” says Marika Lulay, CEO of GFT. “With GFT AI.DA Marketplace, we help clients with the fundamental challenge of choosing the right combination of AI solutions. We integrate the use of data platforms to raise productivity, but also to improve the end-user experience.”
Intelligent agent
One example of the potential of the new AI solutions offered by GFT AI.DA Marketplace is the GFT Banking Agent. This virtual assistant enables bank customers to conduct almost all banking transactions using colloquial language, thus saving considerable time. In turn, banks can use it to significantly improve their customer service while at the same time raising efficiency. According to GFT, the solution can be implemented within three months. Further highlights of the GFT AI.DA Marketplace modular system:
- GFT Visual Inspection makes quality control fast, easy and effective.
- GFT Fraud Detection tracks down and prevents unauthorised payments.
- GFT AI Impact Beta simplifies and accelerates software production.
When clients adopt these solutions, they benefit from GFT’s deep technological expertise and many years of experience with AI projects. GFT also cooperates with renowned partners such as Google Cloud, Microsoft Azure and Amazon Web Services. This ensures maximum efficiency and security when integrating AI solutions into IT infrastructures.
Cloud, data and AI are key drivers of digital transformation
Companies need AI technology to get the most out of the vast and valuable amounts of data they manage. And feeding the AI algorithms with data requires a modern cloud infrastructure. Cloud, data and AI are thus the key growth drivers for digital business transformation[1]. With its wide-ranging expertise in cloud, data and AI, GFT covers all key technologies.
“The scalable compute power of the cloud combined with the emerging AI models offer more opportunities than ever before. Having a well established and secure data strategy, supported by a modern data platform means regulated firms will be able to fully embrace the benefits of AI,” says David Tuppen, Head of Data, Analytics and AI at GFT.
Huge market potential for AI
A recent forecast from the International Data Corporation (IDC) shows that global company spending on AI – including software, hardware and services for AI-centric systems – will reach about $154 billion in 2023. This represents an increase of almost 27 percent over the amount spent in 2022. The ongoing incorporation of AI into a wide range of products will result in a compound annual growth rate (CAGR) of 27 percent over the forecast period 2022-2026. Market volume is expected to pass the $300 billion mark in 2026[2].
Agile growth strategy goes beyond AI
GFT anticipates future trends at an early stage. To exploit market potential, the company develops ideas and solutions before technologies are widely applied. This means that its clients are among the first to be able to use new trends productively. In addition to AI, GFT is currently focusing on solutions for the financial sector based on distributed ledger technology (DLT), for example.
“For our clients, as well as ourselves, AI enables a quantum leap towards even greater productivity and competitiveness,” concludes Marika Lulay. “GFT AI.DA Marketplace makes it even easier to use exactly the right technology – be it predictive or now increasingly generative – in everyday business.”
Learn more about GFT AI.DA Marketplace.
1. Gartner, forecast “Worldwide Public Cloud End-User Spending,” April 2023.
2. International Data Corporation Worldwide Artificial Intelligence Spending Guide, March 2023.
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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.
The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.
To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.
The webcast can be followed live here and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.
The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826
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Invitation to presentation of EQT AB’s Q1 Announcement 2024 |
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- Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
- Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
- Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
- Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
- PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
- Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
- 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
- CEO reaffirms Kia’s commitment to ESG management
SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.
Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.
During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.
The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.
“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”
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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.
As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.
The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.
Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.
About BioVaxys Technology Corp.
BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.
ON BEHALF OF THE BOARD
Signed “James Passin“
James Passin, Chief Executive Officer
Phone: +1 646 452 7054
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