GFT AI Impact 1.0: Time savings of up to 90 per cent in the software
development life cycle

EQS-News: GFT Technologies SE / Key word(s): Product Launch/Miscellaneous
GFT AI Impact 1.0: Time savings of up to 90 per cent in the software
development life cycle

10.07.2024 / 09:48 CET/CEST
The issuer is solely responsible for the content of this announcement.

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GFT AI Impact 1.0: Time savings of up to 90 per cent in the software
development life cycle

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

                            GFT Press    Investors
                     Dr Markus Müller    Andreas Herzog
               Group Public Relations    Investor Relations
                  GFT Technologies SE    GFT Technologies SE
               Schelmenwasenstraße 34    Schelmenwasenstraße 34
                      70567 Stuttgart    70567 Stuttgart
                              Germany    Germany
                    +49 711 62042-344    +49 711 62042-383
          (1)markus.j.mueller@gft.com    (1)Andreas.Herzog@gft.com

1. mailto:markus.j.mueller@gft.com 1. mailto:Andreas.Herzog@gft.com
About GFT - Shaping the future of digital business

GFT is a digital transformation pioneer. By leveraging next-generation
technologies, we enable clients to boost their productivity with intelligent
software solutions. We focus on Digital Finance, Enterprise AI & Data
Solutions, and Platform Modernisation.

GFT's strengths include deep technological excellence, a strong ecosystem of
partners, and industry expertise. We are agile@scale and boost digital
transformation for clients from the finance and insurance sectors, as well
as the manufacturing industry. GFT talents create, implement, and manage
software applications to enable innovative businesses while complying with
regulations.

With locations in 20 markets around the globe, GFT ensures proximity to its
clients. We draw on over 35 years of experience and a global team of over
12,000 determined talents. GFT provides them with career opportunities in
the most innovative areas of software engineering. The GFT Technologies SE
share is listed in the SDAX index of the German Stock Exchange (ticker:
GFT-XE).

www.gft.com
https://www.gft.com/int/en/blog
www.linkedin.com/company/gft-technologies
www.twitter.com/gft_tech


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   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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1942871 10.07.2024 CET/CEST