SOFTWARE SOLUTIONS
GFT AI IMPACT 1.0 : TIME SAVINGS OF UP TO 90 % IN THE SOFTWARE DEVELOPMENT LIFE CYCLE
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 the UK , Europe and South America . In the UK , two tier 1 banks are leveraging AI Impact to accelerate the software development lifecycle process and exploring the code review and code documentation elements as part of a mainframe modernisation initiative . In Brazil , five projects are underway with companies across financial services , telecommunications , retail and health sectors .
“ 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 .”
GFT ’ s 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 .
Dean Clark , Chief Technology Officer at GFT UK , added : “ AI isn ’ t just being used by financial services companies for consumer-facing efficiencies . We ’ re actively working with clients to use the technology to improve the way software is developed , streamline code and speed up development processes and testing times . Companies are looking to leverage that to expand their business .”
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 . These assets help to significantly accelerate the digital transformation journey for clients . �
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