Articles from GFT

Global digital transformation company GFT and Google Cloud are collaborating to bring their newest manufacturing-specific AI capabilities to factory floors. Last year, the GFT announced its implementation of Google Cloud’s Manufacturing Data Engine (MDE), which fueled new AI use cases, such as visual production line inspection, predictive machine maintenance, and production forecasting. Now, GFT is unveiling its next set of applications built on Google’s Gemini Models, including the ability to determine the root cause of errors and defects, visual dashboards that enable users to query organization-wide data in natural language, predicting parts obsolescence before it results in machine downtime, and the ability to convert thousands of machine training manuals into avatar-led video demonstrations.

Global digital transformation company GFT today announced the latest step in its U.S. growth with the appointment of Rishi Chohan as its U.S. CEO. Chohan succeeds former CEO of the Americas Marco Santos, who took over as GFT’s Global CEO in January 2025. He and Chohan will continue scaling GFT’s work in the U.S. as they execute on a five-year strategy to transform GFT from the inside out with AI. Along the way, it will leverage its deep domain experience to roll out a series of vertical-specific AI solutions.

GFT has received two 2024 Geography and Global AWS Partner Awards, which recognize leaders around the globe that are playing key roles in helping their customers drive innovation and build solutions on Amazon Web Services (AWS).

GFT Technologies is collaborating with NVIDIA to bring advanced AI solutions to the financial services and manufacturing sectors. The collaboration will combine GFT’s deep expertise in digitalising global banks, financial institutions and manufacturers with NVIDIA’s AI software tools and accelerated computing platform for generative AI to drive a new level of innovation and efficiency in both industries.

Manufacturers are in the midst of one of the most significant transformations of their time, defined in large part by new AI-powered efficiencies. But for many companies, decades of siloed data stands between them and this new reality. GFT has been working with Google Cloud since 2019 to implement the digital infrastructure that manufacturers need to bring their data into one place, and then put it to work for new AI use cases across the production lifecycle. Now, they’re providing a hands-on look at how manufacturers can bring these use cases to life on their factory floors via MxD (Manufacturing x Digital)’s innovation center.

U.S. banking customers are warming up to the idea of artificial intelligence (AI), with some parameters, according to a new report released today. The Banking Disruption Index from global digital transformation company GFT finds that 44% of U.S. consumers say they are happy with AI being used within their personal banking experience, as long as banks allow them visibility into how it’s being used. They also have strong opinions about which banking functions AI should be involved with.

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.

U.S. banks’ customers are the happiest in the world, according to a new report released today. The Banking Disruption Index from global digital transformation company GFT finds that 42% of U.S. consumers claim to be very happy with their bank. While U.S. banks can take comfort in the fact that their customers are happier than those in other countries, the Banking Disruption Index also warns of the majority (58%) who claim their banks could be doing more to ensure their complete satisfaction.

Global digital transformation company GFT has named Scott Hofmann its Chief Revenue Officer (CRO) in the U.S. Hofmann joins GFT following the company’s recently announced plans to unify operations in the Americas to serve companies both in the U.S. and throughout the region. Hofmann previously served as Senior Vice President and Managing Director at Globant and has more than two decades of experience driving digital adoption on both a regional and global scale.

A wave of modernization is sweeping through the banking world. In a 2021 study1) by Gartner®, 28 percent of the respondents reported making major replacements to their core banking systems, and 30 percent reported making phased replacements in the past 12 months, or will do over the next two years. In replacing their systems, more and more banks are switching to the latest generation of core banking systems that run in the cloud.

As global spending on digital transformation increases, the U.S. has emerged as a clear frontrunner, with spending over the next five years accounting for nearly 35% of the worldwide total. While most American companies are clear about the need to undergo transformation, few can afford the mistake of going it alone.

Taking the UK as an example, GFT’s latest Banking Disruption Index illustrates just how high the pressure is on banks to offer cutting-edge digital services: 67 percent of customers prefer to use digital channels rather than visiting a branch in person. However, many banks are still working with IT systems that are decades old and incapable of helping them meet customer expectations. Consequently, the entire financial sector is investing huge sums in IT.

Private capital’s net asset value has grown more than sevenfold since the early 2000s—twice as fast as public equities—according to McKinsey’s Global Private Markets Review. Because of this, private capital firms need to increase productivity, efficiency and product delivery—but the demands of the market are outpacing their ability to respond using legacy infrastructure.