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MarketScreener Homepage  >  Equities  >  Xetra  >  GFT Technologies SE    GFT   DE0005800601

GFT TECHNOLOGIES SE

(GFT)
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GFT Technologies : Solution wins IOTSWC19 Testbed Award

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10/31/2019 | 06:47am EST

The IoT Solutions Award recognises the best solutions across several categories, including testbeds. GFT's demo, which demonstrated how the Industrial Internet, combined with Artificial Intelligence, blockchain, drones, 5G and other disruptive technologies, is transforming multiple sectors with new products and services, was selected as the top of the 10 testbeds exhibited at this years' congress.

Esteban Chiner, Senior Architect from GFT Spain, comments: 'Our solution is based on a connected car demo, which shows how data streaming architecture on the cloud allows driving habits to be analysed and deriving customized car insurance as a future use case. The system evaluates drivers' behaviour in real time using cloud-based technology and machine learning.'

The ceremony took place at the Gran Via Exhibition Venue and was described as one of the highlights of this year's IOT Solutions World Congress, which opened on Tuesday. Visitors still have the chance to come by the GFT testbed number 5 in hall 2 to experience the demo themselves.

Further information:

https://www.iotsworldcongress.com/activities/testbeds/selected-testbeds-2019/
https://twitter.com/IOTSWC/status/1189614525496074246

Disclaimer

GFT Technologies SE published this content on 31 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2019 11:46:11 UTC

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Financials (EUR)
Sales 2019 422 M
EBIT 2019 21,1 M
Net income 2019 14,6 M
Debt 2019 41,0 M
Yield 2019 2,38%
P/E ratio 2019 22,1x
P/E ratio 2020 17,3x
EV / Sales2019 0,86x
EV / Sales2020 0,79x
Capitalization 321 M
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Number of Analysts 4
Average target price 12,50  €
Last Close Price 12,20  €
Spread / Highest target 10,7%
Spread / Average Target 2,46%
Spread / Lowest Target -1,64%
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M. A. Roswitha Lulay CEO, MD & Member-Administrative Board
Ulrich Dietz Chairman-Administrative Board
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Andrew Rossiter Head-Technology Services
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