Tools & Platforms

One in three Greek SMEs engaged with AI tools, survey shows

Published

8 hours ago

July 11, 2025

One in three small and medium-sized enterprises (SMEs) in Greece has engaged with artificial intelligence (AI) tools, a shift that suggests the technology is no longer the preserve of large corporations, according to a new survey by the National Bank of Greece.

The study, titled “Artificial Intelligence as a Growth Catalyst for Greek Businesses,” found that most SMEs use AI for basic applications such as text and image generation. However, one in three users has ventured into more advanced use cases, including data analysis – indicating a quiet wave of technological experimentation that has so far gone under the radar of official statistics.

Despite this progress, the report also pointed to significant untapped potential. Around half of investment-active SMEs have yet to adopt any AI tools, the bank said.

Source link

Related Topics:Artificial Intelligence (AI)Business economy SURVEY

Up Next

New MGA Augmented targets smart-follow market with AI-powered underwriting

Don't Miss

How TBM is evolving to power the AI era – cio.com

Newsroom

Click to comment

Tools & Platforms

DXC Technology’s AI-Powered Tendia Solution Slashes Bid Writing Time for Ventia

Published

51 minutes ago

July 11, 2025

Maham Fatima

DXC Technology Company (NYSE:DXC) is one of the cheap IT stocks hedge funds are buying. On July 3, DXC Technology announced the deployment of an AI-driven bid writing solution called Tendia for Ventia. Ventia is one of the largest essential infrastructure service providers in Australia and New Zealand.

The new platform significantly reduces the time required to draft initial bid responses for major infrastructure contracts, cutting it from days to minutes, thereby enhancing Ventia’s ability to quickly respond to complex and high-value tenders. The Tendia solution was developed in collaboration with DXC and was deployed in just 4 months.

DXC Technology’s AI-Powered Tendia Solution Slashes Bid Writing Time for Ventia

An IT security specialist inspecting a corporate network server for any malicious activity.

It works by automating the time-consuming process of sourcing and synthesizing information from extensive document libraries. Tendia allows their teams to focus on higher-value work, deliver more accurate proposals, and respond more quickly to multi-million-dollar tenders.

DXC Technology Company (NYSE:DXC) provides IT services and solutions internationally.

While we acknowledge the potential of DXC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Disclosure: None. This article is originally published at Insider Monkey.

Source link

Tools & Platforms

DXC Technology’s AI-Powered Tendia Solution Slashes Bid Writing Time for Ventia

Published

51 minutes ago

July 11, 2025

Maham Fatima

DXC Technology’s AI-Powered Tendia Solution Slashes Bid Writing Time for Ventia

An IT security specialist inspecting a corporate network server for any malicious activity.

DXC Technology Company (NYSE:DXC) provides IT services and solutions internationally.

Disclosure: None. This article is originally published at Insider Monkey.

Source link

Tools & Platforms

Retail accelerates investments in generative AI

Published

1 hour ago

July 11, 2025

Xanayra Marin-Lopez

This audio is auto-generated. Please let us know if you have feedback.

Dive Brief:

Over half (56%) of retail organizations have upped their generative AI investments compared to last year, according to a report by Capgemini.
Retail is among the top five industries most advanced in adopting AI agents, with 18% having implemented AI agents or multiagent systems, according to the report.
Across industries, around 40% of organizations tracking ROI expect to achieve positive returns from AI within one to three years.

Dive Insight:

Generative AI has dominated the retail landscape with its various use cases from content creation to consumer-facing tools and more. As companies like Walmart and Target lean further on generative AI, the tech is making its mark in both how customers interact with retailers and behind-the-scenes workflows.

“Gen AI and agentic AI have unique capabilities, making them suitable for specific, non-overlapping tasks,” Sahil Chandratre, head of strategy, analytics and consumer insights for Reliance Retail, said in a statement. “For example, Gen AI is capable of addressing front-end tasks like customer communication and scheduling, and agentic AI is great at handling backend and complex activities such as billing and reconciliation. Systematically deploying the two in relevant areas can lead to synergies and streamlined workflows.”

When H&M introduced an AI-powered HR agent to streamline recruitment and candidate experience, it reduced time-to-hire by 43%, the report found. Additionally, employee attrition decreased by 25%.

Deploying different uses for AI is a balance Walmart and Amazon, among other companies, have attempted to strike.

Walmart’s generative AI shopping assistant Sparky, announced last month, can summarize reviews and help shoppers plan purchases. Amazon continues to push its own generative AI, including by introducing its next-generation Alexa+ assistant in February. Overall, shoppers are increasingly buying from generative AI’s product recommendations.

Meanwhile, companies like Visa and Mastercard are racing to create agentic AI tools that will perform as personal shopping assistants.

The shopping journey has become far more automated than some consumers may prefer. A recent KPMG report found that some shoppers may not fully trust AI or be comfortable with advanced shopping technology, like allowing AI to analyze personal customer data.