Sword: AI to be integrated into the business model, sale planned
The technology consulting group points out that the sale of AAA, an entity based in Aberdeen (Scotland), should increase its profitability, leading it to raise its profitability target (Ebitda margin) by one percentage point, to 13%, from July 1, 2023.
Sword adds that this change in scope will also benefit the organic growth rate.
AAA, which generated sales of 26 million euros last year, will be deconsolidated from the income statement from May 31, 2023.
This announcement comes at a time when Sword says it is currently working on a plan for the transition and integration of artificial intelligence into its business model, which it intends to present during the second half of the year.
In a press release, the company explains that it intends to adapt its development to the changes that this technology will generate.
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