(AOF) – Cegedim (+0.74% to 13.60 euros) announces consolidated revenue for the first quarter of 2024 of 155.9 million euros, up 6.9% in published data and 6 % in organic data over one year. The group underlines that its Cegedim Santé division experienced a 12.6% drop in its turnover over the period mainly due to an unfavorable base effect linked to the payment of Ségur subsidies in 2023. The other French subsidiaries showed a growth of 3.6% generated primarily by HR activities which continue to develop.
Cegedim announces that based on currently available data, it anticipates organic growth in its 2024 turnover of between 5% and 8% year-on-year. Current operating income should continue to progress by continuing the trends observed in 2023. The group specifies, however, that these objectives “do not constitute forecasts and could be called into question in the event of a significant worsening of geopolitical, economic and monetary risks”.
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Moving forward in generative AI
Digital companies have already started to adapt their offers and practices to this development, which combines ChatGPT and information systems. The most developed use cases concern call centers with the intervention of chatbots or in marketing, to generate text or images automatically. The potential is enormous and Accenture France aims to achieve 30% of its activity with the data & AI niche by 2025. World market leader, Accenture has announced $3 billion in investment over three years in this area, with a doubling in the number of dedicated employees to reach 80,000 (out of 738,000 in total). As for the French leader in the sector, Capgemini, it is targeting an investment of 2 billion euros over the next three years, and 60,000 specialized employees (out of 360,000 currently).
Artificial intelligence now regulated in Europe
An attempt was made to find a balance between the desire to protect the fundamental rights of citizens and the desire not to restrict the development of European start-ups. The French and German associations of digital companies, Numeum and Bitkom, had also called for a European regulation on artificial intelligence (AI Act) favorable to innovation for AI in Europe and without overly restrictive rules, particularly for generative AI. The European approach is to impose obligations for high-risk AI systems, rated from low to unacceptable. For the regulation of generative AI (ChatGPT type systems), the EU has established stronger requirements for the most powerful models.