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FINTECH NEWS

Switzerland’s fastest-growing AI company Unit8 takes a look at the Swiss economy in 2023

05.12.2022
2 minutes

According to Unit8, Swiss companies are preparing for tougher times: costs and processes are under scrutiny, including spending on IT infrastructure, cloud technologies, and AI & analytics initiatives.

In general, we see that the Swiss economy is negatively affected by the rising levels of inflation

says Michal Rachtan, CTO and Co-Founder of Unit8. ‘Although effects in Switzerland are not as pronounced as in the eurozone, the rising cost of material, energy, and services is forcing companies to rethink their strategies.’

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