There are 3 Companies in Chile
that provide Artificial Intelligence Services!

For decades Chile has grown in different areas, and the technology sector is no exception. In this area, the country continues to be a reference in the region, as one of the most stable countries in Latin America. Recently, the country was ranked 42 out of the 63 nations evaluated by the Digital Competitiveness Index ranking, prepared by the International Institute for Management Development (IMD). It is true that Chile fell seven places in the latest version of this ranking, although it has remained as one of the leaders in technology in the region.

Chile also has a recognized presence of multinational companies that today are leading the great technological and digital transformations in the world. Entities such as Google, IBM, and Cisco have data and innovation centers in Chile that position the country’s industry as an interesting business platform in Latin America.

Why you should work with IT companies from Chile

Tech companies have the chance to expand into foreign territories and regions that show promise in the technology sector. While the Chile technology industry is at a turning point in relation to the path the country wants to continue on, the industry is aware of the enormous challenges of its reality: greater clarity in regulations, fraud prevention, financial portability, personal data protection, biometrics, and cybersecurity.

What you should be aware of when working with IT companies from Chile

In the IMD rating, Chile fell 7 positions in 2020, and this is due to several reasons which make the IT industry challenges. 

First of all, according to bnamerica, there is a demand for young professionals in the IT market, as many new web agencies register a shortage of workforce and it may cause system collapse by 2025 if numbers don’t improve. The reason behind this issue is the low prices on the local web market, which makes the IT industry in Chile a great outsourcing opportunity for foreign companies. 

Additionally, skilled workers in the Chilean IT sector are considered to be inexperienced enough for local IT companies, which in their turn miss the chance of training and preparing professionals for their work. 

How reliable are IT companies from Chile

There are not clear strategies at the corporate or business association’s level for ICT industry development. Most ICT companies are part of the Chilean Association of Companies in ICT (ACTI5 ) or the Chilean Society for Software and Services (GECHS6 ). These companies are focused on providing particular ICT services to public and private organizations, or to citizens. While ACTI groups the big companies, GECHS meets small and medium enterprises and this means that these business associations have different goals because they represent diverse interests - according to a report of PRO-IDEAL. This means that cooperation between foreign companies and local IT and web companies has two be established at two different levels, and depending on each level  - the reliability of companies may differ. 

How does the IT industry from Chile relate to the neighboring countries?

The Chilean IT industry is considered one of the most well-developed in the region, mostly due to the presence of big players on the local market. However, on the already existing IT infrastructure local web agencies and IT companies do not take advantage of it fully, as there is a shortage of experienced workforce. On the other hand, the Chilean IT industry may become a leading model of innovation in the region for neighboring countries, as it applies more modern technologies in developing web and IT products. 

Artificial Intelligence (AI) has emerged as a transformative technology, revolutionizing industries and unlocking new possibilities. It includes a range of services that leverage advanced algorithms and machine-learning techniques to enable machines to simulate human intelligence. These services include natural language processing, AR/VR development, data analysis, and virtual assistants, to name a few. AI is often intertwined with other similar services, such as data science, big data analytics, and sales automation, collectively forming a powerful ecosystem of intelligent solutions.

According to Forbes, 64% of business owners believe AI has the potential to improve customer relationships, indicating a positive outlook on the role of AI in enhancing client interactions

By implementing AI services in their working processes, companies can get a series of benefits, among which are:

• Enhanced efficiency in repetitive tasks
• Improved analytics.
• Enhanced Customer Experiences
• Process optimization

When selecting an AI service provider for a project, it is recommended to consider a series of criteria that would bring you closer to the best-suitable companies you want to work with. Some of the most important are: 

• Expertise and Experience: Look for companies with a proven track record in developing AI solutions relevant to your industry.

• Location: If this is important to your business or project requirements, choose a company that suits your geographical needs, and avoid cultural, and linguistic barriers

• Team size: depending on how urgent you need the project to be delivered, by selecting a company with more resources - you ensure a faster execution

• Hourly rates: even the best matching companies may have an hourly rate that could surpass your budget. To make sure you are on the same financial wave with your potential AI development partners, choose the hourly rate that gets closer to your project.

TechBehemoths, a trusted platform in the tech industry, can assist in selecting the best AI companies for your projects. With a comprehensive directory of AI service providers that includes more than 1200 specialized companies across 50+ countries, TechBehemoths offers unbiased reviews, ratings, and detailed profiles, helping you make informed decisions. The platform features a robust search functionality, allowing you to filter companies based on industry expertise, location, and other project requirements.