There are 21 Companies in Lithuania
that provide Artificial Intelligence Services!
Lithuania's ICT sector is evolving, full steam ahead. An increasing number of companies have arrived in the country, drawn by its infrastructure, people, and business-friendly mindset. With some of the fastest and most affordable internet connections in Europe and a tech-savvy population ranking 16th in the world for ICT skills, Lithuania has recently attracted giants such as Google
Discover Top IT Companies in Lithuania specialized in Artificial Intelligence including Machine Learning, Natural Language Processing, Cognitive Computing, Chatbots, Robotics and more.
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.
Featured Companies in Lithuania
This month, the following Artificial Intelligence companies managed to provide an outstanding service and support. It's worth taking a look.
⚡Custom Software Solutions with Laravel, Shopware and WordPress for Smarter Business Growth
Custom software development company with 15+ years of experience. We provide engineering and IT consulting services to clients in the US and Europe.
Ainera - team of IT experts , who specialize in various software development and network maintenance.
Explore Top Artificial Intelligence Companies in Lithuania
Andersen is an international software development company with extensive experience in creating cutting-edge applications for high-tech industries.
Data Science with Purpose, Innovation with Impact.
Exadel is a global software consulting & development company that partners with organizations to help them become digital leaders in their industries.
The Collaboratory. A place where initiative meets inquisitiveness.
We are a dynamic IT company empowering IT innovations and technology.
Innowise is a custom software development company based in Poland, Germany, Lithuania, Switzerland, Italy, Georgia, and the USA.
IT Staff Augmentation & Tech Recruitment Services: JayDevs helps you skip the sourcing, job ads, and resume screening.
Lending Software for Banks & Alternative Lenders
Baltic Amadeus - technology partner in banking, insurance, transportation, and telco. Client-centric approach, delivering top-quality IT solutions.
Full-Stack Hardware, Embedded and Software Development Company
Excellence in development
A remote-first software company delivering exceptional digital products, services, enterprise applications & platforms that excite users.
RichBrains is a custom software engineering company with an Agile mindset, deep domain expertise in EdTech, and Amazon and Salesforce partnerships.
It is a product and service software development company assisting organizations around the globe in handling their Microsoft Dynamics ERP/CRM systems
The InData Labs’ team includes 80+ specialists in AI, Generative AI and ChatGPT, Machine Learning, and Big data.
Flatlogic is an easy way to create and host full stack web applications. The platform helps you build React, Vue, Node.js apps in a few clicks.
Itransition is a leading IT consulting and software development company with 20+ years of experience and 3,000+ full-time specialists.
CAST AI is an AI cloud optimization engine that cuts costs, boosts DevOps, and prevents downtime.
Services:
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The ICT in Lithuania: Overview and Companies Data
In the past 10 years, Lithuania developed its IT industry and infrastructure. Projects like e-Lithuania, e-residency, and VR Lithuania among others, transformed the country into a fully digitalized hub in the Baltic region.
The IT sector itself plays an important role in the Lithuanian economy, registering a 739 millions Euros turnover in 2020. Also, ~4.0% of the entire Lithuanian workforce is enrolled in the IT industry, for those 4200+ digital companies that export their services in 130 countries.
Why working with Lithuanian IT companies
Essential e-solutions in Lithuania that enable the digital society to function smoothly were all built by local Lithuanian companies. This enhances the reliability of Lithuanian IT companies not only locally but also worldwide - about this we will relate a bit later.
The already built digital system in Lithuania, already tells a lot about Lithuanian IT companies that perform excellently, and are becoming more and more attractive not only for companies but also for skilled professionals that are enjoying preferential conditions.
So, after all, why you should work with Lithuanian IT companies?!
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Skilled workers - that provide high-level digital services
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Open market - that facilitate and ease the access to IT resources and companies services
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Low taxes - compared with other European countries, Lithuania helps local IT and tech companies generate sales, by cutting taxes - which can reflect a lower price/project for the end customer
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Healthy business environment - a well-established communication between businesses is assured
What you should pay attention to when working with Lithuanian IT companies
However, working with Lithuanian IT companies can be also tricky. Even though the post soviet reminiscences are not visible, you still can hit Russian Lithuanians that are providing the same IT services, but on a relatively lower quality, and in a very specific manner. Roughly, some of the companies are only benefiting from the developed IT environment in Lithuania, but don’t follow the same guidelines as the wide majority of companies do.
Another challenge is the limited human resources that Lithuanian companies can have. The country’s population is just above 3 million people and 6% of it is simply not enough to cover all market demands, so possibly it would be difficult to find an available IT company based in Lithuania to take a big project or so.
How developed is Lithuanian IT Infrastructure
Lithuania ranks among the top European countries with the highest IT infrastructure. As mentioned previously, its digital transformation made the country one of the regional leaders in innovation. But even so, the country is still not done yet with developing its IT capabilities.
How does the Lithuanian IT industry perform compared to the neighboring countries?
In the Baltics, Lithuania is a detached leader in IT. Latvia and Estonia are behind simply because they focused on developing other sectors. But the Lithuanian performance is also motivated by people’s attachment to digital technologies. The continuously growing number of digital agencies confirms once again that Lithuania ranks better than neighboring countries.
But speaking about Lithuania as an extension to Europe’s northern region, the country is in tight competition with Latvia and Estonia, which also find themselves somewhere in the first half of the European IT community.
Compared with those two countries, Lithuanian companies will rather provide lower prices for their IT and digital services and products, but at the same time, Lithuania has way more limited resources than Estonia or Finland.
All in all, Lithuania is a great country to consider for digital projects, and local companies' rich experience with digital transformation can make a difference in their projects.
Lithuania's Tech in 2022 - Update
Considering the progress Lithuania made throughout the last 3 years, is no wonder that 2022 will be another good period for the ICT and especially local IT companies. Lithuania is abundant with news and tech-related events meant to encourage startups and entrepreneurship. As a direct result of continuous efforts invested in ICT, Lithuania got the #10 global position in FinTech and has over 42K ICT specialists employed in the tech sector as of December 2021. With this speed, Lithuania is estimated to become more than just a competitive country in the region.
What is Artificial Intelligence and what are its benefits for your projects?
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:
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Expertise and Experience: Look for companies with a proven track record in developing AI solutions relevant to your industry.
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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
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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
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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.