There are 7 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.
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.
For more than 20 years, Exadel has been delivering Digital Transformation services, enterprise and custom software solutions for Fortune 500 clients,...
We help you bring your digital strategy to life by combining high-end software engineering, product thinking, and user-centric design. Accompanied by...
JayDevs is a company with top-industry specialists on board: senior and lead software developers, QA specialists, project managers, and DevOps enginee...
Explore Top Artificial Intelligence Companies in Lithuania
About the company: We deal with the creation, improvement and management of IT systems, web development, mobile app development and we also take care...
HES FinTech helps banks and alternative lenders make the shift to digital lending automation. On the basis of the HES Core™, we deliver tailor-made le...
Filter Artificial Intelligence Companies in Lithuania by Cities
Dive deeper and find the company you need close to you or, from a specific city you prefer. Some of the best companies come from smaller places
Find more Artificial Intelligence companies around the world
TechBehemoths is the world's most advanced and user-friendly platform to match IT Companies with real clients without hustle.
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?!
Skilled workers - that provide high-level digital services
Open market - that facilitate and ease the access to IT resources and companies services
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
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.