Explore Top Artificial Intelligence Companies in Spain
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The ICT Industry in Spain: Insights and Data
Spain is one of the most important ICT markets in Europe, in terms of volume. In 2019, the net worth of the entire sector was estimated at around $108 bn. which makes it an important national economy pillar.
According to a report from ICEX, there are more than 34,000 ICT companies in Spain that engage 550k+ workers in this field.
Additionally, the gross added value at market prices represents 5,3% of Spain’s GDP in 2018, with growth from 4,3% in 2017. Due to its geographical location and favorable IT climate, the industry evolves with big steps, and sometimes it appears that overwhelms the infrastructure.
Why you should work with a Spanish company
Spain is great for all types of IT professionals and companies - from digital nomads and startups, up to big corporations, you can find them all in Spain. The best part is that social education adds great value to digital business culture and develops the environment and industry making a great opportunity both for businesses and professionals.
Another reason why Spanish IT companies are a good option is hourly rate and reliability. According to payscale, the average hourly rate of a developer is around 22 Euros, which is below the European average. Also, the good business tradition will ensure you a sufficient healthy experience with your projects.
What you should be aware of when working with Spanish IT companies
Although it has known a huge growth in the sector, Spain has a shortage of qualified, experienced information technology (IT) professionals to meet the growing demand – especially in the major cities, which dominate the IT market in Spain. This means that together with great project experience, there is a risk of average project execution, in spite of having higher expectations.
Are Spanish company reliable?
In terms of reliability, Spain has never been the top leading country, but also not the last. Due to social culture, it is known that Spanish companies like to bargain and negotiate the prices & services. While some may find this frustrating, most of the businesses like this feature, as it’s one of the business fundamental practices.
How Spanish IT industry relates to the neighboring countries
With all IT industry growth, Spain has registered in the last few years, the country competes with France, which has also managed to score impressive numbers in the IT sector. However, the markets are slightly different for both of them, including but not limited to linguistic differences. Probably, the case of Spain and France are two extremely important cases where culture crosses the IT industry.
Overall, Spain has managed to keep the IT industry grow even with the human resources challenges that are facing. And it is expected in the next years that the regional IT competition will lead to surprise evolution and increased attractiveness to potential clients.
Most of the Spanish IT companies are already registered on TechBehemoths and can be found on their dedicated page. Feel free to contact any web agency, IT firm or software company you consider that can help your project
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.