There are 4 Companies in Latvia
that provide IT Strategy Consulting Services!

With a population of just over 2 million, Latvia has been qualified as a high-income country by the World Bank. It had come a long way since the year 1991, far from the shadow of the Soviet Union, to create a place for itself in global affairs – economic, political, cultural, or academic. 

Many people identify Latvia as a country with one of the fastest internet speeds in the world, more than the United Kingdom or France even! However, the high-tech atmosphere in Latvia is much broader and exciting than that. In a short period of time, Latvia has managed to build a ground for the development of ecosystems that support the growth of high-tech and deep-tech industries and infrastructures.

Why you should work with Latvian IT companies

Like the country itself, Latvian IT companies are in a continuous transformation and develop their capabilities at high speed. Organizing fairs and events, working with international companies, and exporting their services to almost all European countries, Latvian IT companies managed to increase their competitiveness and number of clients with more than 70% in 2019, compared to the previous year. 

World Bank data suggests that in 2018, the high technology exports as a percentage share of total manufacture exports of Latvia were at 19.3%.  According to another statistic - the Global Innovation Index 2019, Latvia ranks at 34 in the world. Just to mention, that in 2015, the same index placed Latvia in the 81st position. 

What to be aware of when working with Latvian IT companies

There are not too many things that are challenging for Latvian IT companies, and probably, like in all three Baltic countries, Latvia faces the same problem - limited human resources. Out of 2 million people in Latvia, 4.5% are enrolled in the IT industry. And even if the country tries to stimulate the numbers to grow, everything moves a bit slowly like in Estonia for example.  

Are Latvian companies reliable?

The Latvian business traditions find their roots back in the former Soviet Union, and while it was bordering the nordic countries the Latvian society followed practices and business culture from both sides. 

Now, Latvian companies, including those in the IT industry enjoy a high level of reliability and trust, including but not limited to on-time delivered projects, well-executed digital services, good project management, and why not - linguistic capabilities of the locals. 

How does Latvia perform compared to its neighboring countries in terms of IT?

Together with Estonia and Lithuania, Latvia is a part of the Baltic IT hub - probably one of the most progressive in Europe. The well-developed IT infrastructure is interconnected with the other two countries, and many companies provide services in the entire Baltic region.  It is something specific for the region, where three countries collaborate tightly based on the understanding that together they are stronger. 

Taking Latvia apart from those two countries, we could say that its IT industry does not differ from their neighboring countries, and probably is at a slightly lower level than Estonian’s tech scene, since the last one has been thru many digital transformations lately.

IT strategy is a broad notion that refers to how an organization manages its hardware, software, networks, policies, staff, and cloud-based technologies. Companies hire IT strategy consulting firms to examine many aspects of their operations, such as administration and expense effectiveness.

According to consulting statistics supplied by Consultancy.uk, management consulting is 27% likely to be automated. To put it another way, management consultants must boost productivity through automation in order to remain competitive and profitable.

Benefits and key factors of hiring an IT consulting service include:

• Obtaining proficient IT assistance and prompt services;

• Enhancing effectiveness and business results via streamlined procedures;

• Cost and Time Savings;

• Strengthened concentration on the primary business activities;

• Identifying vital areas for enhancement;

• Gaining from established knowledge and proficiency;

• Augmented security, software upkeep, and assistance;

• Proficient and efficient communication.

IT strategy consulting utilizes various technologies to optimize organizations' IT infrastructure and operations, including key technologies like: Cloud Computing, Data Analytics and Business Intelligence, Artificial Intelligence and Machine Learning, Cybersecurity Solutions, IT Infrastructure Management, ERP & CRM Systems, IoT Solutions and so on.

Therefore, you can use TechBehemoths to find reputable and successful IT Strategy Consulting service providers.

After you landed on the list of IT Strategy Consulting companies on TechBehemoths, you can continue your research by filtering them using criteria such as:

• Team size 

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Find more about how to choose an IT Strategy Consulting Company on TechBehemoths. 

Our platform can connect you with the leading IT consulting company at the moment if you're looking for a company that combines these competencies while also offering top-notch insights into the operations of your business. 

However, choosing the best vendor for your project may be difficult given that TechBehemoths lists over 2047 IT Strategy Consulting businesses. To accomplish this, we advise submitting your project directly on TechBehemoths, which will enable us to find the businesses using the platform that best meet your needs.