There are 23 Companies in Estonia
that provide Machine Learning Services!

In the past 10 years, Estonia developed its IT industry and infrastructure. Projects like e-Estonia, e-residency, and VR Estonia among others, transformed the country into a fully digitalized hub in the Baltic region. 

The IT sector itself plays an important role in the Estonian economy, registering a 3,68 bn Euros turnover in 2020. Also, ~6.0% of the entire Estonian workforce is enrolled in the IT industry, for those 4800+ digital companies that export their services in 130 countries. 

Why working with Estonian IT companies

Essential e-solutions in Estonia that enable the digital society to function smoothly were all built by local Estonian companies. This enhances the reliability of Estonian IT companies not only locally but also worldwide - about this we will relate a bit later. 

The already built digital system in Estonia, already tells a lot about Estonian 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 Estonian 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, Estonia 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 Estonian IT companies

However, working with Estonian IT companies can be also tricky. Even though the post soviet reminiscences are not visible, you still can hit Russian Estonians 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 Estonia, but don’t follow the same guidelines as the wide majority of companies do. 

Another challenge is the limited human resources that Estonian 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 Estonia to take a big project or so. 

How developed is Estonian IT Infrastructure

Estonia 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 Estonian IT industry perform compared to the neighboring countries?

In the Baltics, Estonia is a detached leader in IT. Latvia and Lithuania are behind simply because they focused on developing other sectors. But the Estonian performance is also motivated by people’s attachment to digital technologies.  The continuously growing number of digital agencies confirms once again that Estonia ranks better than neighboring countries. 

But speaking about Estonia as an extension to Europe’s northern region, the country is in tight competition with Sweden and Finland, which also find themselves somewhere in the first half of the European IT community. 

Compared with those two countries, Estonian companies will rather provide lower prices for their IT and digital services and products, but at the same time, Estonia has way more limited resources than Sweden or Finland. 

All in all, Estonia is a great country to consider for digital projects, and local companies' rich experience with digital transformation can make a difference for their projects.

Machine Learning is a branch of artificial intelligence, that uses data and algorithms in order to imitate human intelligence. It's like teaching computers to learn from examples and once the computer learns, it can help with all sorts of tasks, like:

• Classifying data into different categories: spam or ham/  healthy or unhealthy etc.

• Predicting outcomes,  predicting future events, such as product demand, or financial risk.

• Recommending products or services to customers based on their past behavior or preferences.

• Optimizing processes, such as supply chain management or customer service.

Machine learning is part of many AI applications such as recommendation systems, spam filtering, image recognition, natural language processing, and fraud detection.

According to a recent report by Gartner, the global market for machine learning is expected to reach $119.5 billion by 2024. This growth is being driven by the increasing adoption of machine learning in a wide range of industries, including healthcare, finance, retail, and manufacturing.

Who provides machine learning services?

As we see, machine learning is a complex field and we know that a variety of professionals are involved. Here are a few of them:

• Machine learning engineers who develop and deploy machine learning algorithms.

• Data scientists who collect, clean, and analyze data for machine learning applications.

• AI consultants that help businesses adopt machine learning technologies.

We invite you to discover which are the best ML companies in 2023 on our blog and find the best ML service providers on Techbehemoths using the filter or submitting your project and we will help to choose your perfect match. There are more than 530 companies that provide machine learning solutions.

Also, we invite you to read how AI and Machine Learning are revolutionizing the written word and what is the role of machine learning in smart city life.