There are 5 Companies in Slovenia
that provide Machine Learning Services!

Slovenia's membership in the EU is and will be a key driver of ICT growth, facilitating increased trade between European markets. Over the next years, the process of EU convergence, which still has far to go, will drive spending on IT projects. Funds such as the EU Cohesion fund are already providing funding for IT projects related to modernization initiatives in both public and business segments. As the government remains the major investor in ICT in Slovenia

The combined government sector also remains the largest spender on IT products and services, unsurprising bearing in mind that the state still owns a wide range of companies across sectors like transport, telecoms, oil and gas, and insurance. Despite all the difficulties, the ICT sector in Slovenia is one of the best sectors of the Slovenian economy, especially since a large part of it is focused on exports. The ICT sector in Slovenia has annual revenues of around 885M Euros

Why working with Slovenian IT companies

IT companies from Slovenia are relatively new to the market and rely on the already existing infrastructure when providing web & software services and solutions to the local and international markets. Based on a report of Belgian company ”Wallonia”, Slovenian IT companies managed to implement the newest IT standards and are specialized in the subsector of software development more than the web, and cloud computing. 

The choice is based on local market demand, as 36% of products and services provided by Slovenian IT companies are sold to the government and implemented in the local public sector, which is supposed to increase the digitalization rate of the country overall. Nonetheless, some other 64% of IT services are designed for regional export and are considered a part of the regional IT backbone in the western Balkans. 

What to pay attention to when working with Slovenian IT companies

It is important to know that most Slovenian IT companies were at the startup phase in 2013, and this makes them new and probably inexperienced in providing competitive services on the global IT market. However, working with Slovenian IT companies may be an interesting experience after all. 

How reliable are Slovenian IT companies

Slovenian IT companies are at an early stage of creating their reputation on the global market. Since not so many IT companies located in  Slovenia managed to highlight their performance, it is challenging to relate to how reliable they are.  But taking into account that in the XXI century all companies have a chance to create a name for themselves, most probably Slovenian IT companies will manage to break the ice, and why not - make out of their country an important regional IT hub. 

How well does the Slovenian IT industry relate to the neighboring countries?

On the regional background, the Slovenian IT industry is neither a shiny country nor an underdeveloped IT environment. But is one of the promising destinations for international clients and foreign companies ready to invest or work with Slovenian IT companies and bring the entire region closer to what the Western-European IT industry is.

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.