There are 1 Companies in Taiwan
that provide Machine Learning Services!

Despite its relatively small population of 23.5 million citizens, Taiwan continues to strengthen its position as a technological powerhouse. Since the 1980s, Taiwan has taken a proactive approach to the development of emerging technologies. And while this history of manufacturing prowess still accurately defines the island, an economic revolution is underway.

According to a World Economic Forum report Taiwan is in the midst of an innovation-driven economy. These findings are unsurprising given its position as a future-thinking hub of technology and engineering.

Hints of this high-tech excellence are prevalent throughout the Taiwanese economy. In 2017, Taiwan ranked third out of 159 nations for broadband download speeds. Further reflecting its robust manufacturing industry, the country produces 70 percent of the world's integrated circuits and 90 percent of laptops sold around the globe. 

Why you should work with a Taiwanese IT company?

Companies like Microsoft continue to invest heavily in Taiwan’s IoT industry. Taiwan’s ample supply of engineering talents and reasonable wages makes it a desirable tech hub. In response to this growth, the government’s Asia Silicon Valley Development Agency (ASVDA) endeavors to raise Taiwan's global market share in IoT from 3.8 percent in 2015, to 4.2 percent by 2020, and 5 percent by 2025.

In addition to that, local companies continue to provide digital services such as software development, digital design, and cybersecurity among others, especially for foreign companies. Why do international customers choose to work with Taiwanese IT companies?! It’s simple - in the region is really tough to find better options as price/quality offers. 

What to be aware of when working with Taiwanese IT companies

Taking into consideration that the local IT industry performs above the region average, Taiwan is a place where IT companies are extremely competitive, and their density is high. Probably higher than you might get used to in the US or Europe. For this reason, a very important and required action for customers is to pay attention to companies’ specifications - which may be the decisive factor for the result of the project. 

How does the Taiwanese IT industry relate to the neighboring countries?

According to the Organization for Economic Development, Taiwan has a 98.5 percent literacy rate and the fourth highest standardized math test scores in the world. Further, over 25 percent of all university degrees are in engineering. As a result, many continue to see Taiwan as a desirable hub for further investment.

Compared to the neighboring countries, the digits are close when it comes to literacy, however, in terms of the number of engineers, Taiwan surpasses all its neighbors and has one of the highest chances to become the regional leader tech hub, at least in some branches of IT.

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.