There are 4 Companies in Pakistan
that provide Mistral Services!

Pakistan’s Information Technology (IT) sector has a promising future with its talented youth and is poised to become the largest export industry of the country, according to the Pakistani High Commissioner to the UK. 

Based on this information, it is also important to mention that the average salary in the IT industry in Pakistan is estimated at around 378 USD/mo, making the country one of the most accessible and competitive in the region in terms of prices. 

Based on a report of the State Bank of Pakistan, the IT industry value is set to grow double in 2020, making a progress from $3,5 bn in 2019 to $7 bn. USD. 

Why working with Pakistan-based IT companies

Pakistan-based IT companies and web agencies are in the full development process and promoting their services mainly to foreign clients using the latest technologies. Even though Pakistan is probably the newest player in the IT sector in the region, it revealed it has huge capacities with a number of tech startups and new web agencies that continue to grow. In this way, there are more than 1500 IT companies in Pakistan with 10,000 professionals enrolling in the sector each year. 

What to be aware of when working with Pakistan-based IT companies

The relatively low number of IT companies in Pakistan is motivated by two factors: First, as mentioned previously is that the web agencies based in Pakistan are new in the region and are in full development and promotion process. The second reason is that professionals in the country are focused more on freelancing than entering a corporate environment and developing a digital business system - based on a report from the NY Times. 

Considering both indicators, it should be noted that the Pakistan-based companies don’t have rich experience on the market and thus, a developed-business culture which may be a challenge for potential foreign clients. 

How reliable are IT companies from Pakistan

The young and inexperienced behavior of Pakistan-based IT companies and web agencies is compensated by the high capacity and low prices on the market that they can provide. This makes Pakistan-based companies and web agencies, but as well as freelancers to have a balanced reputation on the global market, making the selection process easier for potential clients. 

How Pakistani IT Industry relates to the neighboring countries

Pakistan is trying to make its place in the global setup. Perhaps, this is the reason why the country’s freelancers offer rates 30% to 50% less than the ones offered in India. According to NASSCOM, India’s IT market size is $150 billion while Pakistan’s is just $3.5 billion. While India’s population is seven times higher, their investment in the startup's ratio is also 30 times greater. The ratio of the size of the economy is 1:10 while the market size of startups is 1:100.  This can be improved as Pakistan’s startups market can grow up to 5 times

The Global Competitiveness Index and Ease of Doing Business Index of Pakistan show that the country has some giant strides to make. India has 6 big IT companies and every company has at least a $10-billion revenue a year. Google, IBM, and Microsoft have their local office in India, promoting the country’s industry through research and development. On the other hand, Pakistan has not seen business tycoons venture into the IT industry. Pakistani businessmen love to invest in real estate and gold.

Created to build highly efficient and accessible large language models (LLMs), Mistral is a French AI company. Its goal is to make advanced technologies accessible for businesses, researchers, and developers. It follows an open-source strategy, giving users access to change, integrate, and distribute AI models with increased flexibility. 

Mistral is characterized by high performance, support for many coding languages, and a wide context span. This AI startup is used for emotion analysis, code writing, bug fixing, critical thinking, chats & virtual assistants, and the generation of text. It is built on a transformer infrastructure, which represents a type of neural network that writes text while it predicts the second most probable word or phrase.

Its chatbot called Le Chat has a free version for users on the web and mobile app, but also has a paid model for businesses called Le Chat Enterprise. Mistrals is a rival to other AI chatbots like ChatGPT, having lower costs, higher performance, and results.

What are the advantages of using Mistral for your project?

Used by individuals, developers, and entrepreneurs, Mistral offers the option to use their virtual assistant, generate and summarize text, create content, and write code. Your project can leverage its advantages, and they are the following:

• High level of customization and flexibility
• Budget-friendly
• Business-grade AI abilities
• Opne-source
• Support for multiple programming languages
• Seamless integration
• Strong community and support
• High-rate output

How to find the best Mistral platform?

Mistral is used in versatile domains like software development, finance, education, and customer support. For your project to leverage the perks from Mistral, you should choose the best partner that provides its services. To do that, follow the following criteria:

1. Versions and specializations: Mistral offers multiple versions, like Mistral Medium 3 and Mistral Large 2, that are commercial models. Mistral 7B and Mixtral 8x7B are open source. There are many more versions with different tools and features, so the chosen platform for your project should have various models of Mistral or to have the one that fits the best.
2. Control over data privacy: You can deploy Mistral models to places where it is important for data security, regulatory compliance, or framework control. Select platforms that support the deployment options matching your project's needs. It gives a higher level of customization and control over your data.
3. Seamless incorporation and Developer features: Select a Grok platform that provides developer-centric features like SDKs, API-first design, orchestration tools, and connectors that facilitate integration with your existing system. 
4. Cost-efficiency: Mistral has, besides a free version, various payment models. Starting with $0.10 input and $0.30 output, to $2.00 input and $2.00 output per million tokens. You can also pay $1.00per 1,000 pages, $30/ 1,000 queries, $100/1,000 images, and $0,01 per API call. Choose a platform that offers payment models affordable for your project’s budget with the desired features.
5. Community and support: Select a platform that has an active community, help, documentation, and continuous updates to help you avoid problems or resolve them if they appear. It will create a user-friendly environment and provide better results. 

On the TechBehemoths, you can find the best Mistral companies for your project. There are 90+ firms from various countries all over the world. Evaluate the detailed profiles, client reviews, and select the one that feels most suitable for your project. A hand of help is also the vast range of filters on TechBehemoths, including hourly rate, team size, location, and other required details your project has.