{"id":1080,"date":"2020-12-30T14:32:15","date_gmt":"2020-12-30T14:32:15","guid":{"rendered":"https:\/\/nilg.ai\/?p=1080"},"modified":"2023-09-01T18:46:40","modified_gmt":"2023-09-01T18:46:40","slug":"closing-remarks-from-2020-and-insights-of-our-practice","status":"publish","type":"post","link":"https:\/\/nilg.ai\/pt\/202012\/closing-remarks-from-2020-and-insights-of-our-practice\/","title":{"rendered":"Closing Remarks from 2020 and insights of our practice"},"content":{"rendered":"

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Over the last two years, we have worked intensively to create a reliable ecosystem for developing AI projects<\/strong>. Our long-term objective is to become an incubator for AI projects<\/strong>, ensuring higher levels of success than the industry standards. In our consulting practice as an AI company in Portugal, we face every project with a specific mindset. How can we create a walkable path to validate an AI challenge successfully?<\/span><\/p>\n

AI company in Portugal creates a reproducible approach to AI innovation<\/h2>\n

Our ultimate goal is to move from an AI company in Portugal to become an AI project incubator. So, we have been working on multiple initiatives to accelerate the development of such projects. Examples of these initiatives are Data Ignite and our internal AI Library. Data Ignite aims to create a reproducible approach to AI consulting. <\/strong>It helps us to move from discovery to validation and execution of AI projects. NILG.AI\u2019s Library contains hundreds of methods and models validated on our previous projects. It accelerates the time to market of our solutions<\/strong>.<\/span><\/p>\n

I think it\u2019s safe to say that 2020 has shaken us all, regardless of our industry and stage. High-tech consulting was not the exception. We had to adapt our value proposition, shifting how we conceive each industry’s needs and the format of our projects. We pride ourselves in being able to quickly shift to an equally efficient remote practice, growing our team and our customer base. In such shaky times, we would like to cite Andy Groove\u2019s famous quote:<\/span><\/p>\n

Bad companies are destroyed by crisis; good companies survive them; great companies are improved by them<\/span><\/em><\/span><\/p><\/blockquote>\n

Our transformation through COVID as an AI company in Portugal<\/h2>\n

We believe we became a better company as a result of this pandemic<\/strong>. We went beyond being just another AI company in Portugal. For instance, while many companies were forced to do layoffs and cut off investments, we were able to grow our team<\/strong>. This is relatively easy when you rely on external funding, but in our case, it was the effect of intensive efforts on increasing our customer base, diversifying customer acquisition channels and generating company awareness. We managed to open multiple positions for Data Scientists, where our latest job opening attracted +350 submissions which, considering the small size of our company, reflects our positioning as a relevant player in our market, and as an ecosystem to learn, grow, and work on innovative projects. Between 2018 and 2019, we covered mainly three industries: Healthcare, Telecommunications, and Market Research. In 2020, we expanded our areas of proven impact to fintech, real estate, travel and hospitality, SaaS, multimedia, hardware, and e-Commerce.<\/span><\/p>\n

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From our Porto offices (and homes after COVID), we were able to work with clients all over the world, including the Americas<\/strong> (USA, Canada, and Peru), Europe<\/strong> (Portugal, UK, France, Switzerland, and Croatia), and Middle East & Asia<\/strong> (Israel, Turkey, and India). So, are we an AI company in Portugal or an AI company from Portugal?<\/span><\/p>\n