Headquartered in Nicosia, Cyprus, InData Labs is a data science and analytics consulting company dedicated to data science, with the mission to bring the power of Artificial Intelligence to every business. With a staff of 80+ experts in Machine Learning, Natural Language Processing, Big Data, and Analytics, the company helps businesses of all sizes across industries to innovate with edgy technologies, optimize business processes, and promote business resilience.
With over 8 years in the market, InData Labs has established itself as one of the top data science firms and AI-powered solutions providers. The company’s expertise is recognized by top industry rankings, including Clutch, GoodFirms and many others.
History of Creation
The company’s story begins in 2014. It was founded by Marat Karpenko, a serial entrepreneur, and investor with decades of experience in starting and running successful businesses.
As a tech visionary, Marat has been active in various roles and contributed to the success of the award-winning online game developer, Wargaming, with a total revenue of $500m+. Marat has spearheaded the worldwide expansion of Wargaming during an explosive growth phase into different regional markets.
His chief interest is rooted in the online games business, as well as in information and data technology. Marat has also invested in various IT and tech startups around the globe, including a successful marketing agency in the Bay Area.
Under the supervision and strategic guidance of Marat, InData Labs has accumulated a solid experience in AI development and the implementation of leading-edge data processing and analytics solutions. Today, the company helps global organizations bring their AI & Big Data initiatives across the goal line and facilitate all sorts of business operations with innovative tech.
Fields of Operation
InData Labs relies on AI & Big Data to solve a variety of clients’ challenges, from data collection, data architecture development to ads campaign optimization and recommendation system development. The company’s expertise is centered around such areas as artificial intelligence software development, Big data solutions development, machine learning, and natural language processing.
The industry focus of InData Labs is quite diverse and includes the following verticals:
- Logistics and Retail
- Digital Health
- IoT and other
By bridging technology excellence and domain knowledge, InData Labs provides business-led solutions to address the unique IT needs of each industry. From customer sentiment analysis for marketing & sales, predictive analytics for fraud prevention for finance and predictive maintenance for manufacturing, the company delivers innovation anchored in business strategy.
InData Labs’ clientele features mature enterprises, industry leaders, and forward-looking businesses, including Wargaming, AsstrA, Flo, Captiv8, Interprefy and others.
Artificial Intelligence and Big Data Today
The competitive edge that artificial intelligence and data analytics give to businesses is undeniable. Against the backdrop of a fast-paced, but volatile market, advanced technology becomes a game-changer and the main growth factor behind successful businesses. Today, 35% of companies implement AI in their business, while an additional 42% explore its potential.
On the same line, Big data solutions gain more traction as they combine the best of analytics and artificial intelligence. Due to the exponential growth of business data, companies need other, innovative approaches to generate insights from their estates. This makes the synergy of AI and Big data paramount for value-added analysis.
But despite the transformational potential of AI, some companies are not ready to shift their focus from traditional workflows to smart processes. The reluctance to adopt the latest innovations stems from the stigma around artificial intelligence as the technology has long been known as something expensive and incomprehensible.
The slow adoption curve is also driven by the challenge of finding a competent AI partner with relevant expertise. The hiring bottleneck results in 34% of companies freezing their AI projects.
InData Labs is on the quest to debunk the stereotypes about artificial intelligence and lead the client from ideation to a successful implementation of smart solutions. The primary ambition of the company is to change clients’ attitudes toward artificial intelligence for the better by providing professional advisory and creating viable AI solutions that make a difference to the client’s business.
Plans for the Nearest Future
InData Labs plans on enhancing its brand presence in the AI & Big Data markets, as well as to assist its clients in using the power of present-day technologies for the highest efficiency in business evolution.
As a staunch advocate of technology benevolence, the company believes that its work can go beyond the business arena. InData Labs strives to deliver technological solutions that make lasting change centered on making our world more sustainable. The high-level agenda of the company revolves around using AI and Big Data solutions to help with food and water security, disease prevention, frugal energy consumption, personalized healthcare, and wildlife transformation.