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Top 20 AI Software Development Companies

Alesia Prytulenets's Picture
Alesia Prytulenets

Discover the list of the top 20 AI software development companies, which push the limits of digital innovation and create top-notch AI-based applications worldwide.

As we all know, artificial intelligence (AI) is now standing at the forefront of technological breakthroughs, reshaping industries and revolutionizing how we interact with technology. With an increasing number of businesses seeking to integrate AI into their operations, the demand for skilled AI software development companies is at an all-time high. From automating routine tasks to driving innovation in data analysis and customer interactions, AI is unlocking new potential.

AI is unlocking new potential in software development. Source: Fively

In this article, we spotlight the top 20 AI software development companies leading the charge in this dynamic field. These firms are not just developing AI solutions - they're shaping the future of how businesses leverage technology for growth and success. Do you want to see who’s in the lead? Let’s get started!

Fively

  • Employee number: 50-249
  • Average hourly rate: $50 - $99
  • Min. project size: $25,000+

Based in the dynamic city of Warsaw, Poland, Fively stands at the forefront of high-tech innovation, implying sophisticated AI and data science algorithms in their projects. Since its establishment in 2018, Fively has already made its special mark in the industry, evolving into a leader in custom software development in 2023 according to Clutch, with deep-rooted expertise in web solutions coupled with proficiency in AI & ML technologies.

At Fively, AI and machine learning are more than just buzzwords; they are integral to creating advanced, bespoke solutions tailored to the specific needs of startups, small, and medium-sized businesses. Fively excels in developing sophisticated AI-driven chatbots, data management platforms, and customer apps, ranging from complex data analysis platforms to intelligent automation in supply chain and rental management services.

Their AI & ML services, as well as expertise in other modern technologies like Python, React, Typescript, and Ruby on Rails, have proven invaluable across various sectors, including Fintech, Real Estate, Insurance, Healthcare, and eLearning. Each project at Fively is a testament to their commitment to blending technical ingenuity with strategic thinking and domain expertise.

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Achievion Solutions

  • Employee number: 10 - 49
  • Average hourly rate: $100 - $149
  • Min. project size: $25,000+

Achievion Solutions focuses on harnessing the power of artificial intelligence to foster innovation and enhance productivity for small and medium-sized businesses. Based in the thriving tech hub of the Washington, DC metro area, Achievion has been at the forefront of AI solution development since its inception in 2013.

Their unique AI-focused delivery process, dubbed ACHIEVE, is designed to guarantee the success of every AI project we undertake. As a recognized player in the "Silicon Valley of the East," Achievion Solutions has a proven track record of creating sophisticated and impactful solutions for a diverse range of clients, from startups to government agencies.

Yellow

  • Employee number: 10 - 49
  • Average hourly rate: $50 - $99
  • Min. project size: $25,000+

Yellow, having been empowered with software solutions for more than 250 businesses in nine years, excels in delivering AI and ML solutions. Their expertise spans Artificial Intelligence, Machine Learning, Data Science, Chatbot Development, and UX/UI Design. Known for transforming complex tech concepts into business-driven solutions, Yellow's approach goes beyond typical software development solutions to reshape operational efficiency and market competitiveness for their clients.

In every project, Yellow brings a blend of innovation, strategy, and design, ensuring that each solution is not just technologically advanced but also aligned with your unique business objectives.

BlueLabel

  • Employee number: 50 - 249
  • Average hourly rate: $100 - $149
  • Min. project size: $75,000+

BlueLabel is a pioneer in crafting visionary products and services for a future-ready world. As an independent agency specializing in generative AI, they have been a bastion of innovation for years, partnering with bold leaders and innovators. With a deep commitment to generative AI, BlueLabel is unlocking a realm of new possibilities, creating experiences that meet genuine human needs.

Their approach seamlessly integrates human insights with AI capabilities, enabling organizations from various industries to forge transformative value and achieve unparalleled clarity in their operations.

Azumo

  • Employee number: 50 - 249
  • Average hourly rate: $25 - $49
  • Min. project size: $10,000+

Azumo emerges as a distinguished nearshore AI software development services company, renowned for its proficiency in data science, web, mobile, and Cloud solutions. Their expertise has garnered acclaim across industries, attracting a diverse clientele that ranges from venture-backed startups to Fortune 500 giants like Facebook, Omnicom, United Health, Discovery Channel, and Wolters Kluwer.

With a deep-rooted understanding that intelligent solutions are pivotal for contemporary businesses, Azumo stands out for its ability to deliver high-quality development teams.

S-PRO

  • Employee number: 50 - 249
  • Average hourly rate: $25 - $49
  • Min. project size: $25,000+

S-PRO is driving digital innovation and creates top-notch AI software solutions, propelling fast-growing businesses and enterprises into the future. Established in 2014 in Ukraine and now headquartered in Zürich, Switzerland, S-PRO has expanded its global reach.

Their commitment to delivering top-tier services results in not just functionally robust solutions but also systems that are aesthetically elegant and intuitively easy to navigate, consistently surpassing client expectations in the ever-evolving landscape of artificial intelligence development.

InData Labs

  • Employee number: 50 - 249
  • Average hourly rate: $50 - $99
  • Min. project size: $10,000+

InData Labs stands as a beacon in the realm of data science and AI-powered solutions. Being one of the top AI companies worldwide, and committed to empowering every business with the transformative digital solutions, InData Labs caters to organizations of all sizes, offering tailored solutions to propel growth.

Since its inception in 2014, InData Labs has successfully embarked on over 150 projects worldwide, spanning diverse industries like AdTech, E-commerce, Supply Chain, Logistics, Computer Games, FinTech, Healthcare, and Manufacturing. Their status as a Certified AWS Partner further exemplifies their commitment to excellence in the field of AI and big data.

Geniusee

  • Employee number: 50 - 249
  • Average hourly rate: $50 - $99
  • Min. project size: $10,000+

Geniusee stands as a dynamic force in the realms of web and mobile software development, blending tech expertise with business consulting. Catering primarily to clients in the USA, UK, and EU, their 200-strong team of certified professionals is renowned for delivering exceptional service.

Proudly bearing the status of a certified AWS Consulting and AWS Advanced Tier Service Partner, they have a track record of over 150 notable projects across various sectors, especially in FinTech, EdTech, and Retail, underpinned by a philosophy of innovation, acceleration, and shared growth.

Innowise Group

  • Employee number: 1000-10000
  • Average hourly rate: $50 - $99
  • Min. project size: $10,000+

Innowise Group, an international powerhouse in full-cycle software development, boasts key delivery centers across Europe and a global office presence. With a rich history marked by over 850 successfully delivered projects, Innowise Group has made significant strides in a variety of sectors including FinTech, MedTech, eCommerce, eLearning, Real Estate, and others.

Their unique blend of advanced expertise, technical skills in ML and Data Science, as well as deep business insight, allows them to navigate projects of varying complexities and scales with ease.

ThirdEye Data

  • Employee number: 50-249
  • Average hourly rate: $25 - $49
  • Min. project size: $10,000+

Established as a one-stop-shop for comprehensive Data Sciences, Analytics, and Engineering services and products, ThirdEye Data has spent a decade honing its skills to deliver technical solutions to Fortune 500 companies and startups alike.

Serving a diverse range of industries including Information Technology, Retail, and Energy, ThirdEye Data has established itself as a beacon of innovation and strategic prowess in the realm of data-driven solutions. Their data analytics services are geared towards helping businesses boost revenues, enhance operational efficiencies, and adapt swiftly to market trends for a competitive edge.

Master of Code Global

  • Employee number: 50-249
  • Average hourly rate: $50 - $99
  • Min. project size: $25,000+

Master of Code Global, established in 2004, is at the forefront of crafting world-class digital experiences. Specializing in web and mobile solutions, and AI-powered conversational chat and voice solutions, Master of Code Global has an impressive track record that includes collaborations with renowned brands and enterprises such as T-Mobile, Live Person, MTV, Burberry, and Estee Lauder, along with successful startups like the Golden State Warriors and World Surf League.

A testament to their product mindset and innovative approach is their suite of apps designed for the Shopify eCommerce platform, which is currently empowering over 10,000 stores globally.

Olive

  • Employee number: 50-249
  • Average hourly rate: $50 - $99
  • Min. project size: $100,000+

Olive, an outsourcing powerhouse based in Israel and the UK, specializes in empowering tech companies with top-tier software development, Data Science talent, and comprehensive business solutions.

Their services are tailored to enhance business effectiveness, encompassing project management in development and offering crucial cybersecurity compliance solutions. Olive’s commitment to facilitating seamless business operations makes them a trusted partner for tech firms looking to scale efficiently and navigate the complexities of growth in the tech industry.

CognitiveScale

  • Employee number: 50-249
  • Average hourly rate: Undisclosed
  • Min. project size: Undisclosed

CognitiveScale offers Augmented Intelligence software tailored to address complex business challenges in financial services, healthcare, and digital commerce. Renowned for its groundbreaking solutions, CognitiveScale's award-winning software is trusted by industry giants like USAA, Morgan Stanley, NBC, JPMorgan Chase, ExxonMobil, and MD Anderson.

Their software excels in enhancing user engagement, sharpening decision-making, and fostering self-learning and self-assuring business processes, which makes them a go-to partner for businesses looking to leverage data science and Blockchain for substantial, scalable impact.

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CloudMinds Technology

  • Employee number: 50-249
  • Average hourly rate: $50 - $99
  • Min. project size: $1,000+

Founded in 2015, CloudMinds harbors a bold and futuristic vision: to make helpful humanoid robots accessible to the average household by 2025. This innovative AI software development company combines creative talent with strong financial backing to redefine the robotics landscape.

CloudMinds is committed not only to technological advancement but also to forging a new kind of venture with a distinct international character, one that garners and maintains the trust of people and markets globally. Their dedication to making smarter robots is a testament to their pioneering spirit in the realm of robotics and AI.

H2O.ai

  • Employee number: 250-500
  • Average hourly rate: Undisclosed
  • Min. project size: Undisclosed

As a trailblazer in AI cloud technology, H2O.ai is on a mission to democratize AI, making it accessible to everyone. Their flagship H2O AI Hybrid Cloud platform empowers users to swiftly create, operate, and innovate, enabling them to tackle complex business challenges and foster the discovery of novel ideas.

H2O.ai has become the choice for over 20,000 organizations worldwide, including industry giants like AT&T, Capital One, and PayPal, as well as over half of the Fortune 500 companies.

LogRocket

  • Employee number: 250-500
  • Average hourly rate: Undisclosed
  • Min. project size: Undisclosed

LogRocket stands out as a top-rated solution for session replay and a leader in various domains like product analytics, bug tracking, and performance monitoring. They focus on uncovering significant problems through a blend of technical insight and user experience analysis.

Utilizing AI, LogRocket enables users to detect and quantify the impact of technical and UX issues, offering a clear path to resolution. Their robust and insightful platform has earned the trust of major clients like IKEA, SwissLife, and CISCO, highlighting LogRocket's effectiveness in delivering comprehensive and actionable insights.

Veritone

  • Employee number: 250-500
  • Average hourly rate: Undisclosed
  • Min. project size: Undisclosed

Veritone, distinguished in the NASDAQ as VERI, excels as a pioneer even among enterprise artificial intelligence companies. Catering to both commercial and regulated sectors, Veritone offers a blend of software, services, and industry applications that streamline data management.

At the core of Veritone's offerings is their expansive AI platform, aiWARE™, which is designed to convert audio, video, and various data sources into actionable intelligence. Leveraging a robust network of partners and offering both professional and managed services, Veritone is adept at devising AI solutions that not only address current challenges but also pave the way for future innovations.

Vention

  • Employee number: 1000-10000
  • Average hourly rate: $50 - $99
  • Min. project size: $25,000+

Vention blends exceptional engineering talent with innovative vision to build the software solutions of tomorrow. Their expansive team encompasses over 3,000 engineers, consultants, and specialists, whose expertise has been instrumental in facilitating over $13 billion in acquisitions and 21 client IPOs, benefiting companies like Classpass, Freshly, and Dealcloud.

Vention isn’t just a custom AI development company - they struggle to deliver software that not only meets the highest standards of innovation and security but also stands the test of time in a rapidly evolving tech landscape.

DataRobot

  • Employee number: 10-49
  • Average hourly rate: $50 - $99
  • Min. project size: $10,000+

DataRoot Labs, based in Ukraine, stands at the forefront of tech innovation as a dedicated AI R&D Center. Their core expertise lies in developing bespoke AI solutions, building and recruiting specialized R&D teams, and offering comprehensive venture services for startups.

With a keen focus on nurturing the startup ecosystem, they collaborate with a myriad of startups and startup accelerators, fulfilling their needs for AI component development, either wholly or in part. They also have DataRoot University, where they empower the next generation of AI experts, equipping them with the skills and knowledge to drive future innovations.

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Frequently Asked Questions

What is AI software development?

AI software development involves designing, programming, and deploying software that can perform tasks typically requiring human intelligence. These tasks include learning from data, making decisions, recognizing patterns, understanding natural language, and solving complex problems.

What are the 4 types of AI software?

The four primary types of AI software are: Reactive AI (a basic level that reacts to present situations); Limited Memory AI (uses past data for current decisions, like in chatbots); Theory of Mind AI (advanced type aimed at understanding emotions and human behaviors); and Self-aware AI (highly advanced, conceptual AI with self-consciousness, not yet realized).

How is AI used in software development?

AI in software development assists in code generation, testing, bug detection, and streamlining the development process, enhancing both efficiency and accuracy.

What is AI and ML solutions?

AI and ML solutions refer to applications and systems that utilize artificial intelligence and machine learning algorithms to analyze data, automate tasks, make predictions, and enhance decision-making processes in various fields.

What is custom AI development?

Custom AI development involves creating tailor-made AI solutions specific to an organization's unique requirements, often involving data analysis, automation, and predictive modeling to solve specific business challenges.

How much does a custom AI cost?

The cost of custom AI solutions varies widely based on complexity and requirements, with prices typically ranging between $10,000 to $40,000 per software. Basic custom AI projects can start from as low as $5,000 to $6,000.

Alesia Prytulenets's Picture

I'm a content specialist at Fively keen on writing fresh articles that can help out business and tech specialists. I love to conduct research, hold interviews, and spotlight sophisticated tech issues.

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