DXspark Launches AI Factory to Drive European Innovation
05/11
Group newsA new offer focused on the development and implementation of Data & Artificial Intelligence (AI) solutions
DXspark, moOngy Center of Excellence, has launched a new offer focused on the development and implementation of Data & Artificial Intelligence (AI) solutions. This strategic initiative, called AI Factory, aims to assist in the economic transformation of European companies through R&D, in a phase where increasing competitiveness is crucial to face U.S., China, and Japan, which have strong investments in innovation. Based in Portugal, AI Factory leverages 10 years of experience in over 50 approved projects under the SIFIDE program, which benefited from tax incentives.
The European activity of AI Factory is supported by its inclusion in the moOngy Center of Excellence, a technology and engineering group that has more than 30 companies working on global impact solutions. The AI Factory is equipped to collect and process data, identify business opportunities, develop products and services, optimize efficiency, automate operational processes, and support data-driven decision-making to improve business strategies. We have expertise in AI tools such as Machine Learning, Deep Learning, NLP, and Data Science.
According to André Gomes, CTO of DXspark Center of Excellence, “This initiative is strategic and aims to offer the market the ability to innovate and create disruptive solutions that enhance business, add value, and improve efficiency. It seeks to capitalize on our accumulated knowledge and experience over more than 10 years of R&D.”
Boosting R&D, transforming the economy, and reducing corporate tax burden
AI Factory builds on 10 years of R&D experience through over 50 R&D projects approved under the Portuguese SIFIDE program. Its professionals will collaborate with companies within the EU in similar initiatives (such as CIR in France, among others), benefiting companies with tax incentives. These programs can reduce a company’s tax burden by up to 50% on expenses related to R&D.
Part of the DXspark Center of Excellence under the moOngy group, AI Factory is part of a competency hub based in Portugal with a European projection. Its global offering includes Digital Transformation, Data & AI, and Cybersecurity. The focus is on empowering technological areas related to cloud computing and data management to boost operational and cost efficiency, as well as the creation of new products and services.
