As one of the leading software development companies in Sri Lanka, EFutures, with its current portfolio of AI projects, has learned a good thing or two about what makes AI development companies truly stand out. Having served clients all over the world, we’ve long since realised that the fast-paced world of AI needs leadership that is nimble as it is powerful; technology alone won’t cut it.
So in this article, we break down what constitutes the top AI companies of Sri Lanka – but also of AI companies in general. Additionally, we’ve included a mini-guide to help companies assess and select the right AI partners for their business needs.
Looking for an AI development partner in Sri Lanka? At EFutures, we deliver bespoke AI-powered solutions that meet business needs:
But it all starts with a free and no-obligation assessment, to understand your business objectives. Contact us today, and we’ll be more than happy to assist!
No two companies have the same needs. Likewise, the same rule applies to AI, requiring engineering teams to build solutions that are uniquely tailored to each requirement. Whether it’s training an existing model to adapt to a specific use case, or delivering intelligent suggestions in the interest of predictive analytics, even the most broad-scoped requirements need significant ‘fine-tuning’ in order to deliver results as expected.
This also applies if your AI development company is officially partnered with an LLM. Contrary to popular perception, AI isn’t plug-and-play, and requires substantial customisation and testing before deployment. This is even more relevant to enterprise AI, as requirements are often niche, and regulatory obligations need to be adhered to in order to stay compliant.
For delivering greater scale and performance through AI, it is essential to build solutions that are proprietary, in addition to deep customisation. It’s how highly regulated industries such as finance are progressing, leading the chase by building proprietary AI solutions that are also subsequently being patented.
While this delivers greater efficiency in terms of identifying trends through data so leadership can act faster, it also provides substantive leverage against competitors. Larger software companies in Sri Lanka may be able to pivot for proprietary AI solutions, as they demand greater resources and manpower, while also being heavier in terms of budget.
Integrations are part and parcel of any digital product. Likewise, with AI, enterprises need to be cognisant of enhancing existing systems through relevant integrations with AI-powered tools that have been custom developed. As organisations typically venture into AI with existing systems in mind, your AI project needs to have an architecture that accommodates the functionalities of existing systems, as well as the capabilities of your existing workforce – so these systems can be enhanced through AI, as opposed to rendering them obsolete.
Competent and reliable AI development partners understand this, and will work with you to enhance your existing systems through AI. Additionally, any areas of improvement required across existing applications is also something that your AI development partner needs to identify and report to you on, before making necessary adjustments/fixes to accommodate the new AI.
Numerous, well established offshore software development companies in Sri Lanka have been delivering allied services such as cloud computing and cyber security, through strategic partnerships with cloud service providers and cyber security vendors respectively. These become all the more important for AI, especially as governance and ethics surrounding the same demands strict assurances from organisations, in order to safeguard the storage and usage of confidential data.
Compute power and cyber protection strategies need to be embedded within your AI strategy; failure to do so could even halt the launch of your AI project, especially if it includes holes in terms of security, or is unable to tolerate higher loads during peak phases of usage. Sri Lankan or not, if your AI development partner prioritises on cloud and cyber security requirements from the start, while also revolving your AI strategy around the same – you’ve got a keeper!
The best software companies in Sri Lanka know that the best outcomes in software are built Agile. In other words, pay prime focus towards changing needs and pain points, in order to deliver solutions that precisely meet business objectives. AI projects are no exception to such targeted prioritisation either. What’s more, agility also needs to be maintained for components that directly influence and contribute to the success of AI projects, such as:
No matter where you are in your AI development journey, this guide can help you navigate the process of AI application development. Here, we list what you need to do from start to finish, so your teams are constantly in lockstep with what’s expected of them – while ensuring the final product attains necessary business objectives.
If you are looking for an AI development partner in Sri Lanka (or elsewhere), an assessment of your needs and overall business is essential. This assessment shall serve as the primary point of reference for prospective partners, helping them understand what you really need, and whether they can meet those expectations.
Assessments can typically start as a discussion with relevant team members, to address topics in and around:
An MVP, or Minimum Viable Product is a sensible start for any digital product, AI or not. An MVP presents several advantages, namely:
The best offshore software company in Sri Lanka knows a thing or two about creating schedules that are suitable for all teams, as distributed work environments and multiple time zones are routine in the world of offshore software development.
Your AI/software development partner needs to coordinate to ensure regular standups are scheduled during times that work for all team members involved in the project, as well as establish real-time workspaces that team members can asynchronously work on.
Following initial deployment, your AI project is an ongoing one; whether it’s fixing bugs or enhancing capabilities through newer and more innovative tool sets, relevant business intelligence needs to be in place in order to gather insights.
Your AI or software development partner is responsible for this. Building reporting and analytics systems that are centred around measuring your KPIs, alongside analysing other raw data that the product collects following user engagement is necessary to maintain a DevOps process for your AI product. All of this, to ensure it attains the very objectives it was initially conceived for.
Searching for the best IT company in Sri Lanka that also specialises in AI is a challenge, thanks to numerous technology outsourcing companies in the island now renowned for delivering top-notch services to clientele the world over. However, certain characteristics can help you identify the best AI development companies in Sri Lanka and the world over. These include, but aren’t limited to:
Irrespective of where you are in your AI development journey, your business needs to be periodically assessed to help teams stay on top of what’s problematic, and what needs solving. MVPs and beta versions of products, followed by regular analysis can then help with enhancement, to stay in line with customer and employee expectations.
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