Top 17 companies in Cyprus that deliver AI Development services!

Leading agencies include Uptech, Olbo Limited, Mantis NLP, Sourceter and Sumsub. A total of 17 AI Development providers in Cyprus are ready to help. They serve clients such as Retail, Business, Healthcare, Maritime industry, Telecommunications, Financial Services, AI, Tech, Europe and Fintech.

Average starting budget
$12,769
while min. project budget is $500
based on 17 profiles
Average hourly rate
$86
and starting from $25 / hr
based on 17 profiles
Popular skills
AIBardReactNodeJSDjangoClaudeChatGPTAngularAI toolsBlockchain
Key technical proficiencies
based on found companies
Also specialize in
AI Development (17)Software Development (9)Mobile App Development (9)Web & Software Development (9)Big Data & BI (4)
Complementary specialties
validated by client feedback
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Found 17 matching agencies

S
Berlin, Germany

Sumsub offers a comprehensive identity verification service that streamlines the entire user journey. With its AI-based OCR, Sumsub enables businesses to verify users worldwide, regardless of their location or document type. The solution provides a unified flow for verifying users, businesses, and transactions, along with monitoring and reporting tools. By using Sumsub's services, clients can increase revenue while reducing costs, as evident from the "Total Economic Impact" study by Forrester Consulting. Sumsub's solution helps businesses to reduce paperwork, simplify end-user onboarding and compliance officer routine, and prevent fraud. With its flexible and client-oriented approach, Sumsub is a reliable software provider that aligns with industry standards.

team of 101 - 250 people

10+ years of industry experience

contact for pricing

contact for pricing

A
Needham, United States

Apriorit is a renowned company that specializes in providing high-quality software development and cybersecurity services to clients worldwide. With years of experience, they have developed a strong team of experts who can tackle complex projects, from concept to deployment. Apriorit's services include custom software development, mobile app development, cloud engineering, DevOps consulting, penetration testing, security audits, and more. By leveraging cutting-edge technologies and innovative approaches, Apriorit helps businesses enhance their digital presence, protect against cyber threats, and achieve operational efficiency. Whether it's building a new web application, migrating to the cloud, or securing sensitive data, Apriorit's team is dedicated to delivering successful projects that meet clients' needs.

team of 101 - 250 people

20+ years of industry experience

rate $100 - $150 / hr

contact for pricing

U
Gdynia, Poland

Uptech is a leading product development company that specializes in creating cutting-edge mobile and web applications. With over 7 years of experience, they have helped numerous businesses build successful apps, resulting in increased customer engagement, revenue growth, and competitive advantage. Uptech's services include web & software development, mobile app development, software development, AI development, web design (UI/UX), and app designing (UI/UX). Their team of experts uses the latest technologies such as innovative design, intuitive functionality, and top-notch user experience to create apps that exceed client expectations. By focusing on end-users' needs, Uptech crafts UX and UI designs for mobile and web applications. They also apply the latest tech trends in mobile development and implement innovative solutions using their skilled team. With a strong focus on transparency, self-management, and personal growth support, Uptech fosters a collaborative work environment that encourages creativity and innovation.

team of 26 - 50 people

9 years of industry experience

rate $25 - $50 / hr

min project budget $25k

I
Nicosia Municipality, Cyprus

InData Labs is a data science and analytics consulting firm that delivers AI-powered solutions to businesses. They help companies innovate with AI, enrich customer insights, automate processes, and improve efficiency. With expertise in software development, big data & BI, and AI development, InData Labs empowers businesses to leverage data and machine learning algorithms for business value. By partnering with InData Labs, clients can expect a stable and efficient product, improved metrics, and cost savings.

team of 26 - 50 people

10+ years of industry experience

rate $50 - $75 / hr

min project budget $10k

M
Agios Epiktitos, Cyprus

Mindy Support is a trusted provider of end-to-end data preparation and data annotation services, helping Fortune 500 and GAFAM companies succeed with their AI/ML projects. With over ten years of experience, the company's team of 2000+ professionals helps clients create diverse training data sets, annotate images, classify sounds, transcribe audio recordings, and more. By outsourcing data annotation services to Mindy Support, businesses can improve model performance, increase productivity, and achieve cost efficiency.

team of 501 - 1000 people

10+ years of industry experience

contact for pricing

contact for pricing

M
Limassol, Cyprus

Mantis NLP is a leading provider of Artificial Intelligence solutions, specializing in Natural Language Processing (NLP) for businesses. With expertise in Large Language Models and Generative AI, they help clients extract complex information from documents, organize business data based on meaning, and develop custom AI solutions to address specific needs. Their approach combines traditional algorithms with advanced NLP techniques, offering strategic advice, technical due diligence, and long-lasting relationships that deliver real business value. By leveraging cutting-edge technologies like ChatGPT, Bard, and Claude, Mantis NLP enables clients to unlock the full potential of their data and drive business growth.

team of 2 - 10 people

4 years of industry experience

rate $150 - $200 / hr

min project budget $10k

R
Nicosia Municipality, Cyprus

Removed is a pioneer in AI development, providing innovative solutions to enhance business operations. By leveraging cutting-edge technologies, the company enables clients to improve decision-making, optimize processes, and drive growth. With expertise in AI development, Removed helps businesses stay ahead of the curve. The company's services include AI solution design, AI model implementation, and AI integration. This allows clients to reap the benefits of AI-driven insights, automate tasks, and gain a competitive edge. By partnering with Removed, businesses can unlock their full potential and achieve unprecedented success.

team of 2 - 10 people

3 years of industry experience

rate $100 - $150 / hr

min project budget $5k

E
London, United Kingdom

Electi Consulting redefines tech strategy by leveraging innovative solutions to unlock business potential. The company offers a range of services, including digital transformation and strategy, data science and analytics, artificial intelligence, blockchain technologies, and cybersecurity and pentesting. These services cater to various sectors such as fintech, shipping, autonomous vehicles, telecommunications, retail, and executive education. By delivering high-quality executive education courses, Electi Academy aims to enhance digital competences and raise industry standards. The company's expertise in emerging technologies enables businesses to stay ahead of the curve. With a strong team and extensive network, Electi Consulting provides tailored solutions that unlock value for its clients.

team of 2 - 10 people

8 years of industry experience

rate $100 - $150 / hr

min project budget $25k

E
Enkomi, Cyprus

Exelia is a multi-cultural organisation with people from different backgrounds including Cyprus, Greece, South Africa, Pakistan, India, Croatia, Moldova, Netherlands, Slovenia, Russia, North Macedonia and Bulgaria. Exelia’s ethos is built on integrity, respect and transparency. These values are core to all that work at Exelia and are intertwined into the ethos of the company. Exelia has grown rapidly and frequently changing to bigger office spaces, a team with expert software engineers established in Nicosia, Cyprus. With the industry demand of scalable solutions that meet a viral market growth, Exelia specialises in horizontally scaling systems and increases expertise in cloud solutions, NoSQL systems and graph database systems while also establishing developer presence in India. In alignment, company culture as core values was established which would fit the growing family of Exelia. In 2021, this grew into social corporate responsibility. As part of growth, Exelia established an NGO arm, focusing on Field Operation Digitisation and transformation and consultancies.

team of 2 - 10 people

10+ years of industry experience

rate $50 - $75 / hr

min project budget $5k

C
Strovolos, Cyprus

Cellock Ltd offers a range of custom software solutions to help businesses reach their financial and branding goals. With over 10 years of experience, the company provides tailored solutions for various industries. Their services include web & software development, mobile app development, e-commerce development, big data & BI, AI development, virtual reality / augmented reality development, devops, IoT development, and cloud consulting. By leveraging technology, Cellock enables companies to enhance their products, improve customer experience, and increase ROI. The company's expertise spans across multiple sectors, including maritime, retail, telecommunications, and more.

team of 2 - 10 people

20+ years of industry experience

rate $50 - $75 / hr

min project budget $5k

M
Limassol, Cyprus

MAS enables clients to leverage the power of artificial intelligence, Internet of Things, and software development to drive business growth and efficiency. By harnessing these cutting-edge technologies, businesses can streamline processes, enhance customer experiences, and gain a competitive edge in their respective industries. MAS's expertise in software development allows clients to create custom solutions that meet specific needs, while AI development enables organizations to make data-driven decisions and automate complex tasks. IoT development provides the ability to collect and analyze vast amounts of data from connected devices, resulting in actionable insights that can inform business strategy. With MAS's robust services, clients can improve operational performance, reduce costs, and increase revenue. Whether it's developing AI-powered chatbots or creating IoT-enabled sensors, MAS helps businesses unlock their full potential.

team of 2 - 10 people

9 years of industry experience

contact for pricing

contact for pricing

C
Pafos, Cyprus

CGS-team offers a wide range of services, including web and software development, mobile app development, AI development, blockchain development, and app designing. By leveraging their expertise in these areas, clients can benefit from improved efficiency, increased security, and enhanced user experience. With CGS-team's custom software solutions, businesses can streamline their operations, gain a competitive edge, and achieve their goals more effectively.

team of 26 - 50 people

9 years of industry experience

rate $25 - $50 / hr

min project budget $10k

S
Mesa Chorio, Cyprus

Sourceter delivers corporate-quality IT services with a boutique touch. Experienced engineers and advisors provide software development and consulting services to clients across North America, Europe, and the Middle East. The company offers web & software development, mobile app development, e-commerce development, testing services, AI development, virtual reality / augmented reality development (AR/VR), cloud consulting, maintenance & support, web design (UI/UX), and app designing (UI/UX) solutions. These services boost business performance and drive growth while maintaining competitive pricing.

team of 2 - 10 people

10+ years of industry experience

rate $25 - $50 / hr

min project budget $25k

D
Mesogi, Cyprus

De Castro Media specializes in delivering innovative digital marketing solutions to help businesses drive sales and acquire new customers. With expertise in web & software development, AI development, web design, branding, SEO, social media marketing, content marketing, marketing strategy, email marketing, and more, this company helps clients establish a strong online presence. By developing a winning strategy and providing one-on-one consultation, De Castro Media ensures that each client achieves their business goals. The company's services also include SEO optimization & content creation, social media management, email marketing automation, web design & development, and AI automation. With a focus on driving results, this digital agency unlocks the full potential of brands, helping them stand out in a crowded marketplace.

team of 2 - 10 people

2 years of industry experience

contact for pricing

min project budget $1k

D
Nicosia Municipality, Cyprus

Duotek provides custom software development services that cater to the needs of business customers. The company's expertise lies in designing, developing, and delivering modern and reliable online services software. Duotek's services include web & software development, mobile app development, AI development, and more. By leveraging its strong focus on design and requirements management, Duotek organizes the process efficiently, reducing costs for clients. The company's dedicated team of professionals with over 10 years of experience ensures timely delivery of products from initial ideas to deployment. Duotek's approach involves a detailed vision and project specification, fixed estimates for development, gradual payments divided into milestones, and interim demonstrations. This methodology enables clients to track progress and benefit from a product rather than developer hours.

team of 2 - 10 people

15+ years of industry experience

rate $50 - $75 / hr

min project budget $25k

G
Limassol, Cyprus

Gilzor is a leading provider of custom software development and web design services. With years of experience, Gilzor helps businesses launch successful startups, scale small to medium-sized enterprises, and increase revenue through innovative product companies. Their team of skilled developers delivers top-notch web and mobile app solutions that meet the unique needs of each client. By leveraging AI development, digital strategy development, and user-centric design approaches, Gilzor enables organizations to achieve their digital goals. From concept to launch, Gilzor's experts guide clients through the entire process, ensuring a seamless outcome.

team of 26 - 50 people

9 years of industry experience

rate $50 - $75 / hr

min project budget $10k

O
Yermasoyia, Cyprus

Olbo Limited, a leading software development agency, offers comprehensive services to help businesses thrive. By leveraging their extensive network of skilled professionals, they provide top-notch web and software development services, mobile app development, and testing services. These services enable clients to scale their teams efficiently and bring innovative ideas to life. With expertise in technologies such as Django, NodeJS, React, and Angular, Olbo Limited empowers businesses to stay ahead of the curve. Their services cater to various industries, including tech and software development.

team of 26 - 50 people

4 years of industry experience

rate $50 - $75 / hr

min project budget $10k

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Overview of the digital agency industry in Cyprus

The digital agency landscape in Cyprus has experienced steady growth in recent years, driven by increased demand for digital marketing, web development, and online advertising services. With a digitally active population and expanding e-commerce sector, Cypriot businesses increasingly rely on digital agencies to enhance their online presence, customer engagement, and sales performance.

Key statistics and trends

According to data from Eurostat, over 90% of Cypriot enterprises used the internet regularly in 2022, while approximately 62% utilized social media platforms for business purposes. Cyprus ranks 21st among EU countries for digital competitiveness, indicating significant potential for further development. Recent trends suggest a notable shift toward mobile and social media marketing, with digital ad spending in Cyprus estimated to have reached approximately €60 million in 2022, growing annually by around 8%.

Challenges and opportunities in the market

Despite growth, digital agencies in Cyprus face challenges including limited access to highly skilled digital professionals, intense market competition, and relatively small domestic market size. Additionally, some businesses remain hesitant to fully embrace digital transformation.

Nevertheless, the market presents substantial opportunities:

  • Growing e-commerce demand: With Cypriot consumers increasingly shopping online, digital agencies can capitalize by offering specialized e-commerce solutions.
  • Government support: Initiatives such as Cyprus' Digital Strategy 2020-2025 provide funding and support for digital innovation, benefiting local agencies.
  • International expansion: Cyprus' strategic geographical location and EU membership position local agencies favorably to serve regional and international clients.

Overall, the Cypriot digital agency ecosystem remains promising, with strategic opportunities available for agencies that effectively leverage emerging digital trends, government incentives, and international market access.


Understanding AI development services today

AI development services involve creating advanced software solutions designed around artificial intelligence technologies to automate tasks, enhance decision-making, and deliver personalized experiences. Providers typically offer services ranging from machine learning model creation and natural language processing (NLP) to computer vision and predictive analytics. Utilizing these services, businesses can significantly streamline operations, improve customer engagement, and achieve competitive advantages.

Industry overview and technologies used

The AI development industry has expanded rapidly, driven by increasing data availability, computing power, and maturing frameworks. Popular tools and technologies include TensorFlow, PyTorch, OpenAI APIs, AWS SageMaker, Google Cloud AI, and Microsoft Azure AI. Today, providers specialize in creating custom algorithms, integrating AI solutions with existing software, and ensuring scalability and efficiency.

Common questions asked before selecting an agency

  • What specific AI technologies and frameworks do you specialize in?
  • Can you provide relevant case studies or references?
  • What is your approach to data privacy and security?
  • How do you handle AI model maintenance and updates?
  • What is your typical project timeframe and budget range?

Key benefits and pitfalls

AI development services offer tangible benefits including increased operational efficiency, better customer insights, and improved decision-making processes. However, potential pitfalls to watch for include unclear project scopes, inadequate data preparation, and unrealistic expectations about AI capabilities. Partnering with experienced providers can mitigate these risks.

Typical AI project timelines

AI projects often range from several weeks for simple proof-of-concept implementations, to several months or longer for complex, enterprise-wide integrations. The duration depends heavily on project complexity, data availability, and required accuracy of AI models.

Selecting the right AI development service provider ensures your business effectively leverages AI to drive growth, innovation, and efficiency.

Tips for Hiring AI Development Agencies in Cyprus

Expert guidance to help you find the perfect AI Development agency partner for your project in Cyprus from 17 available options

Define Your Goals

Before contacting AI Development agencies in Cyprus, clearly define your project goals, target audience, budget range, and timeline. This helps agencies provide accurate quotes and ensures better project outcomes.

Check Team Expertise

Look for agencies with proven expertise in your industry and the specific AI Development services you need. Review their team credentials, certifications, and past work to ensure they can deliver quality results.

Review Case Studies

Examine detailed case studies and portfolios to understand how agencies approach projects similar to yours. Look for measurable results, creative solutions, and evidence of successful client relationships.

Compare Value, Not Just Price

While budget is important, focus on value rather than just the lowest price. Consider the agency's experience, quality of work, support level, and long-term partnership potential when making your decision.

Understand the Process

Ask potential agencies about their project management process, communication methods, revision cycles, and timeline expectations. A clear process indicates professionalism and helps avoid misunderstandings.

Request References

Don't hesitate to ask for client references and contact them directly. Speaking with previous clients provides valuable insights into the agency's work quality, communication style, and reliability.

Market Insights for AI Development Services in Cyprus

Understand the current market landscape, pricing trends, and opportunities for your project

High availability
17

Market Size

AI Development agencies in Cyprus

Market standard
$12,769

Average Budget

Typical project investment

Competitive rates
$86/hr

Hourly Rate

Standard hourly pricing

Growing market
High

Demand

AI Development services demand

Current Market Trends
  • AI Development services are experiencing high demand in Cyprus
  • Remote collaboration has become the new standard
  • Agencies are focusing on specialized expertise
  • AI and automation are reshaping service delivery
  • Data-driven strategies are becoming essential
  • Mobile-first approaches dominate new projects
Top Skills in Demand

Most requested skills for AI Development projects in Cyprus:

AIBardReactNodeJSDjangoClaudeChatGPTAngularAI toolsBlockchain
Regional Advantages in Cyprus
Local Market Knowledge
Deep understanding of Cyprus business culture and customer preferences
Time Zone Alignment
Real-time collaboration and faster response times
Face-to-Face Meetings
Option for in-person collaboration when needed

Frequently Asked Questions

Common questions about finding and working with AI Development agencies in Cyprus (17 available)

Popular locations for AI Development agencies

Explore top locations where agencies offer AI Development

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