Tomasz Kulakowski, Chief Executive Officer & President of the Management Board at CodiLime, deepsense.ai CEO and co-founder. Photo courtesy of CodiLime

Warsaw, Poland and Palo Alto, CA, USA – April 10, 2018

CodiLime ranks 49th on the FT 1000: the complete list of Europe’s 1000 fastest growing companies.

https://ig.ft.com/ft-1000/2018/  

The company outperformed more than 950 companies from throughout the continent.

Photo courtesy of FT

Technology dominated this year’s edition of the FT 1000: the complete list of Europe’s fastest growing companies, with 155 pure technological players.

CodiLime was listed 49th on the strength of 2,057% revenue growth and tenfold employee growth in the 2013-2016 period.


Criteria for inclusion

To be included in the list of Europe’s fastest growing companies, a company had to meet the following criteria:

• Revenue of at least €100,000 generated in 2013 (or currency value equivalent as of December 31, 2013)

• Revenue of at least €1.5 million generated in 2016 (or currency value equivalent as of December 31, 2016)

• The company is independent (the company is not a subsidiary or branch office of any kind)

• The company is headquartered in one of the 31 European countries listed below

• The revenue growth between 2013 and 2016 was primarily organic (i.e. “internally” stimulated)

• If a company is listed on a stock exchange, its share price has not fallen 25 per cent or more since 2016

Companies from these countries were eligible to participate:
Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom.

Tomasz Kulakowski, Chief Executive Officer & President of the Management Board at CodiLime, deepsense.ai CEO and co-founder. Photo courtesy of CodiLime

“As a future-oriented company operating in the most innovative technological areas such as cybersecurity, artificial intelligence and networks, I consider that growth a success that wouldn’t have been possible without the outstanding people we have on board,” said Tomasz Kulakowski, CEO and founder of CodiLime.
“We are thrilled to be recognized by Financial Times among the fastest growing companies - this is the best proof that the market appreciates and needs what we build to help others live and work better.”

Photo courtesy of FT

Ride the lightning

Europe has recovered from the recent financial crisis, and Britain’s looming exit from the EU has not proven as disastrous as feared.

The countries of the monetary union significantly outperformed the US economy (2.3% expansion rate) with combined economic growth of 2,5%.

http://money.cnn.com/2018/01/30/news/economy/gdp-europe-economy-2017/index.html  

Photo courtesy of CodiLime

“In times of growth, companies look to invest in innovative business solutions. To provide our clients the best support they need to win on their markets, we offer services based on the most cutting edge technologies,” Kulakowski commented.

Photo courtesy of CodiLime

CodiLime delivers services in three key areas – cybersecurity, artificial intelligence and networks, with the highest focus currently on developing machine learning and deep learning models for both public and private sector clients.

According to the Accenture Institute for High Performance, AI technology is predicted to double the economic output of developed countries by 2035.

https://newsroom.accenture.com/news/artificial-intelligence-poised-to-double-annual-economic-growth-rate-in-12-developed-economies-and-boost-labor-productivity-by-up-to-40-percent-by-2035-according-to-new-research-by-accenture.htm  

Today, only 15% of companies use AI, but 31% have said it is on their agenda for the next 12 months.

AI’s market size is predicted to reach $59,748 billion by 2025.

https://www.statista.com/statistics/607716/worldwide-artificial-intelligence-market-revenues/  


This year CodiLime plans to significantly grow its networks offer and provide more services based on software-defined networking (SDN) solutions.

Photo courtesy of CodiLime

“As the world is more and more dependent on internet and seamless data transmission, we see high potential for growth in the telecommunications and networking sector. That’s why I consider the coming few years crucial to our further development in SDN”, Kulakowski said.

Artificial Intelligence has become a critical driver for best-in-class predictive analytics and decision making. Photo courtesy of CodiLime

Facebook for whales and fraud detection

AI solutions, however, will remain a high priority for the company as there’s still a lot to be done.

deepsense.ai, CodiLime’s AI-focused wing, was widely recognized for developing a deep learning model that could recognize right whales in photographs taken during aerial surveys.

https://blog.deepsense.ai/deep-learning-right-whale-recognition-kaggle/  

Data scientists from deepsense.ai built a facial recognition algorithm that could recognize a specific whale from a given photo. Photo courtesy of CodiLime

As the whales are on the brink of extinction, environmentalists and scientists from American NOAA had struggled to track the population in their effort to keep it healthy and safe.

Data scientists from deepsense.ai built a facial recognition algorithm that could recognize a specific whale from a given photo.

Their model achieved 87% accuracy, which was far higher than the human eye is capable of, and saved biologists the time, effort and guesswork involved with identifying the whales with their own, less exacting eyes.

Bounding box produced by the head localizer. Photo courtesy of CodiLime

“AI is presenting the world with countless opportunities, including fraud detection in the financial sector or customer churn prediction in retail. Some of them, like our “Facebook for whales”, come completely out of the blue. But this shows that the only limitation we have when creating new innovative solutions is a lack of creativity, so keep thinking outside the box!”, Kulakowski concluded.

Photo courtesy of CodiLime

Contact:

Barbara Rutkowska
T: +48 530 816 780
E: barbara.rutkowska@codilime.com  

Photo courtesy of CodiLime

About CodiLime

CodiLime provides professional IT consulting and software engineering services for global clients in three core areas: Networks, Security and Data Science & Artificial Intelligence (through its deepsense.ai subsidiary).

https://www.codilime.com/  

The company has also created the Training & Development Hub to support organizations in building competitive solutions by helping them develop expert skills in-house.

https://press.deepsense.ai/codilimes-training-development-hub-will-help-companies-develop-unique-skills-in-house/  

CodiLime was established in 2011 and is made up of over 200 team members.

The company’s clients include NTT, Intel, NVIDIA, IBM, Nielsen, L’Oreal, Hitachi and Juniper Networks.


About deepsense.ai

deepsense.ai supports organizations in unlocking their data potential at all stages of data science maturity: it delivers AI-based solutions and helps clients grow data science skills in-house under the Training & Development Hub.

https://deepsense.ai/  

The company has developed two products for data scientists: Neptune, a Machine Learning Lab, and Seahorse, a visual framework powered by Apache Spark.

https://neptune.ml/  

https://deepsense.ai/seahorse/  

deepsense.ai is founded and managed by CodiLime.

Photo courtesy of CodiLime

Source: CodiLime

https://www.codilime.com  



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