We are delighted to share the quarter news with updates on our new leadership, market expansion, and outstanding client retention rate. These milestones showcase our focus on innovation and global reach.
Leading the way
In early 2024, Olga Kavunenko too k on the role of CEO at Intellectsoft. Olga’s strategic focus on service quality, customer excellence, and innovation is driving our global expansion, ushering the company into a new era of growth and synergy.
Here’s a snapshot of our recent achievements and advancements.
Intellectsoft’s Key Updates
- Global Expansion to LatAm and APAC: Intellectsoft has successfully launched operations in Bogota, Colombia, and Baku, Azerbaijan. Our new offices are set to tap into these promising markets, broadening our reach and enhancing our capability to serve clients worldwide.
- Client Retention at 96%: Our dedication to client satisfaction has resulted in an impressive client retention rate of 96%.
- Our New Clients: We are honored to become a tech partner to several new clients:
University of North Carolina: Intellectsoft is designing a comprehensive search portal for a prestigious US university. The portal will enable users to find higher education opportunities with advanced filters.
Australian Entertainment Company: We partnered with an entertainment company to create a state-of-the-art mobile app for their Canadian market expansion. (under NDA)
IT Startup: Our team is developing user-friendly interfaces for AI-powered automated testing systems for an IT startup. (under NDA)
- Recognized Excellence: Intellectsoft is recognized as a leader in custom software development and has earned a spot on the “Global Outsourcing 100” list.
Generative AI Spotlight
Recent trends show that generative AI extends beyond creating text, images, and sounds; it can also streamline certain software development tasks. Yevhen Kulnichenko, our Chief Engineering Officer, shares his insights on how this technology can enhance workflows.
Intellectsoft continues to experiment with generative AI and has noted several advantages, including speeding up and simplifying day-to-day tasks.
Yevhen noted that while ChatGPT is impressive in many ways, it’s best used alongside human expertise. It boosts productivity by quickly identifying basic issues and reusable patterns but isn’t yet capable of handling complex logic or detailed requirements. A collaboration between AI and human experts ensures the highest quality output.
Looking ahead, Yevhen expects advancements in tools like ChatGPT, especially in how they integrate with traditional software development tools.
According to Gartner, 37% of organizations have already implemented AI. GitHub Octoverse reports that 63% of developers are using AI or machine learning in their work. This widespread adoption shows how AI is significantly improving development processes.
We have prepared an article, “Generative AI Explained: What It Means for Your Business,” where we explain in detail how businesses are using generative AI.
Intellectsoft’s case study: AI-Enhanced Content Aggregator Platform
Discover how we integrated a ChatGPT-driven search into Skroote, a content aggregator platform. This enhancement provides better results, viewing options, episode listings, cast details, and trailers for our client. Read the full case study.
Looking Ahead
Intellectsoft is entering an exciting new phase with our new CEO, Olga Kavunenko, at the helm. Our global expansion and high client satisfaction rates underscore our unwavering commitment to excellence.
By leveraging generative AI and other advanced technologies, we continue to transform our clients’ businesses and enhance software development processes. As we look to the future, we are enthusiastic about the opportunities ahead and remain dedicated to delivering top-tier solutions on a global scale.
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