New investments, Tech
New investments, Tech

Leader in the data analytics in the UK, Beyond Analysis is set to open office in Lithuania

August 01, 2019

Applying the latest in machine learning, data automation and cloud-based technologies, Beyond Analysis has developed several well-known products such as Spendographics, ensuring its position as a UK leader in data analytics. The company currently serves the financial services, telecommunications, e-commerce, and utility sectors in Europe. The company’s new Lithuanian office is set to become a central part of company’s development strategy in artificial intelligence and machine learning. Its Vilnius team is expected to grow to 25 employees.

Beyond Analysis offers customer insight, data tracking, predictive modeling, website development, project management, marketing strategy development, and implementation services. The company’s clients include such global brands as Kingfisher PLC, Virgin Flight Centre and Visa Inc. Within a few short years of its collaboration with Beyond Analysis, Visa Inc. became a minority shareholder in the company as part of a deal to monetise the billions of anonymous debit and credit transactions taking place across the continent.

The company has already developed groundbreaking applications and world firsts using big data such as the Vitality Index, Spendographics, Attrition Models, and Travel Competitive Insights products. Lithuanian office is a central part of company’s strategy and capability in Artificial Intelligence, Machine Learning and Analytics Application development. Chief Data Officer William Beresford says that the company tested other areas across the globe including Sri Lanka and India, but Lithuania in many ways an easy choice for the company.

“A number of key priorities for us included: the availability of the right talent; proximity to our clients’ businesses and a strong cultural and linguistic, fit as much of our work is carried out face-to-face. It goes without saying that Lithuania ticks all of these in a heart-beat”, explains William Beresford.

The company plans to establish a core data science and application development practices in the Vilnius office, with the Lithuanian team mainly working with machine learning and automation.

For Mantas Katinas, the managing director of Invest Lithuania, this is further evidence of the emergence of a new trend within the Lithuanian FDI landscape:

“More and more successful tech companies from London are discovering Lithuania through our highly skilled and versatile talent pool. In this case, Beyond Analysis chose Lithuania because of the concentration of highly trained professional machine learning specialists. The country itself is a fertile ground to grow your business”.

As a relatively young company, Beyond Analysis is seeking passionate, driven and self-sufficient people in Lithuania. Open calls will soon be open for Data scientists, Front and Back-End Developers.

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Aistė Žebrauskienė
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    Aistė Žebrauskienė Press Officer
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