BI4ALL achieves record turnover of 17.7 million euros

The strong demand for Digital Transformation projects contributed to the 11% growth over the previous year, with the international market representing 57% of the total

Lisbon, July 08, 2021 - BI4ALL, a leader in Data Analytics and Artificial Intelligence services, registered a significant growth in its operation in 2020, in the national and international markets. The latter now represents 57% of the turnover of the Portuguese technology company, a growth of 12% over the previous year. The national market registered a consolidated growth of 9% compared to 2019.

BI4ALL’s solutions effectively contribute to empower managers with the best means to ensure the competitiveness and growth of their organizations. Efficient process optimization depends on the ability to bring business intelligence to everyday life, and it is this unique ability of the company that leads customers to choose BI4ALL in the areas of Analytics, Big Data, Data Science, Artificial Intelligence, Data Visualizations, CPM and Software Engineering. 

The sectors that contribute the most to the company’s business are Pharmaceuticals, followed by the Banking sector, which has been growing in importance, Energy, Transport and Insurance sector. It has been, and will continue to be part of the company’s DNA, the leadership in the use of the most advanced analytics technologies at the service of its clients’ businesses, in close partnership with leading technology providers. 

José Oliveira, CEO of BI4ALL, comments, “The results were frankly positive. Considering the context in which we still find ourselves, we managed to exceed the target of 16 million euros in turnover for 2019. We maintain our commitment to serve all our customers with the highest standards of excellence and the growing weight of the international market is a reflection of the strategic commitment we have made and which we maintain, without regard to location barriers, and with the quality of existing talent in our country.”

BI4ALL currently has 270 employees and is concerned about the shortage of consultants in Portugal. “It will be a priority for the coming years to strengthen our teams, in order to continue to respond to the needs of our customers, which will continue to grow. We know that, despite the context of some uncertainty, companies that bet on Data Analytics and Artificial Intelligence services will be the winners in the future”, concludes the CEO of BI4ALL.

“BI4ALL city”: The technological city par excellence
The need to ensure excellent conditions to respond to the current and future challenges of its customers is reflected in the investment that the technology company is making in its new headquarters, in Lisbon. Named “BI4ALL City”, it is a space that is designed to provide employees with a dynamic, agile working environment and which aims to bring together all the conditions for creativity, collaboration and highly productive work, allowing the company to maintain a leadership position, as a specialist in Digital Transformation and Data Strategy, focusing on the areas of Data Analytics and Artificial Intelligence.