AI & Digital

The Czech Republic is one of the best European destinations for investments in information and communication technologies (ICT). This is confirmed by the strong inflow of projects with high value added from leading global companies, as well as by the local tradition of excellence in technical fields. Successful foreign investors such as Microsoft, Skype, Tieto, Red Hat, IBM, Cisco and Oracle, which are already part of the Czech business ecosystem, are continuously being joined by other global companies that are establishing new branches in the country. These include Wrike, Pipedrive, Outreach, Medallia and Workday, among others.

In addition to standard ICT, new solutions using artificial intelligence, machine learning and vision, cloud technology and the internet of things are coming to the fore. These new trends are actively supported by numerous programmes, national strategies, outstanding research centres and universities. Such institutions include the AI Centre, the Czech Institute of Informatics, Robotics and Cybernetics, IT4Innovations, the Research Centre for Informatics and the National Cybersecurity Centre, as well as supporting platforms such as prg.ai, brno.ai, budejovice.ai and AICzechia. The research conducted by these institutions achieves outstanding results and wins awards. Furthermore, over 5,000 qualified students annually graduate from ICT study programmes.

In addition to foreign firms, plenty of renowned domestic ICT companies operate in the Czech Republic, including Avast, GoodData, Kiwi.com, Y Soft, Seznam.cz, Socialbakers, STRV and many others. Well-established and successful firms are being joined by younger innovative Czech companies such as Neuron Soundware, Phonexia, Mycroft Mind and GoodAI, whose innovative technologies have enabled them to penetrate the global market. Thanks to large investments in the ICT infrastructure, other Czech regions outside of Prague are also becoming more attractive. Brno, the country’s second-largest city, is considered to be the Czech centre of ICT, where companies’ needs are met by qualified specialists from R&D institutes and the advanced local ICT infrastructure. Most recently, Ostrava is also gaining international recognition thanks to its national supercomputer project, IT4Innovations.

Zdeněk Havel
Senior Specialist for AI & Digital
CzechInvest