Over the past two years, more than €52 million has been made available for digitization and the implementation of artificial intelligence solutions through business support programs offered by the Investment and Development Agency of Latvia (LIAA). A total of 3,689 project applications were received. Some of them have already been implemented, but most are still in the process of being implemented. "Digitalization and artificial intelligence solutions are currently one of the strongest…
Over the past two years, more than €52 million has been made available for digitization and the implementation of artificial intelligence solutions through business support programs offered by the Investment and Development Agency of Latvia (LIAA). A total of 3,689 project applications were received. Some of them have already been implemented, but most are still in the process of being implemented. "Digitalization and artificial intelligence solutions are currently one of the strongest catalysts for economic growth. Data from the Organization for Economic Cooperation and Development (OECD) confirms that companies that implement digital tools and automate processes increase their productivity by an average of 20-30%, while the use of…
