El Salvador-based software development company Elaniin is set to invest up to $5 million in the design and execution of artificial intelligence (AI) projects in El Salvador over the next three years, according to Adrián Gómez, CEO of the company, in an interview.
The company has already begun executing $1 million for the first year of the project, which will be used to train Salvadoran personnel and acquire necessary tools.
Gómez explained that the investment is divided into several segments, with 30% allocated to human capital, another 30% to training and advisors, 20% to research including licenses and software, and 20% to marketing to expand accessibility to AI.
The project aims to provide AI solutions for local companies while also exporting these services to the region and the United States, markets where Elaniin already has experience.
«We aim to provide local, regional, and international companies with world-class products and services related to artificial intelligence and data. Initially, the team will consist of around 25 data scientists, data analysts, and AI enthusiasts,» Gómez stated.
The primary vision of the initiative is to enhance the performance, productivity, and innovation of their clients’ teams by incorporating AI tools into corporate cultures.
«It’s about entering organizations and reassuring staff that AI will not replace them but will instead support them to become more productive,» Gómez elaborated.
The project also aims to optimize business processes and improve consumer experiences by converting repetitive tasks into efficient processes, thereby reducing manual labor and error margins.
Moreover, decision-making processes will be integrated with predictive models based on each company’s data.
Gómez noted that based on the outcomes of this initial operation, the investment will be gradually expanded in the coming years due to the growing interest among Salvadoran companies in digitalization.
«I see a Salvadoran business landscape more inclined towards digitalization, more tech-savvy. Companies have taken a leap in innovation, making it easier to transition to artificial intelligence,» Gómez affirmed.