Madrid, January 16, 2019 – Houda Mhader

The Axpe Consulting Group launches QUANT AI Lab, a new unit for its Artificial Intelligence solutions

Staying at the forefront of technological innovation is not achieved through marketing tricks but by thinking differently and applying top talent. Manuel Revuelta, CEO and founder of the Axpe Group, is completely convinced that companies that do not adopt Artificial Intelligence in the coming years “will be finished.” That is why the prominent Spanish company is starting the year with the launch of a new business unit called QUANT AI Lab, in which it has consolidated its technology and consulting solutions in artificial intelligence with the aim of “consolidating its talent, reinforcing its leadership, and accelerating its growth” in the market.

QUANT AI Lab will focus its efforts on highly complex mathematical models: predictive models, machine learning and statistical inference, exploratory data analysis (EDA), quantum clustering, advanced analytics, visual intelligence and conversational artificial intelligence, energy prediction models, decision support systems, and early warning systems. Additionally, the company’s Advisory Board is composed of the elite in academic and professional excellence in the country.

One of the pillars of this venture is the commitment to new high value-added businesses that enable the company to achieve high growth and profitability rates, and that are applicable across various industries such as Banking, Energy, Medicine, and Telecommunications. The strategy of QUANT AI Lab is to begin directly with the major national companies of the IBEX 35 and subsequently expand into the European market. For the first year of operation, a 15% growth is anticipated, reaching a total revenue of 90 million euros for the group.

QUANT AI Lab will bet on talent; its entire staff boasts a renowned academic and professional track record in the development and implementation of AI-based algorithms tailored to each sector, all coming from UPM, UAM, and UCM. A growth plan foresees 50 consultants in 2020, with the objective of tripling that number by the end of the following year.