Portuguese technology company InnoWave announced on Tuesday that it is investing €3.8 million in artificial intelligence (AI), of which €1.6 million this year, with the goal of accelerating software delivery and strengthening its competitiveness.
“The Portuguese technology company increased its investment in AI across software development, new product and service creation, operations, and talent between 2024 and 2025,” and “over the course of this year, the company expects to invest an additional €1.6 million,” according to the press release.
InnoWave “is investing €3.8 million in artificial intelligence through the end of 2026, as part of a strategy that significantly accelerates software delivery and enhances its clients’ ability to bring products to market faster than the competition.” Between 2024 and 2025, the Portuguese technology company “invested €2.2 million in this area.”
InnoWave’s commitment to AI “reflects a reality highlighted by the Directorate-General for Education and Science Statistics among the companies with the highest spending on research and development activities in Portugal.”
According to InnoWave, the investment “currently underway aims to accelerate AI adoption within the company, strengthening internal capabilities, optimizing processes, and fostering an innovation ecosystem. Structured around six pillars (talent, ecosystem, customer value, operational excellence, governance, and communication), this approach combines internal transformation with market impact.”
AI “is no longer a side bet—it has become part of how we design solutions, organize teams, and create value for clients. The investment made to date, along with the additional commitment planned for 2026, reflects a long-term vision for how InnoWave intends to evolve, with greater execution capacity, higher delivery quality, and an operating model better prepared to scale,” says Tiago Gonçalves, Chief Executive Officer (CEO) of InnoWave, quoted in the press release.
InnoWave “is also applying AI to data analytics and operations, enabling organizations to access critical information more quickly and make decisions with greater operational impact. This is the case with a European telecommunications operator, where this approach is being used to accelerate fault identification and incident resolution, helping to reduce operational impact.”
This investment in artificial intelligence “is allowing us to accelerate our execution capacity and, above all, enhance the way we help our clients respond and act faster in their markets,” the executive concludes.
