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  • Faktion

Faktion has been recognized by CIO Applications Europe Magazine as the exclusive recipient of “Top 10 Machine Learning Solution Companies - 2020,” based on our proprietary methodology, reflecting its position in the industry, and is also named among “,” reflecting its broader leadership. This profile has been developed by the CIO Applications Europe research and editorial team based on insights from an interview with Joeri Van Steen, Founder & CTO.

Faktion

Faktion
Paving the Pathway to an AI-based future

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Joeri Van Steen, Founder & CTO, FaktionJoeri Van Steen, Founder & CTO
“Without data, you’re just another person with an opinion.”

When W. Edwards Deming, an American engineer, professor, and author, wrote this, he implied that the capacity to collect, process, and draw relevant conclusions from different sources of data is vital to developing effective policies and, thus, organisations. In this data-driven era, automation is allowing decision-makers to move their organisation forward with the correct analytics to drive decisions. To that end, AI is expected to fuel tomorrow’s world and deliver smarter organisations than ever before. Against this backdrop, one company serving organisations with the vision and budget for a future where data science and machine learning will continue to drive their core business in a rapidly transforming economic reality is Faktion. It digs into a client’s business challenges, formulates a fitting machine learning and data visualisation, and builds the most effective and smart solutions. This Belgium-based AI engineering service provider delivers the academic and engineering background to build, train and deploy classifiers, chatbots, and other algorithms to make solutions more personal, smart and proactive.

From streamlining the flow of data in an organisation to enhancing productivity and operations, Faktion leverages its expertise in data analysis, visualisation and machine learning algorithms to help its clients’ businesses get to the next level of automation.
The company makes it convenient for organisations worldwide to hand off their mundane work to machines by helping them with advanced automation using the machine and deep learning methods. This enables the client to optimise their business or production processes or make way to new and more profitable business models. Founded in 2016, Faktion aims to be the delivery partner in an organisation’s current and future AI challenges by allowing them to gain a competitive advantage with AI adoption. On the voyage to strengthen its reputation as a trusted and high-quality AI solution provider in the European region, Faktion was recognised as the fastest-growing AI scale-up of 2019. Furthermore, owing to the company’s impeccable presence and his hands-on leadership, Joeri Van Steen, Founder and CTO of Faktion was the first Belgian to be prestigiously awarded as the CTO of the Year 2019. As someone passionate about incubating and productising machine learning algorithms into robust, secure and profitable AI products, Steen leads his team at Faktion by fostering a culture of knowledge sharing, boosting productivity and efficiency while building AI solutions.

Faktion often builds its solutions on an organisation’s existing toolkits to provide the most value in the least amount of time


Faktion advances an organisation’s strategic goals by imagining, developing, and implementing the technology stack which spans across NodeJS, Python, Scala, Java, ReactJS, Flink, Spark, TensorFlow, and other specific frameworks to add intelligence to the client’s digital products and business or production processes. Feeding on its years of top-notch partnerships with the major cloud providers like Microsoft Azure, Google Cloud Platform and Amazon Web Services, Faktion supports pure-play cloud-based or hybrid streaming data architectures. The company mostly builds its solutions on an organisation’s existing toolkits to provide the most value in the least amount of time. Besides applied machine and deep learning, Faktion helps an organisation self-assess their AI skills. Furthermore, with its accurate and complete NLP framework, Faktion provides exceptionally fast results from classification, document or email processing, information extraction to personality, demographical and mood analysis.

Over and above everything, Faktion’s outspoken competitive advantage is its extremely efficient capability and process of incubating and productising machine learning algorithms into robust, secure and profitable AI solutions in short timeframes.

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Top 10 Machine Learning Solution Companies - 2020

Faktion Info

Company
Faktion

Headquarters
Antwerp, Belgium

Management
Joeri Van Steen, Founder & CTO

Description
From streamlining the flow of data in an organisation to enhancing productivity and operations, Faktion leverages its expertise in data analysis, visualisation and machine learning algorithms to help its clients’ businesses get to the next level of automation. The company makes it convenient for organisations worldwide to hand off their mundane work to machines by helping them with advanced automation using the machine and deep learning methods. This enables the client to optimise their business or production processes or make way to new and more profitable business models. Founded in 2016, Faktion aims to be the delivery partner in an organisation’s current and future AI challenges

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