Ilves’ 2023 – rapid growth & Gen AI innovation
A big thank you to all our clients and collaboration partners for this year, and wishing everyone a happy and prosperous New Year! We will continue to pursue our mission of making data valuable with determination for the success of our clients.
We stayed on the growth path and developed the foundation for scalable growth
The past year was a year of growth. Our SaaS business turnover increased by over 75%, and we expect it to continue growing by over 50% in 2024. Despite slowing us down, heavy investments in Gen AI innovation and product developments will start paying off in 2024. We anticipate that the product development investments we made in 2023 will enable growth already this year. From 2025 onwards, they will significantly accelerate our growth.
Ilves’ vision for 2024
Our competitive advantage is based on our ability to bring together the necessary information and tools for legal tasks in one place. Naturally, this is also the foundation of our vision.
Based on customer conversations, we are soon ready to launch integrated generative AI capabilities in our main products. This moves us towards our vision of offering access to all the information and tools needed for work from a single source. We are currently referring to it as the Ilves Assistant. Contact us to learn more.
Join the Ilves Insight newsletter mailing list
A more detailed story of our past year’s activities will be published in the new Ilves Insight newsletter. In it, we will cover topics such as our strategy, key highlights of the fiscal year 2023 product development investments, Legal Tech Glögit network activities, and the Nordic Legal Tech Day.
Please join the mailing list to stay informed about the release of Ilves Assistant as well. Meanwhile, learn more about how to make your organizational data more valuable with our easy-to-use legal tech products, such as Ilves MyActivities Pro time tracker, and our new solutions like intergations as a service.
Have a great year! Let’s stay in touch.
Heikki Ilvessalo
CEO
