TeamViewer, the global technology company, has announced a move into new offices in Porto with plans to almost double headcount to 55 by the end of the year.
The opening of the new office, in which teams will focus on developing augmented reality solutions, follows TeamViewer’s creation of a research and development hub in the city in 2021.
TeamViewer, which provides a connectivity platform which it claims allows users to remotely access, control, manage, monitor, and repair devices of any kind, said the opening of the new office demonstrated its intention to “double down” on the strategic advancement of its engineering capabilities in Portugal.
A big part of TeamViewer’s new AiStudio add-on to its enterprise augmented reality platform TeamViewer Frontline, which consists of a self-learning algorithm to train AI models for image and object recognition, was developed in Porto, the company added.
Mike Eissele, chief technology officer at TeamViewer, commented: “The decision for Portugal as location was based on a comprehensive selection framework evaluating key growth and cultural factors including availability of top talent, educational infrastructure, regulatory framework, entrepreneurial mindset, and quality of life”.
Luís Castro Henriques, chairman & CEO at AICEP, Portugal’s trade and investment agency, added: “This is a clear demonstration that Porto has become a preferred destination for technology-based operations that can benefit from highly skilled and dynamic talent pool”.