Silk Data

We have been developing AI models with high data accuracy for more than 20 years, and our key experts have PhD degrees. Our team focused on NLP, AI consulting & development, Machine Learning Engineering, Data Science and application development for the fields of education and e-learning, finance, marketing, retail and ecology.

• We have strong expertise in the development of AI-based solutions in the field of text analysis and processing. With us, you will have a clear understanding of the entire solution development process thanks to a streamlined process and guaranteed reliable communication. With Silk Data, you can be sure that your data is in good hands.
• Our key experts have PhD degrees.
• High level of team stability
• Implemented an AI solution for a government education project
• Best practices and standards of data security and confidentiality

Quality assurance.​ We ensure high quality services through strict adherence to quality standards and procedures, including internal review and testing processes. Our flexible service level agreements set expectations for timing, quality and availability of services and are documented and regularly discussed with clients based on their needs.
Areas of responsibility.​ At Silk Data, we prioritize transparency and clearly define areas of responsibility in each project. Our team works closely with your company to define roles and responsibilities, ensuring each party's responsibilities are clearly understood to avoid misunderstandings. We work with several software development models such as Scrum and Kanban.
Risk management and crisis response.​ We have developed a risk management system that allows you to quickly identify and manage potential problems in a project. In case of crisis situations, we have recovery and business continuity plans. We test results throughout the entire project and work to prevent errors rather than find them.
Ensuring data security.​

• Data and code encryption ​
• Authentication and access control ​
• Regular audits and monitoring ​
• Compliance with laws and regulations ​
• Use of HTTPS ​
• Employee training and consultation on data security and privacy issues

Documentation.​ In our team, we are strict about the documentation process and use documentation in defining project requirements and specifications, in forming the project's technical stack, and in the workflow.

We carefully discuss and formalize payment terms in the contract after assessing the project and agreeing on the team, in order to avoid misunderstandings and disputes in the future. After discussing all the details of the project, Silk Data analysts calculate the approximate budget and project timeframe. For the convenience of our clients, we offer several payment options:
Fixed price: we determine a portion of the risk based on unknown factors (usually 30% of the main development cost).
For small projects (10-15 thousand) prepayment is not required, but for large projects prepayment is required.
Hourly rate: Developers are paid for each hour worked.
For Time and Materials projects: We provide weekly detailed reports of time spent (along with invoice). This can be a monthly payment or payment in separate stages.
Equity Share: In some cases, Silk Data may agree to have an equity interest in the client's business, receiving a share of profits or an equity stake in the company in lieu of payment for services.
Hybrid models: In some cases, we offer a combination of several of the above payment forms for more flexible project management.
For product: We charge a monthly license and support fee. If the customer requires customization, additional features or integrations will incur a fee.

Our clients are mainly medium and small companies from the EdTech, FinTech, Publishing, Marketing, Ecology and Retail sectors. We also have several projects with enterprise companies in the areas of custom applications and web solutions.