In the field of European project development, where many IT services like AI, IoT, big data, and mixed reality (MR) must be integrated, having a good consultant can truly make a difference.
Soon, you’ll understand why IT consulting makes it easier for a project to succeed, and which areas are worth investing in today. Keep reading.
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What is IT consulting
IT consulting helping businesses maximize their potential with IT solutions. In the context of EU project development, it goes beyond technological challenges, it also focuses on how these challenges are addressed, which is essential for attracting funding.
What is EU project development
EU project development involves the creation and management of projects that meet the requirements of European Union funding calls, which often include the use of IT services. These projects span various sectors, from the green economy to e-health.
IT services: essential for (EU) project development
IT services are the foundation of every successful EU project. In short, professional IT consulting ensures that the IT solutions used are compliant with European standards and meet the minimum requirements set by each funding call.
AI: the fifth industrial revolution
Artificial intelligence (AI) has sparked the fifth industrial revolution, known as Industry 5.0. It’s also transforming the way projects are developed.
For example, it is already being used in sectors such as ed-tech and smart mobility, making proposals more attractive to those responsible for allocating funds.
ElevenLabs
One of the most notable cases is that of the London-based startup ElevenLabs (2022), which developed an AI-powered voice cloning platform. As of January 2025, its valuation surged from $180 million to $3.3 billion. The platform offers tools for voice generation, voice design, sound effects, dubbing in 32 languages, and partnerships with publishers and video game studios.
IoT: always-on devices
The Internet of Things (IoT) has been transforming the way people interact with objects for decades. When it comes to EU projects, IoT offers a wide range of opportunities, from home automation to real-time monitoring systems for industrial plants.
Embitel
Embitel specializes in IoT solutions for predictive maintenance and over-the-air (FOTA) firmware updates, partnering with leaders in Industry 4.0 and the automotive sector.
Big data analysis: data-driven decisions
Big data analysis, enhanced by AI algorithms, allows businesses to make data-driven decisions; it helps identify trends and patterns that will influence both the design and real-world use of a product. Projects that integrate big data analysis solutions in European funding calls are, in fact, more attractive.
Perplexity
In just three years, Perplexity has achieved an $18 billion valuation. The platform combines AI with big data analysis to enhance search capabilities.
Mixed reality (MR): immersive simulations, prototyping, and training
Mixed reality (MR) combines augmented reality (AR) and virtual reality (VR) to create immersive experiences, particularly in fields like education, training, and culture.
In research and development projects, MR is useful for simulations, prototyping, and advanced training; it can also help reduce operational costs in some cases.
Frameless
Frameless, originally an iOS and Android app, allows users to turn any location into a high-quality immersive virtual environment. Today, for many companies, this technology simplifies the process of creating mixed reality environments.
How PMF Research can help you
The projects mentioned above are all examples of initiatives developed with the help of funding. As you can see, IT consulting is a strategic resource for anyone with a business idea.
Looking for a reliable partner? Choose PMF Research for expert IT consulting services in EU projects. We’ll evaluate your needs and assist you in securing funding.
Contact us now! Fill out the contact form below, message us on WhatsApp, or call us at +390957225331. We look forward to hearing from you!
