Best ML Development Services

Tensorway vs ELEKS: full comparison for 2026

Last updated: July 2026

Quick verdict

Tensorway (4.6/5) edges ahead of ELEKS (3.7/5) overall. Tensorway is the better choice for fintech, healthcare, and retail companies that want a boutique EU-based ML vendor with an established software-delivery parent.. ELEKS is the stronger option for enterprises wanting AI/ML delivery from one of the oldest continuously operating engineering firms in Central/Eastern Europe.. The right choice depends on your project size, budget, and required tech stack.

Tensorway vs ELEKS: head-to-head summary

Criterion Tensorway ELEKS
Founded 2019 1991
HQ Alicante, Spain Tallinn, Estonia
Team size 50–249 2,100+
Rating 4.6 / 5 3.7 / 5
Best for Fintech, healthcare, and retail companies that want a boutique EU-based ML vendor with an established software-delivery parent. Enterprises wanting AI/ML delivery from one of the oldest continuously operating engineering firms in Central/Eastern Europe.
Pricing model Project-based, time & materials Time & materials, managed engagement
Min. engagement $10,000+ Not published
Primary tech stack TensorFlow, PyTorch, OpenCV Python, AWS, Azure
Industries served FinTech, Healthcare, Retail & E-commerce, EdTech Manufacturing, Healthcare, FinTech, Retail & E-commerce

Tensorway vs ELEKS: overview

Tensorway

Tensorway was founded in 2019 as an AI-focused unit of Anadea, a 20+ year software development company, and had its public launch in 2023. Based in Alicante, Spain with a team in the 50–249 band (per Clutch), the firm delivers machine learning, deep learning, computer vision, and NLP projects for fintech, healthcare, retail, and edtech clients, with post-deployment model retraining and 24/7 support included in its engagement model. Because Tensorway operates as a spin-out rather than a fully independent company, prospective clients should confirm current ownership and delivery-team overlap with Anadea before signing.

ELEKS

ELEKS was established in 1991 and is headquartered in Tallinn, Estonia, with roughly 2,100+ employees operating from offices across the US, Canada, Germany, Ukraine, Poland, Switzerland, Japan, Croatia, the UAE, Saudi Arabia, and the UK. The firm leverages AI/ML, Big Data, IoT, cloud, cybersecurity, and UX expertise, reporting more than 1,000 successfully delivered data-driven projects over its 30+ year history, and has received a 2024 Spring Clutch Global Award plus recognition on the Global Outsourcing 100 list. As one of the oldest firms in this list, ELEKS' AI/ML practice is one of several mature service lines rather than a standalone specialty.

Services and capabilities: Tensorway vs ELEKS

Capability Tensorway ELEKS
Custom ML Models
Computer Vision
NLP
MLOps
Generative AI
AI Consulting

Tech stack comparison: Tensorway vs ELEKS

Framework / platform Tensorway ELEKS
TensorFlow
PyTorch N/A
AWS
Azure N/A
Google Cloud N/A N/A
LangChain N/A N/A
Hugging Face N/A N/A
Kubernetes N/A N/A

Pricing comparison: Tensorway vs ELEKS

Criterion Tensorway ELEKS
Minimum engagement $10,000+ Not published
Engagement models Project-based, Time & materials Managed engagement, Time & materials, Staff augmentation
Rate transparency Minimum disclosed Not public
Price tier Accessible Mid-market

Target audience comparison: Tensorway vs ELEKS

Dimension Tensorway ELEKS
Best company size Startup to mid-market Startup to mid-market
Best industries FinTech, Healthcare, Retail & E-commerce Manufacturing, Healthcare, FinTech
Best use cases Fintech or healthcare startup needs a computer vision or NLP model built with ongoing retraining support., Retail company wants a boutique EU vendor instead of a large outsourcing firm for a scoped ML project. Enterprise wants AI/ML delivery from one of the longest continuously operating engineering firms in the region., Manufacturing or fintech company needs a data-driven project delivered by a firm with 1,000+ prior deliveries.
Typical project type Project-based Managed engagement

Tensorway vs ELEKS: pros and cons

Tensorway
+ Backed by Anadea's 20+ years of software delivery experience, reducing the operational-risk profile typical of a 2019-founded firm.
+ Post-deployment model retraining and 24/7 support are included rather than sold as a separate line item.
+ $10,000+ minimum project size is accessible for mid-sized fintech and healthcare teams, not just large enterprises.
+ Focused service scope (ML, DL, computer vision, NLP) avoids the generalist sprawl of larger IT outsourcers.
- As a unit spun out of Anadea in 2019 with a 2023 public launch, its independent track record is shorter than its 20-year parent-company narrative implies.
- 50–249 employee band (per Clutch) is wide, making it hard to confirm how many staff are dedicated specifically to ML work.
- Smaller public case-study footprint than larger regional peers like SoftServe or N-iX.
ELEKS
+ 33+ years of continuous operation (since 1991) is among the longest track records of any firm in this list.
+ 1,000+ successfully delivered data-driven projects gives it an extensive AI/ML/data delivery pattern library.
+ 2024 Spring Clutch Global Award and Global Outsourcing 100 listing are independently sourced recognitions.
+ 2,100+ employees across 11 countries provide broad geographic delivery coverage.
- AI/ML is one of several mature service lines (alongside Big Data, IoT, cybersecurity, UX) rather than the firm's primary identity.
- Legal HQ in Tallinn, Estonia while origin and significant delivery capacity remains tied to Lviv, Ukraine — confirm contracting entity.

Who should choose Tensorway?

Tensorway is the right choice for fintech, healthcare, and retail companies that want a boutique EU-based ML vendor with an established software-delivery parent..

AI boutique backed by 20+ years of software delivery experience via parent company Anadea.. Minimum engagement starts at $10,000+. Works best with clients in FinTech, Healthcare, Retail & E-commerce, EdTech.

Who should choose ELEKS?

ELEKS is the right choice for enterprises wanting AI/ML delivery from one of the oldest continuously operating engineering firms in Central/Eastern Europe..

33+ years of operating history (since 1991) with 1,000+ delivered data-driven projects and Global Outsourcing 100 recognition.. Minimum engagement starts at Not published. Works best with clients in Manufacturing, Healthcare, FinTech, Retail & E-commerce.

Decision matrix: Tensorway vs ELEKS

Your situation Recommended choice
You need full-ownership delivery on a defined project scope Both offer fixed-price models
You need a large dedicated team for an ongoing programme Check each company's engagement model
Your budget is at the lower end Compare: Tensorway ($10,000+) vs ELEKS (Not published)
You need specialist depth in a specific vertical Tensorway
You need production MLOps support after model launch Both offer MLOps support
You need consulting before committing to a build ELEKS

Use case fit: Tensorway vs ELEKS

Use case Tensorway fit ELEKS fit Winner
Fintech or healthcare startup needs a computer vision or NLP model built with ongoing retraining support. Strong Strong Both equally
Retail company wants a boutique EU vendor instead of a large outsourcing firm for a scoped ML project. Strong Limited Tensorway
Enterprise wants AI/ML delivery from one of the longest continuously operating engineering firms in the region. Limited Strong ELEKS
Manufacturing or fintech company needs a data-driven project delivered by a firm with 1,000+ prior deliveries. Limited Strong ELEKS
Fixed-scope ML build Limited Limited Both equally
Ongoing model retraining Strong Limited Tensorway

Verdict: Tensorway vs ELEKS

Tensorway (4.6/5) is the stronger overall choice for most Machine Learning Development projects. AI boutique backed by 20+ years of software delivery experience via parent company Anadea.. It is best for fintech, healthcare, and retail companies that want a boutique EU-based ML vendor with an established software-delivery parent..

ELEKS (3.7/5) is the better choice when enterprises wanting AI/ML delivery from one of the oldest continuously operating engineering firms in Central/Eastern Europe.. If your situation matches those criteria, ELEKS is a competitive option.

Related comparisons

Tensorway vs ELEKS FAQ

Is Tensorway better than ELEKS?

Tensorway (4.6/5) scores higher overall, but "better" depends on your use case. Tensorway is better for fintech, healthcare, and retail companies that want a boutique EU-based ML vendor with an established software-delivery parent.. ELEKS is better for enterprises wanting AI/ML delivery from one of the oldest continuously operating engineering firms in Central/Eastern Europe..

How do Tensorway and ELEKS differ in pricing?

Tensorway uses project-based, time & materials pricing with a minimum engagement of $10,000+. ELEKS uses time & materials, managed engagement pricing with a minimum engagement of Not published. Neither firm publishes a full rate card; a discovery call is required for project-specific quotes.

Which is better for enterprise: Tensorway or ELEKS?

Tensorway is the larger team and typically the better enterprise-scale choice. For very large programmes, verify team size and compliance coverage directly with each company before shortlisting.

What are the main differences between Tensorway and ELEKS?

Tensorway's primary differentiator is: ai boutique backed by 20+ years of software delivery experience via parent company anadea.. ELEKS's primary differentiator is: 33+ years of operating history (since 1991) with 1,000+ delivered data-driven projects and global outsourcing 100 recognition.. They also differ in team size (50–249 vs 2,100+), minimum engagement ($10,000+ vs Not published), and primary industries served (FinTech, Healthcare vs Manufacturing, Healthcare).

Last reviewed: July 2026. Verify all details directly with each company before making a decision.