Best ML Development Services

Tensorway vs Markovate: full comparison for 2026

Last updated: July 2026

Quick verdict

Tensorway (4.6/5) edges ahead of Markovate (4.1/5) 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.. Markovate is the stronger option for companies wanting AI agent or chatbot development led by an executive with enterprise AI leadership background (AT&T, IBM).. The right choice depends on your project size, budget, and required tech stack.

Tensorway vs Markovate: head-to-head summary

Criterion Tensorway Markovate
Founded 2019 2015
HQ Alicante, Spain San Francisco, California, United States
Team size 50–249 50–100
Rating 4.6 / 5 4.1 / 5
Best for Fintech, healthcare, and retail companies that want a boutique EU-based ML vendor with an established software-delivery parent. Companies wanting AI agent or chatbot development led by an executive with enterprise AI leadership background (AT&T, IBM).
Pricing model Project-based, time & materials Project-based, dedicated team
Min. engagement $10,000+ Not published
Primary tech stack TensorFlow, PyTorch, OpenCV LangChain, OpenAI API, Python
Industries served FinTech, Healthcare, Retail & E-commerce, EdTech Healthcare, Retail & E-commerce, FinTech, Travel & Hospitality

Tensorway vs Markovate: 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.

Markovate

Markovate was founded in 2015 and is led by CEO Rajeev Sharma, an AI veteran with 18+ years of experience who previously led AI initiatives at AT&T and IBM. Headquartered with a San Francisco address (some sources cite Toronto as an operating base), the company has grown to roughly 51 employees, including 50+ engineers described as 'certified AI engineers' (per company website), delivering custom AI agents, chatbot development, and cloud services for healthcare, retail, fintech, SaaS, and travel clients. Its small team size makes it a boutique play best suited to scoped generative AI or agent projects rather than large-scale programs.

Services and capabilities: Tensorway vs Markovate

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

Tech stack comparison: Tensorway vs Markovate

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

Pricing comparison: Tensorway vs Markovate

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

Target audience comparison: Tensorway vs Markovate

Dimension Tensorway Markovate
Best company size Startup to mid-market Startup to mid-market
Best industries FinTech, Healthcare, Retail & E-commerce Healthcare, Retail & E-commerce, 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. Company wants an AI agent or chatbot built by a team led by a former enterprise AI executive., Healthcare or fintech startup needs a scoped generative AI project from a small, focused vendor.
Typical project type Project-based Project-based

Tensorway vs Markovate: 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.
Markovate
+ CEO's 18+ years leading AI initiatives at AT&T and IBM brings genuine enterprise AI leadership experience to client engagements.
+ Focused service scope (AI agents, chatbots, generative AI) rather than a broad, diluted general-consulting offering.
+ Serves a wide industry spread (healthcare to travel) despite small team size, suggesting adaptable delivery patterns.
- At roughly 51 employees, capacity for multiple concurrent large engagements is limited.
- HQ location is inconsistently reported (San Francisco vs. Toronto across sources) — confirm the contracting entity directly.
- "50+ certified AI engineers" claim on a 51-person total headcount is a company claim worth verifying during vendor due diligence.

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 Markovate?

Markovate is the right choice for companies wanting AI agent or chatbot development led by an executive with enterprise AI leadership background (AT&T, IBM)..

CEO brings direct enterprise AI leadership experience (AT&T, IBM) rather than a purely technical or agency background.. Minimum engagement starts at Not published. Works best with clients in Healthcare, Retail & E-commerce, FinTech, Travel & Hospitality.

Decision matrix: Tensorway vs Markovate

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 Markovate
Your budget is at the lower end Compare: Tensorway ($10,000+) vs Markovate (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 Both may offer discovery engagements

Use case fit: Tensorway vs Markovate

Use case Tensorway fit Markovate 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 Strong Both equally
Company wants an AI agent or chatbot built by a team led by a former enterprise AI executive. Strong Strong Both equally
Healthcare or fintech startup needs a scoped generative AI project from a small, focused vendor. Strong Strong Both equally
Fixed-scope ML build Limited Limited Both equally
Ongoing model retraining Strong Limited Tensorway

Verdict: Tensorway vs Markovate

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..

Markovate (4.1/5) is the better choice when companies wanting AI agent or chatbot development led by an executive with enterprise AI leadership background (AT&T, IBM).. If your situation matches those criteria, Markovate is a competitive option.

Related comparisons

Tensorway vs Markovate FAQ

Is Tensorway better than Markovate?

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.. Markovate is better for companies wanting AI agent or chatbot development led by an executive with enterprise AI leadership background (AT&T, IBM)..

How do Tensorway and Markovate differ in pricing?

Tensorway uses project-based, time & materials pricing with a minimum engagement of $10,000+. Markovate uses project-based, dedicated team 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 Markovate?

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 Markovate?

Tensorway's primary differentiator is: ai boutique backed by 20+ years of software delivery experience via parent company anadea.. Markovate's primary differentiator is: ceo brings direct enterprise ai leadership experience (at&t, ibm) rather than a purely technical or agency background.. They also differ in team size (50–249 vs 50–100), minimum engagement ($10,000+ vs Not published), and primary industries served (FinTech, Healthcare vs Healthcare, Retail & E-commerce).

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