Tiago Mendes Gonçalves, CEO of Innowave, is steering the Portuguese digital transformation leader toward explosive growth by doubling revenue to €50 million within three years. Central to this ambition is a €1 million investment to embed AI across the company’s operations—from internal processes to client solutions—under the new NEXT strategy.
While energy and banking are top focus areas, Innowave is also gearing up to seize the booming opportunities in the Defense sector, targeting the US and European markets. With over 60 employees serving the US market remotely from Portugal, the company leverages global talent pools, especially in India and Portugal, balancing scale and innovation.
Innowave believes AI is a productivity multiplier, enhancing—not replacing—human talent. Real-world examples show teams completing complex projects in a fraction of the usual time. The company actively invests in reskilling and technology adoption to stay ahead.
Facing fierce competition for tech talent in Portugal’s booming startup scene, Innowave prioritizes meaningful challenges and career growth to retain employees.
From telecom’s past dominance (now 55% of revenue) to rapid growth in financial services (27%) and energy (10%), Innowave is evolving with its clients. “Survival depends on digital transformation,” Gonçalves says. His vision is clear: enable clients to disrupt their industries with smart, scalable AI-powered solutions, building a future-ready business.
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