"Data Center and Cloud Services"

The client OCTOTECH Ltd. has the following project proposal "Creation of a data processing center and wells in the town of Sevlievo" For this purpose will be purchased a server system for providing high volume computing power as a cloud service for the graphics render industry (cinematographers, animators , architects, video game developers, etc.).The current project will offer a decentralized cloud rendering platform to accelerate graphics rendering through its supercomputer network. The entrepreneurial idea of ​​the applicant is oriented towards a sector with high added value and the implementation of the project would result in meeting the needs of the market. With prices for supercomputers costing several hundred thousand leva and annual maintenance costs amounting to several thousand leva, it is no surprise that most people do not have access to the best in the industry. Due to the rapidly evolving world of video productions, potentially incorporating Enriched Reality and Virtual Reality, video rendering can take days or even months. The Assignor aims to enable its users to access very high cloud computing rendering power at supercomputer level. For this purpose, a high-tech center will be built up of separate server units with high computing power, which will be provided as a service at extremely advantageous prices.The potential customers to be targeted will be: Architects; Engineers; Video games and simulation developers; Developers of special effects for cinema and television; Designers; Cinematographers; Animators. The development of the applicant's new business aims to improve the company's competitiveness by achieving economic sustainability and stability. The company also plans to invest in software products in order to expand the business, to promote new services and to increase the quality of customer service.

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Overview

Status Contracted
Start date 19 May, 2022
End date 15 Sep, 2023
Contract date 19 May, 2022
View in UMIS

Beneficiary

Financial information

Total cost 334,000.00
Grant 167,000.00
Self finance 167,000.00
Total paid 0.00
EU participation percent 85.0%

Location

Bulgaria, North and South East Bulgaria (BG3), North Central (BG32), Gabrovo (BG322), Sevlievo, Sevlievo