Development of Descriptive and Prognostic Analysis System

The overall objective of the project is to increase the competitiveness and innovation capacity of FTS Bulgaria Ltd. by developing a system for descriptive and predictive analyzes. To achieve the main goal of the project, the following specific objectives contribute: - Provide the necessary technological infrastructure to develop and test the innovation system by providing the equipment needed to create a prototype of the system; - To develop and test the functionality and reliability of a prototype system in a different operating environment; The project activities are related to the development and testing of the objective to develop a service based on a system of descriptive and predictive analyzes to enable organizations working in the retail and transport sectors to use pre-built models with built-in artificial intelligence for forecasting and classifying data optimized for the particular industry. The availability of pre-defined retail and transport solutions will make the service available to more companies and the implementation of the project will allow the company to enter a new market niche in the field of business analyzes and forecasting both in Bulgaria and on the international market. As a result of the project, the company is expected to gain a significant market advantage, increase its ability to attract foreign customers and increase sales and market share of the company. The proposal is fully in line with the objective of this procedure and the identified thematic areas of the ISIC - ICT and Informatics, -web, hybrid and "native" applications, web-based applications for creating and exploiting new services and products; - Big Data, Grid and Cloud Technologies; -using new opportunities in relation to outsourcing and ICT-based services and systems.

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