Promoting entrepreneurship by launching a service to develop reports, analytics, and information repositories by collecting data from users of smart home appliances

Euro Custom Ltd. was established in October 2017 with the aim to develop in the field of research and development activities in technical sciences. This project presents the idea of marketing a service for developing reports, analyzes and information repositories by collecting data from users of smart home appliances. Based on an ad hoc method of obtaining the data through the development of a functional software application interface, structured data will be created that will be the main source of scientific reports and high value added information repositories. The service will be designed for scientific organizations and businesses that share their data and develop "smart homes" technologies to identify patterns in consumer behavior to improve business offerings of companies and create value-added products or services for consumers. In view of the market realization of the entrepreneurial idea, as well as increasing the scale and capabilities of the enterprise to meet the needs of the maximum number of customers and positioning on the international markets, the company needs the purchase of suitable high technology equipment and investment in human capital. Within the project, the company will create the tools and infrastructure for data collection and storage. Standards, requirements, and external connectivity protocols will be developed to create the environment needed to extract structured data from smart device users and develop specific reports and analyzes, as well as repositories with a structured information base. The implementation of this project will provide the necessary impetus and will increase the capacity and competitiveness of the company to develop into one of the priority sectors with high added value according to the National Strategy for Promotion of Small and Medium-Sized Enterprises 2014-2020

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