Improving the production capacity of Internet Corporated Networks EOOD

The project proposal is aimed at obtaining funding from Internet Corporated Networks Ltd for investments in Tangible and Intangible Fixed Assets for improvement and expansion of the production capacity of its business site in Montana. The project aims at "Increasing Production Capacity and Strengthening of the export potential of Internet Corporated Networks Ltd in order to improve the company's competitiveness and presence on both domestic and foreign markets." The capacity of the main activity under NACE-72.19 Research and development will be improved related to the development of the innovative platform and hosting solutions for the implementation of the "Shared Hosting" service. By the project realization, the hosting space will be extended, the service will be modernized and improved by integrating the latest technological solution, improving the processes for its implementation and the platform productivity, reducing the production costs. The project is implementing in the thematic area of ISIS "Informatics and ICT" for the use of a modern technological solution such as SDS for the realization of ICT-based services. The project activity is related to the improvement of the production capacity of the applicant through the acquisition of Tangible Fixed Assets-Software distributed disk array (2pcs), Virtual shared server (6pcs), Intangible Fixed Asset - Distributed disk management software (1bp). The main results are : • Improved competitiveness and market presence on the domestic and foreign markets; • Improved production processes for developing and implementing Shared Hosting Service - higher productivity, scalability; • Extended capacity of Internet Corporated Networks Ltd at the business site in Montana; • Reduced production costs by 5-7%; • Improved service quality for greater flexibility, adaptivity; • Increased productivity by 16.97%; • Change in average export earnings by 116.94%; • Increase of the Net Sales Revenue by 20.08%.

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Overview

Status Closed (completion date)
Start date 20 Feb, 2020
End date 01 Mar, 2021
Contract date 20 Feb, 2020
View in UMIS

Financial information

Total cost 776,874.00
Grant 543,811.80
Self finance 233,062.20
Total paid 543,480.00
EU participation percent 85.0%

Location