Improving the production capacity of VMLabs Ltd

VMLabs Ltd. is an innovative company specialized in computer programming. This project aims to create a new business site in the district of Pleven, which will ensure the quality improvement of the offered services and increase of the production capacity. The company has now developed a service for creating technology solutions for the hotel business. The investments in this project foresee the purchase of a development, simulation and programming center (DSP). Through it VMLabs Ltd. will carry out activities for improvement of the offered service by providing virtual simulation and complete prototyping of programmed individual technological solutions for the management optimization of the hotel business. With the project implementation an automated, ICT-based approach in the provision of unique industrial solutions will be realized. It includes virtual work with various controllers and components, simulation of different real-life situations and loads in order to reach the virtual prototype closest to the final product, which can be physically executed and tested outside of the virtual environment. This approach significantly reduces the costs of both physical testing of different prototypes and the necessary operational and human resources to implement the process. In addition, the service contributes to increased resource and energy efficiency of the hotel business as well as consumer satisfaction. The total budget of the project proposal is BGN 498 500, the implementation period is 12 months. The funding regime is "regional aid" and the project is implemented in the field of Informatics and ICT (Information and Communication Technologies) of ISSS (Innovation Strategy for Smart Specialization). The envisaged activities and objectives are in line with the requirements of the present procedure and their implementation will ensure the improvement of the production capacity and the export potential of the company.

Comments