"Improving the competitiveness of INFOLEVEN Ltd."

Infoleven Ltd. was established in 2015 with main scope of activity: complete development of software solutions and products - concept design, description of requirements, design, software architecture and development, testing, project management and software maintenance. The company's activities include long-term outsourcing services for corporate clients as well as project-based services for small and medium-sized enterprises in the field of telecommunications, digital marketing, publishing and media agencies, start-ups and others. The company has built a wide network of international clients and partners based in Germany, Malta, Switzerland and others. The subject of this project proposal is the deployment of a new service - rental of computing capabilities (cloud service). For this purpose, it is envisaged to create a data center equipped with specialized high performance server configurations. Potential users of the cloud services are: - software companies with development in the field of artificial intelligence and machine training; - digital agencies that create computer-generated graphics or videos for advertising or other purposes. The main activities to be implemented are: 1) Improvement of the production capacity through diversification of the company's activity by purchase of tangible fixed assets; 2) Implementing new technology to improve resource efficiency; 3) Information and publicity (visualization) of the project. In the conditions of dynamic development of the IT market and the existing big competition, the diversification of the activity of Infoleven Ltd. is a prerequisite for the sustainable development of the company. The results of the project will lead to an improvement in the company's performance and competitive position. The project activities fall entirely within within ISIS thematic area namely in "Informatics and ICT".

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Overview

Status Closed (completion date)
Start date 06 Dec, 2019
End date 11 Feb, 2021
Contract date 06 Dec, 2019
View in UMIS

Beneficiary

Financial information

Total cost 391,150.00
Grant 352,035.00
Self finance 39,115.00
Total paid 352,030.50
EU participation percent 85.0%

Location