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Inlusion Netforms

Inlusion Netforms

The total value of the project is 97.666,00 EUR, EU regional development founding - 45.000,00 EUR. Project support was granted in accordance with 2014-2020 European Union Funds Investment Program 3 priority "Promotion of Small and Medium-Sized Business Competitiveness" measure Nr. 03.2.1-LVPA-K-801 "New Opportunities LT". JSC "Inlusion netforms" has been operating in Lithuania since 2010. The company specializes in IT, programming, CRM systems development as well as collocation and cloud services for management companies in Germany and Hungary. For the past 18 months, the company has been specializing in virtual reality. "Inlusion netforms" creates VR simulators for education, staff training, entertainment and architectural landmark virtualizations using the latest VR technology tools (3D scanning, eye tracking). The company aims to increase its turnover in search of foreign markets. The first steps have already been taken, the company has started its export activities, but in order to expand it on a larger scale, it is necessary to present the existing products during exhibitions. The aim of the project is to ensure the emergence of new export markets, thus contributing to the diversification of the company's markets and risks, increase of turnover, export, competitiveness and overall growth of Lithuanian export volumes. It is planned that participation in international exhibitions related to the company's services will help to find potential clients and partners in foreign countries who will evaluate the quality of products provided. The main export directions are countries with high development level in the IT sphere (USA, UK, Germany, UAE, France, Japan). After successful implementation of the project and contact establishment in foreign markets, one can expect to gain significant market share and expand the company's sales. After the implementation of the project, "Inlusion netforms" plans to continue actively expanding sales to the EU, CIS and other countries. Establishing contacts with foreign partners during the project will allow to discover new export markets, expand them and increase sales. "Inlusion netforms" estimates that with the help of the EU project, export value growth over the next 3 years will accumulate over 1,200,000 EUR. This will increase productivity, improve operational efficiency and provide a source for investing in new services, market research and creation of new jobs. The project activities are expected to be completed by 2020, April 5th. © 2019 Inlusion Netforms

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About Inlusion Netforms

Founded

2009

Estimated Revenue

$1M-$10M

Employees

11-50

Category

Industry

Information Technology And Services

Location

City

Vilnius

State

Vilnius County

Country

Lithuania

Tech Stack (23)

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