ModApNVida – Non-life application platform
Project code: POCI-01-0247-FEDER-009968
Main objective: Reinforce research, technological development and innovation.
Intervention region: North of Portugal.
Beneficiary entity: I2S – INFORMATICA, SISTEMAS E SERVIÇOS, S.A.
Date of approval: 2016-05-11.
Start date: 2015-09-01.
End date: 2017-08-31.
Total eligible cost: € 1,176,414.68 (one million, one-hundred and seventy-six thousand, four-hundred and fourteen euros, and sixty-eight cents).
EU financial support
- FEDER – € 848,506.39 (eight-hundred and forty-eight thousand, five-hundred and six euros, and thirty-nine cents).
Objectives, activities and results expected/achieved
- The main goal of this project is to design a non-life insurance platform executable in a multi-device and cloud environment, thus making it scalable, accessible and adaptable to different application contexts and to intelligent risk management.
- Investment in R & D in relation to the GVA: 19.30%.
Expansion and reiforcement of i2S’ international activity
Project Code: POCI-02-0752-FEDER-01149
Main objective: To boost the competitiveness of small and medium-sized enterprises.
Intervention region: North of Portugal.
Beneficiary entity: I2S – INFORMATICA, SISTEMAS E SERVIÇOS, S.A.
Date of approval: 2015-08-31.
Start date: 2015-05-18.
End date: 2017-05-17.
Total eligible cost: € 501,019.69 (Five-hundred and one thousand, nineteen euros, and sixty-nine cents).
EU financial support
- FEDER – € 225,458.86 (Two-hundred and twenty-five thousand, four-hundred and fifty-eight euros, and eighty-six cents).
Objectives, activities and results expected/achieved
- Total revenue – to achieve a total revenue of 15.7 million euros at the end of 2018.
- Profitability – to achieve an EBITDA/VN ratio of 29% in 2018.
- Internationalisation share – 70% of i2S’ total revenue at the end of 2018.
- Diversification of geographical markets – to have sales in other geographical markets in 2018, [South Africa, Latin America (Colombia and Mexico)], and in Europe (Italy, United Kingdom and Germany), and to reinforce the presence and sales volume in the French market.
- Business partners (integrators) – to have, until the end of 2018, one international business partner for integration per country (in all target markets: France, South Africa, Colombia, Mexico, Italy, United Kingdom and Germany), in order to guarantee an efficient approach to i2S products’ implementation and maintenance operations.
- Investment in marketing – in means and actions that allow promoting i2S internationally. Assign an amount of about 1% of i2S’ total revenue to the marketing budget.
- International sales team – reinforcement of the international sales team with a minimum of two new elements, who will be dedicated to sales in the target markets, until 2018.
i3oT
Project code: POCI-01-0247-FEDER-033015.
Main objective: Enhance research, technological development and innovation.
Intervention region: North of Portugal.
Beneficiary entity: I 2 S-INFORMATICA,SISTEMAS E SERVIÇOS S.A.
Date of approval: 05-04-2018.
Start date: 01-05-2018.
End date: 30-10-2019
Total eligible cost: €340,179.22 (Three-hundred and forty thousand, one-hundred and seventy nine euros, twenty-two cents).
FEDER: €175.417,24 (One-hundred and seventy five thousand, four-hundred and seventeen euros, twenty-four cents).
Objectives, activities and results expected/achieved
- Demonstration of the solution to the sector.
- Number of entities expected to adopt the technology demonstrated in the two years following the demonstration – 5 companies.
- Participation in exhibitions and events for the insurance area.
- Preparation and promotion of papers on the theme (non-scientific/white papers) and published in newsletters, on the corporate website and on social networks.