UAB Elsis PRO hereby notifies about the successful completion of the implementation of the Project „Development of the Risk Management Information System PRO.RISKS“ financed under the VP2-1.3-ŪM-02-K Measure „Intellect LT“, Priority 1 „Research and Development for Competitiveness and Growth of the Economy“ of the EU Operational Programme for Economic Growth 2007–2013.
The Project was implemented during the period from April 2011 to July 2013.
The budget of the implemented project – about LTL 1.17 million, received support funds account for about LTL 0.45 million.
The aim of this Project was to increase the Company’s competitiveness in the Lithuanian and foreign markets through the development of new, innovative and scientific research based products.
The two goals set for the Project were: to perform the research of risk management methodologies and information technology services and to develop the prototype of the risk management information system PRO.RISKS in the process of technological development activities.
The outcome of the Project was the prototype of the risk management information system PRO.RISKS developed using the universal theoretical model of risk management. The Company is planning to develop a commercial product on its basis in the nearest future.