FCSE Participates in a Project Supported by FITD Innovation Vouchers

With support from innovation vouchers provided by the Fund for Innovation and Technology Development (FITD), FCSE participated in preparing a feasibility study to improve and optimise the products and capacities of the company Hoyo Tech

Under the leadership of Assistant Professor Petre Lameski, recommendations and guidelines were prepared for developing artificial-intelligence algorithms incorporated into all Hoyo Tech products, including fleet-management, smart-home and smart-vending-machine products. In addition, the methods and algorithms developed can be applied to any future product of the company.

The feasibility study provides clear guidance for short-, medium- and long-term objectives for further product development. With the support of this study, the company’s products gain a significant competitive advantage and become considerably more competitive in both domestic and international markets.