IndigoVerge will be presenting a seminar on the benefits of Industrial internet of Things


Engineers, as well as managers and clients of Ultraflex Power Technology are invited to attend the event.
What is Industrial Internet of Things (IIoT) / Industry 4.0 and what benefits can equipment manufacturers and their clients reap from it?
This will be the topic of an upcoming seminar that IndigoVerge will deliver to engineers and manager/clients of Ultraflex Power Technologies.

IIoT seminar

The event will take place on May 19th from 10:00 am, at Ultraflex Power Technologies Bulgarian office and will cover the following topics: What is IIoT, what applications and opportunities are enabled by IIoT, what are the benefits for equipment manufacturers and their customers and what specific steps are needed to successfully integrate IIoT-based solutions.

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IndigoVerge to present at “Oslo meets Sofia” business forum


The founder and CEO of IndigoVerge Ilia Iordanov will be presenting his company and the opportunities for IT business in Bulgaria at the business forum “Oslo meets Sofia”. The event will take place between May 1 and May 5, 2017 in Oslo, Norway and is the second event of its kind, supported by the Fund for Bilateral Activities, part of BG10-Green Industry Innovation Programme Bulgaria. The first event took place between January 24 and January 26, 2017 in Sofia, under the slogan “Oslo meets Sofia”. The forum is organized by Sofia Investment Agency (part of Sofia municipality) in cooperation with Innovation Norway (Norwegian state owned entity).

The current forum has its primary focus on IT, Energy and Clean technology.

Ilia Iordanov will present to Norwegian businesses his company IndigoVerge, which operates in the sphere of IIoT-based solutions and has 10+ years experience with projects for customers in USA, Austria, Germany, Sweden and Denmark. The company is specialized in consulting, development and integration of IIoT solutions, thanks to which customers can optimize the manufacturing processes, improve their technical support and provide value-added services like monitoring and prevention of equipment failures.

IndigoVerge is one of the fastest growing IT companies in Bulgaria, member of the Bulgarian association of software companies BASSCOM. Several projects developed by the company have been awarded the ‘Young Entrepreneur’ award by the President of Bulgaria.

During the Oslo event IndigoVerge will be sharing their experience and contribution for the development of the IT sector in Bulgaria and will be seeking new partners for future project collaboration.

If interested to meet Ilia at the event – please get in touch at:
ilia [at]

Публично съобщение за набиране на ценови предложения [BULGARIAN VERSION]


В изпълнение на Проект BG16RFOP002-2.002-0172, “Развитие на ИндигоВърдж чрез интелигентно управление, оптимизирани процеси и въвеждане на информационни системи” ИндигоВърдж обявява следната покана за набиране на ценови предложения:


ИндигоВърдж с първия си голям проект финансиран от ЕС чрез ОПИК [BULGARIAN VERSION]



На 06.03.2017 г., ИндигоВърдж ООД сключи договор за безвъзмедна финансова помощ по ОП “Иновации и конкурентоспособност”, постигайки ключов стратегически успех за дружеството. ИндигоВърдж ще получи финансиране в размер на 350 840.00 лв, за подобрение и развитие на управленския потенциал на компанията чрез внедряване на ERP и BI системи. Договорът бе връчен на официална церемония на 07.03.2017 г. от Министерство на икономиката, Управляващ орган на Оперативна програма „Иновации и конкурентоспособност“, по процедура BG16RFOP002-2.002 “Развитие на управленския капацитет и растеж на МСП” и е със срок на изпълнение 14 месеца
Дружеството ни беше класирано на 54то място от общо 239 одобрени проекта в категорията на “микро и малки предприятия”.


Обща информация:
Процедура: BG16RFOP002-2.002 „Развитие на управленския капацитет и растеж на МСП“
Проект номер: BG16RFOP002-2.002-0172
Бенефициент: ИндигоВърдж ООД, ЕИК 175036374
Старт: 06.03.2017
Край: 06.05.2018
Инвестиция: 501 200.00 лв.
БФП: 350 840.00 лв
За допълнителна информация ползвайте формата за контакт или посетете страницата на процедурата.

Настоящият документ е създаден в изпълнение на Проект BG16RFOP002-2.002-0172, “Развитие на ИндигоВърдж чрез интелигентно управление, оптимизирани процеси и въвеждане на информационни системи”, с бенефициент ИндигоВърдж ООД, финансиран по ОП Иновации и Конкурентоспособност 2014 – 2020 чрез ЕФРР.

Ultraflex Power Technologies to demonstrate in Las Vegas IioT monitoring tool developed together with IndigoVerge


fabtech-2016-02UltraFlex Power Technologies will be showing innovative IioT solutions for Induction Equipment at FABTECH in Las Vegas, November 16-18 2016, Booth N4106. They will also demonstrate the UPT Monitor.

UPT Monitor is a cloud-based IioT tool for monitoring the industrial heating processes. It allows easier quality control and traceability and reduces the time needed to identify problems on the production line.

UPT Monitor is a product designed and developed by IndigoVerge in close cooperation with Ultraflex Power Technologies. IndigoVerge plans to actively develop the UPT Monitor as an IioT solution and add more and more features in the next 12 months, including alerts and notifications, real-time analytics and advanced reporting capabilities. UPT Monitor is based on Microsoft Azure.

A few snapshots (click to open):

IioT solution developed by IndigoVerge

IioT solution developed by IndigoVerge  IioT solution developed by IndigoVerge

FABTECH provides a convenient ‘one stop shop’ venue where you can meet with world-class suppliers, see the latest industry products and developments, and find the tools to  improve productivity, increase profits and discover new solutions to all of your metal forming, fabricating, welding and finishing needs. The upcoming event is expected to cover more than 550,000 net square feet and anticipates over 28,000 attendees and 1,300 exhibiting companies.

If you are in Las Vegas, stop by Ultraflex booth N4106.

If you need an IioT-based solution for your business, contact us at info [at] .

Want to adopt IoT? Be ready for change management!


You are probably already convinced in the benefits you may reap by integrating an IoT solution for your business. You’ve probably already read and heard enough that IoT is the future – it saves costs, increases the revenue, optimized processes and opens a whole world of new possibilities.

It is now time to realize, however, that IoT does not only mean ‘new technologies’. It is a new way of making business, a new way of thinking.

One of the common problems faced by enthusiastic managers seeking IndigoVerge for IoT consultancy is: How to ‘sell’ that IoT vision to the other C-level managers and how to overcome the resistance to the changes it will bring?

Usually the biggest and most loudly spoken resistance comes from the most profitable departments in a company, those with good financial results. They have really low motivation for change, claiming that “If something is working well, there is no need to change it’’. At the same time, other departments fighting for a portion of the budget are pushing to have their new and better idea implemented.

What should be the management approach in such a situation?

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Highlights from my IoT business session at the recent Sofia IoT Summit


I have recently announced my participation in the first Internet of Things summit in Bulgaria, organized by the Software University and Microsoft Bulgaria. My session on the ‘IoT adoption process from business perspective‘ was part of the IoT business line of sessions (there was a tech line as well).

My session – I am truly happy about that – got a good number of attendees and, judging by the post-session meetings and conversations, sharing my business experience in this domain did provoked a lot of interest.

Since some of my international contacts asked me about the event and were sorry they couldn’t attend, in this post I’ll be sharing some of the key points from my session. Truly hope those would help initiate a conversation on the topic.

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Implementing smart IoT-based street lights – how smart is smart enough?


How smart should a smart IoT-based LED lighting be?
This was the key question we had to answer when we started work on a recent IoT consulting project – an IoT solution responsible for managing the street LED lighting. The result we were looking to achieve was, of course, increased efficiency and reduced energy and maintenance costs, considering the longer life and much reduced energy consumption of LED-based lighting.

During the discussions with our client, we put on the table three possible levels of optimizations. Each of those had to be evaluated based on costs and value added. All three optimizations had to be put into a financial model so we could figure out the financial reasoning behind each stage of the project.
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IndigoVerge will participate in Internet of Things Bulgaria Summit 2016


IndigoVerge will participate in Internet of Things Bulgaria Summit 2016, a one-day event focused entirely on Internet of Things.

Ivan Dragoev, CEO of IndigoVerge has been invited as a speaker and will lead a 45 minute session with topic “Internet of Things adoption process from business perspective”. The event will take place on 29 September, at Software University, Sofia.

The event has two tracks – Tech and Business. Ivan Dragoev’s session is a part of the business track and will begin at 11:45. He will talk about his experience at IndigoVerge helping clients understand, plan and adopt IoT-based solutions. Adoption of a new technology is always risky and building solutions on top of Azure IoT Hub, Azure Stream Analytics, Azure Active Directory and Azure App Service can help to significantly reduce that risk, shorten the development cycle and reduce time and costs. Based on real world scenarios from IndigoVerge IoT consulting and development experience, this session will give managers an idea how to handle the IoT adoption process for their companies.

More information about the event is available here:

Hydrogen Vehicles vs. Electric Vehicles


VideoToday I watched a very interesting video about the efficiency and the environmental impact of both the Hydrogen Fuel-Cell Vehicles (HFCV) and Electric Vehicles (EV). The presenter is Tony Seba – a Lecturer in Entrepreneurship, Disruption and Clean Energy at Stanford University. He managed to outline the main differences between both technologies in a very comprehensive and clear way.

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