CCTA18: ImpactAim Accelerator Participant
The solution the venture provides to the problem
Secos makes a contribution by making simple bins smarter with this device. Secos counts the fill level of bins and sends them to Cloud service. Collected data is then shown on the map for garbage trucks. We set sensors and communication devices on bins and get the needed data. The solution is unique and the first one in the region.
The business value created through the venture
According to Secos's research, almost 1000 tons of garbage are being daily collected in the city with 1 million population. To collect this garbage 700 truck journeys are being done. They are spending about $25 for every journey’s resources. And as stated above we help them to save up to 40% of that money. As a result, they will be able to save more than $150.000 per month with Secos.
The social value generated through the venture
Thanks to the solution, the problem of garbage managing will be solved. People will not see overloaded garbage bins in the city. The external view of the cities will be recovered. In conclusion, cities will look much more beautiful and hospitable for tourists.
Year founded: 2018
Countries: Yerevan Armenia
Sector: Urban agriculture
Tigran Balyan, CO-Founder
Gevorg Margaryan, CTO
Edgar Hayrapetyan, SMM
No of employees: 5