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This project, TESEUS, is being carried out within the umbrella of the ongoing Urban Node study and focuses on the development of a computational system capable of handling a huge amount of data received from urban nodes in a smart city. There are already existing computer systems with computational power capable of handling the amount of data a smart city requires. Although these computers may provide all the power required to maintain and manage a smart city, they can always be made more efficient. The lack of efficiency comes from the inability to perform in a scalable way. A computer is not always required to work with its full power. The way supercomputers are designed is rather inefficient when managing lesser amounts of data than expected. The Teseus project objective is the possibility of building a low cost, scalable data server with focus on efficiency and the facilities a scalable system offers. In order to create a new computational system, research and possibilities for both hardware and software that offers scalability and its management have been carried out and explored. Given the extent of the development, as well as the complexity of the project that involves combining existing technology hardware with available software solutions, leaves further programming and research for future groups. In addition, this report includes a Business Model Canvas and Eco Design considerations regarding the future plans and environmental aspects for Teseus. The methodology used as a project management tool in order to organize the project and description of the Urban Node projects relation to Teseus, is also included.