1. Overview of the Work Done and the Results
The key action accomplished during this SME Instrument project has been working with a top internal consultancy firm during the six months of the project, although the activity was especially intensive during the first two months to take full advantage of their work and advice.
a) Strategic positioning of Torus with the consultancy
Work done:
• Ten face-to-face 4-hour workshops with consultancy “Principals” for discussing Torus value proposition, strategic position and business plan.
• Offline readings and calls to progress between workshops.
Results:
• The outcome of the strategic positioning of Torus is seen as a pre-market research for the second phase of the SME Instrument since it was found a new product category, BUS/LAN Software Acceleration, which requires further exploration.
• The company should focus on the Cloud market instead of Big Data. Big data market is still not commercially mature; we are in an era where product positioning in this sector is more important than the final sale.
• Focusing in Linux is necessary due to its size in the business world but a product development for Microsoft is required, since it is established as one of the market leaders.
• Continuity in the FinTech market. Torusware has worked for many years to position itself in this sector and it should continue to consolidate the market.
• Torusware positioning must be independent of the infrastructure and the operating system.
• Strategy of focusing on a single product instead of the former 3-product offering.
• The position of Torusware as unique solution in the BUS/LAN optimization space: it solves a problem any medium/large organization is suffering but very few know about it yet, so it is a hidden market to be discovered by a pioneer company such as Torusware. Therefore, the development of business should show that there is another solution in that market.
With the redefinition of the strategic positioning of Torus in mind, several actions, taken from the work package of the project (WP1), have been developed. The work packaged had three main tasks:
TASK 1. Develop commercial partnerships with industry whenever combining products (either hardware or software + TORUS) add value to the clients. Potential partners have been identified (a high-speed network manufacturer, a storage vendor, a cloud provider, some system integrators and several big data companies) and next steps are generating joint reports and gathering market interest in these joint ventures.
TASK 2. Increase commercial activity developing commercial campaigns, mainly in London, but also exploring US market opportunities. Key actions are meeting prospective customers, buying market-research studies and go-to-market services, hiring a business developer, attending conferences, giving talks and organizing workshops and training for attendants from the financial services and big data industries.
TASK 3. Demonstrate the products in production conditions supporting Proof-of-Concept projects at representative prospective customers, and validating our own methodology (trade secret) for detecting communication performance bottlenecks on software architectures.
TASK 1. Develop commercial partnerships with industry
Torus has been developing commercial relationships with reference partners.
Developing these partnerships and potential resellers is key in the exploration of which Go-to-market technology works better for Torusware.
TASK 2. Increase Pre-Commercial Activity
Work done:
• Market characterization. Torusware, as a result of the strategic positioning study, has quantified the current addressable market (1 million unvirtualized Linux servers), the value generated.
• The addressable market could reach 20,4 million servers in 2017, and more than 71 million servers in 2020. There is a multibillion opportunity.
• As Torusware offer is in a new area, BUS/LAN optimization, the commercial activity needs an important component of evangelization on the solution and business development. During 2014 H2 (until December 2014) Torusware has contracted Matrix Solutions Ltd, a consultancy specialized in business development and technology marketing in FinTech in London.
Results:
• The outcome of the commercialization activities previous to the strategic position is that sales argument is not standard and a previous development to generate revenues is necessary.
• It is key to explore and strengthen strategic partnerships with several players in the chain: network, storage and server manufacturers, application and cloud service providers.
TASK 2.1. Participation in Accenture FinTech Innovation Lab London 2015
TASK 2.2. Participation in Innotribe Startup Challenge 2015 in London
TASK 2.3. Business Development in London
TASK 2.4. Initial Steps in Business Development in Silicon Valley (April 2015)
TASK 2.5. Business Development in Telcos through OpenFuture Accelerator
TASK 2.6. Working on the Strategic Positioning of the Brand
TASK 3. Develop Proof-of-Concepts
Work done:
• Creation of a blog (
http://blog.torusware.com/search/label/cloud?view=sidebar(opens in new window)) to publish results of Torusware PoCs.
Results:
• The blog is receiving thousands of visits a month, and it is attracting interest from the potential prospects.
TASK 3.1 Feasibility studies on Big Data technologies
Work done:
Proof of Concept with several Big Data technologies to characterize performance benefits.
Results:
• Hazelcast, 75% performance increase. PoC develop in cooperation with Hazelcast and with some Tier-1 banks in mind:
http://blog.torusware.com/2015/03/extreme-performance-with-hazelcast-on.html?view=sidebar(opens in new window)• Solr and ElasticSearch, 300% performance increase, PoC developed based on the interest of a retail provider:
http://blog.torusware.com/2015/03/accelerating-solr-and-elastichsearch.html?view=sidebar(opens in new window)• MongoDB on Docker on Microsoft Azure cloud, 175% performance increase, PoC developed as part of the diffusion campaign of Torusware on Microsoft Azure, where its product is being launched. Torusware is Premium Partner of Microsoft Azure.
http://blog.torusware.com/2015/05/increasing-performace-of-mongodb-docker.html?view=sidebar(opens in new window) • Redis on Docker 200% acceleration, PoC developed based on the interest of a T prospect:
http://blog.torusware.com/2015/04/optimizing-communications-between.html?view=sidebar(opens in new window)TASK 3.2 Feasibility studies on Cloud technologies
Work done:
Proof of Concept with several Cloud technologies to characterize performance benefits.
Results:
• Docker 200% acceleration running Redis, PoC developed based on the interest of a Tier-1 bank:
http://blog.torusware.com/2015/04/optimizing-communications-between.html?view=sidebar(opens in new window)• MongoDB on Docker on Microsoft Azure cloud, 175% performance increase, PoC developed as part of the diffusion campaign of Torusware on Microsoft Azure, where its product is being launched. Torusware is Premium Partner of Microsoft Azure.
http://blog.torusware.com/2015/05/increasing-performace-of-mongodb-docker.html?view=sidebar(opens in new window) • Torusware Speedus is available in Amazon Cloud (AWS) MarketPlace and Azure Cloud. In both cases several PoCs have been run, and will be publicly disclosed during the launching campaign. An agreement has been signed with Microsoft for working on the diffusion of the joint solution Torusware+Microsoft.
