Objective
Nearly €550 billion is spent globally on enterprise software each year. Few large framework providers (e.g. SAP, Microsoft, IBM) heavily dominate the industry, and yet, their approach to software development is obsolete in the light of modern application development. Hence enterprises looking to implement new software can either buy bulky, unfocused software packages that excel in nothing, or buy focused applications from unknown vendors and risk an integration nightmare.
We are proposing a solution for 600 000+ IT companies in Europe that breaks down the technical and financial barriers for them to enter enterprise software industry.
Our solution is CloudStorm framework: the first open source enterprise software development and integration framework that effectively capitalizes upon synergies between established enterprise IT infrastructures (e.g. SAP) and the best practices from modern web and mobile application development. CloudStorm enables IT companies of all sizes and scopes to build and deploy highly competitive, built-for-purpose enterprise applications at least 2 times quicker and with at least 10 times lower final price compared to the currently leading vendors.
We were recently awarded a Amazon Web Services grant, as they see a game changing potential in our ambition to bring business model innovation to the closed-up enterprise software industry. By combining open source ideology with premium features, we expect to reach €420 million revenue by 2023.
The objective of CLOUDSTORM feasibility study is to prepare for final development and commercial launch of the next generation CloudStorm framework and its complementary premium services. Phase 1 will focus on a detailed business plan creation, IPR study, and technical testing activities. We are planning to define the product roadmap during the feasibility study and continue its implementation in Phase 2 project.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences software software applications system software
- social sciences sociology industrial relations automation
- natural sciences computer and information sciences software software development
- social sciences economics and business business and management business models
- social sciences economics and business economics production economics productivity
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
-
H2020-EU.3.6. - SOCIETAL CHALLENGES - Europe In A Changing World - Inclusive, Innovative And Reflective Societies
MAIN PROGRAMME
See all projects funded under this programme -
H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
See all projects funded under this programme
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
See all projects funded under this funding scheme
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
1051 BUDAPEST
Hungary
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.