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SKYTUNEUP: THE ULTIMATE PLATFORM TO OPTIMIZE AND SECURE THE USE OF PUBLIC CLOUD TO ORGANIZATIONS

Objective

Skytuneup is the first solution for smart management of cloud resources that has been proven to guarantee:
- Up to 90% cost reduction, by managing the dynamic pricing of Spot instances (the most beneficial -but still underexploited- purchasing business model in cloud computing, which base costs on the demand), predicting future prices and selecting the most adequate at any given moment and also automating cloud operations, further reducing costs with the optimal scheduler and lowering the manual effort in cloud management task by starting, stopping and resizing the clients’ instances automatically when they are needed.
- 100% system availability and minimum complexity: it deploys client’s cloud instances between multiple availability zones and distributes capacity between multiple instances types, so jobs won’t be interrupted.
- +100% security increase, via dedicated algorithms to control protection levels and cloud resources, scheduled backups and snapshots of cloud services to define retention plans for automatic deletion of expired backups.

Skytuneup manages and optimizes multi-cloud deployments, enabling enterprises to fully realize their cloud potential. Its uniqueness is based on a radically new approach relying on two main elements: novel intelligent algorithm engines capable to manage the dynamic pricing of Spot instances (at the moment only one company in Israel is exploiting such instances for their business) and a new business strategy: opposite to competitors, Skytuneup aims to obtain benefits from the savings of their customers, thus aligning with their business strategy. Enimbos expects that Syktuneup’s total revenue will reach over 55M€ and 500 employees by 2023. Enimbos will address a 3-stage internationalization strategy targeting the UK, Northern Europe and the US, which will position the company as an international reference in cloud optimization and will contribute towards the company’s growth.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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.

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.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2016-2017

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Coordinator

ENIMBOS GLOBAL SERVICES SL
Net EU contribution

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.

€ 50 000,00
Address
C/ FARADAY 7 PARQUE CIENTIFICO DE MADRID
28049 MADRID
Spain

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Comunidad de Madrid Comunidad de Madrid Madrid
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 71 429,00
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