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Cubbit. The first distributed data-center.

Project description

A new take on centralised web farms

Competitive prices and high data security are the two main criteria that companies look for when selecting their cloud service provider. However, it’s not easy to find both. Currently, the centralised cloud comes with huge operating costs and data security failures. The EU-funded Community Cloud project will bring to market a solution: centralised web farms to replace the distributed data centre. It is also environmentally sustainable as it uses around 10 times less energy than a centralised cloud does. By recycling users’ internet resources that are currently unexploited, it re-sells them to business customers (SMEs) in the form of cloud services that are at the same time secure, efficient and inexpensive.

Objective

Cubbit srls is a high-tech startup developing new technologies for cloud services industry. Founded in July 2016, the company is based in Bologna (Italy) and backed by VC fund Barcamper Ventures.
Companies that use cloud services look for excellent performances, competitive prices and the highest data security. They are now forced to choose between effectiveness and affordability. This problem arises because the current standard of centralised cloud (i.e. one web farm serving millions of users) has huge operating costs and recurring failure points concerning data security.
Cubbit srls has invested €151k to develop a technology able to disrupt the global cloud industry by eliminating the root cause of its problems: centralised web farms. Cubbit replaces them with a distributed data-center based on a p2p network made of domestic servers that is cost-saving, scalable and secure by design.
It is also environmentally sustainable: Cubbit uses around 10 times less energy than centralised cloud does. This is why Cubbit srls was selected by EIT Climate KIC in 2017.
Via a simple and cheap domestic server, Cubbit’s software recycles users’ internet resources that are currently unexploited. It re-sells them to business customers (SMEs) in the form of cloud services that are at the same time secure, efficient and inexpensive.
The generated value is shared back with the users though the Open Revenue Program. Cubbit leverages the power of crowd-sourcing in opposition to the current ownership-based cloud to create a Community Cloud. As in a mutual company, the users that join Cubbit both contribute to and benefit from our co-op network.
The first cloud service provided by our distributed data-center is Cubbit for Individuals, currently at TRL6.
We are applying to conduct the Feasibility Study on two main long-term objectives:
1| delivering over time the main web services that are now prerogative of centralised data-centers;
2| expanding from Europe to the global market

Call for proposal

H2020-EIC-SMEInst-2018-2020

See other projects for this call

Sub call

H2020-SMEInst-2018-2020-1

Coordinator

CUBBIT SRL
Net EU contribution
€ 50 000,00
Address
VIA DELLA ZECCA 1
40121 Bologna
Italy

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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
Nord-Est Emilia-Romagna Bologna
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost
€ 71 429,00