Cubbit. The first distributed data-center.

Projektinformationen

Community Cloud

ID Finanzhilfevereinbarung: 817089

DOI

10.3030/817089

Projekt abgeschlossen

EK-Unterschriftsdatum 9 Mai 2018

Startdatum 1 Juni 2018

Enddatum 30 November 2018

Finanziert unter

• INDUSTRIAL LEADERSHIP - Innovation In SMEs

Gesamtkosten

€ 71 429,00

EU-Beitrag

€ 50 000,00

Koordiniert durch

CUBBIT SRL
Italy

Periodic Reporting for period 1 - Community Cloud (Cubbit. The first distributed data-center.)

Berichtszeitraum: 2018-06-01 bis 2018-11-30

Zusammenfassung vom Kontext und den Gesamtzielen des Projekts

Cubbit develops a technology that disrupts 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 peer-to-peer network that by design is free from infrastructure costs, scalable and safe. It is also environmentally sustainable: Cubbit uses 10 times less energy than centralised cloud.
Cubbit offers the first forever free and end-to-end encrypted cloud storage to users. Our software pools together their unused bandwidth, CPU and storage that transforms into a wide range of web services with top quality and security, to be sold to SMEs for half the market price.
Cubbit project sets 2 overall 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.

Arbeit, die ab Beginn des Projekts bis zum Ende des durch den Bericht erfassten Berichtszeitraums geleistet wurde, und die wichtigsten bis dahin erzielten Ergebnisse

"The feasibility study of Cubbit: Community Cloud has been successful in collecting market information needed for each of the 6 research areas:
#1 Technology | Cubbit for Individuals reached TRL7, Cubbit for Business TRL6.
#2 Crowdfunding | a campaign was prepared to be launched internationally in Feb’19.
#3 SMEs | Focus groups, surveys and direct interaction at international fairs were performed to validate the UVP; Customer acquisition costs tested to be around 290€, compared to an expected Customer Lifetime Value of approx. €2,250.
#4 Fundraising | Cubbit was the first Italian startup ever chosen by Techstars & Barclays’ accelerator in Tel Aviv, Israel, a top-notch program focused on cybersecurity. The company is now backed by 3 VC funds and 2 private investors.
#5 Mass Users | the Swarm Race, Cubbit’s official pre-crowdfunding campaign, was launched in Nov’18. Pre-orders from more than 20+ countries have already been registered.
#6 B2B2C Partnerships | Cubbit is discussing business opportunities with its shareholder Barclays and other international organizations in the Telco industry.
"

Fortschritte, die über den aktuellen Stand der Technik hinausgehen und voraussichtliche potenzielle Auswirkungen (einschließlich der bis dato erzielten sozioökonomischen Auswirkungen und weiter gefassten gesellschaftlichen Auswirkungen des Projekts)

"The outcomes confirm that the project shall continue according to the new strategic Business Plan prepared during the feasibility study. As an expected result, the first distributed data-center based on cooperative crowdsourcing will be up and running on the market after a 15-month period, disrupting the Cloud providers’ cost structure. The impact generated regards goal#13 (Climate action), goal#12 (Responsible consumption and production) and goal#9 (Innovation in infrastructure) of the sustainable development goals set by UN for 2030."

Cubbit is the first distributed data-center