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TORUS PROJECT

HIGH PERFORMANCE COMMUNICATIONS FOR FINANCIAL SERVICES AND BIG DATA

Total Cost €

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EC-Contrib. €

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Partnership

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 Outcomes and results

 TORUS PROJECT project word cloud

Explore the words cloud of the TORUS PROJECT project. It provides you a very rough idea of what is the project "TORUS PROJECT" about.

analytics    market    gaia    internet    computers    fewer    interconnected    sme    competitive    companies    tech    players    definitively    advertising    strategy    protected    commercialization    talks    instead    instrument    ago    time    fuel    universal    fast    big    ip    sectors    esa    waiting    fundacion    university    patent    financial    multiple    designed    secret    outperform    legacy    trade    2015    biotech    hours    enter    1m    significantly    data    faster    critical    weeks    times    advantages    proof    sockets    torus    thought    licensing    april    outcome    communication    nasdaq    satellite    investment    94    commercializing    feasibility    round    fastmpj    2011    2013    speed    java    additionally    servers    led    multibillion    reduces    acquire    incorporate    services    months    perceive    listed    protocol    supporting    distribute    online    industry    space    4m    defense    dna    2014    software    bypass    corunna    mission    barrie    reduce    power    tcp    disruptive    receive    clients    ipr    images    stage    commercialize    24    protocols    inefficient    18    successful   

Project "TORUS PROJECT" data sheet

The following table provides information about the project.

Coordinator		 TORUS SOFTWARE SOLUTIONS S.L. 

Organization address
address: CANTON GRANDE 9
city: A CORUNA
postcode: 15003
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.
 Coordinator Country Spain [ES]
 Project website http://www.torusware.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2014
 Funding Scheme SME-1
 Starting year 2014
 Duration (year-month-day) from 2014-11-01   to  2015-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    TORUS SOFTWARE SOLUTIONS S.L. ES (A CORUNA) coordinator 50˙000.00

Map

 Project objective

The objective of this proposal is to receive funding and support for commercializing a set of disruptive high-speed communication protocols (IPR protected by patent and trade secret) which bypass the legacy and inefficient TCP/IP, the Internet protocol, designed 40 years ago. The technology is the result of 10 year R&D at University of A Corunna and the successful outcome of a Proof-of-Concept project (2011-2014) funded by Fundacion Barrie (0.5 M€ investment), which led to incorporate TORUS in April 2013 to further develop, commercialize and support the technology. TORUS has 3 products in the market (Java Fast Sockets, Universal Fast Sockets and FastMPJ) which are up to 40 times faster than TCP/IP. These products reduce significantly the time-to-results of critical software, providing significant competitive advantages in multiple sectors, particularly for financial services, real time Big Data analytics (with multiple applications, such as real time online advertising), biotech (supporting DNA processing in hours, instead of weeks), and defense/space (FastMPJ has reduced up to 94% the time to distribute satellite images of ESA’s Gaia Mission). Additionally, the technology reduces costs (power and software licensing) significantly, as fewer servers with TORUS outperform a higher number of servers interconnected via TCP/IP. The specific objectives of the feasibility study are: (1) acquire knowledge on how clients perceive TORUS value; (2) develop an effective go-to-market strategy; and (3) partner with key industry players (TORUS is in talks with two multibillion companies listed in NASDAQ). TORUS is about to rise 1M € for funding next commercialization steps during 2014-2015. A new round of 4M € is expected in 18-24 months, to definitively enter in the growth stage. SME Instrument would definitively fuel this high-tech disruptive European project. Our mission is to make servers respond faster than the speed of thought, no more waiting for computers!

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The information about "TORUS PROJECT" are provided by the European Opendata Portal: CORDIS opendata.

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