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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.

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

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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