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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.

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

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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