Summary
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
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
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/817089 |
| Start date: | 01-06-2018 |
| End date: | 30-11-2018 |
| Total budget - Public funding: | 71 429,00 Euro - 50 000,00 Euro |
Cordis data
Original description
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
Status
CLOSEDCall topic
EIC-SMEInst-2018-2020Update Date
27-10-2022
Geographical location(s)
Structured mapping
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