Cubbit
Problem
The Cloud is built over an inefficient centralized architecture. A paradigm where one data-center serves millions of users does not exploit inter-connectivity of nodes, and is therefore expensive, both for the wallet and for the environment. Web farms around the world consume about as much as Brazil, and these costs are transferred both to Users (~100$/Year/TB for cloud storage) and Companies (web services are expensive, ex. CDN ~6 $c/ stream GB).
Solution
Uniqueness, Technology overview, barriers to competition
1 We offer forever-free Cloud Storage to acquire new Users (people and SMEs); 2 Each user grows our distributed data-center with bandwidth, storage and CPU; 3 Then we monetize - by selling web services enabled by our crowd-sourced data-center.
Market size and analysis
Cloud Storage, introduced in 2007, is in its growth phase. In 2016 it was worth $23,7B, and CAGR to 2020 is expected at 28,20%. Though, the freemium conversion rate is stuck at 4%.
With our Free Cloud model, we want to have on the industry the same impact that Hotmail had
twenty years ago as the first e-mail service with no fees for the final users.
Among the market of Web Services, Content Delivery Network (CDN) services were sold for $6.05B in 2016 and are expected to grow to 2021 at 30.9%CAGR.
Netflix, the king of streaming, is estimated to spend ~70% of its revenues in CDN. They are now building their own edge infrastructure. We are creating, for free, a more permeated network that is rentable by all other players in the industry.
Traction
Core Team
First Name | Last Name | Job Title | Impressive Facts |
---|---|---|---|
Marco | Moschettini | Co-Founder | full stack developer coding innovative software for 10+ years |
Lorenzo | Posani | Co-Founder | data scientist and theoretical physicists at École Normale Supérieure Paris |
Alessio | Paccoia | and software engineer |
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