mit enterprise forum start-up presentation: nimbix

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Idea to Entrepreneurship March 10, 2012

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Page 1: MIT Enterprise Forum Start-up Presentation: Nimbix

Idea to Entrepreneurship

March 10, 2012

Page 2: MIT Enterprise Forum Start-up Presentation: Nimbix

MIT Enterprise Forum, March 10, 2012

• Startup High Performance Computing Infrastructure Company

• HPC Datacenter in downtown Dallas

• Hardware-accelerated servers with FPGA and GPU technology

• Founding team with background in computing and datacenter operations

About Nimbix

Page 3: MIT Enterprise Forum Start-up Presentation: Nimbix

MIT Enterprise Forum, March 10, 2012

Steve Hebert: Technical Sales & Marketing• Built and developed teams in technology industry over 18 years• Strong track record of sales growth both startup and large

companies: Texas Instruments; Altera Corporation; CEO, Industryview.com

Rob Sherrard: Service Delivery• More than 13 years designing, building and scaling massive

datacenters• Led several startup builds through hyper-growth while

maintaining service delivery

Founders

Page 4: MIT Enterprise Forum Start-up Presentation: Nimbix

MIT Enterprise Forum, March 10, 2012

Geophysicists could image and characterize deep wells over a weekend

Biologists at MD Anderson could assemble genome data in one day versus five

Radiologists could process images in minutes versus hours

Imagine if . . .

Page 5: MIT Enterprise Forum Start-up Presentation: Nimbix

MIT Enterprise Forum, March 10, 2012

• Nimbix Accelerated Compute Cloud– “Low-click, Pay-per-use”

Supercomputing– Uses hardware accelerator technology:

GPU, FPGA– Accelerated Applications – Automated,

Optimized

• How does Nimbix solve the problem?– Reduces processing time – shortens

“Time-to-Results”– Eliminates infrastructure costs– Increase the rate of discovery

The Nimbix Solution

Page 6: MIT Enterprise Forum Start-up Presentation: Nimbix

Cloud Processing Workflows

• Cloud resources to serve applications in bioinformatics, energy, graphics, rendering, computational science

• Hardware accelerated platforms

• Web-based workflows, work-load management, multi-tenant, or dedicated machines

Nimbix Accelerated Compute Cloud

User submits job via web application:

Compute NodesGraphics

Processors

Compute Nodes Reconfigurable

Accelerators

Route jobs, configure resources

Page 7: MIT Enterprise Forum Start-up Presentation: Nimbix

MIT Enterprise Forum, March 10, 2012

Launching Apps with Nimbix

User selects desired application from

cloud portal

Advanced options for the application are

selected

For multi-step apps, workflow options are

selected

Input files automatically uploaded from remote

end

Page 8: MIT Enterprise Forum Start-up Presentation: Nimbix

MIT Enterprise Forum, March 10, 2012

• Faster data processing = shorter time to results

• Increased processing volume and capacity

• Improved workflow

• Reduced operating costs

• No upfront equipment investment

Value of a Nimbix cloud service

Page 9: MIT Enterprise Forum Start-up Presentation: Nimbix

Idea to Entrepreneurship

Page 10: MIT Enterprise Forum Start-up Presentation: Nimbix

MIT Enterprise Forum, March 10, 2012

Idea

i de a∙ ∙

Noun: 1. A thought or suggestion as to a possible course of action

2. A concept or mental impression.

Page 11: MIT Enterprise Forum Start-up Presentation: Nimbix

MIT Enterprise Forum, March 10, 2012

Entrepreneurship

en tre pre neur∙ ∙ ∙

Noun: 1. A person who organizes and operates a business or businesses, taking on financial risk to do so

Page 12: MIT Enterprise Forum Start-up Presentation: Nimbix

MIT Enterprise Forum, March 10, 2012

• We evaluate ideas often and rapidly

• Can “what is possible” exist in a business model capable of generating profits?

• Up to entrepreneur to test the hypothesis

Possibilities and Risk

Page 13: MIT Enterprise Forum Start-up Presentation: Nimbix

• Deploying FPGA equipped machines to process data faster

• Build a datacenter full of these reconfigurable machines

• Roll it out as a “cloud” offering

Nimbix Idea

Page 14: MIT Enterprise Forum Start-up Presentation: Nimbix

MIT Enterprise Forum, March 10, 2012

• A structure for turning ideas into businesses

• It’s 101, but this was one of our first steps

• Creates a foundation for Entrepreneurship

Business Plan

Page 15: MIT Enterprise Forum Start-up Presentation: Nimbix

MIT Enterprise Forum, March 10, 2012

Investment and Action

• Leave a steady paycheck, gamble savings, retirement

• Defy gravity - Tenacity and will

• Execute