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Oricane

Early Stage Startup





Tagline

Green Big Data Router for Real-Time On-the-Fly Analytics



Elevator Pitch

Analysis of business data has been vital for decades but the volumes of data available today are growing on an unprecedented scale. Turning large and complex sets of data into meaningful information can be time and resource consuming, limiting the possibility to act fast. To meet this challenge, Oricane introduces the BioCAM® Big Data Router, designed to deliver real-time on-the-fly data classification, analysis and reporting of high-velocity Big Data flows.

Primarily targeting retail, financial and gaming markets, BioCAM® is capable of classifying and aggregating huge amounts of any kind of high-volume, high-velocity data from multiple sources. Analysis is performed in real-time and the result is available in a standardized format that can be fed into any reporting system of choice. BioCAM® features ultra low hardware requirements and power consumption at less than 5 mW per transaction per second, which is about 200.000 times less than a Google search, thanks to Oricane’s expertise in high performance and energy efficient solutions for the data communications market.

Product

Traditional Reporting Systems for Retail Market:
Most of the reporting systems currently used in the retail market are designed to analyze historical data stored in data warehouses. Data from cash registers at thousands of retail stores spread across different continents, representing sales of up to millions of different products is typically analyzed weekly, or in the best case on a daily basis. Common analysis tools interfacing directly to the data warehouse are limited by its I/O performance, making real-time analysis nearly impossible. However, the transmission of data to the data warehouse is analogous to internet packets sent through a router or a firewall, an area where Oricane has over 15 years of experience.

The BioCAM® Retail Market Solution:
In the retail deployment scenario, the BioCAM® service works as a router that eavesdrop the sales data directly from the individual cash registers on its way to the data warehouse, classifies the data and produces continuous reporting of what is going on. The value for the customer is to know what is happening, immediately when it happens. Reporting in real-time enables instant reaction to different events such as micro trends, marketing and campaigns in order to immediately adapt production and supply chain after demand.

DEMO:
To showcase the capability and performance of BioCAM® for retail, Oricane has developed a demo providing reports for a simulated retail store called WhateverMart, Inc., – The Multi-Tera-Dollar Retail Corporation. The demo simulates transactions from more than 1,500 stores geographically distributed across the globe with 15,000 unique products in more than 30 product categories. At peak rate, up to 2,300 customers are purchasing 45,000 individual products each second, representing net sales surpassing 500,000 USD per second. The sales record for each individual customer is immediately reported to BioCAM® and there is a dashboard retrieving a number of different business analytics reports every ten seconds.

All of this achieved with only one server!

Try it out for yourself at:
whatever.oricane.com



Why we are ecofriendly

Oricane’s technologies are deterministic, meaning that they are predictable, providing guaranteed fast search performance and guaranteed low memory usage, at the same time. These properties are radically different from other software where performance can be high but non-deterministic, meaning that performance can not be guaranteed, leading to systems that are assigned too much hardware resources, never fully utilized, resulting in more expensive, complex and energy consuming designs. By building a system based on Oricane’s technologies guaranteed performance is achieved combined with economical use of resources in relation to performance. One natural application of these properties is Energy Efficient Software which is the reason why Oricane is marketed as a leading supplier of Green Software.

Latest News

ARTICLE IN FINLANDS BIGGEST NEWSPAPER: The newspaper Helsingin Sanomat in Finland has written an article about Cleantech Invest and why breakthrough of clean technologies is an opportunity for investors. To read the whole article, visit:
www.cleantechinvest.com/new...

CLEANTECH INVEST FORAYS INTO ENERGY EFFICIENT SOFTWARE AND BIG DATA SOLUTIONS: Read the press release about Cleantech Invest joining Oricane at:
www.cleantechinvest.com/new...

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Version History

2014-04-25 12:03:41 - changed productpitch to 'Traditional Reporting Systems for Retail Market: Most of the reporting systems currently used in the retail market...'

2014-04-25 12:02:55 - changed productpitch to 'Traditional Reporting Systems for Retail Market: Most of the reporting systems currently used in the retail market...'

2014-04-25 12:01:20 - changed productpitch to 'Traditional Reporting Systems for Retail Market: Most of the reporting systems currently used in the retail market...'

2014-04-25 11:54:37 - changed pitch to 'Analysis of business data has been vital for decades but the volumes of data available today are growing on an...'

2014-04-25 11:42:13 - changed customers to ''



Website






Employees

12

Investors

Cleantech Invest: www.cleantechinvest.com
The Sixth AP Fund: www.apfond6.se





Awards

Dr. Sundström was awarded Innovator of the year 2009 at Luleå Entrepreneur and Business Gala, he was one of three nominated to the Chester Carlson's prize 2009 and selected as one of the 25 hottest Internet entrepreneur's in Sweden 2008.

Josefine Åhl won the Best Presentation Award during the Tech Media Europe event in Porto, 2nd and 3rd of February 2011. 39 selected companies competed against each other for the prestigious title.

Oricane was awarded Mobile Technology Development of 2008.

Oricane was one of the winners in Orauras Communications Innovation Challenge 2009. The Communications Innovation Challenge was part of Alcatel-Lucent’s privileged partnership programme.

Oricane was one of three finalists in the Nordic Cleantech Open Competition 2011.

Oricane was one of seventeen finalists from 576 competing companies in Europe in the European Venture Capital Contest in Barcelona 2007.


Country of Origin

Sweden

Founded

2006

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Team

Josefine Åhl - COO

Mikael Sundström - CEO
Torbjörn Hahn - VP, Business Development
Lassi Noponen - Cleantech Invest, Chairman
Thomas Axelsson - Member of the Board
Johan Strömberg - Lawyer & Member of the Board
"Next door shore" - Development team of 6

Contact Person

Josefine Åhl - COO

Headquarter

Luleå, Sweden

Tags

Energy efficient software, packet classification, big data