1. Online Computational Exchange & Auctioning Network

2. Key Points OCEAN is OCEAN is –a liquid market for the auction, sale, and exchange of computational resources (processing power, memory, storage, and network bandwidth) Between individual computers and organizations that need a lot of computing power Between individual computers and organizations that need a lot of computing power –a distributed computing network –cost to the buyer is less than purchasing new hardware like supercomputers and –monetary compensation is provided to the seller.

3. What is distributed computing? Distributed computing Distributed computing –a computer system in which several interconnected computers share the computing tasks assigned to the system [IEEE 90]. IEEE 90IEEE 90

4. OCEAN is also peer to peer OCEAN supports direct transfers between users not affiliated with our organization. Like KaZaa and Napster, the resources are transferred directly from one peer to another. OCEAN supports direct transfers between users not affiliated with our organization. Like KaZaa and Napster, the resources are transferred directly from one peer to another. OCEAN is a different type of peer-to-peer system that provides an infrastructure for payment, dynamic resource sharing, and security. OCEAN is a different type of peer-to-peer system that provides an infrastructure for payment, dynamic resource sharing, and security.

5. As simple as supply and demand Supply Sellers have access to excess computing resources Sellers have access to excess computing resources –Individual PC owners –small businesses or even small networks –Benefit by earning monetary compensation for use of their excess computer power, the seller can reduce the capital outlay for their machine. Demand Buyers have high computer resource needs Buyers have high computer resource needs –Research institutions and companies that perform compute-intensive tasks. –Benefit by obtaining additional computer resources at a cost substantially less than purchasing new hardware with comparable computational power, such as a supercomputer, on demand and at any scale

6. Why OCEAN? - Supply Most personal computer activity is low level and uses little of total capacity such as word processing or web browsing Most personal computer activity is low level and uses little of total capacity such as word processing or web browsing –Estimates of average end-user activities range between 1%-2% (Lehman Brothers, 2001) to 1%-2% (Lehman Brothers, 2001) to 10% (Erlanger, 2002) of capacity. 10% (Erlanger, 2002) of capacity. 605.6 million computer with Internet access worldwide! (Nua Internet Surveys as of September 2002) 605.6 million computer with Internet access worldwide! (Nua Internet Surveys as of September 2002) Therefore, a ready supply of computing power, linked by the Internet, is available to be deployed for intensive computing tasks. Therefore, a ready supply of computing power, linked by the Internet, is available to be deployed for intensive computing tasks.

7. Why OCEAN? - Demand IndustryProjected Market Size 2004 Data Source Biosciences IT$11.6 billionIDC Animation$8.0 billionRoncarelli Report (20% of $40B market) Bioinformatics$2.0 billionOscar Gruss and Sons Web testing$450 millionWitSoundview 6/4/01 report Others: cryptology, weather forecasting, seismic data, academic R&D, etc) Unknown

8. OCEAN Action Years 1 and 2 Years 3 and 4 Year 5 and beyond Focus Buyer marketing Buyer marketing Software distribution Software distribution Low OH costs Low OH costs NSF grant NSF grant Large buyer direct sales Large buyer direct sales Hardware expansion Hardware expansion Build staff Build staff Partnerships Partnerships Academic buyers Academic buyers Customer service Customer service Global perspective Global perspective Continuous capacity expansion Continuous capacity expansion Constants Continuous engineering improvement Continuous engineering improvement Security of transactions Security of transactions Easy entrance into market Easy entrance into market

9. Five Year Financial Projection 20042005200620072008 Sales $ 11,908 $ 113,405 $ 1,134,048 $ 11,340,478 $ 113,404,780 COGS 3,464 32,990 329,905 3,299,048 32,990,482 Gross Profit $ 8,444 $ 80,415 $ 804,143 $ 8,041,430 $ 80,414,299 Total Expenses 123,940 132,289 316,265 1,684,428 14,839,268 Net profit/loss $ (115,496) $ (51,874) $ 487,878 $ 6,357,002 $ 65,575,031

10. For more info and tech specs Go to: http://www.cise.ufl.edu/research/ocean/