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Dimitris Tsigos

Founder & CEOVirtual Trip Group

Virtual Trip in CHOReOS

VT_CHOReOS_KO.ppt

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Summary

• Virtual Trip is an EU-based Entrepreneurial Ecosystem currently consisting of 13 companies which publish cutting-edge technology software platforms and provide specialized consulting and integration services in demanding ICT projects 1 Consulting, development & integration services in Greece 9 start-ups in Greece 1 International “Antenna Office” in Spain 1 s/w distributor in Akron, Ohio, US and 1 in Greece

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Background

• Virtual Trip Ltd founded in September 2000 at the Science & Technology Park of Crete

• Initially focused to consulting, development & integration projects

• Started a s/w vendor activity in 2003 and spawn products out as subsidiary companies

• Created a central business unit for common strategy, business development and administrative tasks

• Virtual Trip Holdings SA became a gold member of EBAN in 2009 as an “early stage investor”

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The Entrepreneurial Ecosystem

http://en.wikipedia.org/wiki/Entrepreneurial_ecosystem

“An entrepreneurial ecosystem is a group of non-competing companies, including start-ups, established companies and

one or more coordination entities, which share the same vision, values, culture, strategy and business processes and decide to form an organization in order to explore

economies of scale in business functions such as business development, financing, market analysis, marketing

communications, IT / MIS infrastructure, human capital management, legal support, financial & accounting

management”

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Our Vision

“The Virtual Trip Entrepreneurial Ecosystems aims to be recognized as a leading international start-

ups incubator in the ICT sector.”

Materializing Innovation

“Our start-ups create value through high technology for their Customers and their socioeconomic

environment”

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Our Values

The key values of our people are: Entrepreneurship

We love setting targets and achieving them! Usefulness

The results of our work address real problems & needs of our Customers and their socioeconomic environment!

Innovation We are constantly looking for new ways to address our Customers needs

Quality We may negotiate everything but quality!

Commitment Things may be proven more difficult than expected. We shall work

harder than planned!

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Ecosystem Figures

Financial growth Revenue | 2001: €100Κ – 2010: €8M Profits | 2001: €12Κ – 2010: €700ΚPersonnel: 5 → 45International presence Antenna office in Madrid, Spain since November 2008 Subsidiary in Ohio, US since September 2009Broad spectrum of markets, products & services Products: SOLO Gateway, eFront e-Learning, mVision, Insurance

Manager, Diagramma, OpenVote, S4Trips, Verita Services: S/W Engineering, Systems Consulting, GIS, e-Learning,

Mobile applicationsMarkets: Mobile and Fixed-line Operators , Small & medium

businesses, Infotainment, Advertising, Education & Training, e-Government

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International Presence

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Virtual Trip Group Members

• Virtual Trip Holding SA, www.vtrigroup.com• Virtual Trip Ltd, www.vtrip.net• Epignosis Ltd, www.efrontlearning.net• MVNS SA, www.mvns.mobi• SOLO Gateway SA, www.sologateway.com• Insurance Manager SA, www.insurancemanager.net• Diagramma Ltd, www.diagramma.in• S4Trips Ltd, www.s4trips.com• Actech LLC, www.actechco.com• Virtual Trip Spain SA, www.vtrip.es• Verita Ltd, www.veritadv.com• StudyBox SA, www.studybox.gr• Syndesis Ltd, www.syndesis.in

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Management Team

Non Executive Prof. Christos N. Nikolaou, Non-Executive PresidentVangelis Zeginoglou, Non-Executive Director

ExecutiveDimitris Tsigos, Group CEO,Dr. Evangelos Kotsovinos, Group CSO

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Strategy

• 2000 – 2010

Internet Technologies• 2010 – 2020

Cloud computing / Software-as-a-Service

CHOReOS perfectly fits our strategy

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Human Resources

The Virtual Trip start-ups currently employee 45 personsAll of them with university degrees, most with postgraduate studiesMost the IT technical team members hold postgraduate degree in

computer science / engineering with research experience in major Greek or European institutions

Java is the core development technologyMost of our technical personnel is certified by SUN Microsystems

Cooperation with a large network of specialized freelance IT Consultants

Our HR strategy focuses to inspiring creativity values and entrepreneurial cultureWe count on the commitment of the teamWe apply personnel selection, training and evaluation procedures

Extensive usage of HRMS and e-LearningCreation of a “personal vision” for each of our personnel compliant with

our ecosystem vision is a key-objective for our HR policy

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Research GrantsVirtual Trip Group companies have participated / participate to 30++

industrial research projects funded by EU- and National programs26 of these projects have been implemented by the R&D Division of

Virtual Trip LtdThe Group strategy is to commercially exploit research projects

Explicitly, through direct product development as project deliverableImplicitly, through know-how transfer to commercial products

We actively explore opportunities for new grants7th EU Framework Program

Already two FP7 projects CS-ORION CHOReOS

4th Hellenic Framework Program – “ESPA”S-PORTSPHINX

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26 EU and national R&TD projects PLASTIC, implementing security middleware libraries and services,

demo applications

NoAH, honeypot-based intrusion detection and prevention systems

METATRO, a fleet-management and cargo-monitoring information system, utilizing RFID technology, sensors and mobile networks

SecSPeer, designing secure and scalable peer-to-peer computing and communication systems

mVISION , video streaming and surveillance services

9 high tech start-ups …and many more in the pipeline, both spin-outs and “external” start-

ups

We have a very good record of commercially exploiting cutting-edge technologies

We’ll try to do the same for choreographies

Expertise brought to CHOReOS

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In WP1 focusing on the requirements and architectural style for services and choreographies in MANETs and VANETs (3 pm)

In WP3 contributing in the development of security middleware with emphasis on scalability and performance (26 pm)

In WP5 contributing in the integration and assessment of the middleware within the CHOReOS IDRE (13 pm)

In WP9 contributing to the development of the courseware and to a variety of dissemination actions and open-source community activities (4 pm)

In WP10 participating on the technical assessment of CHOReOS results and leading the development of an exploitation plan and a related business plan for the project's exploitable results (7 pm)

Contribution in CHOReOS

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In WP8 leading the WP tasks (28 pm)Elaborating on use case scenario and requirements

analysis (T 8.1) [lead by MLS Multimedia]

Architectural design and implementation of all services and related choreographies (T 8.2)

Testing, Verification & Validation of implemented services and choreographies (T 8.3)

Pilot Demonstration and Assessment (T 8.4)

Contribution in CHOReOS (cont.)

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Initialitinerary

Delayeddeparturefrom hotel

Modifieditinerary

Wait fora taxi

Set Routeto Airport

Modifieditinerary

3G

SALES

70%OFF

Set Routeto Café

Set Route toSite-Seeing

Check-In

Set Routeto Airport

Traffic-Jamen route

Resumeitinerary

Flightdelayed

Boss nearby callsfor coffee-meeting

provide route to navigator

provide route to navigator

ad hoc MSN Traffic Monitoring

provide newdestinationto navigator

Pick up more luggage

MICE-to-MICE comm.

Tourist density threshold reached

taxi-customer is notified

set MICE beacon ON

set MICE beacon ON

set MICE beacon ON

A CHOReOS use-case about the FUTURE INTERNET of …

Selectbrief info

version

tourist receives info

DynaRoute

Trigger, initiating a distributed choreography action

Short/mid-range, local, bi-directional communication

SALES

70%OFF

… PEOPLE … … THINGS … … & SERVICES

MICE navigator tour-info

Check-in for a flightis called for

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Virtual Trip leads the following Deliverables

D.8.2 “DynaRoute” architectural design, M18

D.8.3 “DynaRoute” implementation, testing, V&V, M30

D.8.4 Assessment of the “DynaRoute” pilot deployment and demonstration, M36

D.8.5 The “DynaRoute” pilot implementation, M36

D.10.1 Exploitation Plan, Preliminary version, M6

D.10.2 Exploitation Plan – Year 1, M12

D.10.3 Exploitation Plan – Year 2, M24

Deliverables

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Awaited Outcome

What can Choreographies offer for a start-up entrepreneur?

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Awaited Outcome

Exciting possibilities…

Materializing the dreams of business consultants…and the nightmares of “bits-n-bytes” programmers

A universally accepted method for describing and discovering web servicesEase of composing new services

Next generation social networking Meaningful (businesswise) interconnection of services

and things Not only persons

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Awaited Outcome

Barriers to overcome

Need for standardizationOfficial Vs de facto / industry

Need for efficiencyBoth in business and technical level

Need for a new cultureTrust management

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Our main goalsIn our cloud-enabled applications

Via developing know-how on choreographies we shall design our next-generation applications

In our Security – oriented development we will strengthen two of our strategic directions

specializing in Security and Secure Services Developing specialized secure and scalable mobile applications /

services

In our VANets – related applications/services We will develop based on “Future Internet” principles

by providing improved mobile performance and service scalability to our VANets applications

by improving the security and SOA of our targeted services by differentiating from other (competitive) solutions

Exploiting results

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Choreographies in business

• S4Trips

Integrated & personalized travel services• StudyBox

Personalized e-learning services• Syndesis

Homecare for chronic illnesses• SOLO Gateway

Cloud-based unified ICT infrastructure

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Software products & choreographies

“Does the notion of a s/w product change in a choreographies environment?”

“Are these changes different than those imposed by the SaaS model? By the web service orchestrator model?”

“Who is going to make money out of choreographies?”( thinking of them as distributed web services orchestrations)

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Thank you!

W: www.vtripgroup.com | http://blog.vtripgroup.com E: info@vtripgroup.com LI: www.linkedin.com/companies/virtual-trip-group Tw: http://twitter.com/vtrip Postal address

Heraklion, Greece10, 1770 Str, Gr – 711 10

Athens, Greece40A Katehaki Ave. GR – 115 25