Trading systems have historically been the province within large financial institutions that as “master of the universe” controlled trillions of dollars in equity. They did this by essentially locking up access to transaction engines and applications that enable most of the trading that takes place on Wall Street and other exchanges across the globe.
The trouble with the Internet of Things (IoT) is that it is more a concept than an actual platform on which to a developer can build applications. Cisco is looking to change that. Cisco, in partnership with nine other companies, today announced a plan to build Intercloud, a global cloud computing platform that will present developers with a standard set of APIs for building IoT applications.
Nexmo and Three have partnered to make Nexmo's cloud-to-mobile services available across Three's mobile network in the United Kingdom. The deal gives Nexmo access to more devices and lets Three tout compatibility with more mobile apps.