Recently we wrote about the wonders of PubSubHubBub and what was possible when services push data, in real time, to external web apps. Twitter's Stream API makes it clear that we're headed towards an exciting and very real-time web. Now YouTube is along for the ride.
Transloadit offers media upload, modification, and storage as a service for developers who need that functionality (or, as Transloadit's homepage puts it, "geeks who run web or mobile applications") but don't want to worry about it themselves. There aren't too many moving parts to it, but they're ones a lot of applications make use of. The Transloadit API's main functions include: file upload, image resizing, video file encoding, image thumbnail creations, and file storage on Amazon S3.