Smartphones will continue to play a bigger role in our lives. The results of a recent study by research firm Mind Commerce confirms this. According to the report, the telecom networks API industry will grow 38% and account for $157 billion in global revenue by 2018.
A new hackathon competition with major money prizes totaling $40,000 and the chance to play with some cool new health devices is being held in San Francisco this weekend. ProgrammableWeb readers and local developers with an interest in health data are encouraged to participate in the Novartis Mobile Health Challenge, being held in the SPUR Building, 654 Mission Street, San Francisco from Friday, 25 October to Sunday, 27 October.
The growth of APIs owes a lot of thanks to mobile. The reverse is also true, as APIs make possible much of what happens on mobile devices. Along the way, popular API segments have grown with mobile-specific offerings. Perhaps predictably, mobile payments is one of those areas of hyper growth. The most recent crop of mobile payment APIs focuses on specific platforms much of the time, either in addition to or instead of a more universal RESTful API.