Over the past few months at PW we've noticed steady increase in the number of mentions of Data as a Service (DaaS) and this trend looks to continue. Our first post on the subject was by a guest author Pete Soderling who introduced us to the concept and discussed pricing models. Then we continued the theme by posting about a partnership between a stock data site and an open data platform, working together to deliver a stock historical data API. The latest big move in this area sees NASDAQ creating a Data-On-Demand service accessible through a Web API.
One day, you might be doing your holiday shopping from your car. Elastic Path believes the future of digital commerce will follow the shopping experience, going beyond websites to a new era of smart devices, even ones inside your car. The Vancouver-based ecommerce company just received $8 million in financing, which will go toward supporting the company's Cortex API, a hypermedia platform that extends the shopping experience to multiple devices. Toronto’s Wellington Financial provided the financing.