In opening its latest Bluemix Garage in New York City, IBM continues to put money where developers, software designers and others are. The New York City location will be IBM’s sixth, with garages currently in operation in San Francisco, Toronto, London, Nice, and Tokyo. IBM is partnering with Galvanize, who will host the New York garage on its new New York campus. Other locations are said to be in the works for the second half of 2016.
Galvanize co-founder and CEO Jim Deters said that locating the Bluemix Garage in New York City, within the Galvanize community, “allows our strong network of developers and startups to leverage the power of the cloud and the expertise of IBM to competitively innovate products and apps in the growing fintech and blockchain spaces.” Galvanize runs a network for developers, coders, and technology entrepreneurs, and has more than 1,800 members across seven campuses.
Pictured (left to right): IBM’s Alex Baghdjian, senior offering associate, financial markets & wealth management, and Rob Stanich, global wealth management offering manager, demonstrated Client Insight for Wealth Management.
IBM’s cloud-development platform, Bluemix, has more than 140 tools and technologies for developing solutions leveraging big data, mobile, analytics, Watson, IoT, and more. With more than 120,000 applications launched from the platform every month, the open standards-based platform is one of largest public cloud deployments in the world. Within its Bluemix Garages, IBM is especially interested in blockchain-related projects such as those pursued by the Mizuho Financial Group, which is working with the IBM Bluemix Garage in Tokyo to develop settlement technology using the blockchain. Prashant Bhuyan, CEO of Alpha Modus, an investment technology firm, credited Bluemix for helping his company launch “transformational apps that leverage cognitive analytics with unbelievable time and efficiency.”
Founded in 1911, IBM made its Finovate debut at FinovateSpring 2016, demonstrating its Client Insight for Wealth Management technology. IBM’s cloud technologies have been in New York since 2014, when IBM Cloud was deployed to power Digital.NYC—an online hub that connects more than 8,000 startups within New York City’s startup and technology community.
If you’re into fintech development, then be sure to put our upcoming developer’s conference, FinDEVr 2016 Silicon Valley, on your calendar. Join us October 18 and 19 for two days of the latest in fintech APIs, case studies, integrations, and more.