UCX Selected by AlwaysOn as one of the AlwaysOn Global 100 Companies to Watch
Recognized for creating financial innovations
Chicago, IL, July 10, 2015 – UCX, the Universal Compute Xchange, today announced that it has been chosen by AlwaysOn as one of the AlwaysOn Global 100 “Companies to Watch” winners. Inclusion in the AlwaysOn Global 100 “Companies to Watch” signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players in the Global Silicon Valley. UCX was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
“The AlwaysOn Global 100 Companies to Watch are the best-of-breed private companies in consumer and business-to-business applications, and cloud and mobile infrastructure sectors—representing the fastest growing and most highly valued new companies on the planet.” explained AlwaysOn founder and editor, Tony Perkins. “The consumer companies continue to explode, along with the mobile boom and the proliferation of billions of other connected devices that make of the long heralded as ‘Internet of Things.’ The business market continues to be reinvented by a new generation of big data and analytics companies and new efficiencies in cloud technology and services.”
“UCX continues its progression in the development of new tradable asset classes for IT infrastructure. Our ultimate goal is to provide a centralized, transparent exchange for the digital age. The construction of new financial products for the next generation, along with the ancillary effect of capital efficiencies that are inherent in their creation, is very exciting. ” said Adam Zeck, UCX Founder. “We are flattered to be recognized by AlwaysOn as a top 100 company to watch.”
A full list of all the AlwaysOn Global 100 winners can be found on the AlwaysOn website at www.aonetwork.com.
UCX has created an electronic spot exchange to help Enterprise Organizations and Cloud Service providers manage their financial IT Infrastructure risk exposure by trading the cloud as a commodity. UCX has created the first centralized, transparent exchange that brings both enterprise organizations and cloud service providers together to engage in price discovery, trade execution and the physical delivery of compute resources using one standard unit of measure, providing apples to apple comparisons, operational agility, market and capital efficiencies. UCX was recently named as an AlwaysOn Top 50 Emerging Company for Financial Technology. To learn more about UCX and the executive team visit http://ucxchange.com/aboutus/.
AlwaysOn is the leading business media brand connecting and informing the entrepreneurial community in the Global Silicon Valley. Founded by Red Herring founding editor, Tony Perkins in 2003, AlwaysOn’s mission is to continue to lead the industry by empowering its readers, event participants, sponsors, bloggers, and advertisers like no other media brand.