IBM (NYSE: IBM) has just announced the launch of its IBM Bluemix Garage in New York City, with the goal to prosper the global development population. The company has its sights set on cloud developers, fintech, Internet of Things (IoT), blockchain and a broad range of the emerging tech coming to play in the world.
The tech garage in SoHo, New York City will be aimed to expand financial technology, distributed ledger applications and a vast array of technical innovations says IBM. According to Evans Data Corp., the worldwide developer population is set to reach 25 million by 2020. With the help of using Bluemix Garages to tap into IBM resources, the company says users will be able to advance “cloud APIs around cognitive, Internet of Things, unstructured data, social media and more to swiftly build and launch innovations.” IBM says developers working within the tech garage will be able to accelerate distributed ledger technology a phenomenon that is being embraced by financial markets and more.