Friday, July 10, 2015


UCX Selected by AlwaysOn as one of the AlwaysOn Global 100 Companies to Watch

Published: July 10, 2015 9:10 a.m. ET

Recognized for creating financial innovations

CHICAGO, Ill., Jul 10, 2015 (GLOBE NEWSWIRE via COMTEX) --
via PRWEB - 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 tradeable 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 which 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
About UCX
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
About AlwaysOn
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.
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit
 CONTACT: UCX Jocelyn Graham +1 (408) 568-3251 

Copyright (C) 2015 GlobeNewswire, Inc. All rights reserved.


  1. Youngest Son's latest business development.


  2. I thought we were already trading clouds as commodities alongside moonbeams, unicorns and derivatives of derivatives...

    Seriously, I am still very much into my pc and the idea of ever placing my documents, photos and records in the public space no matter how will it is supposedly private and secure is far outside my comfort zone. I realize that technology is driving in that direction but just as with a totally cashless society… I vote no.

    1. UCX is all about companies hedging their cloud needs, both supply and usage sides, in an open marketplace. Just like farmers hedge crops and pork bellies. A large company may need large amounts of server capacity for a Christmas season but would love to lease the same capacity out during slower periods.

      Basically UCX is a metered open market.

    2. Is there anything, anything that we in this country won't find a way to bet on?

    3. Everytime you go to the supermarket or gas station you are placing a bet that the price won't be lower tomorrow. Hedging helps to even out markets. Larger consolidated markets can help lower overall prices.
      Would you ask an intelligent farmer to wait for the market price when he sows his crops or let him hedge when he plants insuring that he at least will cover the cost of his opporations?
      Cloud capacity is just another commodity. If a university or other large consumer of this type of service can purchase (or sell excess) usage instead of owning a warehouse full of servers why wouldn't this help to lower their own operational costs?

    4. Don’t get me wrong William, having an exchange for services or commodities is a fair business. Just as airlines hedge fuel future fuel costs, it is a viable way to stabilize costs but the problem with almost all of these hedge devices is the yahoo that goes out and buys a tanker full of jet fuel to manipulate the price…. Or a Soro that tanks a national currency in a moment of weakness.. an act we all pay for.

      I wish your son all the success… I’m just not a fan of the negative effects of hedge products… nor am I a willing consumer of virtual clouds…

    5. Thanks for the comments. I'll keep you posted on the progress of the exchange.