The launch of UCX builds on the news earlier this year that the CME Group (Chicago Mercantile Exchange) signed a definitive agreement to develop an IaaS Exchange.
UCX has announced the beta launch of the Universal Compute Xchange. The launch of UCX builds on the news earlier this year that the CME Group (Chicago Mercantile Exchange) signed a definitive agreement to develop an IaaS Exchange.
UCX, an innovative new financial market defines a new asset class of exchange-traded products that address the risks of the digital generation, with the support, assistance, and backing of CME Group. UCX’s initial benchmark contract is based upon 6fusion’s patented Workload Allocation Cube (WACTM). The WAC represents the first commercial standard to quantify IT infrastructure supply and demand, and creates the basis for by which compute resources may be measured, and transacted.