Smart cities, apart from smart containers where the lives of millions of citizens are developed, are big business. According to this study, it is a market that will increase from $465 billion last year to $1.2 trillion by 2022 globally, which entails an annual growth of around 23%.
Is it a bank? A service platform? A factory of financial products? A distributor? Does it sell or buy information? All this and more. APIs are revolutionizing the world of banks and are set to transform banking into the largest operations scalextric imaginable.