24
Wed, Jul
0 New Articles

IBM Cloud Helps StockX to Redesign and Scale Operations

Business Integration
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times
IBM (NYSE: IBM) today announced a collaboration with Detroit-based StockX to design, build and deploy a new app on the IBM Cloud to help scale operations and meet the needs of an expanding user base.

Since launching in 2016, StockX has built a rapidly growing following as a secure and trusted online platform to buy, sell and trade in-demand consumer products. As their success has increased, StockX turned to IBM for help in designing an app that would enable their operations to expand while maintaining a critical piece of their customer promise: same-day turnaround and a careful inspection process that ensures individual product quality. They selected IBM because of its enterprise expertise in designing cloud strategies that meet specific business needs.

Guided by the IBM Garage design methodology, StockX engineers worked with IBM to design and build an app called OpsApp. The team began development by working to identify key areas to scale their authentication process, such as manual procedures and logistical challenges. The team then evaluated how the IBM Cloud could help improve and streamline these processes through its services, such as object storage and cloud data services.

As a result, OpsApp uses cloud storage to receive shipment tracking data, real-time market pricing, historical sales and volume metrics. IBM also helped the StockX team integrate cloud services such as database management, object storage for images and videos, and DevOps to help drive efficiencies in how data is accessed and managed across their system.

The app is now helping to improve processing efficiency for the site's growing volume of sneaker, handbag and watch orders. The StockX authentication team can quickly locate the data and guidance they need via the cloud-- from images to tracking information -- leading to faster product validation and shipping. Since the app is set up to help guide teams digitally through the authentication process, it's also speeding the on boarding of new staff to meet growing demands from processing volume.

"Faced with strong growth as we approached $100 million in traded merchandise value in just one year of business, StockX identified the need to scale our product authentication process to meet growing demand," said Josh Luber, StockX co-founder and CEO. "Partnering with IBM allowed us to quickly identify and explore a new app with IBM Cloud. Senior members of our technology team now have the freedom to remain confidently 'hands off', enabling a two-person team to ship features quickly and operate production grade infrastructure completely by themselves," Luber continued.

"StockX is a company that is transforming the way people buy and sell in-demand products" said Shawn Murray, worldwide director, IBM Cloud Garages. "StockX was able to make extensive use of IBM Cloud to experiment with and operate infrastructure that can support millions of dollars in traded merchandise. What this company was able to build following the pop-up Garage in just a matter of weeks is incredible, and is a testament to the power and potential of agile, data-driven cloud services."

The IBM Cloud Garages are a global network of physical hubs, located across the world inside entrepreneurial and developer-centric communities such as Galvanize and WeWork. Each Garage features a team of IBM developers and designers, who collaborate with other developers, product managers and design teams across industries to build new innovations on IBM Cloud.

Based in open standards, the IBM Cloud is one of the largest open, public cloud platforms in the world, featuring more than 150 tools and services spanning categories of cognitive intelligence, data analytics, machine learning, DevOps, blockchain and the Internet of Things.

About StockX
StockX is the world's first online 'stock market of things' for in-demand consumer products, including sneakers, watches and handbags. StockX connects buyers and sellers using the same methodology as the world's stock markets –an anonymous 'live Bid/Ask' market. All products are physically authenticated by StockX, allowing participants to focus on the transparency of data available –including real-time market pricing, in-depth market analysis, individual portfolio tracking, historical sales and volume metrics. StockX launched in February of 2016. StockX TV, its web series, began airing in April of 2017.

StockX, was founded by Luber, StockX COO Greg Schwartz, and Dan Gilbert, founder and chairman of Quicken Loans and majority owner of the 2016 NBA Champion Cleveland Cavaliers. The company includes other high profile investors including Eminem, Mark Wahlberg, Ted Leonsis, Tim Armstrong, Scooter Braun and Ron Conway.

About IBM Cloud
For more information on IBM Cloud, visit www.ibm.com/cloud-computing.

Media Contact
Erin Lehr
IBM Media Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.

View original content with multimedia:http://www.prnewswire.com/news-releases/ibm-cloud-helps-stockx-to-redesign-and-scale-operations-300487419.html

SOURCE IBM

Related Links

http://www.ibm.com

IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity, and service.

For more information, visit: www.ibm.com.

BLOG COMMENTS POWERED BY DISQUS

LATEST COMMENTS

Support MC Press Online

$

Book Reviews

Resource Center

  • SB Profound WC 5536 Have you been wondering about Node.js? Our free Node.js Webinar Series takes you from total beginner to creating a fully-functional IBM i Node.js business application. You can find Part 1 here. In Part 2 of our free Node.js Webinar Series, Brian May teaches you the different tooling options available for writing code, debugging, and using Git for version control. Brian will briefly discuss the different tools available, and demonstrate his preferred setup for Node development on IBM i or any platform. Attend this webinar to learn:

  • SB Profound WP 5539More than ever, there is a demand for IT to deliver innovation. Your IBM i has been an essential part of your business operations for years. However, your organization may struggle to maintain the current system and implement new projects. The thousands of customers we've worked with and surveyed state that expectations regarding the digital footprint and vision of the company are not aligned with the current IT environment.

  • SB HelpSystems ROBOT Generic IBM announced the E1080 servers using the latest Power10 processor in September 2021. The most powerful processor from IBM to date, Power10 is designed to handle the demands of doing business in today’s high-tech atmosphere, including running cloud applications, supporting big data, and managing AI workloads. But what does Power10 mean for your data center? In this recorded webinar, IBMers Dan Sundt and Dylan Boday join IBM Power Champion Tom Huntington for a discussion on why Power10 technology is the right strategic investment if you run IBM i, AIX, or Linux. In this action-packed hour, Tom will share trends from the IBM i and AIX user communities while Dan and Dylan dive into the tech specs for key hardware, including:

  • Magic MarkTRY the one package that solves all your document design and printing challenges on all your platforms. Produce bar code labels, electronic forms, ad hoc reports, and RFID tags – without programming! MarkMagic is the only document design and print solution that combines report writing, WYSIWYG label and forms design, and conditional printing in one integrated product. Make sure your data survives when catastrophe hits. Request your trial now!  Request Now.

  • SB HelpSystems ROBOT GenericForms of ransomware has been around for over 30 years, and with more and more organizations suffering attacks each year, it continues to endure. What has made ransomware such a durable threat and what is the best way to combat it? In order to prevent ransomware, organizations must first understand how it works.

  • SB HelpSystems ROBOT GenericIT security is a top priority for businesses around the world, but most IBM i pros don’t know where to begin—and most cybersecurity experts don’t know IBM i. In this session, Robin Tatam explores the business impact of lax IBM i security, the top vulnerabilities putting IBM i at risk, and the steps you can take to protect your organization. If you’re looking to avoid unexpected downtime or corrupted data, you don’t want to miss this session.

  • SB HelpSystems ROBOT GenericCan you trust all of your users all of the time? A typical end user receives 16 malicious emails each month, but only 17 percent of these phishing campaigns are reported to IT. Once an attack is underway, most organizations won’t discover the breach until six months later. A staggering amount of damage can occur in that time. Despite these risks, 93 percent of organizations are leaving their IBM i systems vulnerable to cybercrime. In this on-demand webinar, IBM i security experts Robin Tatam and Sandi Moore will reveal:

  • FORTRA Disaster protection is vital to every business. Yet, it often consists of patched together procedures that are prone to error. From automatic backups to data encryption to media management, Robot automates the routine (yet often complex) tasks of iSeries backup and recovery, saving you time and money and making the process safer and more reliable. Automate your backups with the Robot Backup and Recovery Solution. Key features include:

  • FORTRAManaging messages on your IBM i can be more than a full-time job if you have to do it manually. Messages need a response and resources must be monitored—often over multiple systems and across platforms. How can you be sure you won’t miss important system events? Automate your message center with the Robot Message Management Solution. Key features include:

  • FORTRAThe thought of printing, distributing, and storing iSeries reports manually may reduce you to tears. Paper and labor costs associated with report generation can spiral out of control. Mountains of paper threaten to swamp your files. Robot automates report bursting, distribution, bundling, and archiving, and offers secure, selective online report viewing. Manage your reports with the Robot Report Management Solution. Key features include:

  • FORTRAFor over 30 years, Robot has been a leader in systems management for IBM i. With batch job creation and scheduling at its core, the Robot Job Scheduling Solution reduces the opportunity for human error and helps you maintain service levels, automating even the biggest, most complex runbooks. Manage your job schedule with the Robot Job Scheduling Solution. Key features include:

  • LANSA Business users want new applications now. Market and regulatory pressures require faster application updates and delivery into production. Your IBM i developers may be approaching retirement, and you see no sure way to fill their positions with experienced developers. In addition, you may be caught between maintaining your existing applications and the uncertainty of moving to something new.

  • LANSAWhen it comes to creating your business applications, there are hundreds of coding platforms and programming languages to choose from. These options range from very complex traditional programming languages to Low-Code platforms where sometimes no traditional coding experience is needed. Download our whitepaper, The Power of Writing Code in a Low-Code Solution, and:

  • LANSASupply Chain is becoming increasingly complex and unpredictable. From raw materials for manufacturing to food supply chains, the journey from source to production to delivery to consumers is marred with inefficiencies, manual processes, shortages, recalls, counterfeits, and scandals. In this webinar, we discuss how:

  • The MC Resource Centers bring you the widest selection of white papers, trial software, and on-demand webcasts for you to choose from. >> Review the list of White Papers, Trial Software or On-Demand Webcast at the MC Press Resource Center. >> Add the items to yru Cart and complet he checkout process and submit

  • Profound Logic Have you been wondering about Node.js? Our free Node.js Webinar Series takes you from total beginner to creating a fully-functional IBM i Node.js business application.

  • SB Profound WC 5536Join us for this hour-long webcast that will explore:

  • Fortra IT managers hoping to find new IBM i talent are discovering that the pool of experienced RPG programmers and operators or administrators with intimate knowledge of the operating system and the applications that run on it is small. This begs the question: How will you manage the platform that supports such a big part of your business? This guide offers strategies and software suggestions to help you plan IT staffing and resources and smooth the transition after your AS/400 talent retires. Read on to learn: