Community Research and Development Information Service - CORDIS


LiveIT Report Summary

Project ID: 719383

Periodic Reporting for period 1 - LiveIT (x66 optimized APIs real-time transformation in just 4 hours)

Reporting period: 2016-04-01 to 2017-01-31

Summary of the context and overall objectives of the project provides a Proxy-as-a-Service solution based on Web standards, that turns any API into a real-time stream of updates without requiring any server-side code. We poll APIs, cache the response, and push only incremental updates to your servers, applications and devices, allowing you to focus on your user experience! We also provide scalability for your API infrastructure with our caching capabilities, so you don't have to worry about becoming a victim of your success.


A Real-Time User Experience
Provide your customers with real-time experience. Simply turn any JSON API into a real-time streaming API by using

Increase Dwell Time in 10mn
Reduce API workload and save up to 90% in CPU and bandwidth costs on both server & client sides, with a significant impact in terms of energy consumption.

Serverless & scalable
Increase your user engagement and scale beyond 1 billion API updates a day without the need of a dedicated backend infrastructure.

Say goodbye to Polling: Transform any JSON API into a real-time push API without a single line of server side code, and an easy integration in client applications, thanks to our SDKs.

Incremental Updates
Incremental updates are pushed to applications only. Doing so, reduces volume of data transferred drastically, resulting in a better user-experience.

Dynamic Cache
We reduce the load on APIs by keeping data in cache. Do more with less. Less load means higher scalability and lower costs.

Optimized streaming requests
You can set a custom polling frequency and inject secret query parameters or headers for each of your APIs. Every request made to the target URL will be enriched and fetched at the defined interval.

Work performed from the beginning of the project to the end of the period covered by the report and main results achieved so far

In 2016, has been recognized across industry think tanks and throughout the API economy as being a vital API service provider. Several prestigious recognitions and awards include:
• Winner VentureClash 2016, New Haven, USA
• Winner GoIgnite - Ignite a Billion Customers, by Orange, Telefonica, Deutsche Telekom and Singtel, Mobile World Congress 2016
• Vivatech European Data Award - Most Promising Startup 2016, Paris
• Best-in-class Mobile Solution, 2016 Benzinga Fintech Award, New York
• Winner, #execfintech 2016, Frankfurt
• Winner, European Union H2020 Phase 2, Brussels
• Selected as one of the 50 most interesting APIs by the API industry's premier journal, ProgrammableWeb, out of a choice of over 2,000 APIs released in 2015

In 2016, has contributed to the following whitepapers, guides and panels:
• InfoQ, API Streaming by Audrey Neveu
• InfoQ, HTTP/2 and Websockets by Allan Denis
• Dzone Mobile Guide 2016 - streaming in the mobile world, by Cedric Tran-Xuan
• 4 Ways APIs are changing Banking, a 2016 Forrester report
• Digital (R)evolution - Revue Banque 2016, Paris
• EcoIndex v2

In January 2017, launched partnerships with Mashape, IBM and Google.

Progress beyond the state of the art and expected potential impact (including the socio-economic impact and the wider societal implications of the project so far) has partnered with Xignite to bring real-time data transparency to financial market consumers:

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