Emerging digital business create novel products and services that cater to growing customer demands. To remain competitive, traditional businesses need to adapt and offer their services in multiple devices and channels. Application Programming Interfaces (APIs) enable this by allowing enterprises to expose their business functionality externally. APIs provide a means of extrapolating additional value from existing data and systems and allows organizations to transition from entities governed by centralized IT to open IT that promotes self-service. APIs allow monolithic systems to be efficiently integrated with each other in an atomic, compatible and agile manner.
API management involves managing the API lifecycle from creation, testing, documentation, publishing, discovering and monetizing. In addition to this, an API management platform enforces security and provides in-depth analytics on API usage. This ensures that the APIs are secure and consumable. API management solutions can be deployed on-premise, in the cloud or in a hybrid of both.
The white paper ‘Leveraging a Winning API Management Strategy for Digital Transformation’ explores the importance of API management when transforming your enterprise into a digital business. It will also examine key features that should be considered when evaluating an API management platform including the benefits of choosing an open source API manager.