Organizations are establishing an API program as part of their digital transformation efforts. What does it take to drive the transition to an API-led business ?

Managing and governing an ecosystem of APIs can be quite a challenge for organizations. An API Management Platform is like a toolbox that organizes valuable instruments for any developer or company looking to scale their APIs with good governance.

API governance is essential to the success of your digital business, but far too many enterprises check their API security at the end of the life cycle—when they should be considering it right from the start. Learn how to follow strategic API security practices and do API governance right.

The number of APIs in circulation continues to grow exponentially. Fueling both Web 2.0 and Web3 iterations, APIs are working harder than ever to continually patch our digital architectures together and keep the web afloat. The importance of resilient and trustworthy digital infrastructures has only been made more evident by the pandemic, when work and other parts of life such as pre-booking an event and ordering items online also boomed. 

Best practices are the models for techniques and methods agreed upon by the wider community in an industry as superior to alternative options. Without good governance at every stage of an API's lifecycle, our entire digital architecture becomes increasingly vulnerable to errors and security threats. With so much at stake, we should not underestimate the importance of setting and achieving best practices in API governance.

Recent years have been a boom time for the API economy. There's an API solution for practically every need: Payment APIs, communications APIs, shipping APIs, are just three examples and there are many, many more.

The 2020 API trends for developers included increased emphasis on user experience, centralization, automated delivery of new APIs with integrated testing, and security and governance. So, what is in store for 2022

The overall transformation effort is about freeing up the resource all the way at the bottom and investing a lot more on the top. This is where the maximum benefits are going to really lie, in terms of innovating at the edge for providing a better experience/ services, and the ability to collaborate with fintechs to offer new embedded experiences for end customers. Majority of the interactions are done with these new digital services, and, at the forefront of delivering them, we find APIs.

Like most organizations today, you are probably looking to optimize your business model. As API technologies become more advanced, with promising new functionalities, enterprises of all sizes should be aiming to embrace the utility of APIs within their wider technology strategy.

The variety of analogies to explain how an API management platform works to the average person can be almost comical: from car engines to tapestries woven from fabric pieces – APIs have even been likened to magic. One of the most common and useful metaphors for what API products actually do is to compare their function to waiters in a restaurant. A thriving API ecosystem is similar to a well-run eatery with servers taking orders, running to the kitchen, and returning with the desired result.

API governance is vital for the successful standardization of patterns, blueprints, and templates. Whether you’re working within an organization or as an independent developer, standardization helps to reduce complexity issues while increasing reusability and fostering more resilient API architectures.

Application Programming Interface (API) technologies have evolved in their complexity with the growth of digital culture and the internet. With over 200 million APIs now in use, they have become the central component of our hyper-connected world.