API ManagementDigital Transformation

API Management and Security

From what used to be a purely technical concept created to make developers’ lives easier, Application Programming Interfaces (APIs) have evolved into one of the foundations of modern digital business. Today, APIs can be found everywhere — at homes and in mobile devices, in corporate networks and in the cloud, even in industrial environments, to say nothing about the Internet of Things.

As companies are struggling to maintain their business agility, to react to the ever-changing market demands and technology landscapes, the need to deliver a new application or service to customers as quickly as possible often trumps all other considerations. Rapidly growing demand for exposing and consuming APIs, which enables organizations to create new business models and connect with partners and customers, has tipped the industry towards adopting lightweight RESTful APIs, which are commonly used today.

The rapid adoption of REST APIs also coincided with the exponential growth of cloud computing and mobile device proliferation, where they were the perfect medium to enable integrations between these heterogeneous systems and facilitate data exchange on a massive scale. In a world where digital information is one of the “crown jewels” of many modern businesses (and even the primary source of revenue for some), APIs are now powering the logistics of delivering digital products to partners and customers. Almost every software product or cloud service now comes with a set of APIs for management, integration, monitoring, or a multitude of other purposes.

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