After witnessing the success of API-based development and its growth in social media and the consumer space, enterprises are now keen on replicating the same success in their businesses.
The new API architecture is transforming the way enterprises work. APIs are not just an aid to achieve business goals; they are also at the core of business strategy. They are opening up new business channels and speeding up change in partner businesses. Enterprises are compelled to create new applications that appeal to different markets and customer segments. But they also have to ensure that these applications are accessible to a variety of user-agents.
Cloud applications that provide visual representation of information need a standard way to circle back data and functions that reside in internal systems. Achieving all this is much easier and quicker with APIs.
APIs are a current trend, but they’ve always existed. Today’s web API architecture provides loose coupling and extensive reuse which speeds up development. But it also has its drawbacks: enterprises do not need APIs that are isolated and not in line with their business needs. What they do need is a holistic approach to include APIs in their business strategies and more importantly, to make APIs their business.