What is API Management?

Find out how your enterprise can leverage IT like never before. Find out what API Management is and how to utilize it! 

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Definition:

API management refers to the process of creating, publishing, monitoring, and securing application programming interfaces (APIs) in a scalable and efficient manner. It involves tools and services to ensure APIs are available to developers and applications, maintain performance, enforce usage policies, and protect against security threats, thereby facilitating seamless integration and interaction between different software systems.

What are the benefits?

1. Provide Digital Services

API management offers overview and management of digital services that enterprises offer to their partners, suppliers and customers.

2. Enhanced Security:

Protects enterprise APIs from cyber threats through robust authentication, authorization, and encryption protocols, ensuring secure and compliant data exchange.

3. Improved Performance:

Optimizes API performance to ensure high availability and responsiveness, meeting enterprise-level service level agreements (SLAs).

4. Scalability:

Facilitates seamless scaling of API usage to handle increasing enterprise traffic and demand without compromising performance.

5. Access Control:

Enforces granular usage policies and manages API access to ensure that only authorized users and applications, e.g. partners and internal teams, can interact with the APIs.

6. Analytics and Monitoring:

Provides detailed insights and analytics on API usage, helping enterprises track performance metrics, detect and resolve issues, and make informed strategic decisions.

7. Developer Support:

Simplifies the onboarding process for developers with comprehensive documentation, sandbox environments, and support tools, accelerating innovation and collaboration within the enterprise ecosystem.

API management streamlines the development, deployment, and maintenance of APIs, ensuring efficient and secure integration across enterprise systems while enabling scalability and strategic insights.

Success factors for utilizing API Management

Here are some best practices for API Management:

Scheer PAS Designer preview MacBook Process iPaaS Free Trial API Management

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1. Clear Strategy and Objectives

Define clear goals and objectives for API usage that align with the organization's overall business strategy.

2. Robust Security Framework

Implement strong security measures, including authentication, authorization, and encryption, to protect sensitive data and ensure compliance with regulations.

3. Comprehensive Documentation

Provide thorough and easy-to-understand documentation to facilitate developer onboarding and ensure consistent API usage.

4. Scalable Infrastructure

Ensure the infrastructure can scale to meet increasing demand and maintain performance and availability under varying loads.

5. Effective Governance

Establish policies and procedures for API usage, versioning, and deprecation to maintain control and consistency.

6. Analytics and Monitoring

Utilize analytics and monitoring tools to gain insights into API performance, usage patterns, and potential issues, enabling continuous improvement.

7. Developer Support

Offer robust support and foster a developer community to encourage collaboration, innovation, and feedback.

Following these success factors ensures effective API management, leading to enhanced security, scalability, performance, and strategic alignment with business goals.

Used Glossary Terms

A set of protocols and tools for building and interacting with software applications, enabling different systems to communicate with each other.

The process of verifying the identity of a user or system before granting access to resources.

The process of determining whether a user or system has permission to access certain resources or perform specific actions.

The method of converting information into a code to prevent unauthorized access.

A contract between a service provider and a customer that specifies the level of service expected during its term.

The framework of policies and procedures that ensure the proper management and control of an organization’s processes and resources.

The practice of managing changes to software applications or APIs by assigning unique version numbers to different stages of development.

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Scheer PAS Designer preview MacBook Process iPaaS Free Trial API Management