Central management platform
However, as platforms and ecosystems expand, the challenge will lie in managing and securing a multitude of APIs. Enter cloud platforms for API management. They make it easy for you to give external developers access to your APIs. They constitute a central gateway that runs in the cloud enabling you to securely store, publish and analyze APIs. An intermediate layer of this kind benefits your external partners and your own organization alike. Your partners are shielded from all the backend complexity, while within your own organization you have monitoring and analysis capabilities within a single platform. Furthermore, by publishing your APIs on an API management platform, you take advantage of its built-in security measures, thus reducing the risk of, for example, your ERP system going down in case of a cyberattack.
So are APIs hot?
That depends on what industry you are in. If your business is evolving quickly and if developing a services-oriented ecosystem is the way forward to stay competitive, APIs and an API management platform will give your organization extra speed and agility. It’s time for IT and the business to get together and map out a path for the organization’s future growth!