APIs - the current “big thing” - offer the opportunity for modern organizations to unlock new and lucrative business models. The article below covers some tips on how to spin the API flywheel and leverage its possibilities.
In the API economy, a successful service can gain popularity and be utilized in ways unpredicted and often inconceivable by its original owners. The very flexible nature of the technology opens many doors, including business collaborations, reuse in third-party products or even conquering hardware barriers by reaching a spectrum of devices.
Taking the builder’s perspective
Important note: Most of the time API consumers are not the end-users but rather the app developers. Any new venture ought to be supported with excellent learning resources and descriptive documentation. These things combined will ensure a top-notch developer experience and encourage adoption of your product, increasing its visibility in the market.
More than the revenue
While in the simplest scenario, the most popular API business model is revenue via service charges, there are several other goals:
APIs can be as simple as 1 endpoint for use by 100s of users or as complex as the AWS APIs with 1000s of endpoints and 100s of thousands of users. Building them can mean spending a couple of hours using a low-code platform or months of work using a multitude of tools. Hosting them can be as simple as using one platform that does everything we need or as complex as setting up and managing ingress control, security, caching, failover, metrics, scaling.
What is REST? The REST acronym is defined as a “REpresentational State Transfer” and is designed to take advantage of existing HTTP protocols when used
From on-prem-to-cloud integrations to custom application-to-cloud integrations, the questions are the same: What is the integration experience you need to offer and who will own it?
In this tutorial, you will learn the fundamentals of RESTful API design by applying REST principles and best practices. In additon, learn how to define resources, methods, requests, and responses.
APIs are perceived as reliable—more than half of respondents stated that APIs do not break, stop working, or materially change specification often enough to matter.