As today’s online retail and service giants demonstrate, if you want to transform your organization to compete in the fast-moving digital economy, you need to start with an application programming interface (API) strategy.
But be prepared. Getting the technology in place to host and manage these essential building blocks for connecting people, business, and things is only part of building an API ecosystem. The real challenge is in getting your technical and business stakeholders to understand and embrace the benefits of APIs.
An API strategy success requires a collaborative effort. The business has to understand the value of APIs; and the technical people who are building APIs have to understand how they are going to help the business and determine the API hosting platform that is needed.