#api #data product

The value of your API is in your data - Part 2

In my previous post, I presented the way API products can become data products when they are combined with a data processing strategy. Data-enhanced API products merge the insights obtained from the data being processed with APIs’ ubiquity and accessibility. I also presented the process an API product has to go through to become a useful and profitable data product. This process comprises identifying its goal, value, implementation, and evolution. ...

#api #data product

The value of your API is in your data

Creating API products is by far one of the most rewarding projects a company can embark on, as they open a huge avenue for revenue and customer expansion. As expressed in previous posts, API products are a gateway to a company’s core services, which are presented to its consumers as commercial products. API products acquire super powers when they are combined with a data processing strategy. This allows them to become efficient providers of either raw data or data in the form of insights aimed at improving existing processes. ...

#api

From conception to consumption: The API delivery process (Part 2)

In part 1 of this series, we analyzed the main components of the API delivery process such as specifying the problem the API intends to solve by means of its value, the development of the API’s minimum viable product, and the API’s time to market. In this post, we will look at the remaining two aspects of this process: Quality and Security. Quality Standards Ensuring that an API product meets minimum quality standards is the foundation of its initial and continuous adoption and it directly affects the way the API benefits the company. ...

#api #api product #api lifecycle

From conception to consumption: The API delivery process (Part 1)

Once an organization has decided to expose its services and functions as an API product, special attention needs to be given to all the aspects of the API delivery process. This comprises clearly specifying the problem that the API will solve, the value provided by the API to solve that problem, the set of stakeholders involved in the process, the API’s MVP and time to market, and the API’s quality and security standards. ...

#api #api product #api economy

Digital Transformation: The era of the API-fueled company

Much has been said about the revolution that APIs started a while ago. API transformation and API economy became buzzwords, and the hype they generated reached numerous domains beyond the IT world. In only a few years, APIs touched every single corner of the world economy and became a ubiquitous component of our digital operations. The growth of cloud services provided by all the incumbents has accelerated and facilitated the implementation of APIs in numerous scenarios, such as banking, finances, health care, education, communications, and social media, among others. ...