API integration is a critical business strategy, report says

According to the report, 61 percent of respondents agree API integration is a necessary business strategy. Aligning your digital strategy is the first step towards developing an effective API technique. You need to know how the APIs you’re about to introduce will integrate with and enhance your existing digital business development goals. API integration is the process of using APIs to connect two or more software systems in order to facilitate the seamless transfer of data.

importance of an API integration strategy

AnAPI management platformis a tool used to access, distribute, control, and analyze APIs used by developers in an enterprise setting. API management platforms benefit organizations by centralizing control over their API integrations while ensuring they continuously meet high performance and security standards. In discussions about the importance of integrated applications and services in an enterprise setting, the terms “application integration” and “data integration” are sometimes used interchangeably. However, the concept and use cases behind each of these processes are very different. Application integration helps bridge the gap between existing on-premises systems and fast-evolving cloud-based enterprise applications. Deloitte has witnessed a significant uptick in its clients, asking to help them establish a C4E as part of enabling their API and integration strategy.


He is currently Deloitte’s APIs & Integration market offering leader within Cloud Engineering. Chris has had a front row seat driving disruptive technology platforms into various vertical enterprise markets, including Web, Commerce, Mobile, IoT, and most recently iPaaS, API and micro-services platforms. He is a trusted advisor to senior IT leaders as they come to grips with the rise of SaaS, Cloud, APIs and how to best move forward alongside their core legacy environments. But is that service being reused enough to justify the maintenance required to continue exposing it? By developing KPIs for each service, you can determine how effectively API platforms are supporting the goals set forth in your API strategy.

importance of an API integration strategy

However, accommodating new APIs doesn’t necessarily translate into generating value from them. No industry has a first, last, and lone product that fills all a user’s needs (though many attempt to, right, Google?). Addressing integration and new API elements requirements cost lagging companies over $12 billion last year. When the great race toward big data analytics began, monolithic businesses could operationalize less than 1% of their data. 35% of today’s technology leaders generated more than a quarter of their organizations’ revenue as a direct result of APIs. Red Hat Enterprise Linux A flexible, stable operating system to support hybrid cloud innovation.

Select the Appropriate API Platform and Tools

At this stage, it can often be helpful to employ the services of an API evangelist. Just as there will be naysayers, there will also be individuals and teams that will be very passionate about the new strategy and vocal about its benefits. By tapping these evangelists to help spread the word, skeptics are more likely to see the positives of the new strategy as opposed to just dwelling on the perceived downsides.

While guidance may be premature during the early stages of market entry, investor relations teams still need to convey the full value of an enterprise to investors. To do this, they need a value proposition that emphasizes the intrinsic value of the investment while reinforcing the benefits that can best drive business and stock growth. Considering how large an investment of time, effort, and money transitioning to an API economy can be, it is vital to convey that the benefits are substantial. Instead developers can leverage the seamless plug in capabilities and functionality of APIs.

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Apigee, for example, has created a set of compatible APIs that help banks address PSD2 requirements (supported by an open-banking infrastructure). Businesses can also use APIs to improve functionality or add new features to existing products and services. The key benefit of API integration is improved connectivity between data and systems.

  • Understand which APIs are important and at what level of granularity they should be defined; determine appropriate functionality trade-offs of programmatic ambitions versus immediate project needs.
  • Before you start copy-pasting other businesses’ API strategies, consider your own objective.
  • API management is emerging as a crucial capability to navigate the digital age.
  • Once we identify the project objectives, we can go through the existing system to identify application silos, different backend systems, data handling requirements, etc., as we discussed earlier under Identifying digital assets.

We will begin by covering the fundamentals of the tools, then delving into practical examples of how to use them. By the end of this article, you will have a solid understanding of how to use these powerful tools to improve the performance of your Go applications. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates.

How do APIs benefit businesses?

There are backend and frontend development teams involved in this project. David is widely respected as a visionary in cloud computing—he was recently named the number one cloud influencer in a report by Apollo Research. For more than 20 years, he has inspired corporations and start-ups to innovate and use resources more productively. As the author of more than 13 books and 5,000 articles, David’s thought leadership has appeared in InfoWorld, Wall Street Journal, Forbes, NPR, Gigaom, and Prior to joining Deloitte, David served as senior vice president at Cloud Technology Partners, where he grew the practice into a major force in the cloud computing market.

This is even trickier given that arguments for API investments are often based on future potential, while arguments for more conservative alternatives are based on past success. If you’re interested in API vulnerability assessments, or penetration testing to help identify vulnerabilities and risks, please contact your Moss Adams professional. One great experiment would be to use your organization’s vulnerability scans against a deliberately vulnerable API. Set up a secure test environment with a vulnerable API like OWASP’s crAPI and see how effective your organization’s vulnerability scans are against it.

Ensuring data security

Properly designed APIs are a key enabler for any enterprise’s digital presence. Easily migrate to the cloud and innovate incredibly fast with Kalix! APIs in an enterprise can be categorized as edge, utility, and domain APIs.

importance of an API integration strategy

Beyond just determining what needs to be linked and in what manner, those in charge of the strategy will want to create API value chains, as well. Essentially, this refers to API connectivity and usage from database to end user. This step is about what needs to happen to make an API a reality and who is in charge of what specific piece of the puzzle. Assurance, tax, and consulting offered through Moss Adams LLP. ISO/IEC services offered through Cadence Assurance LLC, a Moss Adams company. Wealth management offered through Moss Adams Wealth Advisors LLC. Services from India provided by Moss Adams LLP. Testing for business logic flaws involves testing the features and functions of an API from an adversarial perspective.

How does Postman support API integration?

Different backend systems have different integration requirements, so companies need options for both EDI and API integration. Some companies experienced a massive surge in demand, while others experienced severe downturns. B2B infrastructure operating behind the scenes had to adapt to quickly changing workloads, and agility became key to resilience.

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