API management is the process of publishing, documenting and overseeing application programming interfaces (APIs) in a secure, scalable environment. The goal of API management is to allow an organization that publishes an API to monitor the interface’s lifecycle and make sure the needs of developers and applications using the API are being met.
Whether you are modernizing IT infrastructure, building microservices, or managing apps in a multi-cloud environment, an API management platform helps.
API Management helps organizations publish APIs to external, partner and internal developers to unlock the potential of their data and services. Businesses everywhere are looking to extend their operations as a digital platform, creating new channels, finding new customers and driving deeper engagement with existing ones. API Management provides the core competencies to ensure a successful API program through developer engagement, business insights, analytics, security and protection.
API management software can be built in-house or purchased as a service through a third-party provider. A growing open API movement, spearheaded by big name companies like Facebook, Google and Twitter, has led to reduced API dependency upon conventional service-oriented architecture (SOA) in favor of more lightweight JSON and REST services. Some API management tools are capable of converting existing SOAP, JMS or MQ interfaces into RESTful APIs or JSON content.
API management software tools typically provide the following functions: