API Economy

APIs are defined interfaces through which interactions happen between an enterprise and external applications that use its assets. An API approach is an architectural approach that revolves around providing programmable interfaces to a set of services to different applications serving different types of consumers. APIs represent the ability of an organization to transact digitally with anybody in a programmatic manner – APIs enable other parties to write software code that accesses data, controls remote resources and drives transactions.

With this in mind, API economy is usually defined as the emerging economic effects enabled by companies, governments, non-profits and individuals using APIs to provide direct programmable access to their systems and processes. In today’s world of mobile and cloud, B2B, multichannel etc., the API economy becomes a very important concept.

At this year Java conference our Miroslav Rešetar held an interesting presentation regarding this subject and its available HERE.

While building architectures and solutions  for our clients, we are heavily relying on these concepts, trying to combine best approaches and tools to fit the client’s needs.

We are also able to support our clients with consulting services in these areas, helping them to establish and grow their own practices around these concepts.