What is API Management?
The process of creating, releasing, documenting, and evaluating APIs in a safe environment is known as API management. An API management system helps ensure that an organization’s public and internal APIs are both consumable and safe.
Across enterprises, Application Programming interfaces (APIs) act as the connectors between data and applications. Simply put, API management refers to a set of technology and processes that are used by enterprises to distribute and maintain APIs in a secure environment. API management enables organizations to respond faster to customer demands. Security and governance are critical aspects of API management. Effective API management ensures that APIs can be securely distributed, and monetized.
What are the business benefits of API Management?
API management enables organizations to use APIs for a business benefit in a secure environment.
API management allows greater flexibility to reuse API integration functionality and helps save cost and time.
API management enables the use of analytics tools to leverage data for business benefits.