Understanding the API economy
APIs (Application Programming Interfaces) have been around for decades, but although the concept emerged as far back as the 1940s, it wasn’t until the early 2000s and the efforts of eBay, Salesforce, and Amazon that really put them on the map. APIs today are ubiquitous - any company developing software will likely have an API for customers and partners - and research suggests the majority of enterprises consuming APIs are focused on strategies for easier consumption and management of APIs.