API management is the scalable process of creating, publishing and managing application programming interface (API) connections—sharing them, controlling access, tracking their usage and enforcing security policies—within an enterprise and multicloud setting.
More than just a repository for these API connections, API management is a scalable, unified platform that allows enterprises to share and socialize their API configurations, control access, collect and analyze usage statistics and enforce security policies all at the same time.
APIs are the answer to many of your digital transformation questions, but the answer to many of your API questions is a multifunction iPaaS. Get the four insights that can guide your API-led integration journey.
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For many businesses, API use in their daily operations is not a new concept. However, for organizations that need to manage API integrations across more systems and applications, rebuilding these integrations from scratch can be time-consuming, cumbersome and draining on internal resources. API management gives enterprises greater flexibility in reusing API integrations and helps save time and money without trading off security.
One notable benefit of using an API management solution is the ability to deploy and reuse integration assets quickly and efficiently. By managing all of your APIs on one unified and centrally visible platform, enterprises can easily share the API documentation and coding constructs between teams. This approach significantly reduces development costs and time to market. API management platforms also help to keep existing services safer by tracking API usage and allowing for the integration of state-of-the-art security protocols, including OAuth, JWT, and OpenID.
API management became an essential part of digital transformation strategies, which enables organizations to create seamless connections between their digital assets. As businesses continue to scale their daily operations, adopting new tools and services to bolster their digital ecosystem is all the more necessary. However, without the right automation, these tools and services can quickly become cumbersome and difficult to manage over time. Enterprises can accelerate their operations by incorporating API management tools, quickly testing, deploying, managing and monitoring their API connections from one centralized platform.
API gateways effectively address many of the GDPR requirements for data privacy and compliance with both data access and large data movement. Gateways are designed to protect user data and the access points as information is transmitted through an API. User information is also protected through security tokens and access keys that allow administrators to maintain granular access control over all of their API integration, meeting strict compliance standards.
API management solutions became the gold standard for securing API integrations in an enterprise setting. Using a managed solution, enterprises can encrypt all of their data and require signatures to make sure that the right users are accessing their data. By monitoring API activity in real-time, organizations can identify potential vulnerabilities—in operating systems, networks, drivers and API components—track data leaks and provide the insight to boost API security.
API management platform
An API management platform is a tool that is 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 maintaining high performance and security standards. API management solutions feature a suite of end-to-end services that streamline the deployment of API integrations and simplify the process of documenting and sharing their configurations among development teams. API management solutions are made up of the following components:
Build, manage and monetize APIs—all in one place—with agile API management throughout the full API lifecycle.
Manage your API lifecycle across multiple clouds, boost socialization and optimize monetization efforts across your entire business ecosystem.
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Application programming interfaces, or APIs, simplify software development and innovation by enabling applications to exchange data and functionality easily and securely.
IBM named a Leader in the 2023 Gartner Critical Capabilities for Full Lifecycle API Management.
REST APIs provide a flexible, lightweight way to integrate applications and have emerged as the most common method for connecting components in microservices architectures.
An API gateway is an API management tool that acts as an intermediary between an API client (the application on a user’s device) and backend services (located on a server).
API design refers to the decision-making process that determines how an application programming interface (API) exposes data and functions to users and developers.
An API endpoint is a digital location where an application programming interface (API) receives API calls, also known as API requests, for resources on its server.