API (Application Programming Interface) is a component in the system in the form of an interface that works as a liaison (integrator) between one application/system with other applications/systems that have the same/different platform characteristics.
The current API has changed the outlook for the business. Previously, APIs were only used as a simple form of integration to help improve the business functionally. Today, APIs are considered an important part of the entire business process. Based on the results of Mulesoft’s research on the Connectivity Benchmark Report, it is known that from all IT decisions made, half of them can generate 1 million dollars to 10 million dollars per year by utilizing APIs. Therefore, businesses will not run appropriately and optimally without using APIs.
API is an IT systems component that is very important for companies. Moreover, API Management also plays an important role for API Developers, Backend Developers, and IT Architects, even for business owners. Having an ideal API Management solution is a must because API implementation has a significant impact on business. APIs execute a role in finding ways to expose data and services externally, internally, to both partners and mobile devices. Designing an API and having a comprehensive solution for API sustainability will be perfect if the company uses the best API Management solution. This action can increase the value of the business owned and produce APIs that IT Developers prefer.
Keys Success Factors of API
When a company chooses an API platform, there are a few things to keep in mind. A new API performance or even managing existing APIs will work well and successfully when APIs are built-in best practices. Then what is the key to a successful API? Let us discuss the keys to a successful API here.
Focus on API design
Using an “API-first” approach when designing APIs for your company is the first key. The purpose is to encourage businesses to focus on API specifications to ensure that the API is well-defined and implementation problems are not overlooked. Companies that make Application Programming Interface designs first will create optimal APIs and will consider using a platform to implement services on the backend to run the API.
Build a solid API runtime
Once the API is up and running, it is crucial to determine the ideal runtime. An API runtime must meet the needs of both present and future companies because a future-proof API runtime will enable the company’s business to thrive. An important feature for a solid API runtime for the long-term success of the API is the API availability in any digital environment, scalability, and reliability.
Boosting the success of the company’s API can be done by having an API that can be used easily by IT Developers. An Application Programming Interface that is easy to use can help IT Developers and drive API performance to be more optimal. Therefore, in the end, the company can create a user base in the form of a solid IT developer and have an optimally working API.
Monitor and evaluate API usage
Once the API is implemented, it is crucial to statistically manage and monitor the API performance. The purpose is to let companies understand user needs. Companies will understand how to create an Application Programming Interface that fits users’ needs.
Create a central repository
The company needs to create a central repository to ensure that its Application Programming Interface can be found and used by IT Developers. A good central repository can make finding services, viewing APIs, and controlling and managing APIs easier. Therefore, the API performance can be improved in the long run.
Knowing how the company’s API is used and by whom it is used will help the company see and assess the impact of using the API. Besides, companies can also offer an easy way to create policies and contracts that connect them with APIs and related consumers.
Those are the key to a successful API that can help the company decide on the ideal API management platform. Following those best practices can make it easier for the company to ensure API is successfully implemented.
PhinCon is an IT Consulting and Services company. One of the solutions provided by PhinCon is an API Management solution. Your company can consult with PhinCon regarding the API Management solution.
Contact us at [email protected] for more information on the API Management solution.