More than a decade on, the API economy continues to boom. As digital transformation sweeps organizations of every size in every industry and API-enabled digital channels like smart home devices become mainstream, the importance of APIs in people’s everyday lives is only increasing. However, just as the original gold rush that ballooned the population and wealth of San Francisco had devastating consequences for California’s original inhabitants, the 21st-century digital gold rush for which Silicon Valley stakes a major claim also has its collateral damage.
In part one of this blog series, I introduced the different ways reusable integration assets can be valuable. Here I’ll provide a simple framework for assessing the projected return on integration assets (ROIA), which can help inform how your organization prioritizes integration development.
Many businesses today are trying to augment and improve their customer, partner, and employee experiences by leveraging artificial intelligence and bots, yet grapple with the issue of cybersecurity. We’ve all heard of the numerous accounts of cybercriminals taking advantage of chat APIs, social network application vulnerabilities, and increasingly sophisticated phishing campaigns. However, the majority of cybersecurity hacks are still accomplished in a rather old-fashioned manner — through the use of stolen credentials.
Consumer technology moves fast. What’s shiny and new one day can quickly become a relic of the past when the next innovation or iteration comes along. Unfortunately, enterprises don’t have the luxury of simply plugging and unplugging technology into their digital ecosystem the way we as consumers unplugged our Sony Walkmans in favor of iPods and iPhones. This is especially true as we look to artificial intelligence (AI). AI has the potential to produce game-changing business outcomes based on data stored in legacy systems—if enterprises can figure out how to make it work.
The CIO’s role is becoming more business-focused. As such, CIOs need to think more in terms of dollars and tangible business impact than ever before. MuleSoft experts recently published a framework to help IT leaders articulate the value of integration. In this blog series, we’ll go further into a significant integration value driver: the reusability of integration assets. Or, simply, reuse.
One of the most important parts of an organization’s API ecosystem is the community of developers who build applications that consume its APIs. The success of an API strategy often depends on understanding the target audience of developers for your APIs, identifying their different sub-groups, and then consciously growing the community.
Mike Amundsen recently joined MuleSoft as API Strategy Advisor. Mike is a well-known API expert in the global software engineering community and has authored and co-authored numerous books including “RESTful Web APIs,” “Microservice Architecture,” and “Continuous API Management,” all from O’Reilly. His latest book, “Design and Build Great APIs,” will be available through Pragmatic Bookshelf later this year.
As the API economy matures, not only are more and more companies publishing their digital services through APIs; an increasing number of organizations are working together to deliver API-based products that are mutually beneficial for themselves, and valuable for their collective customers.
MuleSoft provides the most widely used integration platform for connecting any application, data source or API, whether in the cloud or on-premises. With Anypoint Platform®, MuleSoft delivers a complete integration experience built on proven open source technology, eliminating the pain and cost of point-to-point integration. Anypoint Platform includes CloudHub™ iPaaS, Mule ESB™, and a unified solution for API management™, design and publishing.