Top 3 benefits of APIs and how to dial up their potential with API management

Top 3 benefits of APIs

1. Increased efficiency for cost savings
   When time to market is critical, APIs make it easier and faster to integrate cloud applications and services with non-cloud and legacy systems as the basis for new services and business strategies. Developers working with APIs have more options to build, scale, and update system architecture in response to changing requirements. Likewise, APIs also make it easier to use customer data to deliver more personalized experiences or enable businesses to share information with partners and develop new joint products and strategies for monetization.
2. Streamlined workflows for scalability
   Helping development teams streamline workflows, reduce redundancies, and deliver systems that smoothly interact with external applications, APIs provide the glue that allows different digital assets to communicate and interact.
3. Access to automation for better performance
   What’s more, as AI and machine learning technologies evolve, developers can access sophisticated tools such as natural language processing, predictive analytics, and personalization engines to assist in automating documentation generation or creating test cases. Organizations that adopt AI-powered APIs stand to unlock new opportunities to automate workflows and deliver value-added services, reshaping how whole industries operate and engage with customers. Furthermore, the integration of AI capabilities within API development environments is set to enable predictive analytics to detect potential performance bottlenecks or security vulnerabilities.

Managing and securing your APIs

As API numbers in companies continue to multiply, having clear visibility over your API ecosystem becomes a much more nuanced challenge. It’s not only essential to maintain an accurate inventory of APIs, but also monitor them for compliance, anomalies, or attacks. This calls for maintaining centralized control of the ecosystem to shore up security and efficiency.

SAP Integration Suite offers best practices in API management and security to help companies get ahead of and control API sprawl and API duplication. Offering comprehensive capabilities for designing, developing, testing, deploying, managing, governing, securing, monitoring, and monetizing APIs, a single, harmonized interface provides your developer community with a unified, more secure, and compliant API environment.

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The suite gives you the flexibility and scalability to manage SAP and third-party APIs and provides analytics to heighten API adoption and monetization. Embedded functionality helps users in designing, developing, deploying, versioning, and retiring their APIs, while governing them in a way to minimize risks that can arise when APIs are broken, exposed, or poorly configured. Meanwhile, your developers can innovate and create new applications in collaboration with internal and external organizations by using customizable portal services and self-service access. The reliability and optimal performance of your APIs are protected by AI-based anomaly detection capabilities that expose deviations from expected patterns and help proactively identify security threats in application use.

Whether it’s integrating on-premise and cloud applications, leveraging data to personalize customer experiences, sharing information with business partners, or speeding development cycles, APIs are more important than ever. And managing APIs in this interconnected world has become a significantly greater challenge.