API as a Product
Most application programming interfaces (APIs) are sets of rules and protocols that allow different software applications to communicate with each other. They allow different software programs to interact with each other by exposing the functionality and data through a set of defined interfaces.
APIs are important because they allow different software programs to share data and functionality, which can greatly increase efficiency and reduce development time. They also allow for the integration of new technologies and services into existing systems, making it easier to add new features and capabilities.
APIs are becoming increasingly important in today’s digital economy as they allow companies to share data and services with partners and third-party developers to create new products and services. They also allow for the automation of business processes and the creation of new revenue streams.
In this chapter, you will learn how to think about APIs as products. We will cover the following topics:
- Building with APIs
- Software-as-a-Service
- Establishing APIs as products
- Types of APIs
- Business models for API products
- Who builds APIs and who uses them?
- Notable API products that are shaping the API landscape
- Defining success for a product
By the end of this chapter, you will have learned about how you can think of APIs as products, how APIs are establishing themselves as a category of products, and some of the most prominent API products.
