Over the last few years we’ve witnessed the emergence and maturation of Mobile App Economy, Sharing Economy and now the API Economy. The convergence of these technologies has created new opportunities in the Enterprise space for software innovation.
Application programming interface (API) allows companies to expose business capabilities and services. These APIs can be invoked from a browser, mobile app, or any Internet-enabled endpoint. There are governance and security concerns that must be built to support security, performance and data transfer speeds.