Top 5 Key Solutions of API Management

API management is the process of overseeing application programming interfaces (APIs) in a secure, scalable environment. The goal of API management is to allow organizations that either publish or utilize an API to monitor the interface's lifecycle and ensure the needs of developers and applications using the API are being met.

Due to the growing web APIs, organizations are increasingly requiring API management solutions. API management solutions can be deployed for both on-premises and cloud-based infrastructures. The enterprises are in continuous need of consumable APIs that can securely transform back-end capabilities, further driving the demand for efficient API management solutions.

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API management solutions provide a scalable and secure environment for governing APIs. These solutions allow API publishers to monitor their APIs lifecycle and facilitate the availability of these APIs to developers and applications. Organizations are increasingly adopting API management solutions as they provide various functionalities such as automation, consistency, traffic monitoring, memory management, and security, which help them in realizing business value.

Prior to 1990, the Service Oriented Architecture (SOA) management solutions consisted of protocols such as Simple Object Access Protocol (SOAP), which are complex and lacked standard for design and usage. In order to overcome these complexity issues, the Representational State Transfer (REST) protocol was introduced in XX. The REST protocol offered interoperability standards. Owing to this advantage, major photo sharing and social media platforms such as Facebook and Twitter launched their APIs, which enabled sharing of information. This caused drastic increase in the amount of APIs, so organizations had a need to better manage their APIs and increase the security of their offerings. Thus, API management solutions were introduced. API management solutions provided added features over SOA management, such as key management, metering, and billing. Owing to these factors, API management has proved to have the potential for future growth.