Accelerate business innovation by improving API program maturity

This webinar offers valuable insights into the critical role of APIs in driving business innovation and the importance of maturing API programs. Through real-world examples and practical strategies, it provides a roadmap for businesses to enhance their API programs, ensuring they are efficient, secure, and aligned with business objectives.

Key Discussion Points:‍

1. APIs Fueling Business Growth

The webinar begins with an emphasis on the significant role of APIs in business growth, highlighting how companies leveraging APIs have seen an 11x growth. The valuation of API-centric companies has crossed the 1.5 trillion mark, underscoring the importance of APIs in modern business strategies.

2. API Maturity and Business Transformation

The speakers discuss how API maturity has evolved from a purely technological aspect to a crucial enabler of business innovation. They cite examples like Cargo Smile, which adapted to new business models during the pandemic using APIs, demonstrating the transformative power of mature API programs.

3. Challenges in Scaling API Programs

As API programs expand, they face challenges in managing lifecycle, security, and governance. The webinar addresses the complexities of scaling API programs, emphasizing the need for structured approaches and automation to maintain efficiency and security.

4. The Perfect API Program

David Freeman humorously contrasts the idealized 'perfect' API program with the more common, challenging realities faced by businesses. He highlights the disparity between the ideal and the real, setting the stage for discussing practical strategies for API program improvement.

5. Improving API Program Maturity

The speakers advocate for a DevOps approach to API programs, focusing on iterative improvements. They stress the importance of assessing, designing, building, and monitoring improvements in a continuous cycle to enhance API program maturity.

6. Case Studies

Real-world examples, including Tonic Bank and Equifax, are discussed to illustrate the application of these strategies. These case studies demonstrate how structured approaches and best practices can significantly improve API program maturity and business outcomes.

7. Managing API Lifecycle and Evolution

The webinar concludes with insights on managing the lifecycle of APIs, emphasizing the importance of keeping track of API usage and gracefully deprecating outdated APIs to avoid 'zombie' APIs and resource wastage.

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