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Accenture API Management Suite drives a unified approach across the API lifecycle stages to create and manage a curated set of APIs that achieve business innovation and agility
Application programming interfaces (APIs) are quickly being promoted as something every organization needs, given the need to share data across applications. They provide a common platform of functionality that minimizes rework and accelerates development.
As business-level artifacts, APIs enable new business models and modes of efficiency. This includes interacting with customers over new mobility and social channels; reaching new customers through partner and third-party apps; monetizing data and services for use by others; and maximizing IT efficiency. Across these scenarios, APIs are key to successfully scaling IT capability and unlocking business innovation and agility.
Furthermore, APIs offer a simplified interface to access valuable business data and functionality through Internet standards that developers understand. The right set of APIs enables a framework for internal, partner and external users to reuse, evolve and scale organizational capability. New users and use cases can begin consuming data and services via APIs—without the need to re-implement back-end services.
There is a big difference between an ad hoc set of APIs, compared to a carefully curated and managed set. Without a structured approach, APIs lose the simplicity that makes them valuable. Achieving structure requires an API program that covers the APIs through the five specific stages of strategy, governance, design, build and operation. Together these stages work towards specific outcomes such as creating a common services platform, a self-service model or a unique offering.
Accenture API Management Suite helps companies regularly revisit the stages of the API lifecycle to effectively allocate resources and introduce updates (for example, add/remove APIs, monetize, versions, etc.) based on changes in usage and the desired goals.
We can help businesses develop an API-led strategy that will yield optimal business results. Accenture API Management Suite incorporates the elements that provide a self-help model for developers while helping your business innovate and grow.
Read how application program interface (API) represents a novel stream of revenue.
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