Frontegg raises $5M in seed round to accelerate SaaS innovation Read more

API Management

What is API management?

With the huge usage of mobile phones and applications, the API model is becoming more and more attractive for companies given the market demand. Users want companies to be able to communicate in an easier, faster, and more efficient way. It is exactly what API management allows users to do. API management SaaS is not a new concept but with the rise of apps, it became more important than ever.

  • API management is the foundation of today’s digital economy

Core elements of API management

API governance

API management is impossible without API governance so we will start with that core component first. So what exactly is the API governance function? This component assists developers in their task of providing the best possible experience for end-users by providing the necessary authentication, authorization, and access to documentation. Using mobile phones without applications is almost unthinkable today. To create a successful API for mobile users, developers must rely on the help of API governance.

API analytics

Second and another crucial element of API is analytics. It is in charge of managing, storing, and analyzing data obtained via dashboards. Analyzed data enables developers to better understand how their API works and what users pay the most or least attention to. So, through the API analytical development, they get useful insights on what should be worked on additionally and what has been done well so far.

API security

The third element is certainly the most important element. Data protection in today’s digital world is the primary goal of all digital organizations. In order to successfully protect data from sophisticated cyber-attacks and threats, it is necessary to have complementary layers of security in addition to standard authentication and authorization processes. A balance is needed here. There needs to be strict control over sensitive and confidential data on the one hand and easy access by developers to the needed information on the other. Therefore, the identification and classification of confidential data must be the primary concern of all API management platforms.

If the management platform does its job perfectly, then the experience of the developer (including the entire developer lifecycle from start to finish) will be positive. Once again the platform is the one that, through successful governance, should provide all the required documentation (built-in stand and interactive documentation) and API registration keys.

  • API can be used to send messages, images, and videos

SaaS API architecture 

Just like API management, API architecture has its core elements too. API architecture consists of an API portal, API gateway, API analytics, and API lifecycle management.

API Portal

The purpose of quality API portals is to inform consumers of API changes. For developers, they are essential as a means to enter, engage, and manage their APIs. Lastly, they represent a link between users and providers.

API gateway

A SaaS API gateway presents an API to a user and because of that, it is an essential part of the whole architecture. Any problems related to the gateway may cause a problem or failure of service. Therefore, secure connection both inside and outside of your organization is of paramount importance.

API gateways are getting more popular especially in the B2B market as an efficient alternative to the traditional approaches. The biggest challenge for enterprise organizations is the need to keep everything running smoothly and without any problems.

Additionally, microservices and micro-gateways are used by cloud API management enterprises. 

Conclusion

The domination of API-driven business is ubiquitous in almost all branches. More organizations are realizing that with the help of the API, better communication with customers can be achieved, greater data security can be provided, and it is easier to access the necessary data from various sources.