Many companies are quickly realizing the potential of APIs (application programming interfaces) to better serve their business objectives. APIs enable the sharing of large amounts of data in a quick and efficient way. For example, healthcare organizations have begun to use APIs to share patient information across departments while complying with HIPAA. Another good example is travel websites, which use APIs to aggregate data from airlines. Whatever the business, the need is the same — to share large amounts of data in a secure and efficient manner.
But without tightly-led API management, they can cause more problems than they solve. Poor management can lead to security breaches, unnecessary downtime and lost opportunities for revenue.