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For over 25 years, Torry Harris' focus on integration solutions has fostered seamless digital connectivity, enabling better and faster commerce for businesses through platform business models.
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Cloud & Automation: Changing CSPs’ OpEx outlook
Modern devices and applications communicate with each other with the help of internet communication tools and technologies. The devices either speak the same language or there are now translating functions, a common language that both parties can understand, to help them communicate with each other. APIs or Application Programming Interfaces function as software intermediaries which enable seamless communication between applications, devices and components.
With the help of APIs, businesses are able to better address the time-consuming and expensive process of integrating disparate systems. They can now easily connect and transact with the outside world; third-parties, partner channels and other businesses, thereby creating newer revenue channels.
While APIs have great potential, a solid API strategy is needed to get the most out of the APIs being built by businesses all over the world. A robust API Strategy, among other things should help a business determine how to engage with the API economy, which APIs to publish, API design guidelines such that it meets the needs of real consumers and most importantly, how it enables business ecosystems.
API management as the name suggests, helps manage the entire lifecycle of APIs – from the initial planning, design and documentation of APIs to deploying them and tracking their usage till their retirement. The API strategy of an organization sets the context for API management. The core functionalities of API management include:
API management acts as an anchor to the organization’s digital platform objectives, while also centralizing the control of API programs, including their governance, policies, access control, analytics, developer workflows, and monetization.
Most market-leading API management products provide out-of-the-box functionality to address the different API management needs of enterprises. A few stand-out in their ability to meet the strategic digital platform goals of an enterprise. One such is DigitMarketTM , a digital marketplace solution, which has the API management component built into its capability, as an integral part of the offering.
A very practical use for APIs and API management to an organization is in growing revenue through building platform ecosystems. DigitMarketTM does just that - accelerates the creation of platform-based ecosystems with an integrated API management component. The solution is being used by enterprises for optimizing, monetizing, and accelerating enterprise digital transformation initiatives.
"Torry Harris has a long heritage ofspecializing in integration, service-oriented architecture(SOA), and APIs. Of particular note is DigitMarketTM - a digital marketplace offering that embodies much of thefirm's thought leadership on API-basedplatform business models, including a built-inAPI management solution."
CLICK HERE to know more about DigitMarketTM API Manager and digital marketplace solution.
Categories : Digital Transformation , Integration , API Management
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APIs have gone beyond technical development opportunities and are now bringing strategic value to businesses. They are opening new revenue lines. Whether it is the Printicular app from MEA labs that leveraged Walgreens’ photo printing and pharmacies through an API or APIs provided by Salesforce.com, Expedia, Zapier, and Google, revenues have skyrocketed.
The role of Global Capability Centers (GCCs) has become crucial in the operational strategies of multinational companies, providing a combination of cost efficiency, skilled talent, and innovation. In 2024, the emergence of artificial intelligence (AI), cloud technology, and digital ecosystems is reshaping the landscape for GCCs.
In an era of increased globalization, businesses are actively seeking opportunities beyond their local markets to access a diverse global talent pool.
(THIS) has been cited among notable vendors by Forrester Research in its report ‘The API Management Software Landscape, Q1 2024’. The report recognizes Torry Harris as a provider offering API management solutions with a geographic focus in the EMEA & APAC regions.
Forrester observes that the initial rush to “lift and shift” to the cloud has now been replaced by a focus on modernization and digital transformation. Cloud migration is the first step in a long journey to take advantage of the latest cloud-native technologies and services.
Torry Harris is a 'Strong Performer' in The Q3 2022 Forrester Wave™ for API Management Solutions. This report shows how each provider measures up and helps technology architecture and delivery (TAD) professionals select the right one for their needs.