Companies that adopt a federated API management (APIM) approach will master the complexities of multi-cloud architectures and emerge as winners in the digital marketplace. Follow these five steps to bring together disparate tools, portals, and governance models in a single pane of glass that does away with complications.
01 Unify your API catalog
A federated APIM solution offers stakeholders across your ecosystem a single catalog of APIs that spans multiple clouds and environments. This central catalog enables the automatic discovery of APIs, keeping them secure and in compliance.
02 Turn APIs into products
By managing APIs across a federated system, you can turn them into products that are attractive to new customers and partners. This way, API product managers become important evangelists for driving API adoption and revenue.
03 Reduce API sprawl
Unmanaged APIs present security risks and create disconnects between different teams inside and outside your business. A federated approach helps you identify duplicate, lost, or unauthorized APIs, reducing security vulnerabilites and operational inefficiencies.
04 Shorten time to market
If APIs are hard to monitor and find, development and adoption can slow to a crawl. By taking a federated approach, you can streamline API development and adoption and get your next digital initiative to market faster.
05 Monetize APIs
A federated API platform allows you to monetize APIs with a marketplace model. Charge customers and partners directly for API usage, introduce operational efficiencies that bring down costs and boost ROI, or create new business opportunities through API-enabled services.
Ready to unify your API ecosystem with federated APIM?