Dear Axway Amplify Customers,
APIs have a crucial role in digital transformation, driving innovation, efficiency, and growth. Yet, as enterprises increasingly adopt API programs, challenges in governance and security often stand in the way of realizing their full potential.
This year Axway paired up with Vanson Bourne, an enterprise technology market research expert, to provide you with valuable insights into enterprise’s API maturity. The survey reveals several key points:
Multi-cloud strategies: unlocking flexibility
With close to one-third of APIs now hosted in multi-cloud environments, enterprises seek flexibility, performance optimization, and regulatory compliance.
Governance: navigating complexity
A striking 78% of decision-makers lack visibility into their organization's APIs, highlighting the risks of unmanaged digital assets. A centralized API catalog emerges as a critical solution, cited by 95% of respondents as essential for improving governance, security, and growth.
Unmanaged APIs—"zombie" and "shadow"—constitute a major security risk, with 74% of organizations acknowledging over 20% of their APIs are unmanaged. Decentralized security practices worsen these vulnerabilities.
API productization: driving business value
85% of enterprises now treat APIs as products, integrating them into go-to-market strategies. Yet, ensuring clear business use cases and performance metrics remains a challenge.
Monetization: tapping into new revenue streams
Over half of enterprises monetize APIs, but many struggle with measuring ROI effectively.
At Axway, we are committed to collaborating with you to overcome these challenges and make your API strategy successful.
We are proud to stand by your side as you navigate the evolving API landscape and grow your API program into a driver of business excellence. This commitment to your success has been recognized: Axway has been named a Leader in the 2024 Gartner® Magic Quadrant™ for API Management—for the 9th time!
Thank you for trusting Axway as your partner in API management. Together, we will continue to innovate, grow, and ensure your API strategy reaches new heights.
Looking forward to meeting at our Axway Summit 2025!
About the Author
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