3 main requirements drive API Management solutions
- API Security – Organizations must ensure that published APIs do not pose a security liability. Uncontrolled access to sensitive information from data, content and services cannot be allowed, and the underlying systems must be protected with authentication, rate limiting and quotas.
- API Governance – Central governance of the APIs, reducing a lot of the technical debt and double-work. API discoverability, API reusability, API lifecycle, rich API documentation, API monetization. Portal capability, connecting API Developers to API Consumers.
- API Analytics – Centralized gathering and analysis of API Analytics, providing real time dashboards. Understand API usage and performance through interactive reporting, for both API Developers and API Consumers.