Gartner Research

Top 10 Things CIOs Need to Know About APIs and the API Economy

Published: 25 January 2017

ID: G00318859

Analyst(s): Paolo Malinverno , Mike Gilpin , Kristin Moyer , Mark O'Neill

Summary

Application programming interfaces open new business opportunities. However, too many CIOs make the mistake of seeing APIs as technology only, instead of basing their company's business models, digital strategies and ecosystems on them.

Table Of Contents
  • Introduction
  • 1. Your (Digital) Strategy Drives Your API Program
  • 2. Tailor Your API Experiences for Your API Consumers
  • 3. Use Hackathons, but Understand Their Limits
  • 4. If You Build It, They Might Not Come
  • 5. Monetization Is Much More Than Charging for Calls
  • 6. APIs Enable Bimodal, and Bimodal Requires APIs
  • 7. APIs Are Doors Into Your Data and Applications: Security Matters
  • 8. Don't Build Your Own API Management
  • 9. Modern Application Architecture Relies on APIs
  • 10. Consuming APIs Will Be More Common Than Exposing APIs

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