Published: 12 June 2024
IT spend on AI-based projects is diverting spend from non-AI-enabled technologies. To succeed in an AI-centric world, API management product managers need to reimagine their products while stressing their capabilities in AI use cases and adding AI-based features to improve product value.
Providers selling API management and development solutions without an AI flavor are finding it difficult to compete for IT attention and investment.
API management vendors have an opportunity to become a key part of AI-powered deployments by optimizing the consumption of expensive resources; easing integration across multiple models, bots and agents; andmonetizing new AI-enabled capabilities.
Product managersresponsible for product innovation should:
Stress the importance of how API management supports AI-focused applications by clearly defining AI-focused messaging and use cases.
Build new AI-focused capabilities across the API management landscape so that the revenue being spent on AI can be captured.
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