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What is API Management?

API management is the process of developing, designing, monitoring, testing, securing, and analyzing APIs for organizations. API management platforms provide a robust set of software and processes  with this functionality, hosted on premises, in the cloud, or a hybrid environment.

API management enables organizations to make both their public and private APIs consumable and scalable. A full-lifecycle API management platform offers these benefits by including functionality for developers to easily discover and use APIs, while also enabling organizations to control access, analyze usage, and enforce security & governance policies of APIs.

In effect, API management platforms are used to govern an enterprise’s entire API ecosystem, managing the API lifecycle from beginning to end.

API management can offer a variety of features; however, the majority of API management solutions allow users to perform the following tasks:

  • API design - API management solutions provide users – from developers to partners – the ability to design, publish and deploy APIs as well as record documentation, security policies, descriptions, usage limits, runtime capabilities and other relevant information. 

  • API gateway - API management solutions also serve as an API gateway, which acts as a gatekeeper for all APIs by enforcing relevant API security policies and requests and also guarantees authorization and security. 

  • API store - API management solutions provide users with the ability to keep their APIs in a store or catalog where they can expose them to internal and/or external stakeholders. This API “store” then serves as a marketplace for APIs, where users can subscribe to APIs, obtain support from users and the community and so on. 

  • API analytics - API management allow users to monitor API usage, load, transaction logs, historical data and other metrics that better inform the status as well as the success of the APIs available.