API management is the process of designing, creating, publishing, documenting, and analyzing application programming interfaces (APIs) in a secure development environment. API management includes implementation of usage policies, access control, interactions with the subscriber community, collection and analysis of usage statistics, and performance reporting. API software aids in API designing, deployment, and maintenance.
APIs enable individual programs to communicate with one another directly and use each other’s functions. An API acts as a window between data and functionality. APIs allow developers to write applications that interact with backend systems.
Uses of API Management Software
API management software solutions can act either as a proxy, an agent or in a hybrid capacity. These solutions provide APIs with proper documentation, optimum security, thorough testing, regular versioning, and high reliability. The process of managing API functions includes API creation, publication, securing, and monitoring.
API management software provides users the ability to design, publish, and deploy APIs; record documentation, security policies, descriptions, and usage limits; a sandbox environment; backward compatibility; high availability; runtime capabilities; and helpful information. API management tools serve as a gateway for all APIs by imposing API security policies and ensuring authorization and security. API management solutions feature an API store that exhibits APIs to internal and external stakeholders. API management software monitors API usage, load, transaction logs, historical data, and other metrics to inform users of the status and success of APIs.
The functions of API management tools include protection of APIs from misuse, memory management, traffic monitoring, automating & controlling the connections between APIs, and ensuring uniformity in multiple API implementations and versions.
API management solutions have applications throughout the lifecycle of an API. These solutions help users automate the connections between an API and the applications using it. They assist administrators in monitoring connection consistency, traffic, and security. Finally, API solutions include tools for editing and managing APIs.
An API management solution can be delivered through a cloud-based SaaS model, on-premises through a private cloud, or even through a hybrid cloud approach. Enterprises must adopt API management solutions to enable self-service for partners & developers, increase the speed of delivery for external integrations, boost visibility over developers & partners, and optimize on boarding of solutions.