The API Economy in 2018: Predictions

The proliferation of APIs across all facets of life continued to explode in 2017. As we reflect on the past year, we have a few thoughts on where we see the API economy heading in 2018. [Before we jump in – see our past predictions for 2017].

Openness Is The Standard

Looking ahead to what is on the horizon for 2018, we see the accelerating momentum of being more open and transparent through APIs. There are a few different sectors where you can see this really mobilizing. The first is in financial systems, with the catalyst of PSD2 adoption. Europe leads in privacy laws and this open initiative is forcing large financial institutions to consider how they would openly connect to the public market with transparent and secure APIs. https://goo.gl/2tTMA1 #DataIntegration #ML

Understanding Hybrid Integration Platforms

ICYMI: Based on the research of researchandmarkets.com, the market cap for Hybrid Integration Platforms (HIP) will grow from $17.14B in 2017 to $33.6B in 2022. This shows the importance of the Hybrid Integration Platforms and their relevance to enterprises. First of all, it is essential to understand the concept. The term “Hybrid” means a combination of more than one entity (most of the time 2). I drive a hybrid Toyota vehicle which runs on electricity (battery) as well as fuel (petrol). In the world of integration, hybrid means integrating systems which reside both on-premise and in the cloud.

When it comes to “on-premise” systems, they can be running on physical hardware, virtual machines, containers, or in a virtual private cloud. The meaning of an on-premise system in the world of integration is that the user has control over application maintenance. https://goo.gl/DmTxzk #DataIntegration #ML