API Strategy

This page describes what API strategy is, the formulation and execution of the strategy.

API stands for Application Programming Interface. The primary function of APIs is to enable applications to exchange data in a safe and secure way. Basically, an API is the point of contact between two applications. A real-life example would be a postman who delivers a letter from one person to another.

An API strategy highlights how APIs are going to be impleneted into an organisation. APIs have "become key facilitators of digital transformation — especially as organizations increasingly move data and applications to the cloud."

Sponsor	Scope	Stakeholders
Head of Digital/CIO	Enterprise-wide	Internal and external developers IT and business managers

Sponsors' Concerns

1. API as a product vs. API as a technical integration

2. Inside-out vs. Outside-in perspectives

3. API monetisation

4. Public, private, and partners API consumers

5. API platform selection

FORMULATION

PLAN

ENGAGE

DIAGNOSE

DECIDE

GUIDE

DEFINE OKR

EXECUTION

ACT

REPORT

RETROSPECT