The application program interface is a GUI/ CUI/CODE BASED interface through which multiple services are connected so that they can socialize and transfer data between each other. API is leveraged to ensure I/O Ops between distributed services. API Economy is witnessing double digit growth.
API is leveraged by SERVICES and PROCESSES to communicate and transmit data between each other.API is leveraged for INTER-PROCESS and inter-service communication. The majority of the website, apps, and software are leveraging API technology.
The API is omnipresent across web technologies and mobile technology, be it on-prem, cloud public, or cloud private all the software which are running across the globe is connected via APIs. API ECONOMY is booming via the SAAS route.
The main API standards which hold the majority share in the API ECONOMY are:
1) SOAP
2) REST
3) GRAPH QL
4) GRPC
The most popular is the RESTFUL, all of the 4 major API types mentioned above are leveraged across billions of devices and servers.
API Economy is booming, API growth is seen in both the FIRST PARTY and the THIRD PARTY API space. API Consumption has seen tremendous growth in both the public and private domains.
API CREATION SCENARIO:
Users can create a GUI-based API SOLUTION for both the first-party and third-party integration via leveraging MVC BACKEND like LARAVEL and connect all the supporting resources, dependencies, libraries, and third-party APIs to the source code.
MVC frameworks have supporting libraries and files to supplement the API DEVELOPMENT PROCESS for the API authors.
APIs are packed and shipped in the SAAS model, which is currently the most widely accepted model both in the retail and the business space. API solutions with good developer experience solving the right pain points is the need to the day, enterprises are willing to spend millions to get the API INFRA right.
API solutions are well integrated with business vision, protocols, standards, and most importantly the BUSINESS LOGIC, Both first-party and third-party APIs offer lots of features and flexibility.
API can be broadly classified into two:
1) SERVICE APIS
2) INTERACTION APIS
Creating APIs is one thing, but it needs to be managed as well, So API management needs to have set SLAs and KPIs to monitor the health of the API and if some error is encountered then the rectification mechanism has to be in place to deal with errors and exceptions.
RATE LIMITING, LATENCY, and DATA BANDWIDTH need to be well optimized and well synchronized with the scaling of the application load.In API ECOSYSTEM the API has to socialize with other APIs and software to carry out data transmission. API use cases and business cases are important factors in deciding the type of APIs that need to be implemented.
The API that is leveraged for solving business logic will be termed a service API. The API which is leveraged to carry out socialization between multiple services and service API is called socialization APIAPI solution helps massively in load balancing, internet security, cryptography, maps, business processes, IOT, streaming, social media, banking, and much more…
The APIs ecosystems have helped businesses scale all across the globe, APIs provide both service and interaction level flexibility for the tech and cloud vendor to optimize the infrastructure and scale up and down based on the current traffic load.
The APIs are connected to users via API Endpoints, The API endpoints are the points on the web, where the user will be routed to consume public/private API data.
API data will be transferred in JSON, and XML format (Rest and GraphQL leverage JSON and XML formats)
Private API endpoints are for internal usage of the enterprise and have no public access, they abide by strict access control.Public API endpoints as the name suggests are for public consumption, they are more prone to cyber-attacks and rate-limiting attacks, and they leverage the same technologies as the private Endpoints but their URL visibility is in the public domain.
Diagram
The article above is rendered by integrating outputs of 1 HUMAN AGENT & 3 AI AGENTS, an amalgamation of HGI and AI to serve technology education globally.