IBM Helps Prepare Clients for the Growing API Economy

The application programming interface (API) economy is approximated to be a $2.2 trillion market by the year 2018 and, over the next two to three years, enterprises with an API program are expected to increase by 150%. To help organizations take advantage of the API economy, IBM has announced API Harmony with intelligent cloud-based API matchmaking technology for developers as part of a series of technology, product and services announcements to advance the growing API economy. IBM API Harmony, a cloud service available through the IBM Cloud on Bluemix, its cloud platform, provides a unique developer experience using cognitive technologies such as intelligent mapping and graph technology to anticipate what a developer will require to build new apps, make recommendations on which APIs to use, show API relationships, and identify what is missing.

IBM is a founding member of the Open API Initiative, a consortium of industry experts who recognize the value of standardizing on how REST APIs are described. To further help facilitate the development of industry standards around open API development, IBM is also announcing its participation in two key standards organizations in both banking and healthcare to ultimately allow clients to quickly and easily integrate APIs into their digital services.

For more on IBM’s new solutions and services to advance the growing API economy, go here. 

For more on the new Open API Initiative, go here.