API Management Software

These products are often used to create, publish, and monitor application programming interfaces (APIs) in a secure and scalable environment. The software generates reports on API usage, allowing the API publisher to gain insight into subscriber behaviors. Other functionalities include controlling access to APIs, monetization of APIs, and the ability to manage and secure API traffic. Products in this category often aim to make application development easier and enhance developer productivity. Key features to look for include publishing tools, developer engagement, user profiles, authorization, single sign-on, and token authentication capability.  Read the full software guide...

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What is API Management Software?

API management is an IT process that involves overseeing application programming interfaces in a scalable and secure environment. It serves as the backbone of most digital- and online-based businesses.

API management develops, documents, analyzes, and publishes APIs in an appropriate and professional manner. Through an efficient API management solution, businesses and organizations will be able to make sure both the internal and public APIs they develop are secure and consumable.

The main purpose for API management is to enable businesses and organizations that publish or use API to keep track of their interface’s lifecycle and make sure the needs of developers and applications utilizing APIs are being efficiently met.

Application programming interfaces are the connective tissue, the glue, that connects applications. This is true for both consumer apps as well as internal enterprise apps.

API management solutions, over the years, have become more and more common as business and consumer apps proliferate across the digital industry. But, with the rise of APIs in terms of significance, comes the need for better practices of their creation, management, and maintenance.

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Types of API Management Software

The API management solutions available nowadays offer a wide range of features and capabilities. Most API management software solutions provide users with the ability to perform a variety tasks to develop, manage, and maintain their APIs, allowing them the opportunity to customize their applications to match their needs and preferences.

The design aspect – API management solutions give users the freedom to publish, design, and manage their APIs in a secure and efficient manner and using the right platform. They allow users to record documentation, descriptions, security policies, runtime capabilities, usage limits, and other essential data.

As gateway for API – Most API management solutions likewise act as an API gateway, acting as a gatekeeper or a security measure for all APIs. These solutions enforce essential API security requests and policies, as well as guaranteed authorization and protection.

API store/marketplace – API management solutions allow users to enjoy a reliable means to place created APIs in a store or catalog. This way, users can share their creations with both the external and internal stakeholders.

API analytics – API management solutions also enable users to keep track of API usage, transaction logs, load times, historical information, and other crucial metrics they might need to properly assess the status and performance of their APIs.

When it comes to API management software solutions, there is a wide range of products available to address your specific needs. Some products offer similar features and capabilities, while others provide users with a bit more.

How to Choose API Management Software

API management is the practice of managing application programming interfaces. It is a process that organizations employ to properly manage and maintain their APIs. For that reason, it is crucial for organizations to find the right API management solution with features and capabilities that help make the entire process run smoother and more efficiently.

An API management solution should provide a reliable means for businesses to catalog their APIs, incorporating metadata like the subject matter, API description (which includes all the available versions of the API), user-friendly documentation, API taxonomy, and runtime capabilities.

Additionally, such software solutions should also be able to provide a good way for users to act on or implement the catalog, which allows users to share their APIs to internal and/or external developer communities.

A good API management software solution should also be able to serve as a system of record for API utilization, making the catalog more enriched with valuable information. With this kind of capability, users will be able to obtain crucial data about their APIs in the form of metrics which can then be utilized to determine key performance indicators.

Benefits of API Management Software

API management solutions are designed to help businesses and organizations to build, publish, and keep track of application programming interfaces. Such products are meant to offer developers and IT teams a secure and scalable platform for their API designs and creations.

The right API management solution is capable of generating reports on key information with regards to APIs, including API usage. The majority of the products also enable users to gain valuable insight into the behavior and actions of subscribers.

Other core functions that normally come with API management solutions include control access to APIs, monetization of APIs, and the ability to efficiently manage and protect API traffic.

Common Features of API Management

API Application Programming Interfaces (APIs) are programmatic intersections with external products or platforms that allow for custom integrations with your own solutions or other solutions you are using.
Batch Permissions & Access Control user or group access and permission settings for software or other systems.
Data Export Exporting functionality can be used to streamline the migration of data sets and information across systems, platforms or applications.
Data Import Importing functionality allows you to use data sets from other systems or platforms to cut down on data entry requirements or to more easily migrate records from similar applications you have used in the past.
External Integrations Integrations with other software products or platforms to improve efficiency and compatibility across systems.
Multi-User Supports more than just one user account and generally allows for collaboration with colleagues.
Notifications Includes notification support and sends you alerts with information on important events and other time sensitive instances. For example through push notifications on mobile phones or email notifications.
Password & Access Management Manage passwords or access to systems for yourself or your organisation.

Latest User Reviews of API Management Products

Aritic Mail
Bhushan Kulkarni
18 Oct 2015

DigitMarket API Manager
shalu nels
29 Oct 2020
"DigitMarket API manager for a B2B learning..."

DigitMarket provided a high degree of flexibility through customizing specific features such as custom flows for partner onboarding,...

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