Monetizing on APIs with better API Management and monitoringAn ontology for API governance

Nuwan Bandara2010/017

Introduction to the domain• What are APIs (Application Programming

Interfaces)• APIs are the integration between businesses and

between businesses and their customers

• Why APIs, business critical• Communication and being informed are treated as

the most valuable attributes in todays business

• What is the real requirement• Business unit ‘A’ needed to know what business unit

‘B’ is doing with business partner ‘X’

Problem Overview• Covering the costs of an integrated platform

• Problems in creating ROI by exposing services and information

• How all these being governed

Motivation• Service provisioning is a timely topic

• Global financial meltdown, scraped IT expenses

• Governance in terms of service provisioning is over looked

• Small businesses are crushed without proper standards for API management and monetization

• Opportunities to generate revenue via IT are being neglected

Aim

• Create a management and a governance framework for services, which are exposed by organizations and provide a solid foundation to create ROI from their IT investments

Objectives

• Will realize the Aim using• A literature review on the subject area• A series of qualitative and quantitative

analyses• to gather context details about the problem

domain, about service consumer, developer & integrator

• A Gap analysis• of what’s being implemented and used versus

what’s required by the business.

• Solution as a POC• Solution evaluation

Understanding of the area• Banks Should be Banking on APIs and Apps• Gartner, 2012

• REST APIs gain added importance in application integration design• Gartner, 2012

• Towards Open Telco - Business Models of API Management Providers• 11 Proceedings of the 2011 44th Hawaii International Conference

on System Sciences, 2011

• “Instapaper” and the Concept of Monetizing Your API• ProgrammableWeb, 2012

• Monetization Strategize for Mobile Operators• CISCO, 2010

Methodology• Evaluate literature, to identify proposals for a

possible solution

• Fact gathering from the large organizations and smaller organizations on their services strategy

• Analyze current implementations

• Analyze current governance practices

• Propose a technical solution to standardize the API provisioning and governance

Critical evaluation of the solution• Compare with current industry

implementations

• Compare with current literature

• Get feedback from industry experts

• Get feedback from API providers, subscribers and app developers

Questions ?