The API Economy is changing the way we think about building applications (apps) and how business value is created. Several technology trends and digital economic trends (for example, the App Economy, Sharing Economy, and API Economy) are converging with industry, creating new opportunities for innovation and customer value:

• Industry-specific API ecosystems are growing rapidly.

• The API Economy changes how we think about building "things".

• Core technological underpinnings drive enterprise-level adoption.

This IBM® Redbooks® Point-of-View publication discusses the emerging API Economy and the scalable services ecosystem. It touches on the opportunity for enterprises to create new business value by using APIs. The primary audience for this paper is C-suite executives, business leaders, architects, and anyone who seeks to understand or take advantage of this new era of computing.

Additional information about how to get started and gain value with the API Economy is in this IBM Redguide publication:

The Power of the API Economy: Stimulate Innovation, Increase Productivity, Develop New Channels, and Reach New Markets

Rethinking the way business is done

The API Economy

Externalization of enterprise assets

Management of the APIs

A services fabric creates an essential framework

What's next: How IBM can help