The API economy is the exposure of an organization’s digital services
and assets through application programming interfaces (API) in a
controlled way. APIs ensure that the data extracted from one software
application is formatted and passed to the next application without
change. By exposing the interfaces that allow microservices to
communicate with each other, vendors are able to meet the needs of
specific groups of customers without having to redesign the
organization’s software.

Learning Objectives

1. Describe the digital transformation process
2. Explain bottlenecks of preventing digital transformation within an organisation.
3. Relate the goals of developing API to encourage software extensibility.