
With the rapid evolution of APIs due to their unprecedented adoption, IT leaders should watch out for the latest trends in the space.
The pandemic has given API the push to now dominate the entire internet. As per a Gartner report, “The 2022 CIO and Technology Executive Agenda: Master Business Composability to Succeed in Uncertain Times,” API investments are set to surge by 37% in 2022. “In 2022, organizations will need to start investing in API partnerships to move their business forward, ” says Iddo Gino, Founder & CEO, RapidAPI. The expected increases are significant, given that organizations heavily invested in digital transformation in 2019 and 2020.
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Technology advancements such as the Internet of Things (IoT), low-code and no-code initiatives, as well as the continued migration of the large technology assets from on-premise to the cloud, contribute to the proliferation of APIs. “The growth in the API market will be the main driver in the democratization of software development. Because of APIs and digital transformation, we are going to see more innovation in software development than ever before in 2022,” adds Iddo Gino. With APIs evolving from being just a mere item on the list of IT department to take responsibility for, to being the central element of an organization’s value, it is crucial that CIOs keep with its trends.
Here are three API trends that CIOs should watch out for in 2022:
1. APIs Will dominate delivery approach
Today’s APIs have become catalysts to deliver digital experiences. Thus, it is crucial that organizations strive for longevity in their API products.
In most organizations, the emphasis on API and API developer experience (DX) is given importance for external APIs. These aspects are necessary only for APIs exposed outside of the organization. Applying an API-first approach to smaller businesses as well as technical initiatives will allow organizations to incorporate the full-scale API product mindset. It will facilitate a transparent value proposition of each capability prior to making larger investments. In 2022, the implementation of API-first will be the preferred approach for successful API delivery.
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2. API specification adoption will be set to increase
Successfully delivering digital assets via APIs requires an organization to maintain speed, agility and security. Taking a fragmented approach towards API delivery can hinder digital evolution. Therefore, organizations should take steps towards bringing specifications within APIs. This will allow them to enable consistency for consumers, address technology debt and improve security and agility. Not only that, but specifications also provide automated ways to add resiliency to API delivery programs that support improved productivity when they are incorporated by tooling eco-systems.
3. API management will evolve
As APIs witness evolution, from just being technical artifacts to products, the role of API management will also continue to evolve. API management tools will need to ensure API providers have the ability to deliver consistent products by acting as a unified catalog of a business’ API estate. They should ensure that APIs are customer-focused, which will lead to better support for the marketing, rollout as well as adoption of products. Additionally, API management should not constrain the way APIs are designed, built and deployed.
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