This document discusses the growing collaborative API economy. It notes that enterprise adoption of internal private APIs for mobile app requirements is skyrocketing. APIs have become important for business agility and connecting data. Examples are given of how APIs can generate revenue, such as by enabling ad targeting and profile auctions for online video broadcasts. The document also discusses how APIs are leading industries like banking, gaming, and media, and how cognitive APIs could democratize artificial intelligence. In conclusion, the collaborative API economy is opening up new opportunities for connecting businesses.
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1. Welcome to The New (Collaborative) Api Economy
Ricston Ltd - UK - Malta - Italy
by Richard Donovan
www.ricston.com @ricston
3. Ricston Work
www.ricston.com @ricston
Red Hat to Acquire API
Management Leader 3scale
Business Wire (press release) - 13 hours ago
RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat, Inc.
(NYSE: RHT), the world's leading provider of open
source solutions, today announced that it has signed a
definitive agreement to acquire 3scale, a leading
provider of application programming interface (API) ...
Breaking News
8. www.ricston.com @ricston
Big Data - Big Revenue with APIs
"APIs have jumped out of the petri dish of the enterprise
Kin Lane
"We can call 2013 a watershed year for Internet APIs"
Forrester Research analyst John Rymer - Forrester Research analyst
"The most important and underreported trend
we've seen around APIs is how enterprise
adoption for internal private APIs is
skyrocketing, spurred on by mobile app
requirements"
John Sheehan, CEO of Runscope
10. www.ricston.com @ricston
Closed Businesses vs Collaborative
90 percent of all Swedes aged 20-
40 use the app. This means that
banks, government agencies,
fintech companies and others
depend on bank-id
12. API - Revenue Use Case
www.ricston.com @ricston
Launching a new Broadband, Telephony service in a
new country
From zero to multi-million pound advertising revenue with
Api mash-up
Music media Agile transformation to the centre of a hub
14. API - Revenue Use Case - II
Traditional video broadcast online is
not covered by existing marketing and
advertising revenues - zero income
www.ricston.com @ricston
Transition to use cloud based apis
for
- Ad targeting
- Profile auction
- Ad substitution in real time
Multi-million pound revenue
return
Data collection has significant spin-
off capabilities
16. API - Revenue Use Case - III
Traditional music product chains
disrupted by new media and models
www.ricston.com @ricston
Value Vampires
Now UMG is positing apis to be the center
of a 2 way eco-system
18. www.ricston.com @ricston
Banking
Gaming
Broadcasting and Media
Health
...your industry?
Tourism
Open Exchange of Api Connectors at Mulesoft Anypoint Platform
Virtual Business (and API Mashup) already appearing
19. www.ricston.com @ricston
small apps is $3,000 to $8,000 and that more
complex or recognized brand apps can cost
$50,000 to $150,000.
PadGadget.com : explored The Cost of
Building an iPad App and suggested the
development costs (as compared to design and
other costs) range from $12,000 to $150,000 or
more.
Interactive Api designer can build and
deploy Apis on the fly
What about Development Costs?
App vs Api
21. www.ricston.com @ricston
Into the AI Future
"We're in this new trendthe API
economy where you take something
complicated and expose it as an
API...Cognition is yet another one of
those things
Elliot Turner, CEO of AlchemyAPI, and Stephen Gold,
vice president of worldwide marketing and sales
operations for IBM's Watson Group, spoke on the issue of
democratizing artificial intelligence with APIs.
Bloomberg Opens up Its
Market Data Api
96 Stocks APIs: Bloomberg,
NASDAQ and E*TRADE