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The Modern Digital
with API Economy
Ecosystem
Harin Honestyandi Parandika, September 2020
Have you ever been asked?
How can we Increase
our revenue/profit?How can we expand
our business/customer?
How can we
Integrate with
Partners
faster?
API ECONOMY
What is API Economy
The API economy refers to the set of business
models and practices designed around the use of
APIs in today's digital economy.
API Economy Ecosystem
Tablet
API Management System Platform need to be in place so we can
have control over our api.
BUILD
PLATFORM
API
GOVERNANCE
API
BRANDING
MONETIZE
API
WebApp
Gaming
Console
Mobile
Device
Smart
Phone
Connecte
d Car
Connecte
d
Applianc
e
Websites
Enterpris
e & IOT
Partners
API
API Management System
Publishing tools
Developer portal / API
store
Gateway
Monitoring and
analytics
- Control
- Throttle
- Transform
- Security
- Configure
- Create
- Expose
- Govern
- Documentation
- Sandbox
- Customer/Partner
Engagement
- Monitoring
Reliability
- Fraud Detection
- Trend Analytic
API
Management
System
Architecture
List of API M
anagement S
ystem
API Economy Ecosystem
Tablet
API Gateway Platform need to be in place so we can have
control over our api.
Establish maturity model of API Governance for API Developer, API
Administrator, API Publisher
BUILD
PLATFORM
API
GOVERNANCE
API
BRANDING
MICROSERVICE
MONETIZE
API
WebApp
Gaming
Console
Mobile
Device
Smart
Phone
Connecte
d Car
Connecte
d
Applianc
e
Websites
Enterpris
e & IOT
Partners
API
API Governance
API Standard
Security Policies
CICD - Automation
Lifecycle
Standardize the design, versioning,
naming convention etc.
Authorization and authentication to
protect your system. Define IAM
Policies.
Test Automation, Publish Automation
to make the process more faster.
Need to define when to publish the API,
when to update the version and when
to deprecate the API.
API Economy Ecosystem
Tablet
The way APIs can positively
affect
an organization's profitability
API Gateway Platform need to be in place so we can have
control over our api.
Establish maturity model of API Governance for API Developer, API
Administrator, API Publisher
Revamp API Gateway Developer Portal, API Market place with Company
Brand
Design look and feel for Developer Portal
BUILD
PLATFORM
API
GOVERNANCE
API
BRANDING
CHAMPION
THEAPI
MONETIZE
API
WebApp
Gaming
Console
Mobile
Device
Smart
Phone
Connecte
d Car
Connecte
d
Applianc
e
Websites
Enterpris
e & IOT
Partners
API
API Portal
API Portal Sample
API Economy Ecosystem
Tablet
API Gateway Platform need to be in place so we can have
control over our api.
Flexibility and scalability can provide High Availability, faster Time to
Market and improve Customer/Partner Experience
Establish maturity model of API Governance for API Developer, API
Administrator, API Publisher
Revamp API Gateway Developer Portal, API Market place with Company
Brand
Design look and feel for Developer Portal
BUILD
PLATFORM
API
GOVERNANCE
API
BRANDING
MICROSERVICE
MICROSERVICE
MONETIZE
API
WebApp
Gaming
Console
Mobile
Device
Smart
Phone
Connecte
d Car
Connecte
d
Applianc
e
Websites
Enterpris
e & IOT
Partners
API
Small Autonomous Service
that work together, modelled
around business domain
Microservices?
Why Microservice
https://content.pivotal.io/blog/the-built-to-adapt-benchmark
API Economy Ecosystem
Tablet
API Gateway Platform need to be in place so we can have
control over our api.
Flexibility and scalability can provide High Availability, faster Time to
Market and improve Customer/Partner Experience
Establish maturity model of API Governance for API Developer, API
Administrator, API Publisher
Understand the capabilities of API, evaluate products , develop and
Publish potential API on backend services
Revamp API Gateway Developer Portal, API Market place with Company
Brand
Design look and feel for Developer Portal
BUILD
PLATFORM
API
GOVERNANCE
API
BRANDING
MICROSERVICE
CHAMPION
THEAPI
MONETIZE
API
WebApp
Gaming
Console
Mobile
Device
Smart
Phone
Connecte
d Car
Connecte
d
Applianc
e
Websites
Enterpris
e & IOT
Partners
API
API
Champion
Identify the API
Security and
Regulation
Compliance
Build Use/Business
Case
Monetize the API
Champion The API
Champion API
Provisioning API
• Booking Travel/Hotel
API
• Order API
• Buy Product API
Utilities API
• SMS
• Whatsapp
• Facebook
Messenger
• Direct Message
• etc
Customer
Analytical API
• Average Spending
per month per group
of parameter
• Popular Tourist
Destination
• Popular Hotel for
staycation
Information API
• Booking Detail
Information
• Delivery Status
• Transaction Status
• etc
API Economy Ecosystem
Tablet
API Gateway Platform need to be in place so we can have
control over our api.
Flexibility and scalability can provide High Availability, faster Time to
Market and improve Customer/Partner Experience
Establish maturity model of API Governance for API Developer, API
Administrator, API Publisher
Understand the capabilities of API, evaluate products , develop and
Publish potential API on backend services
Revamp API Gateway Developer Portal, API Market place with Company
Brand
Design look and feel for Developer Portal
Charge API based on usage & Subscription.
BUILD
PLATFORM
API
GOVERNANCE
API
BRANDING
MICROSERVICE
CHAMPION
THEAPI
MONETIZE
API
WebApp
Gaming
Console
Mobile
Device
Smart
Phone
Connecte
d Car
Connecte
d
Applianc
e
Websites
Enterpris
e & IOT
Partners
API
API Monetization Strategies
• Cost for Maintaining the API?
• Who is it valuable to—the API Consumer or End User?
• Do you own (or want to own) the customer relationship or does the API
Consumer own the relationship?
• Will pricing the asset cause the API Consumer to be reluctant to use your
services and will this decrease your access to customers?
Things to be considered
API Monetization Strategies
This type of monetization is a prevalent model for strategic or internal
use(Facebook, Twitter, Google).
Strength:
- Gain Analytical Insight
- Enhance Market Presence
Challenges
- Difficult to illustrate direct revenue impact/tangible benefit.
Indirect
API Monetization Strategies
API producers charge API consumers for the number of times an API is
accessed, or “called.
- Pay as You Go
- Freemium
- Tiered
Strength :
- Gain Direct Revenue that can be quantify per API
- Invite more Startup to use our API
Challenges :
- Need time and analytic effort to define the value of the API
Transactional
API Monetization Strategies
It is in your best interest as the API Provider if someone uses the API, so you
provide a monetary incentive for a developer to leverage your web API.
- Revenue Sharing
- Affiliate
- Referral
Strength :
- Direct Revenue
- Get More Engagement
Challenges :
- Define the appropriate payment for the api consumer
Developer Get Pays
API Economy Ecosystem
Tablet
The way APIs can positively
affect
an organization's profitability
API Gateway Platform need to be in place so we can have
control over our api.
Understand the capabilities of API, evaluate products , develop and
Publish potential API on backend services
Establish maturity model of API Governance for API Developer, API
Administrator, API Publisher
Flexibility and scalability can provide High Availability, faster Time to
Market and improve Customer/Partner Experience
Revamp API Gateway Developer Portal, API Market place with Company
Brand
Design look and feel for Developer Portal
Charge API based on usage & Subscription.
BUILD
PLATFORM
API
GOVERNANCE
API
BRANDING
CHAMPION
THEAPI
MICROSERVICE
MONETIZE
API
Increase
Revenue
Extend
Customer Reach
Stimulate
Innovation
WebApp
Gaming
Console
Mobile
Device
Smart
Phone
Connecte
d Car
Connecte
d
Applianc
e
Websites
Enterpris
e & IOT
Partners
API
THANK YOU
Harin Honestyandi Parandika

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apidays LIVE JAKARTA - The modern digital with API Economy Ecosystems by Harin Honestyandi Parandika

  • 1. The Modern Digital with API Economy Ecosystem Harin Honestyandi Parandika, September 2020
  • 2. Have you ever been asked? How can we Increase our revenue/profit?How can we expand our business/customer? How can we Integrate with Partners faster?
  • 4. What is API Economy The API economy refers to the set of business models and practices designed around the use of APIs in today's digital economy.
  • 5. API Economy Ecosystem Tablet API Management System Platform need to be in place so we can have control over our api. BUILD PLATFORM API GOVERNANCE API BRANDING MONETIZE API WebApp Gaming Console Mobile Device Smart Phone Connecte d Car Connecte d Applianc e Websites Enterpris e & IOT Partners API
  • 6. API Management System Publishing tools Developer portal / API store Gateway Monitoring and analytics - Control - Throttle - Transform - Security - Configure - Create - Expose - Govern - Documentation - Sandbox - Customer/Partner Engagement - Monitoring Reliability - Fraud Detection - Trend Analytic
  • 8. List of API M anagement S ystem
  • 9. API Economy Ecosystem Tablet API Gateway Platform need to be in place so we can have control over our api. Establish maturity model of API Governance for API Developer, API Administrator, API Publisher BUILD PLATFORM API GOVERNANCE API BRANDING MICROSERVICE MONETIZE API WebApp Gaming Console Mobile Device Smart Phone Connecte d Car Connecte d Applianc e Websites Enterpris e & IOT Partners API
  • 10. API Governance API Standard Security Policies CICD - Automation Lifecycle Standardize the design, versioning, naming convention etc. Authorization and authentication to protect your system. Define IAM Policies. Test Automation, Publish Automation to make the process more faster. Need to define when to publish the API, when to update the version and when to deprecate the API.
  • 11. API Economy Ecosystem Tablet The way APIs can positively affect an organization's profitability API Gateway Platform need to be in place so we can have control over our api. Establish maturity model of API Governance for API Developer, API Administrator, API Publisher Revamp API Gateway Developer Portal, API Market place with Company Brand Design look and feel for Developer Portal BUILD PLATFORM API GOVERNANCE API BRANDING CHAMPION THEAPI MONETIZE API WebApp Gaming Console Mobile Device Smart Phone Connecte d Car Connecte d Applianc e Websites Enterpris e & IOT Partners API
  • 14. API Economy Ecosystem Tablet API Gateway Platform need to be in place so we can have control over our api. Flexibility and scalability can provide High Availability, faster Time to Market and improve Customer/Partner Experience Establish maturity model of API Governance for API Developer, API Administrator, API Publisher Revamp API Gateway Developer Portal, API Market place with Company Brand Design look and feel for Developer Portal BUILD PLATFORM API GOVERNANCE API BRANDING MICROSERVICE MICROSERVICE MONETIZE API WebApp Gaming Console Mobile Device Smart Phone Connecte d Car Connecte d Applianc e Websites Enterpris e & IOT Partners API
  • 15. Small Autonomous Service that work together, modelled around business domain Microservices?
  • 17. API Economy Ecosystem Tablet API Gateway Platform need to be in place so we can have control over our api. Flexibility and scalability can provide High Availability, faster Time to Market and improve Customer/Partner Experience Establish maturity model of API Governance for API Developer, API Administrator, API Publisher Understand the capabilities of API, evaluate products , develop and Publish potential API on backend services Revamp API Gateway Developer Portal, API Market place with Company Brand Design look and feel for Developer Portal BUILD PLATFORM API GOVERNANCE API BRANDING MICROSERVICE CHAMPION THEAPI MONETIZE API WebApp Gaming Console Mobile Device Smart Phone Connecte d Car Connecte d Applianc e Websites Enterpris e & IOT Partners API
  • 18. API Champion Identify the API Security and Regulation Compliance Build Use/Business Case Monetize the API Champion The API
  • 19. Champion API Provisioning API • Booking Travel/Hotel API • Order API • Buy Product API Utilities API • SMS • Whatsapp • Facebook Messenger • Direct Message • etc Customer Analytical API • Average Spending per month per group of parameter • Popular Tourist Destination • Popular Hotel for staycation Information API • Booking Detail Information • Delivery Status • Transaction Status • etc
  • 20. API Economy Ecosystem Tablet API Gateway Platform need to be in place so we can have control over our api. Flexibility and scalability can provide High Availability, faster Time to Market and improve Customer/Partner Experience Establish maturity model of API Governance for API Developer, API Administrator, API Publisher Understand the capabilities of API, evaluate products , develop and Publish potential API on backend services Revamp API Gateway Developer Portal, API Market place with Company Brand Design look and feel for Developer Portal Charge API based on usage & Subscription. BUILD PLATFORM API GOVERNANCE API BRANDING MICROSERVICE CHAMPION THEAPI MONETIZE API WebApp Gaming Console Mobile Device Smart Phone Connecte d Car Connecte d Applianc e Websites Enterpris e & IOT Partners API
  • 21. API Monetization Strategies • Cost for Maintaining the API? • Who is it valuable to—the API Consumer or End User? • Do you own (or want to own) the customer relationship or does the API Consumer own the relationship? • Will pricing the asset cause the API Consumer to be reluctant to use your services and will this decrease your access to customers? Things to be considered
  • 22. API Monetization Strategies This type of monetization is a prevalent model for strategic or internal use(Facebook, Twitter, Google). Strength: - Gain Analytical Insight - Enhance Market Presence Challenges - Difficult to illustrate direct revenue impact/tangible benefit. Indirect
  • 23. API Monetization Strategies API producers charge API consumers for the number of times an API is accessed, or “called. - Pay as You Go - Freemium - Tiered Strength : - Gain Direct Revenue that can be quantify per API - Invite more Startup to use our API Challenges : - Need time and analytic effort to define the value of the API Transactional
  • 24. API Monetization Strategies It is in your best interest as the API Provider if someone uses the API, so you provide a monetary incentive for a developer to leverage your web API. - Revenue Sharing - Affiliate - Referral Strength : - Direct Revenue - Get More Engagement Challenges : - Define the appropriate payment for the api consumer Developer Get Pays
  • 25. API Economy Ecosystem Tablet The way APIs can positively affect an organization's profitability API Gateway Platform need to be in place so we can have control over our api. Understand the capabilities of API, evaluate products , develop and Publish potential API on backend services Establish maturity model of API Governance for API Developer, API Administrator, API Publisher Flexibility and scalability can provide High Availability, faster Time to Market and improve Customer/Partner Experience Revamp API Gateway Developer Portal, API Market place with Company Brand Design look and feel for Developer Portal Charge API based on usage & Subscription. BUILD PLATFORM API GOVERNANCE API BRANDING CHAMPION THEAPI MICROSERVICE MONETIZE API Increase Revenue Extend Customer Reach Stimulate Innovation WebApp Gaming Console Mobile Device Smart Phone Connecte d Car Connecte d Applianc e Websites Enterpris e & IOT Partners API