How are you taking advantage of the API economy?

The API Economy is opening up a world of possibilities for businesses to create new products and services faster than ever before. It's not just a better way to do things—it's a potential source of revenue. Take 90 seconds to answer a few questions and see how your company stacks up against industry peers. We'll give you a complete audit report and suggest some immediate ways your company can participate even more. The results will be for your eyes only and will not be shared in any way.

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Audit summary

API economy level:
Beginner
It’s a great time to learn what works (and what doesn’t) for your company.

From your answers, it looks like you and your team are just getting started in the API economy. Want our recommended steps to take your business to the next level? See below to learn how.
Your Answers
Our Analysis

Objectives:

Grow: You already know that exposing services to your customers — on their terms — drives growth. Put new, improved and more valuable information in the right hands (and more of them).

Innovate: Your see that your company's products and services have room to grow, evolve and mutate. Connect with the cohorts that can help you innovate —whether it's simple feedback or more heavy lifting.

Experience: You get it. You've got a jillion platforms, yet one user experience. You want to harmonize your back end with your front door and elegantly package the whole thing through any screen.

APIs:

You're rocking it. Just make sure that you have the proper management and scalability approaches in place. Who's using your APIs, when they are using them and how will your system react when there's a huge spike in activity? If you haven't already, it's time to think through a strong API management strategy.

Stage:

Expanding

Once you have implemented your strategy it's time to expand your first set of services and solutions into a full digital marketing solution. Think big, but be measured in your approach.

Expose APIs to:

Internal Developers Partners Customers

You're creating a highly integrated operation that is both fast and agile, and a valuable component of your business. You're able to leverage the right data from the right source at the right time to create value for your entire industry.
Recommendation
Like any innovator, you're proud of what you've accomplished but fearful of competitors being just as smart as you are in orchestrating their own API economy. Keep doing what you're doing and look for ways to add value to your existing ops. You don't necessarily need more services, but you increasingly need perfect services to suit your unique needs.
Next steps
How do I get started in the API economy
The IBM team would be pleased to help you innovate and optimize in the api economy with the following recommendations:
API economy level:
Advanced
You’ve taken your first steps in the API economy, now’s the time to dive in.

From your answers, it’s clear that you and your team are working well in the API economy. Now it’s time to turn your APIs into a crucial and fruitful part of your business. See below to learn how.
Your Answers
Our Analysis

Objectives:

Grow: You already know that exposing services to your customers — on their terms — drives growth. Put new, improved and more valuable information in the right hands (and more of them).

Innovate: Your see that your company's products and services have room to grow, evolve and mutate. Connect with the cohorts that can help you innovate —whether it's simple feedback or more heavy lifting.

Experience: You get it. You've got a jillion platforms, yet one user experience. You want to harmonize your back end with your front door and elegantly package the whole thing through any screen.

APIs:

You're rocking it. Just make sure that you have the proper management and scalability approaches in place. Who's using your APIs, when they are using them and how will your system react when there's a huge spike in activity? If you haven't already, it's time to think through a strong API management strategy.

Stage:

Expanding

Once you have implemented your strategy it's time to expand your first set of services and solutions into a full digital marketing solution. Think big, but be measured in your approach.

Expose APIs to:

Internal Developers Partners Customers

You're creating a highly integrated operation that is both fast and agile, and a valuable component of your business. You're able to leverage the right data from the right source at the right time to create value for your entire industry.
Recommendation
Like any innovator, you're proud of what you've accomplished but fearful of competitors being just as smart as you are in orchestrating their own API economy. Keep doing what you're doing and look for ways to add value to your existing ops. You don't necessarily need more services, but you increasingly need perfect services to suit your unique needs.
Next steps
How do I take my APIs to the next level?
The IBM team would be pleased to help you innovate and optimize in the api economy with the following recommendations:
API economy level:
Expert
For you, it’s not necessarily about adding more APIs but about adding the right ones.

From your answers, it’s obvious that you and your team are excelling in the API economy. See below for some thoughts on how to stay in the fast lane.
Your Answers
Our Analysis

Objectives:

Grow: You already know that exposing services to your customers — on their terms — drives growth. Put new, improved and more valuable information in the right hands (and more of them).

Innovate: Your see that your company's products and services have room to grow, evolve and mutate. Connect with the cohorts that can help you innovate —whether it's simple feedback or more heavy lifting.

Experience: You get it. You've got a jillion platforms, yet one user experience. You want to harmonize your back end with your front door and elegantly package the whole thing through any screen.

APIs:

You're rocking it. Just make sure that you have the proper management and scalability approaches in place. Who's using your APIs, when they are using them and how will your system react when there's a huge spike in activity? If you haven't already, it's time to think through a strong API management strategy.

Stage:

Expanding

Once you have implemented your strategy it's time to expand your first set of services and solutions into a full digital marketing solution. Think big, but be measured in your approach.

Expose APIs to:

Internal Developers Partners Customers

You're creating a highly integrated operation that is both fast and agile, and a valuable component of your business. You're able to leverage the right data from the right source at the right time to create value for your entire industry.
Recommendation
Like any innovator, you're proud of what you've accomplished but fearful of competitors being just as smart as you are in orchestrating their own API economy. Keep doing what you're doing and look for ways to add value to your existing ops. You don't necessarily need more services, but you increasingly need perfect services to suit your unique needs.
Next steps
How do I build a thriving API ecosystem?
The IBM team would be pleased to help you innovate and optimize in the API economy with the following recommendations:

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Have questions?

Consult: API economy Consultation