Home » Computer & Software » Akana Supports Customers in Establishing KPIs and Defining the ROI From Their API Management Strategies

Akana Supports Customers in Establishing KPIs and Defining the ROI From Their API Management Strategies

MINNEAPOLIS, February 13, 2020 ? Perforce Software, a provider of solutions to enterprise teams requiring productivity, visibility, and scalability throughout the development lifecycle, has announced a new API assessment methodology to support organizations as they look to establish metrics and create business justification for ongoing investments in their API enablement and management programs.

Akana recognizes that many enterprise architecture teams strive to gain executive support for ongoing strategic investment in comprehensive API management versus tactical investments in individual application initiatives. To address this need, the Akana team has developed an online assessment tool using a repository of key business metrics in API enablement and management – the result of years supporting some of the world?s largest and best in class API management implementations – to quantify the financial impact and business value of implementing an API-first strategy.

Armed with this data, enterprise architecture teams can present an API strategy as a business initiative and not merely a technology effort. Demonstrating the benefits, ?One existing customer, a global bank and leader in Open Banking, has leveraged the Akana API platform to securely open its core capabilities and empower a developer ecosystem, creating new partnerships and services and making banking easier for their customers. These business goals were reached while also meeting the requirements of emerging regulations, reducing their security and compliance risks,? reported Ido Benmoshe, VP of Products and Solution Consulting.

Most companies today are at various stages of digital transformation as they strive to remain competitive in serving an increasingly tech-savvy consumer base. To succeed in today?s digital economy, companies must maintain dynamic digital partnerships to deliver fast and responsive online services. These partnerships require the sharing of applications, with APIs serving as the foundation of these vast online ecosystems.

A robust API management strategy in the enterprise is critical to maintain security, automation, and IT efficiency as the number of APIs in most organizations continues to grow exponentially. Akana was a pioneer in API management and delivered one of the industry?s first full lifecycle API management platforms to unlock operational and strategic benefits.

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