IBM announced Application Programming Interface Harmony with intelligent cloud-based API matchmaking technology for developers.
The move is part of a series of technology, product and services announcements to advance the growing API Economy.
APIs are pieces of software that act as technology glue integrating data and business logic that connect systems from multiple enterprises through apps on any device via the cloud.
“The API Economy opens up new opportunities for innovation in both business model and technology strategy when enterprises participate with digital business services,” said Marie Wieck, General Manager, IBM Middleware.
“To succeed in the API Economy and reach new clients, enterprises need an open ecosystem for trusted exchange and a differentiating strategy for how they monetize those services. IBM is helping guide clients every step of the way into this API Economy as they start their journey to becoming cognitive businesses.”
IBM said it will offer workshops and digital transformation to boost API adoption. The company is also expanding cognitive technologies into its API portfolio.
API Harmony acts as a matchmaker of APIs for developers and IT managers to facilitate the process of building new applications.
Further, IBM said, the new services and solutions complement IBM’s portfolio of API solutions such as its DataPower API gateway products for securely deploying and scaling APIs and its newly acquired StrongLoop capabilities for developing new APIs using Node.js.
IBM also said YES BANK, India’s 5th largest private sector bank, has taken initial steps to enter the API Economy by implementing IBM API Management.