Study Shows Organizations Recognizes Revenue More Quickly From API Deployment
Jun 24, 2015
A study titled ‘The Total Economic Impact Of CA Technologies CA API Management’ conducted by Forrester Consulting and commissions by CA Technologies reveals that CA API Management helps drive business growth with 97 percent time improvement to deploy apps that require integration with multiple data sets—going from 90 days to three days using CA’s API solutions.
The study shows 94 percent of business executives agree they faced increase pressure to release apps more quickly. API is used to help speed app development and delivery. It delivers cross-functional benefit across a variety of users including the developer building the apps, the business executive who owns the new business service and enterprise architect responsible for managing and securing the API. It helps companies meet the surge in demand to deploy apps quickly while also reducing the time and effort required managing APIs and deliver tangible return on investment (ROI) for customers.
Further value can be found in CA API Management are:
Speed in transforming data to help ensure smooth application integration
The three-year, risk-adjusted analysis showed a 275 percent ROI and a payback period of 12 months. Some customers could increase ROI an additional 70 percent if they are using CA API Management to open up data and monetize APIs
The average time required to create API policies decreased from 8 hours to 20 minutes improving the productivity of the API architect.
Customers received easier ongoing policy maintenance and support, requiring only 50% of the time as before because of better tools.
“APIs are a cornerstone for innovation and business growth in the application economy. Given the current business dynamics, organizations need to constantly look for new ways to engage with their key stakeholders including customers, partners & employees to generate revenue opportunities using connected devices, big data & analytics.” said Vic Mankotia, vice president, Security and API Management, Asia Pacific & Japan.