apidays LIVE India 2022: Accelerating India’s digitisation with APIs May 11 & 12, 2022 Challenges with building an API Ecosystem Brajesh De, Director of API Management and Integration at Fresh Gravity ------------ Check out our conferences at https://www.apidays.global/ Do you want to sponsor or talk at one of our conferences? https://apidays.typeform.com/to/ILJeAaV8 Learn more on APIscene, the global media made by the community for the community: https://www.apiscene.io Explore the API ecosystem with the API Landscape: https://apilandscape.apiscene.io/ Deep dive into the API industry with our reports: https://www.apidays.global/industry-reports/ Subscribe to our global newsletter: https://apidays.typeform.com/to/i1MPEW

1. Building a thriving
API Ecosystem
API Days India 2022
Brajesh De

2. 2022 SERIES OF EVENTS
New York
JULY
(HYBRID)
Australia
SEPTEMBER
(HYBRID)
Singapore
APRIL
(VIRTUAL)
Helsinki & North
MARCH
(VIRTUAL)
Paris
DECEMBER
(HYBRID)
London
OCTOBER
(HYBRID)
Hong Kong
AUGUST
(VIRTUAL)
JUNE (VIRTUAL)
India
MAY
(VIRTUAL)
APRIL (VIRTUAL)
Dubai & Middle East
JUNE
(VIRTUAL)
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www.apidays.global
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3. Type of APIs
Internal APIs Partner APIs Open APIs
Improves internal system
connectivity and productivity
Increases Partner
collaborations
Brings in innovation and
new business models for
increased revenue
Increasing business value and return on investment
Enterprise have been using APIs for their Digital Transformation initiatives and building various types of APIs

4. The Challenge
Many enterprise are not seeing the return on investment for APIs due to
lack of a thriving API Ecosystem

5. What is an API Ecosystem?
It is the engine for your Digital Transformation. It consists of API Provider, AP Consumers. App Developers,
Business Partners, customers and end users
Customer
Company Organization
End Users
External
Developer
Supplier
Third-Party
Providers
Competitors
Regulators
API
Apps
API
Developer
s
App
Developer
s
Apps
End Users
End Users
End Users

6. Importance of an API Ecosystem
Increases partnership
Accelerates API adoption and brings innovation
Opens up new channels of revenue stream
Provides newer and improved digital experiences
Enhances customer satisfaction
Reduces implementation time and cost
Increases ROI
A thriving API Ecosystem comes with lot of benefits

7. Approach to build a Thriving API Ecosystem
Identify your core business assets
Know your consumer needs
Package your API offerings
Make offerings discoverable and consumable
Monitor and measure your API ecosystem performance
Engage partners and developers with adoption campaign
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3
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A systematic approach with proper governance can help to build a thriving API Ecosystem

8. Best Practices for a thriving Ecosystem
Design intuitive and easy to use APIs
Setup a Developer Portal to provide a good developer experience:
Protect your assets with the API Security model
Choose the right API monetization model
Monitoring API Performance for KPI Reporting and Trend analysis
Adopt an API Management platform for managing APIs
Implement feedback to improve your APIs

9. Thank You