apidays LIVE New York 2021 - API-driven Regulations for Finance, Insurance, and Healthcare July 28 & 29, 2021 Drawing parallels between APIs and Event Streams Vikas Anand, PM Google Cloud at Platform Google Cloud & Gregory Brail, Principal Software Engineer at Google Cloud

1. Drawing parallels
between APIs and
Event Streams

2. Speakers
Vikas Anand
Head of Product
Apigee | Google
Gregory Brail
Principal Software Engineer
Apigee | Google

3. Events are becoming more mainstream and they’re
here to stay
Events need to be managed just like APIs
Key Takeaways

4. Proprietary + Confidential
The pandemic
accelerated adoption
of digital channels
1 CNBC
2 McKinsey
3 EY
Online shopping for Black Friday 2020
grew by 22% and Cyber Monday saw
15.1% increase compared to 2019 1
46% of consumers now using
telehealth to replace cancelled
healthcare visits 2
57% fall in cash usage, 31% rise in
digital payments 3

5. Proprietary + Confidential
Banking and Financial Services
Digital channels are triggering a slew of
transactions such as mobile payments,
internet banking and trade a stock
Healthcare
Medical professionals have access to
data like never before with the growth
of healthcare IoT devices such as
wearables and wireless devices
Retail and eCommerce
Billions of daily events from inventory
management, supply chain, online
channels and distribution allow to deliver
personalized omni-channel experiences
Telecommunications
Deliver real-time recommendations
and customized solutions based on
events from geo-location, billing
accounts, connected car solutions etc.
Event streams are here to stay

6. Proprietary + Confidential
How can event streams help
Flexibility to
quickly react to
user actions
Provide a connected,
seamless digital
engagement
Deliver
personalized
experiences

7. Let’s
understand a
little more
about event
streams

8. Proprietary + Confidential
What are event streams?
Event
A state change in a system often caused by an action
Message
A set of relevant information to be shared between systems
Stream
An ongoing flow of messages

9. Proprietary + Confidential
What are event streams?
Event
A state change in a system often caused by an action
Message
A set of relevant information to be shared between systems
Stream
An ongoing flow of messages
Example
Change in
stock price

10. Proprietary + Confidential
What are event streams?
Event
A state change in a system often caused by an action
Message
A set of relevant information to be shared between systems
Stream
An ongoing flow of messages
Example
Change in
stock price
Stock code
stock value

11. Proprietary + Confidential
What are event streams?
Event
A state change in a system often caused by an action
Message
A set of relevant information to be shared between systems
Stream
An ongoing flow of messages
Example
Change in
stock price
Stock code
stock value
Stock price
history

12. Proprietary + Confidential
APIs Event Streams
APIs vs Event Streams
Synchronous
Request-Response
HTTP, gRPC, GraphQL etc.
Consumption model
Asynchronous
Reacts to a change/action
AMQP, MQTT, STOMP etc.
Subscription model

13. Proprietary + Confidential
Just like APIs,
Event Streams
need to be
fully managed
Develop
Secure
Publish
Monitor
Analyze
Monetize
Scale
Design

14. Proprietary + Confidential
Provider Consumer
Key stakeholders in event stream management
Supplier of
weather data
Consumer of
weather data
Productize weather information
Secure and enforce rate limiting
Publish for subscription
Analyze usage & monitor for availability
Monetize weather data
Discover weather data streams
Sign up and pay for subscription
Request access and authorization

15. Q&A

16. Thank You