This document discusses the differences and relationships between APIs and web services. It argues that APIs are a superset of web services and the distinction is based more on business needs than technology. A single platform is needed to handle all aspects of API and service management, including publication, mediation and integration, monitoring and remediation, and lifecycle management regardless of the underlying protocols and standards used. Such a platform provides flexibility to support multiple protocols while simplifying development and management of APIs and services across their lifecycle.