RapidAPI's first global corporate study polled 300 IT leaders to analyse the current API landscape.
98% of those polled believe APIs are an important component of an enterprise company’s digital transformation, as per the report. Further, 97% said successfully implementing an API strategy is critical to the company's future revenue and growth.
While 64% of companies are in the midst of designing an API strategy, 34% have already implemented one. 88% of respondents believe there are better ways to use APIs. Businesses (49%) seek to enhance customer experience (CX), accelerate innovation (48%), and improve teamwork among internal development teams (42%) via APIs.
To let developers and users build, manage, and publish APIs from a single location, adopting a centralised platform is vital, according to 99% of particiants. APIs are used by 65% to better collaborate with partners and facilitate innovation.
[3 minute read]