API Security and Monetization: Leveraging Apigee and MuleSoft for Robust API Management in Microservices Environments

Abstract

API (Application Programming Interface) as a product is becoming increasingly essential for businesses to engage their customers better, operate more efficiently, foster innovation, and create new revenue streams. Business success in this increasingly digital landscape depends on an organization’s ability to securely and effectively serve and engage its community of partners and developers while continuing to invent new products and services at a frenetic pace. API management as a discipline within software engineering influences that ability through a variety of practices and frameworks. This paper explores API security in the realm of microservices and explains how different organizations can leverage the power of industry-best tools to ensure robust API management capabilities, including monetization.

In this digital era, with APIs, engineering is not just catching up with the pace of core business entities of organizations, but rather, with the advent and success of API-driven business models, engineering is now a leader in collaborations with core business entities by making available digital assets in partnership with other business collaborators. With initiatives like monetizing our data and exposing services as APIs, business and digital models are changing before our eyes. With the availability of such tactics for new business strategies made possible via a distributed model, corporations now realize the absolute need for sound API management platforms for better security and for generating business liquidity