The world of insurance has been one most heavily influenced by APIs and the API-first operating model. Today, insurance agencies can benefit from learning how the API-first operating model can enable your IT team to unlock data from legacy systems and more. Technology has left its imprint on the insurance industry, and now tools like APIs have created even more opportunities for success. With so much room for success, it is important to realizes the need for insurance transformation.

Amazon Web Services (AWS) has millions of customers, making it one of the most popular cloud platforms in the world. With over 200 services from data centers globally — compute, storage, databases, machine learning, artificial intelligence, data lakes, analytics, Internet of Things, etc. — AWS makes it easier for businesses to move applications to the cloud and streamline workflows. Still, many gaps exist in native AWS tools, which can limit your company’s AWS capabilities.

The benefits of technology in the world of business are no secret. What is driving that technology today, however, is the use of APIs in areas like supply chain management. APIs are enabling the supply chain digital transformation from improved processes to forecasting and even being able to build better supply chain relationships. Being proactive versus reactive is the key to successfully managing your supply chain.

As digital ecosystems become more complicated, some organizations assume that they need expensive ETL (extract, load, transform) platforms to unify data sources. While an ETL platform can offer robust features, you probably don’t need an entire system dedicated to unifying data from diverse CRMs. The right API solution can simplify your approach to real-time data unity. Plus, you don’t have to spend extra money on a high-cost platform.

Talk of what to do with legacy systems often causes angst among leaders. Retiring the system means lost functionality that might be too difficult to replace. Keeping it means more time spent on maintenance rather than value-added tasks. Replacing it can be a financial and logistical nightmare. The result of these talks is often to simply keep it and make do as best as possible.

Boomi, previously known as Dell Boomi, is a well-known software provider for enterprise integration. It manages all the information and data that needs to flow between different companies, systems, and applications. Boomi products are designed to offer the best possible performance with the lowest possible latency. However, not everyone can afford or has room in their budget for this particular product.

Many organizations that already rely on Integration Platform as a Service (iPaaS) to integrate applications question the necessity of an API management system. The question of which to use over often confuses. So which one is the best choice? The answer is both. Here we’ll discuss why an Integration Platform as a Service alone isn’t enough. Companies will need to embrace both iPaaS and API management to achieve the true agility and innovation they need to remain competitive.

An organization can create revenue by monetizing its APIs. This retail digital platform strategy becomes extremely valuable when the APIs are used to build new products, create new business channels and new business models that generate income or other measurable value.

To harness the power of big data, more and more businesses are adopting a data-driven business model. Adopting such a model allows your company to benefit from the rich information that databases, APIs, and other modern tools provide. Have you been thinking about learning more about how to unlock and transform your data into insights with API-led data integration? This article reveals the four primary steps required to create a data-driven business.

There is simply no other industry in the world like banking. In addition to dealing with and handling large amounts of financial data, this industry also places the highest priority on security concerns and measures. For businesses using an open banking platform strategy, APIs present a safer, smarter, and better way to do banking and business. The future of banking is here, and it is the open banking platform.