6 ways an APIM platform saves you time and money
Blog post from Tyk
In a challenging economic climate, adopting an API management (APIM) platform and APIOps practices can be a strategic move for businesses seeking efficiency and cost savings. An APIM platform helps monitor and control API usage, reducing infrastructure costs by using analytics and real-time data to optimize performance. It addresses the management of shadow APIs, which, if left unchecked, can lead to security vulnerabilities. By providing robust security measures such as monitoring, throttling, authentication, and infrastructure updates, APIM platforms mitigate API threats and enhance resilience. They also facilitate access to data from various locations, promoting innovation and growth, while increasing operational efficiency by reducing the need for specialized staff. Additionally, these platforms offer flexibility in managing tech stacks and deployment solutions, allowing businesses to adapt to changing needs without significant disruption. Thus, investing in APIM platforms could prove beneficial in generating business value and fostering a secure and productive API ecosystem.