API Economy
An economic model centered on the exchange of services and data through Application Programming Interfaces (APIs), enabling rapid integration, partnership creation, and the monetization of core enterprise capabilities, including CCM functionality.
Why this matters for Enterprise Architecture
In the context of modern Digital Experience Platforms (DXP), understanding API Economy is critical for architects migrating from legacy monoliths. Effective implementation of API Economy strategies can significantly reduce technical debt and improve time-to-market for regulated communications.