API EConomy

What is API Economy and why should you know about it?

What is API Economy?

API Economy has changed the way we think about and do business. Osaango educates and consults organizations and ecosystems in making the most out of their APIs and the API Economy. To learn the basics of what API Economy is, you can take our FREE online course "Introduction to API Economy" or read the book "API Economy 101".

"In API Economy company utilizes resources efficiently and quickly to create added value for own customers. These resources can be for example data or function provided by other organizations.

Building blocks utilized are own APIs and open APIs provided by other organizations (free or commercial) in addition to developer communities. These enable quicker adaptability to unpredictable and faster changing customer needs.

Defining characteristics of API Economy are competing for popularity among application developers and considering them as primary customers. In brief, services are offered from businesses to developers (Business-to-Developers, B2D)."

Moilanen J., Niinioja M., Seppänen M. & Honkanen M. 2019. API Economy 101. Books on Demand

Introduction to
API Economy -course

This course is meant for people who had not encountered API Economy as a business model before, even if they had some knowledge of APIs as technology. The course is free, and you can study at your own pace. The course is created in co-operation with Tampere University, and KONE has made it possible to offer the course in German and Chinese alongside the English one.

Start learningBeginne zu lernen开始学习

Globally recognized API management knowledge

Osaango has been selected as one of the top 20 API management service providers in the world.

Osaango's founder Marjukka Niinioja has co-authored the research-based API Economy 101 book and is the "mother" of the APIOps Cycles -method. This openly licensed API development methodcurrently used around the world by companies and public-sector.

API Economy 101 - book (2019) introduces you to API Economy through research and real-world examples.  The book is available both as e-book and paperback on Amazon, Google and your local bookstore. You can also order it from our own shop!

Buy the book
Digia PlcHeeros PlcOsaangoapitalks

Related Posts

Learn more about API economy from our latest posts.

No need for a dictionary - Osaango helps businesses find the best tech solutions without the IT jargon

The acronyms in the IT field can sometimes be confusing. How do I even explain with I need help with? What if I sound stupid?In this blog we discuss acronyms and what they mean at Osaango.

December 20, 2021
A peek into the API Economy 101 book

The first chapter of the API Economy 101 book is available for everyone to read. The first chapter explains why business models are in transition and what is causing the change. We’ll use examples to shed some light on how Application Programming Interfaces, or a lack of them, influence business models. In addition, we justify why interfaces[i] should also be on the agendas of businesses' decision-makers, not just on the IT departments’.

July 15, 2019
What is an API? A product, service, integration, or something else?

API can be any one of these things: Important feature of a tangible product, productized service, part of a digital or real-world service, customer-specific service, interface to resources, interface to platform (boundary resource), part of an integration. Did we forget something?

July 11, 2018
Why should you productize your APIs?

What are the benefits of productizing your APIs? Read more here!

June 16, 2021
What makes a good API product manager?

The two API gurus Marjukka Niinioja and Claire Barrett discuss the role and expectations of an API product manager and share their knowledge on how to successfully manage API products.

June 14, 2021
Next career move with Introduction to API Economy - course?

Learn in a few hours what API economy is! Join the free academic online course by Osaango and Tampere University now.

April 5, 2020
What is an open API?

The definition of an open API is not easy to create, let alone to update. In Finland, we have a thing called "sisu" - the spirit that drives us through rock. So this spring we collected the API and open source and open data folks and started the work.

January 6, 2020
5 things you need to fix in your API documentation

Developer Experience is not just User Experience, it’s also Customer Experience, again for that specific segment.

September 7, 2019
Why should you categorize your APIs?

API category cheat sheet helps you pick the right audience, business model and security for your API

November 20, 2018
How to get more API users?

Practical examples on how to get more customers and developers to find and use your API and convert into paying customers.

November 5, 2018