IBM collaborates with Yes Bank, Bian to promote the API economy

By November 5, 2015News

IBM (NYSE: IBM) today announced API Harmony an intelligent cloud-based API matchmaking technology for developers as part of a series of technology, product and services announcements to advance the growing API Economy.

API Harmony provides a unique developer experience, using cognitive technologies like machine learning and graph technology to anticipate what a developer will require to build new apps, make recommendations on which APIs to use, show API relationships, and identify what is missing.

The API Economy – a commercial exchange of business functions, capabilities, or competencies as services packaged in APIs – is the driving force behind much of the digital transformation across industries today, enabling business leaders to transform their organizations, build new ecosystems and monetize core assets, services and products. The API Economy is estimated to become a $2.2 Trillion market by 2018.1 According to IT Research and Advisory Firm Ovum, during the next two to three years, the number of enterprises having an API program is expected to increase by 150 percent.
[Read the full article at FinExtra.com]