The API Economy has exploded. The use of APIs today is so prolific that the number of publicly-exposed APIs has grown exponentially to the tens of thousands, and is expected to increase even further as non Internet-centric companies are starting to realize its business potential. We’re finding that as businesses begin to expose and combine their information resources with those of others to build new and innovative assets, a whole new market of customers becomes available — creating a new channel for businesses to generate revenue and gain a competitive edge. Sounds like a win-win situation — but is it too good to be true? What are the risks of exposing your data assets and Read more
Posts Tagged 'API Economy'
The Cutter Summit program includes a mix of keynotes with accompanying panel sessions, case studies, interactive exercises, roundtable discussions, lightning talks, half-day immersion workshops and seminars, and many, many networking opps. The other day I wrote about the keynote and case study that will take place of the first day, Nov 4, of this Fall’s Summit. Today I’ll highlight the “main events” for the second day. (Watch for another post on roundtables and lightning talks.) Israel Gat will kick off the morning, keynoting on the impending explosion of the API economy. Israel is well-known for his expertise on Agile and software/product development governance supported by technical debt assessment and valuation, but he actually spends much Read more
“Executive education” usually brings a university classroom to my mind, the kind you find on an ivy-walled campus. Cutter’s executive education (which we call Summit 2013), however, is a little different: it takes place next-door to a prestigious university. Yep, Summit 2013 will be held at Le Meridien Hotel in Cambridge, Massachusetts, at the edge of the MIT campus. The program is chock-full of stellar sessions. The 3-day event kicks off on Nov. 4 with a keynote on The Evolving Role of 21st Century Technology Leaders by Robert D. Scott. Robert, former VP of Innovation & Architecture at Procter & Gamble (where he also served in CIO positions, both corporate and business unit). Robert is Read more
How much have you paid for your last home phone? Probably 10 euros, dollars, or whatever is your currency. It is likely that 20 years ago you would have paid a higher amount, even without taking into account the inflation. Still, imagine a world where you are the only phone owner, what would be the value of such phone? Probably zero, or even negative, since it would be a useless device that occupies space in your home. Here we appreciate two concurrent and conflicting phenomena that are at the root also of API Economy. The first is the so-called Network Effect: the phone has a value that depends on the number of users of the Read more
In my “Cutter Predicts…” post for 2013, I briefly made the point that a picture/image of an asset is merely one form of representing a physical asset. With services like Instagram, The Fancy and Wisemarkit drawing our attention these days, it is natural to think in terms of photos and/or photo streams. However, I contended: The nature of the phenomenon we are examining here is not restricted to photos/images. Rather, it is generic. Regardless of the nature of your company’s assets, any information about them that flows through the “pipes” of your company is potentially a productive asset. It can be utilized (once an API is exposed) through an app store that mines the information Read more