The new API economy is changing the way businesses collaborate and compete. APIs have become the de facto standard for cloud and mobile applications. They give you the ability to unlock and break free from your legacy systems and transform your business into an open and agile platform.

Recently, Forrester released a report that sized and projected annual spending on API management solutions. In the US alone, they predict companies will spend nearly $3 billion on API management over the next five years. They also predict that annual spend will quadruple by the end of the decade, from $140 million in 2014 to $660 million in 2020.

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