Startup Beat

In a 2021 study by digital economists at Chapman and Boston universities, it was found that businesses that recognize the benefits of Application Programming Interfaces (APIs) and adopt the technology may grow 38% faster than those that do not. 

With improved infrastructure can come improved operations on the back and front end, ultimately saving both time and money and ensuring return on investment (ROI). This is probably why it was found that companies plan to spend an average of $23.6 million on APIs and related infrastructure in 2022 to help technologically transform their assets.

The business world is evolving and APIs have become more and more necessary in our digitally-versed society. Let’s take a look at how this technology helps create cohesion amongst a company’s infrastructure, ultimately allowing a business to become a platform provider.

What APIs Are Worth

Neosec reports conducted a survey asking companies what they wanted to

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