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For over 25 years, Torry Harris' focus on integration solutions has fostered seamless digital connectivity, enabling better and faster commerce for businesses through platform business models.
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We believe that the right partnerships can make all the difference. Our strong partnerships enable us to deliver on our promise of high performance, flexibility, and competitive pricing, ensuring that our customers achieve their strategic objectives with confidence.
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Cloud & Automation: Changing CSPs’ OpEx outlook
API monetization is the process by which businesses generate revenue through their APIs. APIs are the accessible version of a web presence, allowing others to access and integrate our data and resources into their public or private sites and applications. Enterprises should put an API management plan in place early on and frame an API business model, which will be the baseline for API monetization. API monetization is not just about how APIs generate revenue; it is also about how well they keep their APIs operative and functional for consumers.
Top 3 things businesses should take into account while monetizing their APIs:
An organisation can decide on the payment models for their APIs in the API Strategy phase.
A robust API Management strategy is a must to effectively monetize your APIs. Managing your APIs is not just about the security aspect but about how well they are designed, what implementation standards they’re built on, how they are deployed, their discoverability and monitorability. The entire Lifecycle of each API must be managed effectively for it to be useful to an organization.
Through API management, you can create a secure and consumable environment for your public & private APIs. API management also gives you the flexibility to manage access control, track usage and control the rate of requests. If you are wondering which API Management tool can help you with all of this, at a reasonable price, check out the DigitMarketTM API Manager tool here.
An open banking API is an API through which Banks make available select customer data and services for consumption by the public or third-party developer community. Open Banking is seen as a new force that will finally help banks to build a greater digital ecosystem. Such an ecosystem will enable newer revenue channels, enhanced customer engagement and better banking services.
PwC forecasts that the Open Banking sector could quadruple its worth to generate £7.2bn of revenues by 2022.
Categories : Integration , API Management , Open Banking
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In today’s fast-evolving digital economy, Marketplace-as-a-Service (MaaS) is rapidly emerging as a transformative force in B2B commerce.
In today’s era of digital transformation, marketplaces have evolved from traditional storefronts into intelligent, dynamic ecosystems.
The Middle East is advancing digital transformation with initiatives like Saudi Arabia’s Vision 2030 and UAE’s Centennial 2071 plan. The G2B2C model, supported by AI, enhances public services, citizen engagement, and economic growth. AI-powered platforms like DubaiNow and UAE API Marketplace drive innovation and collaboration between governments, businesses, and citizens.
The report evaluates global service providers based on their expertise in strategic advisory, digital transformation, AI-driven frameworks, and operational excellence.
We are proud to be recognized as a Seasoned Vendor in the Global Capability Center (GCC) ecosystem by AIM Research.
(THIS) has been cited among notable vendors by Forrester Research in its report ‘The API Management Software Landscape, Q1 2024’. The report recognizes Torry Harris as a provider offering API management solutions with a geographic focus in the EMEA & APAC regions.