Great for business
SaaS has been the fastest-growing segment in the software revolution. According to IDG’s 2018 Cloud Computing Survey, 73% of organizations have at least one application or a portion of their computing infrastructure already in the cloud. SaaS has dramatically lowered the total intrinsic cost of ownership for adopting software, solved scaling challenges, and removed the burden of local hardware issues.
APIs are a critical part of their strategy for fast-moving developers building globally. Instead of dedicating precious resources to recreating something in-house that’s done better elsewhere, it is more time- and cost-effective to focus special developer efforts on creating a differentiated product.
For these and other reasons, APIs are a distinct subset of SaaS. By often exposing complex services as simplified code, API-first products are far more extensible, more accessible for customers to integrate into, and can foster a greater community around...