APIs are as important for Product Managers today as SWOT Analysis. But what are they?

APIs are interfaces for 2 applications to communicate and exchange data and/or functionality. This beats developing existing functionality from scratch.

APIs are used by some companies to save time and money, while others expose APIs to increase market value or for revenue.

APIs have a degree of exclusivity. They are accessible only by registering for an API key or tokens.

Applications using APIs send requests for the data or functionality they need, and the API validates this request and sends back a response.

Applications usually interact with APIs using HTTP methods. This is known as a REST-ful API and is the most common type there is.

The most popular HTTP methods are  -GET  -POST  -PUT -PATCH  -DELETE.

HTTP methods use URLs to access data. The URL where the required data is available is called an Endpoint.

Want to know more about API?

Check APIs for PMs and Non-tech Leaders course at FWD