Boomi, the leading integration and automation solution has taken a step to strengthen its API management with two key acquisitions. Boomi acquired APIIDA AG’s federated API management business (now Boomi API Control Plane) and API management assets from Cloud Software Group. These two additions to Boomi API management will solve long-standing challenges of API sprawl, governance, and scalability.
This blog will help you understand Boomi’s new federated API management solution and how it’s going to revolutionize enterprise integration.
Why Do These Acquisitions Matter for Boomi Users?
Businesses that rely on APIs for digital innovation—this solution is a true game changer. In the digital world, APIs are the backbone of modern enterprises, enabling communication between apps, devices, and multiple business systems. And with this growing integration of APIs, a new challenge has emerged called API sprawl.
When different teams of an organization deploy their individual API gateways and management tools, it results in API sprawl. Indeed, it contributes to innovation, but on the other hand, it leads to a lack of visibility, governance, and control. Further, it causes inefficiencies, security breaches, and operational complexity. The new acquisition provides the Boomi Users with a single enterprise-wide control plane to manage and govern APIs across the federated API management in the estate.
The API Economy and the Problem of API Sprawl
A Forrester survey found that 57% of companies struggle to manage API gateways for multiple departments, and 55% struggle with finding APIs and providing a rich onboarding API experience.
29% of web attacks targeted APIs in 2023, so businesses must have security measures for their API infrastructure.
APIs have evolved from developer tools to essential business assets over time. Whether it’s about launching data products or in B2B networks moving from EDI to API or transitioning to microservices architecture, APIs are the heart of digital transformation. With the role of API becoming prominent in running digital solutions, the complexity of managing multiple API gateways also arises.
Boomi APIIDA with its federated API management solution tries to address this challenging problem.
Boomi’s Solution for Federated API Management
The most exciting aspect of Boomi’s new offering is the Boomi API Control Plane. This cloud-native solution enables businesses to manage APIs from a central location, irrespective of which API gateway they are using. It will work seamlessly with multiple platforms like Apigee, AWS, Azure, Broadcom, Gravitee, Kong, and WSO2.
Enterprises that are using multiple API gateways and want to reduce the complexity will take advantage of the Boomi APIIDA for integration. Here’s how Boomi’s API Control Plane is going to help:
- Developers can now discover and reuse APIs faster via different catalogs, accelerating innovation and reducing time to market.
- Businesses can now reduce the costs related to streamlining operations by unifying API management across multiple platforms.
- It helps to improve security and enforce governance policies by providing accessibility to their APIs.
Benefits of the new Boomi API Management Solution
Boomi’s new enterprise-grade solution is suited best for businesses who want to scale their API initiatives and enhance the performance of APIs. These newly acquired capabilities with high usability and quick time-to-value of Boomi are going to simplify the API operations.
- Full Lifecycle API Management: Businesses can manage the API lifecycle from design to deployment and retirement and can ensure that APIs remain aligned with organization goals.
- Advanced Capabilities for API Product Users: These two acquisitions will allow API product managers to align their APIs with the product strategies and drive high API revenue monetization.
- SaaS Integration: This SaaS platform enables businesses to scale their API initiatives by reducing operational overhead.
Final Statement: Transforming API Management with Boomi
Boomi is already an advanced platform for seamless integration, and now the combination of federated API management with an enterprise-scale solution makes it more prominent. This unexpected acquisition reflects Boomi’s commitment to leading the API management ecosystem and delivering governance for the enterprise.