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API monitoring is a critical aspect in the success or failure of API management. In this blog, we discuss the most important aspects of API monitoring and how to achieve greater business value with your APIs through sound monitoring strategies.
API monitoring is the practice of monitoring application program interfaces (APIs) to gain insight into their availability, performance, and functionality. It allows you to see how your APIs are performing, how they are being used, and whether they are driving business value and revenue.
A full 83% of IT professionals report that API integration is a critical aspect to their digital transformation efforts. In a modern digital ecosystem, APIs are emerging as a leading means for connecting apps, services, environments, and external tools. APIs unlock faster digital transformation results because they require far less technical effort to integrate and implement, when compared to monolith or legacy applications.
APIs can unlock a singular digital management environment for an enterprise. This is also known as API management. When select APIs are made available publicly through an API developer portal, organizations can create new sources of revenue and lines of business. When done securely, this makes your apps, services, and digital tools available for consumption in new channels. Likewise, innovative businesses are integrating external (third-party) APIs within their own digital footprint. This new economy of APIs has created thousands of monetization opportunities across dozens of industries.
In short, yes. When APIs break down, your applications fail. As organizations have rapidly adopted API management, many have not appropriately staffed or planned for the maintenance of their growing API footprints. Like any software or system, APIs can break down, experience latency, or simply fail in a new environment. Sound API monitoring practices allow organizations to keep track of the healthy functioning of APIs across a variety of environments.
Developer portal performance
This answers the question how are my APIs being consumed? You can monitor how readily developers are integrating your APIs, and whether they face any issues in accessing APIs via your portal.
Functional or technical gateway performance
This answers the question are my APIs functioning appropriately? You can monitor throughput, latency, fault, and success in order to gauge the technical health of your APIs. You can also track 4xx and 5xx HTTP responses, as well as gateway request counts to determine the functional health of your APIs.
Not all API management softwares come with monitoring tools. In order to be successful, any API monitoring tool you select must include API analytics. Akana, for example, provides key insights into your business by evaluating API interactions across your entire API ecosystem.
API monitoring is typically implemented after APIs have been scaled into production. While there are monitoring-only softwares available, we recommend leveraging a full lifecycle API management software. This can simplify both the implementation and monitoring of your APIs. With the metrics provided, poor performing applications can be improved and high performers can be identified and strengthened to optimize your entire digital business.
As APIs have become leading tools to usher in a digital transformation, it is critical that your API management software come ready-baked with an analytics engine. Without understanding the importance of metrics, opportunities can be missed, blind spots can be created, and business value will be lost.
API monitoring within Akana is conducted through our analytics platform. This platform helps customers derive insights about their business from API interactions happening across their digital properties.
Akana enables three classes of analytics:
Akana delivers these API monitoring capabilities with:
The platform uses MongoDB to provide a high-performance and extremely scalable approach to the collection and processing of data.
Akana uses the same single-page web app UI framework as is leveraged in our developer portal. This allows us to easily integrate the products and provide an appealing interface.
You can experience Akana's powerful analytics and monitoring tools with a free 30-day trial.