Akana API Management Bookings Grow at Unprecedented 19 Percent

Growth underscores enterprise need for robust, secure, enterprise full lifecycle API management at scale

LOUISVILLE, CO, May 3, 2018 – Rogue Wave Software announces significant customer growth for its Akana API management platform, with 19 percent growth in LTM bookings from the prior period. Leading organizations rely on Akana product and expertise to deliver digital transformation via APIs, gaining a competitive advantage in their respective markets. Uniquely available for on-premises, SaaS and hybrid deployments, Akana covers the complete API lifecycle supporting planning, design, implementation, publication, operation, versioning, and retirement of APIs. Akana drives digital transformations for organizations ranging from the Global 2000 to new market entrants, including Verizon Connect, Daimler Trucks North America LLC, Kingfisher, GameStop, Telesure, Tata, Helios ITS, Alexander Forbes, Wanhua Chemical Group, Liberty Global, Codan, Islandsbanki, Tennessee Valley Authority, and Reiknistofa Bankanna.

Confirming its place in addressing API management across enterprise scale and complexity, The Forrester Wave™: API Management Solutions, Q4 2016 report states, "Akana's solution fits very well with enterprise strategies for broad-based, mature, well-governed API strategies. Its rich models for organizations and teams, federated LOB publishing and API management, security integration, and closed-loop OAuth2 support give the solution flexibility to address a range of complex enterprise scenarios through product configuration rather than custom coding."

Rogue Wave CEO Brian Pierce outlines the Akana difference, "Our customers look to us for unparalleled API management expertise coupled with strong technology. From design to implementation and go-to-market planning, we partner with our customers to deliver to their strategic goals."

The dramatic growth reflects the need for comprehensive enterprise API strategy as well as the shift from initial pilot projects to large-scale API management implementations. Built for the enterprise, Akana is well positioned to meet the growing needs for a more robust API strategy.

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