Money Forward Inc. declared that 2017 will be the year which marks the start of the API era. APIs are ubiquitous—from Banking and Financial Services Industry (BFSI), to e-commerce. APIs are the now the heart of many ecosystems, as Digital Services fast become the key to business relations with partners.
It’s no different for us here at F5 Networks Asia Pacific, as we explored many of these conversations with our customers in their varying stages of Digital Transformation, with a few highlights to boot, such as:
Although we have been providing various technologies to these customer bases, the rate of Digital Transformation in the BFSI is occurring at a much faster rate than expected, which brings me to my next point—I recently met an industry-leading analyst who has been following the BFSI for almost 20 years, and here are some interesting tidbits of information:
Out of the trends highlighted above, the fact that bigger organizations are looking to partner with emerging Fintech players is something that I’m particularly interested in. Why? Besides being proof for the quote which I introduced at the beginning of this blog, the greater significance is that APIs are becoming an ever more important element in our digital ecosystems.
With that being said, there are a couple of questions surrounding this trend:
These are all questions that Asia Pacific businesses face when they look to migrate their apps across environments during their Digital Transformation journeys. At F5 Networks, we recognize these issues, and given our proven track record in the industry, we’re expanding our conversations with our customers and peers to discuss and explore how we can work together to best meet each organization’s unique requirements.
More content to come, but feel free to reach out to me or anyone from the F5 team if you have your own Digital Transformation story to tell!