APIcon UK brought together industry leaders to discuss the future of API (Application Programming Interface) technology. Five key lessons emerged from the conference. Firstly, platforms are becoming integral to business and industry transformation. They enable businesses to build an ecosystem of developers and partners, fostering innovation and growth. Secondly, APIs are the building blocks of these platforms. They allow businesses to expose their capabilities and data, enabling others to build on them. Thirdly, APIs are not just a technology; they are a business model. They enable businesses to monetise their assets and capabilities. Fourthly, businesses must build their platforms with developers in mind. They need to provide them with the tools and support they need to succeed. Lastly, businesses need to think beyond their own industry. They need to look at what’s happening in other industries and learn from them. This cross-pollination of ideas can lead to new business opportunities and innovations.

Go to source article: http://www.programmableweb.com/news/apicon-5-lessons-how-to-transform-businesses-and-industries-platforms/2014/06/02#ixzz33h8fyneU