Much like the cosmic derivation of bacon from pig, the “API economy” has become the trendy term for the re-imagining of traditional software development methodologies into packaged digital assets that are shaking up the world of business. Driven by demand for greater mobility and collaboration, APIs are now being showcased in the cloud as part of an evolving technical landscape, which helps satiate the clamorous demand for interconnectivity between software applications.

For the uninitiated, an application programming interface (API) is a devised set of bleeps and bloops that allow for one application to be called by another in order to perform a specific function or routine. You just booked tonight’s restaurant on your mobile app, you push a button that says “location” and it’s very likely that your application will have a chat with Google Maps to do the heavy lifting, before ultimately serving you the geographical content you desire.

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