Magic Quadrant for API Management
A: Axway, Boomi, Google, Gravitee, IBM, Kong, Salesforce (MuleSoft)
A: Leaders are vendors that execute strongly, leading and influencing the market. Recent entrants to this market that have a limited record of execution are less likely to be Leaders; the same applies to strongly executing vendors that are overly risk-averse or do not effectively exploit innovation trends. Leaders tend to have a vision and a market understanding to address diverse API use cases, multiexperience architecture, integration using APIs, internal API management, productizing APIs, and distributed API management. Vendors can become Leaders in this market by acquiring another well-positioned vendor, integrating its technology into a wider application infrastructure offering, and keeping up with the pace of API management innovation. Additionally, they should address digital transformations, regulatory demands, modernization initiatives, and their challenges head-on with thought leadership and product functionality. Finally, they can become Leaders by offering widely deployable, well-supported API management solutions for a number of industries and geographies. Leaders understand the market trends that will benefit both their own and their clients' business strategies, enabling clients to restructure their business operations or advance digital transformations. Leaders see the business potential of API programs, communicate this potential to business units, and help their clients realize that potential.