While many people doubt that there is such a thing as sustainable first mover advantage, it’s starting to look like organizations that have embraced the API economy are starting to put some distance between themselves and competitors. A new survey of 200 IT and marketing executives conducted by the newly formed Apigee Institute finds that organizations that identify themselves as being proficient in the use of APIs and data have more revenue than competitors, enjoy faster time to market speeds and overall have higher levels of customer satisfaction.
In-Q-Tel, the CIA’s venture capital group, has invested in Apigee, a developer of a cloud platform for sharing data and services through apps.
Apigee has developed an application programming interface, or API, that In-Q-Tel believes can benefit the intelligence community.
The hottest enterprise startups will take investment from In-Q-Tel, regardless of whether or not they need the cash. Today, a well-funded enterprise company called Apigee revealed it has taken a highly-strategic investment from the firm.
In a discrete low-key press release API house Apigee said Thursday that it's getting backing from the CIA's strategic venture arm In-Q-Tel (IQT) to enhance its widgetry to support the US intelligence community.
In 1955, Peter Drucker addressed a contingent of IBM executives, praising them for the company’s extraordinary ability to deliver in its accounting machine business “what the customer considers value.”
They “come to you because of the service you give” in “systems and procedures analysis, understanding of data processing and information gathering,” Drucker told the group, which was presided over by IBM’s president, Thomas Watson Jr., the man who over the next 15 years would drive explosive growth at Big Blue.
Telecom Lead America: Swisscom has chosen API company Apigee to drive an ecosystem of apps built on Swisscom’s network-based services.
Heinz Herren, CTO at Swisscom, said: “Swisscom was looking for a solution that could be used across all its API initiatives, both internal and external to Swisscom. Apigee offered the technology and industry-specific expertise to drive Swisscom’s commitment to APIs. Swisscom expects the introduction of APIs to dramatically reduce their time to market.”
The ability to leverage data is good. Even better is the ability to leverage data that has some context attached to it. So says Anant Jhingran, vice president of products for Apigee, a Palo Alto, Calif.-based developer of application interface (API) technology and services. To create that context, the company developed Apigee Insights, a big-data analytics platform designed to let enterprises better understand how customers are using their applications.