Modern business ecosystems need to rethink their approach to innovation and integration. This book is your guide to applying the power of APIs to business challenges ranging from changing business models to embracing a world of devices and sensors. Experiencing the power of APIs involves much more than simply data monetization. Whether you're an API provider or an API consumer, you need to make smart business and IT decisions. This book first defines the basic nature of modern APIs and then leads you through several necessary decisions, ranging from which APIs to provide or consume to how you can build an effective API technology platform.