API management tools allows users to monitor, control, and monetize their application program interfaces (APIs) in a secure development environment. These tools help administrators monitor connection consistency, traffic, errors, and security for their team’s published APIs. A company’s IT department uses this tool during the post-production phase of an API’s lifecycle, taking over from developers after successful API design. From there, essentially all maintenance, monitoring, and management related to the API itself occurs within the API management product. Some API marketplace solutions contain tools for managing APIs, but those tools are less focused on managing an API and are more focused on choosing external APIs to benefit an actual product.
API management platforms allow organizations to discover, design, build, manage, and secure APIs across various industries and regions. These software tools not only enhance integration and security but also support agility and resilience, helping organizations scale and adapt quickly.
To qualify for inclusion in the API Management Tools category, a product must:
Provide security, traffic, and functionality monitoring
Equip teams with operations and monetization tools