While more companies and industries are becoming more open to the use of open APIs and their advantages, perhaps, one of the most important questions revolves around the long-term financial benefit of open API adoption.

To find out, we spoke to Sergey Denisov, Regional Lead of Enterprise Architecture and IT Strategy at Generali Asia Hong Kong. He elaborated on how open APIs can be monetised, as well as how companies can ensure long-term success by building an efficient ecosystem to support open API use.

Overall adoption rates of open APIs in Asia are relatively low, though they looks set to gradually rise. To get a clearer picture of market sentiment in Asia, we recently conducted an end-user survey across different industries. Learn more about the priorities and challenges in Asia’s open API journey today.

Across industries, open APIs’ simplification of how developers integrate new application components into existing architecture also aid collaboration between businesses and IT teams, allowing companies to remain competitive amid constantly changing digital markets were a single new app can transform an entire industry.

Open APIs in particular present unique business value as they are able to not only simplify as well as expand how businesses connect with partners, but also open up greater opportunities for monetising their data (such as in the case of Google Maps).

Hence, in this report, we examined the following, while looking at examples from Bank of China, AXA, SIA, Grab, Singtel and more

• What works
• What doesn’t
• What we need for wider adoption
  

Successful digital transformation requires continuous evolution and the driving force behind continuous change is a great API strategy that aligns with broader business objectives and provides a clear vision of governance and scaling capabilities.

We caught up with Mark Sim-Smith, Product Manager - API & Integration Platforms at Air New Zealand to find out more about the key aspects of API management, the strategic considerations to be taking and how best to ensure their successful roll out in an organisation.

We examine how five different industries are successfully implementing and leveraging Open APIs within their organisations to provide more convenient access and use of services, and faster internal and external processes to the benefit of the customer, ahead of Open APIs & Ecosystems 2019.

Meet digital leaders from Banking, Insurance, Technology, Ecommerce/ Retail, Telecom, Travel & Hospitality, FMCG, Manufacturing, Government, Transport & Logistics. Download the full attendee list. 

Meet digital leaders from Banking, Insurance, Technology, Ecommerce/ Retail, Telecom, Travel & Hospitality, FMCG, Manufacturing, Government, Transport & Logistics. Download the full attendee list. 

Overall adoption rates of open APIs in Asia are relatively low, despite being commonplace in the region’s banking sector in the region. Still, open API implementation looks set to gradually become more widespread: a growing number of companies in various industries have established strategies that accommodate open APIs, or having already entered the early stages of implementation.

To get a clearer picture of market sentiment in Asia, We recently conducted an end-user survey across industries such as healthcare, banking, telecommunications, automobiles, government services and more.

Learn more about the priorities and challenges in Asia’s open API journey today.

While more companies and industries are becoming more open to the use of open APIs and their advantages, perhaps, one of the most important questions revolves around the long-term financial benefit of open API adoption.

To find out, we spoke to Sergey Denisov, Regional Lead of Enterprise Architecture and IT Strategy at Generali Asia Hong Kong. He elaborated on how open APIs can be monetised, as well as how companies can ensure long-term success by building an efficient ecosystem to support open API use.