By 2021, the integration platform as a service market is forecast to reach almost $3 billion USD, thanks in part to the proliferation of cloud services and applications. Also helping to drive growth in application programming interface integrations and lifecycle manangement is the increased need for secure networks as a result of General Data Protection Regulation for any business with European operations. So how is this integration market evolving the API economy?

“Not only is there a requirement for our customers to build APIs, but also to then allow those APIs to be consumed by their partners and networks out there,” said Craig Stewart (pictured), vice president of product management at SnapLogic Inc. “Even if it’s inside your four walls, all those measures, all those controls are still very relevant.”

Stewart spoke with Jeff Frick (@JeffFrick), host of theCUBE, SiliconANGLE Media’s mobile livestreaming studio, live from SnapLogic’s headquarters in San Mateo, California. They discussed SnapLogic’s development of new solutions for customers as the API economy continues to evolve. (* Disclosure below.)

Designed for elastic scalability

Business decisions rely increasingly on the rapid delivery of quality data, and SnapLogic recognized a market need for more robust integrations between enterprise cloud and API management platforms. In its latest release, the company has integrated its Enterprise Integration Cloud platform with Apigee Edge — an API management platform — so that the APIs can be pushed directly for advanced authentication, monetization, and ease of use for developers, according to Stewart.

The new platform was designed for the greatest simplicity, so it can accommodate business needs while remaining user-friendly. “This literally is a right-mouse button, ‘open’ API, and it generates the file for you. From there, just drop that into those platforms, and now they can be actually managed in those services directly,” Stewart said.

With many businesses managing disparate APIs across departments and other companies, SnapLogic also focused the new release on seamless internal and external integrations. “When they need to expose those APIs to … other third parties that are going to want to consume those APIs, that’s where you need those additional layers of protection,” Stewart explained.

Despite the constant growth of the API market, SnapLogic’s offering is designed to scale. “You do have to plan for that elastic scalability. And that’s one of those things with the SnapLogic platform, is it has been built to be able to scale in that way,” Stewart concluded.

Watch the complete video interview below, and be sure to check out more of SiliconANGLE’s and theCUBE’s coverage of the SnapLogic Innovation Day event. (* Disclosure: TheCUBE is a paid media partner for the SnapLogic Innovation Day event. Neither SnapLogic Inc., the event sponsor, nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)

Photo: SiliconANGLE