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API Economy

ay-pee-eye ih-KON-oh-mee

/eɪ piː aɪ ɪˈkɒnəmiː/

Listen

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Syllable breakdown

apieconomy

Dictionary meaning

An ecosystem in which organizations expose their products and services through APIs, enabling other businesses to build on top of them and creating new revenue streams

Examples

  • Stripe's success exemplifies the API economy — businesses worldwide integrate payment capabilities via its API.

Pronunciation tips

API stands for Application Programming Interface. Say each letter: 'ay-pee-eye'.

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