
REST-based APIs have superseded SOAP web services in our cloud era, with the rise of smartphones and the requirement for widespread internal and external adoption of services. REST APIs are the standard and the manager for establishing enterprise APIs since they are HTTP-based, lightweight, and easier to comprehend and integrate (read about the rise of REST API).
Internal APIs, i.e., within or between LoBs (Lines of Business) or external APIs for partners and third-party programmers, are examples of business APIs
Enterprises have understood in recent years that building an ecosystem of applications around your internal vs external API requires more than just developing an API. It enhances the need for lessons from web-scale consumer APIs, expecting consumers to utilize them. Both internal and external APIs fall into this category.
These APIs are frequently referred to as open APIs, indicating that they are accessible to a larger group of web and …