Interesting article in the wsj.com recently. Authors argue that the pace of change is quickening- with compelling examples of entire industries – recorded music business and the newspaper business (and soon network television and book publishing) – that have been rearranged in only a few years.
Lots of parallels to draw with what is happening with cloud computing and the API economy.
Faster computation: Cloud computing is crushing the time to provision servers from weeks to minutes, and converting prohibitive capital investment into low operating expense.
Quicker Access: Metcalfe’s law is working in APIs… as companies like TrueCredit.com open their apps and make it very quick/easy to consume their services; the value of what they provide grows quickly with each new connection.
Shorter decision cycles: If you are running a business, assume that your biggest competitors are working on opening APIs to their data and apps. You don’t want read about their API announcement and at that moment be behind. Else you are the next Chicago Tribune.
Favorite part – they ask the question - “how do we control this increasingly out-of-control, interlinked world?
Answer? “online surge-protectors to stop run-ups and panics” and “better analytics” – exactly how we describe Sonoa API Management
