Abstract
Application Programming Interface (API) is increasingly popular and it became one of the critical vehicles of service enablement and IT collaboration in Cloud computing. Several large business enterprises invested a major portion of their IT budget into software redesign, restructuring the application architecture and their application service interfaces to decouple of the application boundary beyond limit. It will cover a detail understanding of API and its essence in the business and enterprise. It will also share a various shades and role of API in IT transformation journey in the networked economy of cloud computing and social media. The article also demonstrates how an enterprise can scale to manage the hyper growth of economy through collaboration of services by various service providers through API.
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