The advent of cloud computing has allowed the API to come of age.
API – Application Programming Interface
The ability to host external APIs has now matured to a point where cloud service providers have scalable capacity and the ability to handle transaction loads and even spikes in traffic. Dropping the tech talk it's now much easier to make computers securely talk to each other across the internet.
APIs have evolved based on advances in technology but also due to maturing digital business practices that allows for thinking of business functions as discreet, consumable entities. Competition is now possible for business functions based on business value as opposed to technology foundations.
Our secure hosting system offers a wide range of APIs which allow us to extend the core functionality of the platform, create entirely new applications on top of our existing infrastructure and share data with many external third-party systems.