apidays LIVE Paris 2021 - Event API Products – Maximizing the Value of Your EDA by Tom Fairbairn, Solace
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The document discusses event API products and their role in maximizing business capabilities through API management. It highlights the differences between traditional REST APIs and event-driven APIs, emphasizing the need for new approaches in governance and mediation. The key aspects include bundling related events, utilizing a developer portal, and creating a structured process to discover and expose high-value event API products for improved response speed and efficiency.
apidays LIVE Paris 2021 - Event API Products – Maximizing the Value of Your EDA by Tom Fairbairn, Solace
- 1. Event API Products – Maximizing the Value of Your EDA Tom Fairbairn, Distinguished Engineer December 2021
- 2. Agenda 1. API Products and Event API Products; 2. Creating Event API Products 3. Implementing Event API Products with PubSub+ Event Portal ©Solace | Proprietary & Confidential 2
- 3. What are API Products? 3 © Solace Proprietary & Confidential
- 4. API Products Help Others Consume Your Business Capabilities • Bundles of related APIs that meet the needs of developers who serve different business functions • Deliver synchronous/REST APIs for long-term value vs. one-time projects • Produced, shared and consumed through a developer portal • Managed by a product manager - roadmap, price, lifecycle 4 © Solace Proprietary & Confidential Source: Gartner “Kick-Start Your Composable Business Journey With 2 Key Strategies”, 15 Dec 2020, Yefim Natis, Mark O’Neill, John Santoro
- 5. New York JULY Australia SEPTEMBER Singapore APRIL Helsinki & North MARCH Paris DECEMBER London OCTOBER Jakarta FEBRUARY Hong Kong AUGUST JUNE India MAY Check out our API Conferences here 50+ events since 2012, 14 countries, 2,000+ speakers, 50,000+ attendees, 300k+ online community Want to talk at one of our conferences? Apply to speak here
- 6. “Event-driven APIs are a new style of API that uses a subscription “push” model rather than the request-response model of conventional RESTful APIs. Architects must develop new approaches to mediating and governing event-driven APIs, because API management platforms designed only for RESTful APIs may not be sufficient.” Source: Gartner “Emerging Technologies and Trends Impact Radar: IT Services”, 24 Sept 2020, Twiggy Lo, Brendan Williams What about Event-Driven APIs? 5 © Solace Proprietary & Confidential
- 7. Inventory Shipping CRM • REST APIs Good for for peer-to-peer data exchange or passing of control • Event-Driven APIs Good for one-to-many distribution of time- sensitive info • Managing both consistently is key to success REST APIs and Event-Driven APIs; Different Tools for Different Jobs 6 © Solace Proprietary & Confidential REST APIs (Request/Response) Customer Order Management Event-Driven APIs (Publish/Subscribe) Other Stakeholders • What Event Driven APIs will they want? • How do you package them as products? Place Order Confirm Order Publish Events • Stock allocated • Order processed • Product shipped Status Updates Event Broker
- 8. What are Event API Products? 7 © Solace Proprietary & Confidential
- 9. Applications Events Applications (Internal & External) High Value Events can be Consumed Individually by Many Application Consumers 8 © Solace Proprietary & Confidential Price Comparison Tool Delivery Service Provider Inventory Management Order Management System Warehouse Product Catalog Marketing Operations Received Processed Product Available Stock Allocated Promotion Launched Ready to sell Shipped REST REST
- 10. Or Use Event API Products To Make It Easier to Consume and Add New Value 9 © Solace Proprietary & Confidential • Bundle related sets of events for specific business purposes • Curate and expose high value, real-time data for rapid decision-making • Innovate and personalize offers based on evolving customer needs Event API Product: Product Pricing Received Processed Product Available Promotion Launched Shipped Stock Allocated Ready to Sell Event API Product: Inventory Event API Product: Order Status
- 11. Enterprise Events System Events Event API Products Inventory Stock Allocated Product Available Ready to Sell Pricing Ready to Sell Promotion Launched Order Received Processed Shipped Stock Allocated Elevate High Value Events 10 © Solace Proprietary & Confidential Value & Exposure Developer Portal Log Data Received Ready to Sell Promotion Launched Interface Status User Authenticated Account Sign up Stock Allocated Product Available Processed Shipped Promotion Launched Account Sign up Product Available Received Ready to Sell Stock Allocated Processed Shipped
- 12. 5 Steps to Create Event API Products Manage: Evolve and Optimize 5 11 © Solace Proprietary & Confidential Release: Expose to Consumer Applications for Value 4 Curate: Bundle & Document High Value Events 3 Assess: Usability and Value 2 Discover: System Events 1 Speed is Key
- 13. 12 © Solace Proprietary & Confidential Single place where architects and developers can collaboratively catalog, share, create and manage all the events, schemas and applications internal and external to the enterprise. PubSub+ Event Portal Event Portal Event Broker
- 14. Discover your Runtime Events 13 © Solace Proprietary & Confidential Run a discovery agent against your broker to discover events, schemas and app interactions 1 Use discovered data to visualize, evolve and share your events, internally and externally 4 Upload discovered data into PubSub+ Event Portal 2 Associate events, endpoints and subscriptions with app and app domains 3
- 15. • Discovered events documented and tracked: – Topics, schemas – Event meshes – Business moment of event – Pub/sub interface for each app/integration – Owners and points of contact – Changes and revisions – Track single source of truth • Determine Which Events Are High Value – Increase ROI on existing Event Types – See what’s available for consumption – Decrease integration time – Expose and create Event API Products Use the Catalog to Find and Assess High Value Events 14 © Solace Proprietary & Confidential Publishers Subscribers Event Portal Event Broker
- 16. Expose Event API Products: Share/Reuse High Value Data 15 © Solace Proprietary & Confidential Select Events that you want to bundle and expose to internal or external Application Consumers. 1 Release to Application Consumers. 2
- 17. “Solace recently introduced an Event API Product capability to invoke individual messaging flows cataloged in the Event Portal, making it possible to subscribe to both business-level and complex types of events as well as trigger the execution of the event APIs. “The introduction of the event API products, along with the visualization and manageability of the underlying messaging needed to execute the APIs, means that response speed and resilience improve across what can be highly distributed systems.” Source: IDC “Worldwide Intelligent Process Automation Market Share, 2020”, June 2021, Maureen Fleming Event API Products Improves Response Speed and Resilience Across Highly Distributed Systems 18 © Solace Proprietary & Confidential
- 18. That’s Possible