A Foundation for Fast Digital Innovation
Creating a differentiated digital experience is critical to most businesses today. And it must be built, not bought. While APIs are the foundation of digital innovation, it takes more than just developing an API to innovate faster.
Come learn what it takes, including the API-led technologies and other components of a cloud-native digital platform, and a few tricks you need to consider that will help you focus on what's important to innovate fast.
By the end of this session you will understand;
How a digital platform enables fast innovation
The different technology components, capabilities, and processes companies use to build a cloud-native digital platform
Some of the best practices that other companies have used to improve API design, and reuse, and deliver faster
2. 2
: Hobby : Favourite toy : Job : Sport
Christopher Davey
VP of Integration Solutions
Architecture
3. By Bill Bertram - Own work, CC BY-SA 2.5,
https://commons.wikimedia.org/w/index.php?curid=170050
By World of Spectrum, Fair use, https://en.wikipedia.org/w/index.php?curid=7499110
To self publish a set of 4 books;
Target of $1,000,000
achieved in 35 minutes!
$15,000,000 in 24
hours
4. 4
“52% of Fortune 500 companies from 2000
have ceased to exist due to digital
disruption”
Harvard Business Review - 2017
7. Agile innovation culture : Think different
Top Down
Celebrate success
Failure is part of the process
Create an environment to let ideas grow
Continuous Delivery
Continuous improvement
Authority
Agile team / Methodology
Experimentation
Assembly capability
Evangelism
Agile, independent, high-performing teams
Freedom of thought
Continuous innovation
Whole Organisation approach
9. According to the McKinsey
report,
80% of the B2B decisions
makers
prefer remote interaction or
digital self service
over physical presence.
October 14, 2020,Mckinsey
Innovation at Present
10. 10
Improve Expand Create Ecosystem
● Improving an organization’s current business model
and processes
● Enhancing traditional business models and
processes
● Creating entirely new business models and
processes
● Create an Innovation Ecosystem
1 2 3 4
Approaches to
Digital Innovation
12. 450% GROWTH
Between 2019 and 2020, the number of API calls has growth by over 450%*
5,831 calls
Number of API calls (m.) Year Ending 31 Dec 2020 - CMA9 only
1,270 calls
Number of API calls (m.) Year Ending 31 Dec 2019 - CMA9 only
12
THE OPEN BANKING IMPACT REPORT
Source: OBIE.
Note: Successful API calls are based on data submitted by account providers (ASPSPs) to open banking. There is no data prior to May 2018. May-July 2018 includes data from 8 providers.
August 2018 onwards includes data from 9 providers and 16 brands in total. In June 2019, the number of brands increased to 17. In July 2019 this increased to 18 brands. Since May 2020 it
includes 19 brands.
Successful API calls
15. Create Your Digital Core Via API Led Innovation
DIGITAL CORE
SYSTEMS OF RECORD
IDENTITIES
APIS INTEGRATIONS
16. Create Your Digital Core Via API Led Innovation
DIGITAL CORE
DIGITAL EXPERIENCES
WEB IoT
Mobile Web 3.0
AI ML Bots RPA
DIGITAL CONTEXT
SYSTEMS OF RECORD
IDENTITIES
APIS INTEGRATIONS
17. Create Your Digital Core Via API Led Innovation
DevOps
Cloud / Hosting
Containerisation
Partners
Marketplace
Microservices
Events
18. Digital innovation:
It's not just about the next great idea.
It's about the platform to quickly find the
great ideas that work!
Photo by NASA on Unsplash