WSO2, the open source SOA Company founded by pioneers in the Apache Software Foundation Web services community, launched its new WSO2 API Manager.
The new API Manager is noted to be the first 100 percent open source API management product that combines easy, managed API access with full API governance and analysis.
"Today there is a huge divide between the enterprises that are driving revenues, customer loyalty, and organizational efficiencies through managed APIs, and the many more that are not," said Sanjiva Weerawarana, founder and chief executive officer at WSO2.
"We have been working closely with IT architects and developers to help them close that gap. The result is our 100 percent open source WSO2 API Manager, which democratizes API management by making it affordable to acquire the software, easy to control APIs and manage the API lifecycle, and simple to find and subscribe to APIs," Weerawarana added.
Managed APIs can provide a door into an enterprise's business capabilities, enabling new opportunities for monetization and ecosystem development by extending processes and services to customers, partners and other groups within the organization.
The cost and complexity of using traditional API management solutions, however, have raised significant barriers to adoption.
WSO2 API Manager is said to reinvent the API management experience by providing: The first full-featured open source API management product, expanding the benefits of managed APIs to enterprises of all sizes; the API Store, which lets IT organizations set up their own Apple (News - Alert) or Google Marketplace-like store where developers can easily subscribe to and consume APIs; simple installation of a single download versus the multiple product installations required with some API management solutions; full support of the API lifecycle, not just an API key approval workflow; and secure authorization of subscribed applications via the OAuth 2.0 key model, providing a key management and revocation model for subscribing applications.
It also offers throttling and service-level agreement (SLA) management based on the application key, which is an important approach for managing SLAs and monetizing API offerings.
The service also fosters the easy expansion of features, such as business activity monitoring, as part of WSO2 Carbon, the industry's first fully componentized OSGi-compliant enterprise middleware platform and proven scalability in a 1.0 product.
The debut version of WSO2 API Manager is a fully featured API management product that provides complete API lifecycle governance – from creating to publishing, deprecating and retiring APIs.
"The online store is such a successful model that has been widely embraced by consumers. It was an obvious step to extend it to developers," Paul Fremantle, co-founder and chief technology officer at WSO2, said in a statement.
WSO2 service and support options include evaluation support, a special QuickStart consulting program, development support and production support.
WSO2 API Manager is available as a software download, and the WSO2 Cloud Virtual Machine running on the Amazon Elastic Computing Cloud, Linux Kernel Virtual Machine, and VMware ESX will be released shortly, said the company.
WSO2 API Manager also will be available in a multi-tenant cloud version with the next release of the WSO2 Stratos (News - Alert) cloud middleware platform in Fall 2012. It is reportedly a fully open source solution released under the Apache License 2.0.
Recently, TMC (News - Alert) reported that with the Open API Platform, service providers can work hand-in-hand with application developers to extract unlimited value from network resources that were previously untapped.
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