For more information on this research and how you can leverage APIs to compete in the app economy, download the research report "APIs and the Digital Enterprise" at rewrite.ca.com.

Nonetheless, for those who get it right,API programs are paying off handsomely

82% have been able to deliver new/bettercustomer experiences

78% have experienced faster delivery of revenue-enhancing apps/applications

81% have been able to lower IT-relatedcosts and risks

79% have been able to expand theirdigital reach

77% have been able to monetizetheir data

But many companies stumble in building the business case to decision makers. Only:

25% have been able to educate seniorbudget holder and secure funds

40% have been able to define the valueof APIs in business terms

This is not the only area where companies are falling down.

The vast majority in Singapore agree on the most important strategies needed for success with APIs, but

only a minority are implementing them.

Why? The major drivers of API programs are business, not technical.

THE PERCENTAGE OF SINGAPORE ORGANIZATIONS USING OR PLANNING TO USE APIs TO:

87%DELIVER NEW AND BETTER CUSTOMER EXPERIENCES

87%SPEED DELIVERY OF REVENUEENHANCING APPS

87%EXPLORE NEW BUSINESSMODELS

87%LOWER IT-RELATEDCOSTS AND RISKS

87%LEVERAGE THIRD-PARTY DEVELOPER INNOVATION

According to a recent survey of IT and business leaders,sponsored by CA Technologies and conducted by Freeform Dynamics,

the majority of organizations in Singapore are leveraging APIs

%MOBILE APP DEVELOPMENT

%WEB-BASED APP DEVELOPMENT

%OPENING ACCESS TOOUTSIDE DEVELOPERS

THE MOST SUCCESSFUL DIGITAL BUSINESSES ARE 2-3X MORE LIKELY THAN OTHERS TO LEVERAGE APIs BOTH INTERNALLY AND EXTERNALLY.

Building the AppEconomy with APIs

APIs HAVE BECOME ESSENTIAL BUILDINGBLOCKS FOR SUCCESS IN THE

APP ECONOMY

PUTTING THE RIGHT INFRASTRUCTUREAND TOOLS IN PLACE

88%AGREE

ONLY 34%IMPLEMENTED

FINDING THE RIGHT SUPPLIERS TOPROVIDE SKILLS AND ADVICE

90%AGREE

ONLY 25%IMPLEMENTED

DEFINING A DEVELOPER COMMUNITYSUPPORT PROGRAM

84%AGREE

ONLY 40%IMPLEMENTED

DEALING WITH SECURITY AND COMPLIANCE CHALLENGES

86%AGREEONLY 37%IMPLEMENTED

ACQUIRING THE NECESSARYSKILLS WITHIN IT

88%AGREEONLY 40%IMPLEMENTED

RECRUITING A CRITICAL MASS OF DEVELOPERSINTO YOUR API PROGRAM

84%AGREEONLY 25%IMPLEMENTED

SINGAPORE