Developer Ecosystem: It’s importance in the overall API Economy

Companies today are engaging with developers more than ever before, to create exceptional end-user experiences across a broad ecosystem of things we all use in daily life.

 

The lightbulb is a great example of this evolution. Philips created the first smart lightbulb and opened its API so others could add to the lighting experience. Now, you can download apps that will change the light in your room based on any action. Similarly, you can tell Alexa or Google assistant to turn on specific lights or order a new lightbulb, which, in-turn, is building its own ecosystem and value chain. Companies like IFTTT (https://ifttt.com/ ) is simplifying the programming aspect to bring apps & devices together.

 

Every new interaction within an ecosystem makes it even more valuable to everyone involved from developers to the end user. That is why ecosystems are key for any Enterprise to be relevant in building their digital business.Most organizations understand that building a vibrant, robust developer ecosystem can deliver impressive results including: faster innovation, higher revenue, customer stickiness, and brand awareness. But, did you know that investing in developer ecosystem can also help inject an “API-first” culture in your organization?  One that is focused on building application programmable interfaces (APIs) as first line of business to enable new and extensible business capabilities.

Check out the 2018 state of Developer Ecosystem published by JetBrains - https://www.jetbrains.com/research/devecosystem-2018/

While creating a Developer or any ecosystem, there are two key design principles to keep in mind to drive ecosystem engagement:

  • Ecosystem players are incentivized to collaborate with a unified mission of value creation.
  • Everyone gets compensated for their contributions to the ecosystem.

In addition, various services can be offered to build ecosystems around it, and the services can be classified in to below categories:

 

  1. Core: In this category, the services offered are the core foundational services that developers need to build out their own applications. For example, Equinix interconnection, colocation, and power services are the “core ecosystem offerings” that developers can take off the shelf and incorporate into their products.
  1. Add-On: In this category, you have an existing product which sits in an ecosystem of other products/services that complement your core service offering. For example, Equinix SmartKey service provides Hardware Security Management (HSM)-as-a-Service on top of the Equinix core foundational offerings like Interconnection.

This also enables a new channel for your partners to bundle the solutions combining best of both the world products/services and offer it to the broader partner ecosystem from their platform.

 

Equinix is continually evolving the developer ecosystem to help developers around the world realize value for their customers by integrating Equinix core services via APIs. 

 

Want to know more about ECX Fabric and IBX SmartView APIs? Click to access Equinix Developer Platform.

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