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Companies Eager to Expand Digital Business Learn Value of the Once-Obscure API

“Gartner Inc. estimates that by 2020 more than 75% of businesses will have multiple delivery and operating systems running their digital business tools” writes Angus Loten for San Francisco-based API maker MuleSoft was acquired in March by Inc. for $6.5 billion, the business-software giant’s largest acquisition to date.First, however, it needed to confront a lingering problem: An ever-growing pile of incompatible data trapped inside a patchwork of old and new IT systems.Once considered the duct tape of enterprise IT, the use of APIs has grown rapidly in recent years, as closed networks give way to open platforms.

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