Identifying API Use Cases:

Retail Industry

Explore business drivers and compelling use cases for APIs in Retail

Courtesy of IBM and Lightwell

Lightwell IBM Platinum Business Partner
API Use Cases - purple - Arrow

EXECUTIVE SUMMARY

Many retail enterprises institutions are planning their journey and participation in the API economy. One of the most common questions from companies starting the journey is about the potential use cases within their industry. This paper focuses on several objectives:‚Äč

Identifying the common business drivers for API initiatives

Identifying the common business drivers for API initiatives

describing an API identification methodology

Describing an API identification methodology 

Supplying retail-specific examples using the methodology

Supplying retail-specific examples using the methodology

Discussing the current state of regulatory requirements and industry standards

Discussing the current state of regulatory requirements and industry standards

Providing recommendations for starting an API initiative

Providing recommendations for starting an API initiative

 

Determining an API economy strategy and planning a roadmap have several significant benefits:

Consolidation and Standardizing APIs

Consolidating and standardizing common APIs—or simply business services—within an organization

Lowering costs of operations

Lowering cost of operations by having a central repository and index of enterprise business services such as “retrieve credit score”

identifying a partnership ecosystem - APIs

Accelerating digital projects and improving time to market with safe, quick access to business services by both internal and external parties

Accelerating digital projects and improving time to market

Identifying a partnership ecosystem—especially outside your own industry—for formulating new value-add products and services to be more competitive

defining a new business model for monetization - APIs

Defining new business models for monetization purposes such as the mobile marketplace; that is, curating your company’s business capabilities aggregated with your partners’ business capabilities to provide a diverse range of related or complementary services

This paper is intended for business and IT leadership in the retail industry interested in jump-starting API initiatives by learning about industry use cases.

API Identification Methodology
Lock
CH 03

API Identification Methodology

API Use Cases - Retail Industry
Lock
CH 04

Identifying API Use Cases in the Retail Industry

Industry Standards and Regulatory Requirements
Lock
CH 05

Industry Standards

API Banking Industry Closing Thoughts
Lock
CH 06

Closing Thoughts and Recommendations