In recent years, the use of cloud APIs (application programming interfaces) within modern enterprises has accelerated due to the critical role they play in driving digital transformation success. Cloud application programming interfaces, otherwise known as cloud APIs, enable applications to communicate and transfer information to one another. Cloud APIs promote innovation and empower businesses to create new markets and opportunities and most importantly, help to deliver better customer experiences without sacrificing security. Most importantly, cloud APIs facilitate the connection of applications and the exposure of services.
Indeed, Cloud API Monitoring Benefits have many functions. Some APIs offer access to more customized API data integrations, and many cloud APIs synchronize data between applications and databases, sharing data and information among colleagues across diverse departments and even external partners. This helps to enhance communication and security within organizations. Furthermore, cloud APIs streamline the process of building applications for developers by simplifying sharing data and functionality. As a result, teams build applications at speed and enable effective application management.
Given the extensive data access and interaction capabilities APIs have across networks, API monitoring improves application and site performance, security, uptime, recovery from outages, user monitoring, and other aspects of an organization’s work performance. Moreover, API monitoring enables organizations to ensure functionality, minimize website security threats, resolve existing performance issues quickly, and improve user experience.
Cloud API Availability Metrics
Due to the complex nature of APIs, there is a vast range of metrics used to measure performance. One of the key API metrics organizations should monitor is the availability or uptime score of the API, as the score will ultimately determine the quality of user experience. When an API becomes unavailable, it may result in application errors, impaired functionality, or delayed loading times. Consequently, this may deter users from interacting with the organization’s product or service, resulting in a poor user experience. Such occurrences not only jeopardize customer loyalty but also invite negative reviews and feedback, potentially damaging brand reputation.
Yet, the continuously evolving cloud ecosystem, which has increased by 20% in the past 12 months, has made it challenging for cloud service providers such as AWS, Azure, Google, IBM, and others to scale hardware at the same rate as consumption growth. Statistics from the 2024 Cloud Service Provider API Report by APIContext show that in 2023, globally, only 7% of API Services achieved a 99.99% service availability score, a significant drop from 18% in 2022. Taking into consideration that the benchmark for all API service providers should be 99.99%, while 99.999% is the traditional telecommunications standard for service availability, this significant drop equates to more than five minutes of downtime in a year. The increase in remote working, in combination with the emergence of artificial intelligence and machine learning computing, has taken its toll on how cloud service providers maintain the speed and quality of their services.
Measuring API Cloud Performance
Measuring API cloud speed is another important metric to monitor which can help organizations to improve user experience. Organizations should take into consideration the geographical location of cloud service providers as API cloud performance rates can differ depending on the location the cloud service providers are situated in. Our findings from more than 650 million API calls in 2023 revealed that North America had the fastest Connect Time speed of 500 milliseconds (ms), whilst Europe came in as a close second amongst the other regions. This is unsurprising when taking into consideration that Europe and North America have robust, reliable telecommunications networks and higher performance expectations than regions with slower speeds. Oceania ranked last in fifth, which highlights the decline in API speed amongst cloud providers hosted in isolated regions. Additionally, the report highlighted AWS’s performance, with four top locations for Time to Connect worldwide.