Data Commercialization Leveraging API as a Product
2 mins read
| 15%
increase in client market share |
25%
increased traffic to the APIs |
$10-15M
unlocked additional revenue |
|---|
Company Overview
A leading digital health and wellness company that provides a comprehensive platform to help individuals manage all aspects of their health in one place.
| Company Type | Company Size | Company Capitalization |
| Digital Health and Wellness | 2400+ Employees | $1.5 B |
Business Problem
- Our client offered a health platform consolidating claims, provider, wearable and device data into an integrated view – available only as a bundled product locking in substantial capability investments.
- They realized that unbundling the offering into an API product portfolio was vital to meet the growing market needs and to catalyze and harness community creativity for their dynamic roadmap.
- We were engaged to facilitate the platform’s leap into an API-centered economy – unlocking previously walled-off capabilities for universal access.
Approach
- We partnered with our client to spearhead their API transformation journey – through a “Business API first” approach. Joint workshops unearthed partner integration scenarios that shaped the initial self-serve API product mix – spanning devices, diagnostics and interoperability.
- Architects then implemented modular backend microservices supporting these external facing APIs – spanning areas like access policies, subscriptions and authentication. Additionally, we set up a developer portal to simplify API discovery using the portal catalog.
- This solution was built natively on AWS with a product go live in 4 months
Results & Outcomes
