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Department of Product
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Deep: New API products and strategies explored
- Spotify recently cut off developer access from two of its APIs - Audio Analysis and Audio Features APIs.
- Product teams now have to evaluate API offerings through an AI strategy lens for determining API strategy.
- New API products released recently have been explored from companies like Palantir, Stripe, Telegram, Android, YouTube, etc.
- New strategic decisions clubs like Uber and Strava and how they are evolving are also analyzed.
- The disruption of AI to API strategy is evident from how it's shaping and influencing API products and decisions.
- Spotify's API shutdown for Audio Analysis reveals how companies are protecting their AI moats.
- AI integration into API products led to a 55% increase in user engagement at Pinterest.
- AI is used to identify and eliminate technical debt in API products, creating cost savings that can be passed to the users in cheaper API access.
- Companies are combining APIs, hardware, and AI to create entirely new product experiences.
- The entire analysis looks at over 20 different API products and strategic decisions made by top tier companies.
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