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    Top 4 Ways To Use Api Integration: Apis For Configuration, Administration, and Monitoring of Products

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    Top 4 Ways To Use Api Integration: Apis For Configuration, Administration, and Monitoring of Products

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    m,.

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    API

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    Top 4 Ways To Use Api Integration: Apis For Configuration, Administration, and Monitoring of Products

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    jayasimman851
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     API stands for “application programming interface”.

     basically means software that enables two or more applications to exchange data
    (messages) with each other.
     API integration refers to the process of connecting two or more applications or
    systems by using APIs (Application Programming Interfaces) to exchange data and
    perform actions. APIs are sets of protocols and standards that allow different
    software applications to communicate with each other.

    Top 4 Ways to Use API Integration

    APIs for Configuration, Administration, and Monitoring of Products

    Top 4 Ways to Use API Integration

    From applications and data, all the way to business ecosystems, APIs are quickly becoming
    a mainstay in most enterprise integration strategies. Here are just four of the countless ways
    your business can start looking at APIs to facilitate integration.

    1. APIs for Configuration, Administration, and Monitoring of Products


    When someone discusses “headless administration,” this type of API integration is what they
    are referring to. A “headless” environment is a computer that operates without a monitor,
    graphical user interface (GUI), or other devices, such as a keyboard or even a mouse.

    This type of API allows you to do any type of administration with your cloud that you can do
    through an administrative GUI. You can run the system “headless” and manage it without
    having to go to a keyboard and literally touch things. All data management functionality is
    available today through REST APIs. There are limited capabilities to manage the translation
    or transformation through APIs, but part of the design of that is that the transformation is
    headless, so the studio and the runtime are separated. So, in many ways, while there are
    capabilities, there remain some gaps to fill in as well.

    Rather than using the GUI to update your trading partners, AS2 connections, or to manage
    your certificates, you would use an API to accomplish those tasks. Instead, a clearer way to
    think about it is to treat the scenario as if it were an administering API that automates several
    key product tasks, including:

     Manage

     Setup

     Configure

    The next steps from here would be to complete the REST APIs for data movement and
    refine the “headless” strategy for data transformation.

    2. APIs to Upload and Download Files


    If you take a look at data movement capabilities, typically you will start with multiple secure
    communications protocols. These protocols are wide-ranging, used for file-based integration,
    and include FTP, SFTP, AS2, as well as is often the case, a secure portal for person-to-
    system file flows. If you want to upload a file, you can use REST APIs to accomplish that, as
    well as supportive APIs that can be set to programmatically upload and download the files to
    and from the integration platform. These types of APIs are relevant to how a company can
    operate within the traditional data movement and support versatile and flexible file-based
    integration scenarios in their environment.

    3. Using Tools to Connect Other Systems Together Using Their APIs


    The third example revolves around the APIs that are provided by other systems, versus
    those in-house. Some of the most popular examples of core enterprise systems include
    Salesforce with approximately 20 percent of the global CRM market, and NetSuite, a
    consistently dominant name in the ERP field, to name a few. In this case, Salesforce and
    NetSuite present those APIs allowing a company to consume them to do some sort of
    application-based cloud integration.

    4. Using Cleo Tools to Provide APIs for use by Other Systems


    The fourth and final example is actually the other side of the previous example, where an
    enterprise would use the system’s APIs. Here, the enterprise presents the APIs for others to
    access. For instance, providing an API to order products. Someone at Salesforce wants
    someone to be able to access their environment, to be able to do operations using a
    program through their APIs. So how do they do it?

    That’s performed by presenting an API to the world that others outside of the company can
    call and access. If someone wanted to provide an API to order a product or check their order
    statement, they could use integration technology to build that API and allow people to call in
    and try to understand what is happening with their order.

    Presenting Vs. Consuming APIs


    The important distinction to make between the third and fourth examples is that the third
    example is calling or consuming an API provided by someone else, while the fourth example
    is providing an API for other people to call.

    What is the Cost of API Integration?

    The cost of building an API integration can vary widely depending on a number of factors,
    including the complexity of the integration, the number of systems being integrated, and the
    level of customization required. Depending on the complexity of the integration and the
    amount of time spent by your developers, a single API integration can easily reach $10,000
    or more.

    Some of the costs that may be involved in building an API integration include:

     Development costs: This includes the cost of hiring developers to design and build the
    integration, as well as any software development tools or frameworks that may be needed.
     Testing costs: It's important to thoroughly test an API integration to ensure that it is functioning
    correctly and meets the needs of all stakeholders. This may involve setting up test environments
    and running automated or manual tests.
     Integration platform costs: Depending on the complexity of the integration, it may be necessary
    to use an integration platform or middleware to connect the different systems. These platforms can
    range from simple cloud-based tools to more complex on-premise solutions.
     Maintenance and support costs: Once the integration is live, it will need to be maintained and
    supported over time to ensure that it continues to function correctly and meet the changing needs
    of the business.
    Overall, the cost of building an API integration can range from a few thousand dollars to tens
    or even hundreds of thousands of dollars, depending on the scope and complexity of the
    project. It's important to carefully evaluate the costs and benefits of an API integration before
    embarking on the project to ensure that it makes sense for the business.

    API IN FINANCIAL MARKETS:

     In the domain of financial markets and trading, one may use an API to establish a
    connection between a set of automated trading algorithms and the trader's preferred
    trading broker platform for the purpose of obtaining real-time quotes and pricing data
    or to place electronic trades.

    API :
     Declare the pair to trade
     Create a string api_url to interpolate the symbol and API Token
     Next, we use requests libraries of py to provide GET requests to that API URL.
     Then , we get the required data.

    In this course;
     We use get requests to gather info from IEX cloud API.

    LIBRARIES:
    NUMPY:

     Numerical computing library.


     Fast execution speed.

    PANDAS:

     For panel data.


     Used for tabular data (with rows and columns).
     Allows us to manipulate the data frame.

    REQUESTS:

     For HTTP requests.


     http request – internet request we send to an api to get back data.

    XLSXWRITER:

     TO save well formatted documents , excel from a py script.

    MATH:

    Next step,
     Import stock list.
     Acquire API TOKEN.
     MAKING THE API CALL.

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