Almost every industry, from retail and manufacturing to banking and hospitality, modified their business practices in 2020, with an emphasis on digital maturity coming into stark light in the aftermath of COVID-19.
Businesses go through digital transformations to enhance productivity, unleash new business models, and develop digital experiences for their customers, partners, and workers. APIs facilitate these synergies by allowing developers to quickly access and mix digital assets across several systems.
This transformation is unlikely to occur if a company focuses just on the digital basics, such as implementing a mobile strategy or using the cloud to increase productivity and reduce CapEx to-OpEx costs.
For years, digital transformation has been a major business priority for companies, but the COVID-19 epidemic and shifting market conditions have heightened the need. Many businesses, including healthcare, were able to survive the epidemic by cramming years of digital change into a matter of months.