APIs are no longer technical nice-to-haves. These three letters are being spoken in board rooms and used as the basis for business strategy. One place you can see the effects of API growing up is the sheer number in our directory. But big numbers only tell us so much. In our many discussions with API providers, we've noticed a pattern with how many are approaching their platforms. These threads point to an alternate meaning for API: Apps, Partners and Income.
Microsoft's latest version of its search API (our Live Search API Profile), which was released last November as a public beta, seems to be gaining quite a bit of momentum. According to a recent post on the Live Search Blog, the API is serving more than 3 billion queries per month, more than 5,000 applications to use the API, and queries from third party sites account for 80% of the API's query volume.