February 22, 2017
The convergence of big data analytics and the API economy has been prognosticated for a while. Now Apigee wants to turn that prediction into reality. With the acquisition today of InsightsOne, the provider of API integration and management tools is moving to tightly couple predictive big data analytics software with applications looking to invoke analytics via an API. Instead of building predictive analytics capabilities from the ground up, Apigee CEO Chet Kapoor envisions a world where developers apply analytics to any number of processes via an API.
As machine learning and predictive analytics become more prevalent in businesses, predictive APIs are starting to open up. Are predictive APIs right for your organization? Louis Dorard provides a framework to help you decide and begin to consider the question of which APIs to use.
In the highly competitive world of app development it is crucial to understand how end users are interacting with applications. TappingStone analyses user information that is pulled from an application via the TappingStone API and provides a set of predictions that could allow an application to adapt in real-time. TappingStone could, for example, decide what users in a freemium setting are likely to become paid customers and offer them a promotion to ensure they stay around.