Enterprise Architecture Approach to Build API Economy

The IT industry has seen many transformations in the Software Development Life Cycle (SDLC) methodologies and development approaches. SDLCs range from waterfall to agile, and the development approaches from monolith to microservices. The recent advances in cloud-native microservices-based development approaches have created an API economy in the modern enterprise, the APIs act as contracts and carry business value. This publication describes an approach to designing microservices and APIs based on stakeholder needs. It describes an enterprise architecture framework for microservices-based cloud-native developments.