API Management is the process of designing, publishing, documenting and analyzing APIs in a secure environment. Through an API management solution, an organization can guarantee that public, private and partner APIs they create are consumable and secure. Azure API Management is a hybrid, multi-cloud management platform for APIs across all environments.

Azure API Management helps to meet these challenges:

• Abstract backend architecture diversity and complexity from API consumers

• Securely expose services hosted on and outside of Azure as APIs

• Protect, accelerate, and observe APIs

• Enable API discovery and consumption by internal and external users

Global Shared APIM is a platform based on Azure API Management Premium Tier. Hence, sharing the costs with other BUs reduces the overall cost.

Global Shared APIM Platform gives all the features of the premium SKU which are listed below at a cost which is 1/10th of the actual premium SKU cost.

1. Multi location APIM gateway service (currently available in IENO and NorAm)

2. Industry standard security

1. OAuth 2.0

2. Subscription Keys

3. Access restriction API Policies

3. Fully isolated APIs from other BUs

4. Billing

   The billing process is open and flexible to the requirements of business units. Sharing the Platform among different business units will eventually bring down the overall costs.