The API economy allows companies to disrupt business models, reach new audiences, and drive innovation through digital services delivered via APIs. APIs unlock efficiencies, allow companies to rise above competitors by connecting applications to back-end data, and reveal new market opportunities. Over 70% of US organizations actively use APIs, and "Generation D" enterprises that leverage data and analytics through APIs are 1.8 times more likely to adopt API-based services. The API economy provides opportunities to innovate quickly and satisfy customer needs.