Industry Opinionated API Managed Service for B2B Transaction Standardization
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Solution Overview
Problem
Businesses face challenges in conducting B2B transactions due to API inflexibilities, requiring multiple API conformances, which is resource-intensive and leads to lost business opportunities, especially for small businesses and larger corporations in industries like banking and gas/oil, where standardized API approaches lack backend support.
Innovation Solution
A processing device receives API parameters for industry type selection, implements a client-specific API managed service by provisioning backend resources, deploying it to a cloud, and customizing it based on client selections, providing an opinionated API that supports industry standards and simplifies B2B transactions.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If businesses conform to multiple different APIs for different industries, then they can conduct B2B transactions across multiple industries, but resource requirements and system complexity increase significantly
Solution Approach 1:
The patent implements a universal API gateway that can handle multiple industry-specific APIs through a single unified interface. The gateway is configured with industry type parameters that allow it to adapt to different API standards (banking, gas/oil, manufacturing) without requiring separate API implementations for each industry, thereby reducing system complexity while maintaining multi-industry transaction capability
Solution Approach 2:
The API gateway serves as an intermediary layer between the business system and multiple industry-specific APIs. It abstracts the complexity of different API protocols and standards, translating various industry API requirements into a unified internal interface, thus allowing businesses to conduct multi-industry transactions without directly managing multiple complex API implementations
2Adaptability or versatility
If businesses conform to multiple different APIs for different industries, then they can conduct B2B transactions across multiple industries, but resource requirements increase significantly
Solution Approach 1:
The unified API gateway provides multi-industry support through a single resource instance rather than requiring separate API systems for each industry. By configuring the gateway with industry type parameters, the same infrastructure resources can serve multiple industries dynamically, reducing overall resource requirements while maintaining versatility
Solution Approach 2:
The API gateway dynamically adapts its behavior based on industry type parameters received in requests. This dynamic configuration allows the system to adjust to different industry API requirements on-the-fly without requiring dedicated resources for each industry, optimizing resource utilization while maintaining adaptability across multiple sectors
3Ease of operation
If standardized API approaches are provided without backend support, then API standardization is achieved, but implementation support and backend resources are still required
Solution Approach 1:
The patent combines API standardization with integrated backend support within a single unified platform. The API gateway is merged with backend resource management capabilities, so that standardization is not provided in isolation but as part of a complete solution that includes the necessary backend infrastructure and support services
Solution Approach 2:
The system performs preliminary configuration of backend resources and API standards before actual B2B transactions occur. Industry type parameters are pre-configured in the gateway, and backend support infrastructure is established in advance, eliminating the need for complex on-demand setup and reducing implementation complexity
Data Source
AI summary
Systems and methods for implementing an industry opinionated managed service are disclosed. A request from a client is received that includes a set of application programming interface (API) parameters comprising an industry type selection. An API managed service is implemented based on the set of API parameters, which includes creating a client-specific API and provisioning a set of backend resources based on the set of API parameters. The API managed service is deployed to an operational cloud, and one or more commands are processed at the operational cloud through the client-specific API utilizing the provisioned set of backend resources.