Telenor APIS Google And AbacUsConsulting
APIs
have now become a key must-have strategy component for enterprises.According to
a report, the global API management market size is estimated to grow from USD
606.8 million in 2016 to USD 2,665.3 million by 2021, at a Compound Annual
Growth Rate (CAGR) of 34.4%.
Telenor
Pakistan is the first telecom operator to launch an intelligent API management
solution of Google in partnership with AbacusConsulting. The Go-Live ceremony
of APIGateway Projectwas held at Telenor Head Quarters Islamabad where Managing
Director of AbacusConsulting Mr. Abbas Ali Khan and CEO of Telenor Pakistan Mr.
Irfan Wahab were present along with the leadership of both sides.
API
Gateway Project has enabled Telenor Pakistan to launch its own portal for a
developer community and/or connect with the existing eco-system to manage,
share and promote its APIs in secure and scalable environment.
APIs
are the most important technology in digital business design and one of the
examples is Telenor’s recent launch ofDirect Carrier Billing through which
customers can purchase any app from Google Play by using their mobile balance. This
innovative service has been helping the unbanked users to make purchases
without having a bank account or credit card. The new payment option will allow
customers to access more content of their interest and will also nurture the
local app developer economy by incentivizing them to build for the local market.
Through this project, Abacus and Google support Telenor’s mission of digitizing
future.
On
the occasion, Mr. Abbas Ali Khan, Managing Director Abacus Consulting said,“APIs allowed Expedia to grow 90% of its $2
billion business and Twitter to have more than 700 mobile apps using its data.
If we have a look at all the digital natives like Facebook & Google, we
will find one thing common i.e. APIs led approach which helped them generating
new business models, new revenue streams, new partnerships and nurtured its
innovative offerings to customers”. He congratulated Telenor Pakistan on
achieving a significant milestone in Digital Transformation and being a pioneer
in creating the developer and partner community.
Mr. Irfan
Wahab Khan, CEO Telenor Pakistan, while expressing his views stated, “Telenor Pakistan is at the forefront of the
digital revolution and this implementation has developed an ecosystem of
digital innovation to help us build new distribution channels. Now developers
can work directly with operators and expand their reach to a massive pool of
subscribers and consumers can benefit from our apps which will drive higher
performance, better security and easier billing from operator services.”
Abacus
and Google will continue to help organizations adapt faster in the digital
world and build digitally enabled businesses.
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