AIRLINK 187.10 Decreased By ▼ -9.55 (-4.86%)
BOP 10.03 Decreased By ▼ -0.11 (-1.08%)
CNERGY 6.49 Decreased By ▼ -0.20 (-2.99%)
FCCL 33.72 Increased By ▲ 0.70 (2.12%)
FFL 16.58 Decreased By ▼ -0.07 (-0.42%)
FLYNG 23.95 Increased By ▲ 1.50 (6.68%)
HUBC 125.50 Decreased By ▼ -1.79 (-1.41%)
HUMNL 13.75 Decreased By ▼ -0.15 (-1.08%)
KEL 4.75 Decreased By ▼ -0.01 (-0.21%)
KOSM 6.45 Increased By ▲ 0.08 (1.26%)
MLCF 43.20 Increased By ▲ 0.98 (2.32%)
OGDC 211.00 Decreased By ▼ -2.03 (-0.95%)
PACE 7.35 Increased By ▲ 0.34 (4.85%)
PAEL 40.97 Increased By ▲ 0.10 (0.24%)
PIAHCLA 17.24 Increased By ▲ 0.42 (2.5%)
PIBTL 8.36 Increased By ▲ 0.07 (0.84%)
POWER 8.92 Increased By ▲ 0.10 (1.13%)
PPL 183.50 Decreased By ▼ -0.07 (-0.04%)
PRL 36.68 Decreased By ▼ -1.59 (-4.15%)
PTC 23.80 Decreased By ▼ -0.27 (-1.12%)
SEARL 93.98 Decreased By ▼ -1.13 (-1.19%)
SILK 0.99 Decreased By ▼ -0.01 (-1%)
SSGC 40.26 Decreased By ▼ -0.05 (-0.12%)
SYM 17.70 Decreased By ▼ -0.51 (-2.8%)
TELE 8.60 Decreased By ▼ -0.13 (-1.49%)
TPLP 12.32 Increased By ▲ 0.11 (0.9%)
TRG 63.10 Decreased By ▼ -1.26 (-1.96%)
WAVESAPP 10.30 Decreased By ▼ -0.14 (-1.34%)
WTL 1.78 Decreased By ▼ -0.01 (-0.56%)
YOUW 4.00 No Change ▼ 0.00 (0%)
BR100 11,645 Decreased By -77.6 (-0.66%)
BR30 35,014 Decreased By -345.8 (-0.98%)
KSE100 112,539 Decreased By -98.8 (-0.09%)
KSE30 35,387 Decreased By -71.3 (-0.2%)

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 USD606.8 million in 2016 to USD2,665.3 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 API Gateway Project was held at Telenor Headquarters, Islamabad where Managing Director of AbacusConsulting Abbas Ali Khan and CEO of Telenor Pakistan Irfan Wahab Khan 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 ecosystem to manage, share and promote its APIs in a secure and scalable environment. APIs are the most important technology in digital business design and one of the examples is Telenor's recent launch of Direct 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, Abbas Ali Khan, Managing Director, AbacusConsulting, 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 ie 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.
Irfan Wahab Khan, CEO, Telenor Pakistan, 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."-PR

Comments

Comments are closed.