Apigee Delivers New Business APIs for Digital Commerce

SAN JOSE, Calif., Aug. 23, 2016 (GLOBE NEWSWIRE) -- Apigee® (NASDAQ:APIC), the API company, today announced Apigee Commerce APIx, a new software accelerator designed to help companies selling products online jump-start their API-powered digital commerce initiatives. Built on Apigee Edge, a leading API management platform, Apigee Commerce APIx features a set of open-source, ready-to-use digital commerce APIs and a purpose-built developer portal to help retailers or any other company quickly build a modern digital commerce program. Apigee Commerce APIx adds another key offering to Apigee’s APIx family, a suite of industry-specific business APIs.

“There’s increasing pressure today for companies to quickly adapt to demand for digital experiences -- or risk becoming irrelevant. Our Commerce APIx solution provides a head start for companies looking to expand, build or accelerate their e-commerce initiatives,” stated Anurag Wadehra, Apigee CMO and vice president, solutions.

“In every industry, there are APIs that are proving to have real business impact – and Apigee Commerce APIx delivers the core set of APIs that we believe can help companies quickly build modern, cross-channel commerce applications,” continued Wadehra.

Many retailers are focusing on leveraging APIs to offer customers instant, personalized engagement through multiple online and physical channels. Today, four of the top five largest retailers in the world1 leverage Apigee to help them manage, secure and scale their API programs.

Kristopher Kleva, technical lead for e-commerce at outdoor and clothing retailer L.L. Bean, noted, “The escalating competition in e-commerce means we all must adapt - fast. We are focusing on our core commerce APIs to deliver rich digital experiences that our customers expect and demand. We started over one hundred years ago as a mail-order and retail pioneer, and now we’re proud to be seen as a digital pioneer – and Apigee is helping us do this.”

Apigee and L.L. Bean Webcast – Aug. 25
Apigee is teaming up with Kleva to host a webcast to showcase the importance of retail APIs, provide tips to accelerate e-commerce initiatives, and demonstrate Apigee’s Commerce APIx solution. The webcast, L.L.Bean’s API Journey: Digital Commerce Done Right, will take place on Aug. 25, 2016 at 10:00 a.m. Pacific time.

Apigee Commerce APIx leverages Apigee Edge, Apigee’s flagship product and leading API management software. It provides business APIs that help brands build rich e-commerce experiences, connect with users on mobile and social channels, and help create customer loyalty. The Apigee Commerce APIx solution will provide digital teams, including mobile and web developers, with access to capabilities including:

  • A commerce-specific developer portal with API documentation and tools;
  • A collection of pre-configured API proxies for commerce APIs that support core retail functions, including categories like Core (authentication, product, collection search and cart), Engagement (promotions, recommendations and personalized product search) and Fulfillment;
  • Commerce APIs that can be consumed by mobile apps, web apps and other APIs, built in a RESTful architectural style with data represented in JSON.

Apigee Commerce APIx delivers the benefits of the Apigee Edge API management platform, including API security, API analytics, and developer on-boarding capabilities. For more information about Apigee Commerce APIx, go to http://apigee.com/about/solutions/commerce-apix.

About Apigee
Apigee® (NASDAQ:APIC) provides a leading API platform. Many of the world's largest organizations select Apigee to enable their digital business, including more than 30 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. For more information, go to http://apigee.com.

Safe Harbor Statement
This press release contains forward-looking statements, including statements regarding the expected need for enterprises to offer digital experiences and the potential future customer benefits of using Apigee’s products. These forward-looking statements are based on current expectations and are subject to inherent uncertainties, risks and changes in circumstances that are difficult or impossible to predict. Consequently, you should not rely on these forward-looking statements. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such uncertainties, risks and changes in circumstances, including without limitation risks and uncertainties related to introducing new products successfully; market adoption of digital technologies; the ability of Apigee’s software to meet its customers’ needs; the quality of Apigee’s software, support and services and related infrastructure capacity; and any incorrect implementation or use of Apigee software.

The foregoing list of factors is not exclusive. Additional risks and uncertainties that could affect Apigee’s financial and operating results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in Apigee’s Quarterly Report on Form 10-Q filed with the SEC on May 27, 2016. Apigee’s SEC filings are available on the Investor Relations section of the Company’s website at http://investors.apigee.com and on the SEC's website at www.sec.gov. Apigee disclaims any obligation to update the forward-looking statements provided to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

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1 Forbes Global 2000, 2016: http://www.forbes.com/pictures/flhm45edljh/wal-mart-dominates-but-a/#6ba430b97cdc

Media Contact: Lyla Rayyan 415.275.6249 press@apigee.com Investor Contact: Kevin Faulkner 408.816.1658 ir@apigee.com