Subscribe to WIRED Magazine Innovation Insights     • By Steve
Crawford, Jamcraker     • 12:22 pm  |     • Permalink Image:
Daniel Y. Go/Flickr  Image: Daniel Y. Go/Flickr  With very
little capital requirements, the dotcom boom drastically shifted
developers’ and innovators’ requirements to get applications to
market, significantly reducing financial barriers to entry.
According to Cutter Consortium, the number of private and public
APIs has been growing exponentially in recent years and is
projected to continue to rise. The number of open APIs is
projected toreach 30,000 by 2016 (PDF document).  From an
application developer’s perspective, the API growth has been
paramount within the last few years. However with this growth,
comes a new approach that is moving away from the traditional
app store model and transitioning into the “there’s an app for
that” mentality. The proliferating growth of APIs has created
another dimension into a world where we can tie APIs into
platforms to pull out information and proce