IBM API Connect vs OpenLegacy comparison

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IBM API Connect

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Executive SummaryUpdated on Dec 17, 2024

IBM API Connect and OpenLegacy are competing products in the API management category. IBM API Connect appears to have the upper hand with its extensive features and integration capabilities tailored for enterprise environments, while OpenLegacy's modern technology and quick deployment options make it an appealing choice for businesses seeking agility and cost savings.

Features: IBM API Connect offers extensive API lifecycle management, robust security, and in-depth analytics, making it suitable for large enterprises needing comprehensive control and insights. OpenLegacy excels in rapid legacy system integration and microservice generation, which is ideal for organizations focused on modernization and operational streamlining.

Room for Improvement: IBM API Connect could improve its deployment process, which tends to be complex due to its wide range of capabilities, potentially extending initial setup time. Documentation could be more user-friendly to facilitate quicker installations. It would also benefit from enhancing its microservice support further. OpenLegacy can improve upon scalability for very large enterprise demands, expand its analytics capabilities to match those of its larger competitors, and increase its cloud integration features for hybrid environments.

Ease of Deployment and Customer Service: OpenLegacy provides a straightforward deployment model, minimizing time-to-market with streamlined processes suitable for legacy systems, and it focuses on responsive customer service. IBM API Connect offers comprehensive support and documentation but tends to require more setup time due to its extensive capabilities, which can be intricate for users unfamiliar with its system.

Pricing and ROI: IBM API Connect has a perceived higher setup cost; however, it promises a strong ROI for enterprises that can fully leverage its extensive range of features over time. OpenLegacy presents a cost-effective solution with fast ROI, especially attractive to businesses aiming to reduce costs while modernizing efficiently without significant initial investments.

To learn more, read our detailed IBM API Connect vs. OpenLegacy Report (Updated: December 2024).

IBM API Connect vs. OpenLegacy

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Setup Cost

IBM API Connect pricing is high, escalating in cloud deployments, with some users suggesting a 20-30% cost reduction.

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Valuable Features

IBM API Connect offers a robust interface, enhanced security, seamless integration, and comprehensive management tools for efficient API lifecycle and performance.

OpenLegacy excels in swift API development and legacy data transformation, offering flexible integration and efficient mainframe connectivity.

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Categories and Ranking

IBM API Connect

Ranking in API Management

5th

Average Rating

8.0

Reviews Sentiment

6.6

Number of Reviews

Ranking in other categories

Integration Platform as a Service (iPaaS) (8th)

OpenLegacy

Ranking in API Management

34th

Average Rating

7.6

Reviews Sentiment

6.2

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of December 2024, in the API Management category, the mindshare of IBM API Connect is 6.5%, up from 6.4% compared to the previous year. The mindshare of OpenLegacy is 0.2%, down from 0.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.

API Management

Featured Reviews

Shanmugasundaram Shanmuganathan

Solutions Architect at Synechron

Offers basic API orchestration and provides robust security and governance features

While Azure API Management offers configurable scalability, IBM API Connect relies on Kubernetes clusters. This might seem manual and require defining cluster instances upfront, but it's completely customizable and not on-the-fly scaling. It's completely custom-driven, not on-the-fly scaling, which some may consider cumbersome. Overall, I would rate the scalability an eight out of ten. Almost all applications we've been exposing lately go through this middleware, so it's used extensively. There are around sixty applications directly using it, but six Kubernetes clusters serve those applications. It's heavily used for integration, including system-to-system integration and product integrations. Our usage has been increasing year-on-year based on our needs.

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reviewer1042905

VP, Chief Enterprise Integration Architect at a financial services firm with 10,001+ employees

The biggest advantage is how simple the technology was.

I'd like to see OpenLegacy develop its low-code/no-code (LCNC) solutions. They've expanded somewhat their horizons for integration beyond mainframe CICS, which is their sweet spot. They have some tooling in that area, but it's not as good as it needs to be. OpenLegacy handles the bread-and-butter TP monitoring stuff, but I am working for one of the six banks in the United States still using the Hogan mainframe, which has a slightly proprietary mechanism. But OpenLegacy currently doesn't have a connector for Hogan. So it would help if they could build one. That would appeal to financial institutions that still use Hogan, like US Bank, Wells Fargo, KeyBank, and Vanguard.

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Top Industries

By visitors reading reviews

Educational Organization

21%

Financial Services Firm

19%

Insurance Company

10%

Computer Software Company

Financial Services Firm

34%

Computer Software Company

12%

Insurance Company

12%

Real Estate/Law Firm

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about IBM API Connect?

Publishers can easily identify, create, and publish APIs on the developer portal, defining plans, packages, and potentially billing rules.

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What is your experience regarding pricing and costs for IBM API Connect?

It is a pretty expensive tool. The tool is expensive if I consider how products like WSO2 are available in the market. You have pretty much many options in the open-source community, considering ho...

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What needs improvement with IBM API Connect?

The only downside where improvements are needed is probably on the licensing side. Scalability is an issue with IBM API Connect, making it an area where improvements are required.

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Product Reports

IBM API Connect

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IBM

Overview

IBM API Connect facilitates API management and integration in the financial sector. Companies use it to expose, secure, and manage APIs for banking, insurance, and fintech, deploying it on-premises, in the cloud, or as a hybrid solution.

IBM API Connect focuses on creating and monetizing APIs while enabling seamless transactions and integration with third-party services. It is vital for compliance with regulations and enhances external communication among institutions. With deployment options suitable for different environments, it supports centralized gateway management, robust security features, and comprehensive API lifecycle management. Users benefit from powerful analytics, user-friendly interfaces, and high performance with capabilities in message transformation and efficient monitoring.

What are the most important features?

Centralized Gateway: Manages all APIs through a single entry point.
Robust Security: Ensures API protection with advanced security measures.
Comprehensive API Lifecycle Management: Covers creation, deployment, and retirement of APIs.
User-Friendly Interface: Simplifies API creation and management tasks.
Powerful Analytics: Provides insights into API usage and performance.
Seamless Integration: Connects easily with third-party services and internal systems.
Flexible Deployment Options: Supports on-premises, cloud, and hybrid environments.
High Performance: Optimizes API performance and reduces latency.
Message Transformation: Manipulates and formats messages between different systems.
Visualization Tools: Enables clear and detailed views of API usage statistics.

What benefits or ROI should users look for?

API Monetization: Generates additional revenue streams from APIs.
Enhanced Compliance: Ensures adherence to industry regulations and standards.
Improved External Communication: Facilitates integration and communication among financial institutions.
Technical Support: Benefit from reliable customer support and easy configuration.
Deployment Flexibility: Choose from on-premises, cloud, or hybrid options.

IBM API Connect is extensively implemented in the financial sector, enabling banking, insurance, and fintech services to manage APIs efficiently. Companies use it to ensure secure transactions, integration with third-party services, and compliance with regulatory standards. Its deployment flexibility accommodates different infrastructure needs, making it suitable for a wide range of financial applications.

OpenLegacy helps organizations quickly launch innovative digital services by extending their core back-end systems to the web, mobile and cloud in days or weeks versus months. Our microservice-enabled API integration and management software quickly reduces project backlog by automating and accelerating microservices and API creation, deployment, testing and management from core applications, mainframes and databases. Together, business and IT teams can quickly, easily and securely meet consumer, partner or employee demands for digital services without modernizing or replacing core systems, and without special programming skills or invasive changes to existing systems and architectures. OpenLegacy is designed for ongoing management of microservices APIs and is based on open standards, so our software plays nice with your current technology stack and supports agile, DevOps and continuous development. Learn why leading companies choose OpenLegacy at www.openlegacy.com.

Sample Customers

Heineken, Tine, Finologee, Axis Bank

Many of openLegacy's global customers are among the Global 100 companies. Review case studies in these industries: Agriculture, Airport Authority, Automotive, Auto, Finance, Insurance, Government, Healthcare, Manufacturing, and Retailwww.openlegacy.com/case-studie...

IBM API Connect vs. OpenLegacy