It is not always clear how an API initiative (which from the outset seems quite technical) can be related to the business, let alone what/how business benefits can be realized and measured. Though the API value chain, described in Chapter 1, The Business Value of APIs, helps by illustrating how different types of APIs within the chain incrementally deliver more business value from bottom (connectivity) to top (revenue generation), what it does not describe is how to determine the business requirements that ultimately drive the need for the APIs.
To do this, an understanding of the technology alone won't be enough; rather an understanding of the business domain, the business problem(s) being solved, and how the ...