SAN JOSE, Calif., June 9, 2015 (GLOBE NEWSWIRE) -- Apigee® (Nasdaq:APIC) developer of an intelligent API platform for digital business, today introduced Apigee Edge SMB – a new package of the company's Apigee Edge API management product designed for the requirements of small and mid-sized businesses (SMBs).
Apigee Edge SMB provides smaller organizations with a powerful software-as-a-service (SaaS) product for managing, securing, scaling and analyzing an unlimited number of APIs (application programming interfaces) as part of a growing digital business. As their digital programs expand, Apigee Edge SMB customers can choose to scale up to Apigee's enterprise-grade Apigee Edge API platform for advanced capabilities such as API monetization, PCI compliance, globally distributed service and on-premises deployment.
"Today, every business – regardless of size – needs to be a digital business," said Chet Kapoor, Apigee CEO. "The digital economy moves fast, and no company can afford to wait. With our new package for SMBs, we are providing an easy way for smaller organizations to get started managing and measuring their APIs with proven API management technology, so they can participate in the digital economy now."
APIs are a key technology for businesses in today's digital world. Behind every mobile app, smart device and connected experience sits at least one API, enabling software applications to exchange data and "talk" to other applications. Apigee's intelligent API platform helps businesses use APIs to securely share data and services across devices to serve customers in a real-time, anywhere-anytime fashion, use data to continually improve the customer experience, and increase revenues.
With a feature set and price designed for small and medium-sized companies, of which there are over 40,000 globally (defined as those with revenue between $200-$500 million1), Apigee Edge SMB is positioned to extend Apigee's market reach. The company now offers a range of API management products for organizations at many stages of their digital business lifecycle.
1 Source: S&P Capital IQ global database
Launch like a Start-up, Scale like an Enterprise
Apigee Edge SMB delivers Apigee's proven API management technology in a package that makes it easy for smaller organizations to get started building a digital business. Key features and capabilities of Apigee Edge SMB include:
- Intelligent API management for managing, securing, scaling and analyzing APIs
- Cloud-based, SaaS (software-as-a-service)
- Up to 25 million API calls per quarter, with options to expand
- Build an unlimited number of APIs and API products
- Onboard an unlimited number of developers
- One named support contact
- Option to scale with Apigee's enterprise-grade API management, Apigee Edge
For more details on Apigee Edge SMB, see http://apigee.com/about/apigee-edge-pricing-features.
AWhere, a provider of agricultural intelligence data products for farmers, commercial growers, and policymakers, is an early customer of Apigee Edge SMB.
"Apigee Edge SMB gave us a faster way to get our API off the ground in a self-service experience," said Stewart Collis, CTO of AWhere. "With Apigee, we're able to quickly add an advanced API layer on our existing services and scale our data products at a pace matching the rapidly growing agriculture information market, thus creating immediate benefits to farmers worldwide."
Belly, a leading customer loyalty program and marketing solution, is using Apigee Edge SMB to accelerate the rollout of their new mobile app and quickly expand their product to new devices and consumers.
"Our growth trajectory demands that we can scale to meet growing traffic and continue to innovate for our customers," said Darby Frey, director of Platform Engineering at Bellycard. "Apigee Edge SMB gives us a powerful out-of-the box solution to launch our APIs quickly and with confidence that we can scale as we grow."
Availability and Pricing
Apigee Edge SMB is available immediately through Apigee's website and the Amazon AWS Marketplace. It is offered as a software-as-a-service (SaaS) offering for a subscription fee of $30,000 per year or $2,500 per month. For a promotional period through July 31, 2015, Apigee Edge SMB is available for $23,700 per year or $1,975 per month.
Safe Harbor Statement
This press release contains forward-looking statements, including statements regarding market size, extending Apigee's market reach, planned customer adoption and implementation of Apigee's products, and potential future customer opportunities. 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 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 most recent filings with the SEC on Form S-1. 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.
About Apigee
Apigee (Nasdaq:APIC) provides an intelligent API platform for digital business. Many of the world's largest organizations select Apigee to enable their digital business, including 20 of the Fortune 100, six of the top 10 Global 2000 retail brands, and six of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, eBay, and First Data. Apigee is headquartered in San Jose, California and has over 400 employees worldwide.
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