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IBM Acquires StepZen, Making A Debut For First Acquisition Of 2023

BY Soko Directory Team · February 15, 2023 12:02 pm

KEY POINTS

Since Arvind Krishna became CEO in April 2020, IBM has acquired 30 companies to bolster its hybrid cloud and artificial intelligence (AI) capabilities.

IBM has acquired StepZen Inc, which developed a GraphQL server with a unique architecture that helps developers build GraphQL APIs quickly and with less code.

Founded in 2020, StepZen provides an easier way for developers to build GraphQL APIs. StepZen takes a declarative programming approach (describing WHAT the program does, without explicitly specifying HOW), which results in smaller and more intuitive code, better runtime performance, and faster time to value.

StepZen was also designed to be highly flexible. It is compatible with other API approaches and is available as-a-Service (SaaS) while also supporting deployments in private clouds and on-premises data centers.

Since Arvind Krishna became CEO in April 2020, IBM has acquired 30 companies to bolster its hybrid cloud and artificial intelligence (AI) capabilities.

The rising adoption of hybrid cloud has resulted in data being stored everywhere – in different types of data stores like data warehouses, lakes, and lakehouses as well as across different clouds and on-premises environments.

APIs serve as the essential connector between different data sources and applications, which means that businesses are relying on and creating more APIs than ever before to get the data they need to power their applications and experiences.

GraphQL has rapidly become a go-to query language for companies to interact with their data and is emerging as a new standard for APIs, layering upon investments in REST APIs and data systems. Take an e-commerce application for example. With a single call, GraphQL can merge data that is found in different subsystems, like customer information, order numbers, and delivery status, and return it in an expected format.

This simplicity is why the popularity and usage of GraphQL are growing quickly. A report from Gartner® predicted that by 2025, more than 50 percent of enterprises will use GraphQL in production, up from less than 10 percent in 20211. While GraphQL APIs are significantly easier for application teams to use, they can be challenging for the teams tasked with creating them.

Related Content: Banks Across Africa Turn To IBM Hybrid Cloud And AI Solutions

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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