API management refers to the process of overseeing and controlling the application programming interfaces (APIs) that allow different software applications to communicate with each other. It involves creating, publishing, and monitoring APIs to ensure they function correctly and securely. This management helps organizations streamline their services and improve collaboration between different systems. Effective API management also includes features like security, analytics, and documentation. By implementing these practices, businesses can enhance their operational efficiency, protect sensitive data, and gain insights into how their APIs are being used. This ultimately leads to better service delivery and user experience.