Apigee to Help Guide MapQuest's Digital Transformation
May 14 2015 - 9:00AM
Apigee® (Nasdaq:APIC), developer of an intelligent API platform for
digital business, today announced that MapQuest, a wholly owned
subsidiary of AOL Inc. (NYSE:AOL), has selected Apigee Edge as the
API platform for several key business initiatives, including
growing MapQuest's developer community and building new offerings
for consumers and enterprises.
Reaching 40.2 million multi-platform users, MapQuest offers
online, mobile, business and developer solutions that help people
discover and explore where they would like to go, how to get there
and what to do along the way and at their destination.
MapQuest considered enterprise-grade API management essential to
its objectives of accelerating innovative development, building new
revenue models, and improving customer satisfaction and operational
efficiency.
"We recognize the importance of a strong API management platform
to help us achieve our strategic business goals, and Apigee's
scalability meets the needs of our valued clientele," said Brian
McMahon, GM at MapQuest. "Apigee gives us enterprise-class tools to
help manage and grow our platform services – while letting us focus
on our core business."
The Apigee Edge intelligent API platform helps businesses
accelerate digital business. Built from the ground up for the app
economy, Apigee is a secure platform for APIs and predictive
analytics. Apigee helps companies securely share data and services,
rapidly innovate, and continuously adapt to deliver more value to
customers and partners.
The Apigee platform will enable MapQuest to track and analyze
business events and transactions, identify new markets, better
support and grow its developer community, gain better insights into
the performance of developers, apps and APIs, and more easily
support a variety of business models.
With Apigee Edge, MapQuest can streamline processes so
developers can work more efficiently in coordinated fashion and
provide a centralized online community where developers can learn
from each other and share information.
The analytics capabilities in Apigee Edge will help MapQuest
speed API development and quickly analyze production API traffic in
detail. Greater insights into top-producing developers, apps and
APIs can help bolster MapQuest's ability to quickly learn and
innovate as it develops services for customers.
Chet Kapoor, CEO of Apigee, said, "MapQuest understands the
crucial role that an intelligent API platform can play for an
industry leader as it drives innovation and positions itself for
the future. We're delighted to help MapQuest execute their digital
strategy."
Safe Harbor Statement
This press release contains forward-looking statements,
including statements regarding the expected activities of MapQuest
with, and benefits to MapQuest of using, the Apigee platform. 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
Apigee's distributed computing infrastructure and the success of
planned projects at MapQuest.
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 MapQuest, Inc.
MapQuest provides Internet, mobile and business solutions
delivering on the promise of helping people dream, plan, share and
go wherever the map meets their life. MapQuest is one of the
leading mapping brands online, reaching 40.2 million multi-platform
users, according to comScore Media Metrix. MapQuest's mobile
solutions are compatible with a variety of mobile devices,
including iPhone and Android devices. MapQuest, Inc., a wholly
owned subsidiary of AOL Inc. (NYSE:AOL), is based in Denver,
Colo.
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, five of the top 10 Global 2000 retail brands, and five
of the top 10 global telecommunications companies. Apigee customers
include global enterprises such as Walgreens, eBay, Burberry,
Shell, Live Nation, and First Data. Apigee is headquartered in San
Jose, California and has over 400 employees worldwide.
Connect with Apigee
Apigee blog: https://blog.apigee.com/front Apigee
community: https://community.apigee.com/
Twitter: https://twitter.com/Apigee LinkedIn:
https://www.linkedin.com/company/apigee
Apigee is a registered trademark in the U.S. Other product
or company names mentioned may be trademarks or trade names of
their respective companies.
CONTACT: Media Contacts:
U.S./Global
Jim Dvorak
Kulesa Faul for Apigee
+1 319-929-0204
press@apigee.com
UK
Adam Clatworthy
020 7009 3108
apigee@3-monkeys.co.uk
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