The Oracle API Platform Cloud Service is a 3rd generation API management platform (refer to the Preface for further context) built almost entirely from the ground up to satisfy modern integration requirements such as real-time access to information via REST APIs.
As its name suggests, the platform is a cloud-based Platform as a Service (PaaS), meaning that it can be purchased in a subscription-based model, metered or non-metered.
The platform supports the full life cycle of API management, from API design (using Apiary, which is described later in the chapter) to continuous integration, implementation, promotion, operations, and decommissioning/retirement.