SmartBear, a leading provider of software development and visibility tools, has been positioned by Gartner as a Visionary in the 2023 Magic Quadrant for Full Life Cycle API Management. The evaluation was based on specific criteria that analyzed the company’s overall completeness of vision and ability to execute.  

“We are proud to be recognized by Gartner as a Visionary in the Magic Quadrant for API Management, and we see our positioning as validation of our federated API gateway strategy,” said Brian Downey, SVP, Product at SmartBear. “The evolving landscape of APIs is reshaping software development, and API technologies are pivotal for organizations seeking developer-friendly solutions to stay competitive. SmartBear's commitment to delivering developer visibility while enhancing API experiences has made us a frontrunner in innovation. Our comprehensive approach to API management is enabling development teams to navigate this challenging landscape with confidence and efficiency." 

In 2023, SmartBear continued to expand its API product portfolio through strategic acquisitions as well as innovative enhancements to its popular solutions used by millions of developers, testers, and software engineers worldwide.  

The company introduced two API-first solutions, including SwaggerHub Explore for API exploratory testing which has quickly gained nearly 25,000 users, as well as SwaggerHub Portal, the API portal that provides consumers with comprehensive resources for easy implementation. SmartBear’s API portfolio also includes the popular design and development tool, SwaggerHub; ReadyAPI for API testing, security, performance testing, and virtualization; PactFlow for contract testing of APIs and microservices; and AlertSite for monitoring.  

These investments continue to expand SmartBear’s position in the API industry, including the company’s acquisition of Stoplight, announced in August, which has elevated its governance story as SmartBear aims to deliver complete visibility across the software development lifecycle. Providing a unified platform to customers, SmartBear plans to integrate Stoplight’s features into its API development platform in the first half of 2024. 

Gartner Magic Quadrant research methodology provides a graphical competitive positioning of four types of technology providers in fast-growing markets: Leaders, Visionaries, Niche Players, and Challengers. 

Published in July, SmartBear is also mentioned in the Gartner® Hype Cycle™ for APIs, 2023.  

View a complimentary copy of the Magic Quadrant report to learn more about SmartBear's strengths and cautions, among other provider offerings, at https://smartbear.com/gartner-api-management/

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