Akana API Management vs Tyk comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Akana API Management
Ranking in API Management
29th
Average Rating
8.4
Number of Reviews
3
Ranking in other categories
No ranking in other categories
Tyk
Ranking in API Management
18th
Average Rating
7.6
Number of Reviews
6
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of July 2024, in the API Management category, the mindshare of Akana API Management is 0.6%, down from 0.8% compared to the previous year. The mindshare of Tyk is 1.8%, up from 1.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
API Management
Unique Categories:
No other categories found
No other categories found
 

Featured Reviews

FM
Aug 6, 2020
Intuitive solution with good interface; currently lacks an integrated billing feature
The thing is that there are the other API gateways out there as well. There is a tool called Kong and a tool called Tyk, which are open source versions your decision depends upon the scale of the company. If you have someone who can work with open source, I would recommend using Kong. If you have a lot of money, I would suggest Apogee, but Apogee's quite expensive from what I gathered, as is Akana. The problem with Akana and Apogee is that the pricing models are not very clear upfront. It's not easy to know whether you want to invest in them unless it's clear what the cost will be. We always have to reach out to the sales team first, and only then it's possible to figure out what the pricing model is. I would rate this solution a seven out of 10.
MarkDoherty - PeerSpot reviewer
Jan 10, 2024
Fastest to get up and running and fewer idiosyncrasies than competitors
The common elements of the use case are a medium to a high volume of API calls, generally in a Microsoft-based environment, and occasionally Amazon. Implemented on the public cloud primarily for financial institutions. Serving retail clients with a reasonably complicated system architecture…

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"It allowed us to publish and replace pre-essential transactions in one place, with a uniformity in terms of control and policies."
"Good interface, intuitive solution."
"The tool's authentication mechanism is easy to implement. We had to define a few parameters."
"The most valuable feature is the load balancing with the circuit-breaker function."
"The feature I find most valuable is that this solution allows us to manage our security."
"The scalability is very good. That was a key factor in the selection, like how it could be pushed to high volume and scalability, which seemed to be very good."
"You can set up workflows and write limited pieces of logic."
"The portal for developers that this solution provides has great functionality."
"It is a good product for API management."
 

Cons

"Lacks an integrated billing feature."
"The product has new features that we are going to implement in the next few months, such as API management and analytic reporting."
"Akana API Management needs to improve its documentation."
"I would like to see some additional features like having some extensions for .NET core because we use it for our back-end language."
"We ran it for a while, but then we decided to move away from Tyk, because Tyk's cloud version, the SaaS version, has a significant limitation of limited flexibility, so you can't program very much."
"In terms of our usage, the main area of concern is that they tend to build enhancements slightly ahead of the considerations for what those enhancements and extensions are. So it could be slightly better communication with the customer base that would be my main issue with them."
"We would like a better tool for generating documentation for the APIs to be developed."
"Sometimes when new features are released, they are not immediately stable."
"It is a young product and does not have the kind of brand recognition that would make it a more popular solution with our clients."
 

Pricing and Cost Advice

"For us, the pricing and licensing policies were for an on-premise installation with a fixed cost structure, that matched our budgeting policies."
"We are using the open-source version of this product, so there are no licensing costs for its use."
"There are different versions and plans available depending on the requirements, so there is flexibility in terms of the pricing."
"It had a free version, which suited many of our needs, but not all, but we were happy to go ahead with the licensed version as well, which is the paid version."
"The price is low compared to other products of a similar type."
"The cost curve is far smoother, both in terms of volume and the number of calls it's running on, compared to most competitors. So it's a tad more expensive at the very low end, but the curve is nothing like Apigee or some of the others."
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Top Industries

By visitors reading reviews
Financial Services Firm
20%
Healthcare Company
12%
Computer Software Company
12%
Manufacturing Company
11%
Financial Services Firm
21%
Computer Software Company
21%
Government
8%
Healthcare Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Questions from the Community

What do you like most about Akana API Management?
The tool's authentication mechanism is easy to implement. We had to define a few parameters.
What needs improvement with Akana API Management?
Akana API Management needs to improve its documentation.
What do you like most about Tyk?
The scalability is very good. That was a key factor in the selection, like how it could be pushed to high volume and scalability, which seemed to be very good.
What is your experience regarding pricing and costs for Tyk?
The pricing is actually quite competitive. In Azure environments, it gets beaten by Microsoft API Gateway, but on the other hand, it offers some features that Microsoft lacks. So it really comes do...
What needs improvement with Tyk?
In terms of our usage, the main area of concern is that they tend to build enhancements slightly ahead of the considerations for what those enhancements and extensions are. So it could be slightly ...
 

Learn More

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Overview

 

Sample Customers

British American Tobacco, Credit Suisse, Daimler, eBay, FOX, Liberty Mutual, Marriott, Mayo Clinic, Skandia, Tata communications
Trip Advisor, Juniper Networks, AT&T
Find out what your peers are saying about Akana API Management vs. Tyk and other solutions. Updated: July 2024.
793,295 professionals have used our research since 2012.