Which of the following is true about API Management?

API Management involves the practices and technologies that allow organizations to create, publish, secure, monitor, and analyze APIs (Application Programming Interfaces) effectively. The correct choice highlights that API Management encompasses guiding principles and practices that can ensure APIs are secure and aligned with software development standards. This role might involve nonprofit organizations or consortia that set standards and best practices for developing secure and efficient APIs, thereby promoting overall software security.

The focus of API Management is largely on software integrations and security rather than on hardware, user interface design, or database optimization. While those areas can certainly be part of the broader software development and IT landscape, they are not the primary focus of API Management. API Management aims to improve collaboration between developers and systems, ensuring that interfaces between applications and services function securely and reliably. Thus, the role of guiding secure software practices is fundamental to the effective management of APIs within any organization.